Venture Global Proposes Expansion at Plaquemines LNG Facility
Venture Global wants to expand its Plaquemines LNG export facility by 24.8 million metric tons per annum (mtpa), almost 6 mtpa more than it originally proposed just four months ago, according to a regulatory filing issued late on Monday.Venture Global is already constructing the United States' second-largest LNG plant in Plaquemines Parish, Louisiana, and on March 6, announced plans to expand the facility by an initial 18.6 mtpa. It is now asking the Federal Energy Regulatory Commission (FERC) to increase the expansion to 24.8 mtpa, the filing shows.Venture Global has been able to quickly build and ramp up production from its LNG facilities.
Venture Global Produces LNG from Phase 2 of Plaquemines Facility
Venture Global has started producing liquefied natural gas from Phase 2 of its Plaquemines export facility in Louisiana, according to two people familiar with its operations as well as LSEG ship tracking data and federal filings.In the last six months, the United States' second-largest LNG producer has exported LNG from Phase 1 of its Louisiana facility, and has now begun producing the superchilled gas from Phase 2, allowing it to sell the LNG at higher spot market prices for the next two years, two people familiar with the project told Reuters.Plaquemines has two phases with different customers and timelines for delivery of LNG.
Equinor Extends Maintenance Outage at Hammerfest LNG Plant
Norway's Equinor has extended the maintenance outage at its Hammerfest LNG terminal, Europe's largest liquefied natural gas export facility, by 10 days to July 29, the company said on Monday.The Hammerfest plant in Arctic Norway, also known as Melkoeya LNG, went offline for annual maintenance on April 22, and was initially scheduled to return to operation on July 19.However, the facility will remain offline until July 29, an updated regulatory filing on the transparency website of infrastructure operator Gassco showed.Melkoeya LNG has the capacity to deliver around 6.5 billion cubic metres of gas per year…
Canada's New LNG Exports Have Yet to Lift Gas Prices
Last month's start-up of LNG Canada, the country's first large-scale liquefied natural gas export facility, has failed to lift Western Canadian natural gas prices as quickly as some market participants and observers expected, due to a persistent supply glut and the gradual pace of the facility's ramp-up.Shell-led Canada shipped its first cargo of 70,000 metric tons from the country's Pacific coast on June 30, to South Korea.The export facility, located in northern British Columbia, is anticipated to bring 2.1 billion cubic feet per day (bcfd) of new gas demand to Western Canada…
Venture Global to Supply Additional LNG to SEFE Energy From Calcasieu Pass 2
Venture Global will supply an additional 0.75 million tonnes per annum of liquefied natural gas to Germany-based distributor SEFE Energy GmbH, the two companies said on Wednesday.Shares of the U.S.
Saudi Aramco Discusses LNG Purchase to Support Commonwealth LNG's Market Growth
Oil giant Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company's proposed facility in Cameron, Louisiana, as it seeks to strengthen its position in the market for the superchilled fuel, four people told Reuters on Wednesday.The talks are for 2 million tons per annum (mtpa), two of the people said.Aramco and Commonwealth LNG did not immediately respond to Reuters requests for comment.If a deal is struck, it will bring Commonwealth LNG closer to the 8 mtpa it plans to sell out of the plant's capacity of 9.5 mtpa.
US LNG Exports Fall in June Amidst Maintenance
U.S. liquefied natural gas exports fell to their second lowest monthly level for the year in June, as maintenance work at some of the country's largest export facilities hurt output, according to preliminary data from financial firm LSEG.The United States, the world's top exporter of LNG, sold 8.4 million metric tons of the superchilled gas during the month, down from 8.9 MT in May and well below April's record of 9.3 MT, LSEG data showed.The reduction in LNG exports was primarily due to seasonal maintenance, including…
Pakistan Explores Selling Excess LNG
Pakistan is exploring ways to sell excess liquefied natural gas (LNG) cargoes amid a gas supply glut that could cost domestic producers $378 million in annual losses, according to a presentation and a government official familiar with the matter.The country has at least three LNG cargoes in excess that it imported from top supplier Qatar and has no immediate use for, and is currently selling natural gas at steep discounts to local users, a second government official said.Power generation from gas-fired power plants, which has historically accounted for a lion's share of LNG use in the country…
Energy Transfer to Supply Chevron With Additional LNG
Pipeline operator Energy Transfer said on Wednesday it will supply U.S. oil major Chevron with an additional 1 million tonnes per annum (mtpa) of liquefied natural gas from its Lake Charles LNG export facility.The 20-year agreement brings the total volume of LNG supply contracted by Chevron to 3 mtpa, following the initial 2 mtpa agreement signed last year.Commercial activity within the sector has gained momentum in the U.S., the world's largest LNG exporter, after President Donald Trump lifted a moratorium on new LNG export…
Egypt to Import LNG to Cover July 2025 to June 2026 Demand
Egypt plans to import liquefied natural gas to cover demand from July 2025 to June 2026, the Egyptian cabinet said in a statement on Wednesday, as it ramps up purchases to meet power demand despite strained government finances.Reuters reported on June 12 that Egypt has reached agreements with several energy firms and trading houses to buy 150 to 160 cargoes of liquefied natural gas to complement its domestic production and pipeline imports from Israel, according to industry sources.Egypt's gas production has been on a downward trend in the past few years…
Canada Produces First LNG For Export
The Shell-led Canada facility has produced its first liquefied natural gas for export in Kitimat, British Columbia, a spokesperson for the project confirmed on Sunday.The new production, which will go mainly to Asia, comes amid concerns over disruptions to the 20% of global gas supply coming from Qatar, due to the Israel-Iran conflict and the possibility of Tehran closing the Strait of Hormuz, a key shipping lane.The facility has not yet loaded its first LNG export cargo, although LNG Canada said it remains on track to…
Thermal Coal May Offer An Affordable Solution As LNG Prices Rise
Thermal coal may end up as a major beneficiary of escalating hostilities in the Middle East, as the fuel used to generate electricity becomes cheaper than one of its main competitors liquefied natural gas (LNG).Much of the focus of the potential fallout from the conflict between Israel, and now the United States, and Iran is the threat to crude oil and refined fuels shipped through the Strait of Hormuz.But all of Qatar's LNG also goes through the narrow waterway separating the gulfs of Persia and Oman, and this amounts to almost 20% of the global seaborne supply of the super-chilled fuel.While there has yet to be any disruption of Qatar's LNG…
Russian Yamal LNG Plant Ships First Cargo This Season Via Northern Sea Route
Russia's Yamal LNG plant, operated by Novatek, has dispatched a first cargo of liquefied natural gas this season via the Northern Sea Route to China, Kommersant daily reported on Friday, citing Kpler data.It said the Arc 7 ice-class tanker Georgiy Ushakov left the port of Sabetta on June 19 and has been moving eastward along Russia's Arctic shore.The route, challenging due to thick ice and cold weather during the winter season, gained more importance over the past few years as Europe, once the largest buyer of Russia's fossil fuels, imposed a number of sanctions against Moscow over the conflict in Ukraine.The European Commission on Tuesday propose
Canada Could Produce First LNG by This Weekend
Canada could produce its first ever liquefied natural gas this weekend, from the LNG Canada export facility in Kitimat, British Columbia, two people familiar with the startup of the plant told Reuters on Wednesday.The facility, the first of a handful of Canadian LNG projects to begin production, will be the first LNG facility in North America with direct access to the Pacific coast, significantly reducing sail time to Asian markets.When fully operational it will have a capacity to export 14 million metric tonnes per annum (mtpa)…
