Rio Grande Requests Extension to Build Texas Export Facilities
Rio Grande LNG has sought a three-year extension from the U.S. Federal Energy Regulatory Commission to construct an export facility in Texas, according to a filing.The company requires the time to build certain project facilities and make the liquefied natural gas export plant at the Port of Brownsville available for service by November 2031, it said in the filing to the energy regulator on Friday.Rio Grande LNG is an under-construction facility owned by NextDecade, with the capacity to export 48 million tonnes per annum of the super-chilled gas.The terminal, which is a key component of the company's broader LNG export ambitions along the U.S.
Middle East Conflict Restricts Supply for European LNG Stock Refill
The escalating conflict in the Middle East due to the U.S.-Israeli war with Iran is tightening global liquefied natural gas (LNG) availability and constraining Europe's ability to refill storages which depleted to their lowest since 2022 over the summer, the European Network of Transmission System Operators for Gas (Entsog) said on Thursday.The conflict between the U.S.-Israel alliance and Iran has shut the Strait of Hormuz, a narrow waterway that normally carries about a fifth of global LNG supplies, to most ships, resulting in a tighter supply outlook and higher gas prices."Europe enters the summer injection season from a much lower storage leve
QatarEnergy Prepares to Restart LNG Production
QatarEnergy is preparing to restart liquefied natural gas (LNG) production, two sources with knowledge of the matter told Reuters on Wednesday.In March, QatarEnergy halted production of LNG and associated products due to military attacks on facilities in Ras Laffan and Mesaieed.The company has restarted two out of three trains at QELNG North 1 (Qatargas-1), one of the sources said. QELNG North 1 is Qatar's first-ever LNG project and is located in Ras Laffan Industrial City.
Novatek Establishes Company to Build Vessels, Floating Facilities Amid Global Tanker Shortage
Russia's largest producer of liquefied natural gas Novatek has set up a company to build its own vessels and floating facilities, according to the state's registry of authorised companies, amid a shortage of gas tankers due to sanctions.Ilya Lushchikov, who is also head of Novatek's Murmansk LNG project, is in charge of the new company, called Severny Inzhiniring, or Northern Engineering, which was set up on March 25, according to the registry.Novatek did not reply to a request for comment.Western sanctions imposed in 2022 significantly limited the availability for Russia of ice-class tankers to transport LNG cargos.Zvezda, Russia's most advanced
Italy to Receive LNG From US Golden Pass Facility Starting June
Italy will begin receiving liquefied natural gas (LNG) from the Golden Pass LNG facility in the United States, a joint venture between QatarEnergy and Exxon Mobil, from June, two sources familiar with the matter told Reuters.The LNG tankers from the United States will help Italy plug a potentially costly supply gap due to disruptions from Qatar linked to the U.S.-Israeli war against Iran, the sources with knowledge of the LNG market said.Italy is already receiving LNG from the United States but these cargoes would mark the first LNG coming from Golden Pass facilities in Texas to Italy's Adriatic LNG terminal, they said.In March, U.S.
