Tuesday, March 19, 2019

Natural Gas Supply News

EIA: Azerbaijan Surges in Natural Gas

Graphics: U.S. Energy Information Administration

Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets, the US Energy Information Administration said in its report.The EIA’s report notes that Azerbaijan’s exports of natural…

US to Become Third Largest LNG Exporter in 2019

Pic: Center for Liquefied Natural Gas (CLNG)

The coming year is expected to make the U.S. the third largest exporter of liquefied natural gas (LNG) in the world, creating jobs stateside while reducing emissions and providing reliable energy to countries around the world, said American Petroleum Institute (API).API…

Lithuania Plans to Buy an FSRU

(Photo: Hoegh LNG)

Lithuania has given the go ahead to state-owned Klaipedos Nafta to purchase a liquefied natural gas (LNG) storage vessel by late 2024, as it shores up energy supplies and reduces its reliance on Russian natural gas.Klaipedos Nafta is currently leasing a floating storage and regasification unit (FSRU)…

Engie to Buy Gas from Romania's Black Sea Oil & Gas

Image: Black Sea Oil & Gas SRL

Romanian based independent oil and gas company Black Sea Oil & Gas together with its co-venture partners, Petro Ventures Resources and Gas Plus International, announced the signing of the Gas Sales Agreement with ENGIE through its subsidiary Engie…

Sinopec to Boost Gas Supply

(Photo: Sinopec)

Chinese state oil major Sinopec said on Monday it will supply 18.17 billion cubic meters (bcm) of natural gas during the heating season that kicks off this week, up 17.7 percent from last year, to meet rising demand in the world's fastest-growing…

Andeavor Shuts Washington Refinery Units Due to Disruption

Andeavor on Thursday said it has begun shutting various units at its 120,000 barrel-per-day Anacortes, Washington refinery due to a disruption in natural gas supply to the plant following an upset in a third party pipeline.* A fire on a 36-inch Enbridge Inc pipeline, which carries gas to the Pacific Nort

A Promising Future for U.S. Shale

Natural gas production from U.S. shale fields can keep growing for decades, giving Washington a powerful diplomatic tool to counter the geopolitical influence of other energy exporters such as Russia, according to industry executives and government officials.

MOL's FSRU Challenger for Hong Kong LNG Terminal Project

Photo: MOL

Mitsui O.S.K. Lines (MOL) announced that MOL, has entered into a preliminary agreement to supply a Floating Storage and Regasification Unit (FSRU), as well as Jetty Operation & Maintenance Services for the Hong Kong Offshore LNG Terminal Project on a long term contract.

To Frack or Not to Frack? Australia's NatGas Dilemma

File Image (CREDIT: AdobeStock / © Shamtor)

The decision by the government of Australia's Northern Territory government to allow the resumption of fracking for natural gas will do little to immediately solve the country's energy woes, but will likely sharpen political battle lines. The territory's…

Chevron Greenlights Gorgon LNG Expansion

(File photo: Chevron)

Chevron Corp will proceed with the second stage of its giant Gorgon liquefied natural gas (LNG) export plant off the northwest coast of Western Australia, the company said on Saturday.Chevron and its joint venture partners plan to sink 11 new wells…

Russian gas for Slovenia

Alexander Medvedev Deputy Chairman of the Gazprom Management Committee Photo courtesy Gazprom

A contract for supply of gas was entered into to between Russia and Slovenia today in Ljubljana. Gazprom entered  with Slovenia. This new contract provides for annual supplies of 600 million cubic meters of gas by Gazprom from January 1, 2018 to January 1, 2023.

Sinopec to Double LNG Capacity, Boost Shale Ops

File Image (CREDIT: AdobeStock / (c) Shamtor)

China's Sinopec group, parent of Sinopec Corp, aims to more than double its receiving capacity of liquefied natural gas over the next six years and lift domestic shale gas production by two thirds by 2020. The plans are part of the state energy…

NOIA Comments Support Offshore Leasing Program

© xmentoys / Adobe Stock

he National Ocean Industries Association (NOIA) has submitted comments which strongly encourage the Secretary of the Interior to proceed with lease sale planning in all 25 planning areas proposed in the Draft Proposed Outer Continental Shelf Oil and Gas Leasing Program for 2019-2024 (DPP).

FNB Says Austria Incident Not to Affect Supply

FNB, a group of German long-distance gas network operators, said on Tuesday that the explosion at an Austrian gas hub disrupting European natural gas supply should not affect German flows. "We don't currently assume any problems with the supply…

Canceled LNG Project Casts Shadow over Canada's Biggest Shale Play

Petronas' decision to cancel its Pacific NorthWest LNG project is a blow to the growth outlook for Canada's largest shale play, eliminating a potentially huge source of future gas demand. Gas from the Montney shale play in western Canada would have…

EMEX Utility Group Launched

EMEX, LLC has announced the opening of its newest division: EMEX Utility Group (EUG), specializing in servicing local distribution companies, municipally owned utilities, and large industrial consumers in procuring electricity and natural gas supply.

Douglas-Westwood: The Great Global Gas Surplus

Global Liquefaction Capacity 2009-2021 (Image: Douglas-Westwood)

The production of LNG in recent years has increased dramatically. According to Westwood Global Energy data, LNG liquefaction capacity increased from 121 million tons per annum (mmtpa) in 2000 to nearly 270 mmtpa in 2010, and will reach just over 400 mmtpa by the end of 2017.

BP and Clean Energy Partner

BP p.l.c. and Clean Energy Fuels Corp. announced that BP will acquire the upstream portion of Clean Energy’s renewable natural gas business and sign a long-term supply contract with Clean Energy to support the firm’s continuing downstream renewable natural gas business.

Höegh Joins Consortium to boost Pakistan LNG imports

Höegh LNG provides floating energy solutions and operates world-wide. Photo Höegh

Qatar Petroleum (QP), Total, Mitsubishi, ExxonMobil, and Höegh LNG today announced their commitment to advance a liquefied natural gas (LNG) import project in Pakistan in collaboration with Global Energy Infrastructure Limited (GEIL). The Consortium…

China's Crude Output to Dip 7 pct by 2020

Govt plans 4 mln bpd crude output for 2020, vs analyst's 3.5-3.6 mln bpd. China's crude oil output is expected to drop by 7 percent by 2020 compared with the previous five-year plan as output from some of the nation's largest, but oldest, wells falls…