Tuesday, November 20, 2018

Natural Gas Supply News

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…

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.

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…

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

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…

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.

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.

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.

Israel Approves Development of Large Offshore Leviathan Natgas Field

Israel's government on Thursday approved the development of the controversial Leviathan natural gas field that will give Israel a second source of gas supply while potentially turning it into a gas exporter. Leviathan, one of the largest offshore discoveries of the past decade…

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…

Brazil Antitrust Regulator Recommends Penalizing Petrobras

The superintendent's office of Brazil's antitrust regulator Cade recommended penalizing state-run oil company Petroleo Brasileiro SA for anti-competitive behavior in the natural gas distribution market, according to a statement from Cade on Monday.

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…

Southern, KMI finalize Southern Natural Gas Pipeline venture

KM Pipeline

Southern Company and Kinder Morgan, Inc. today announced the closing of their natural gas pipeline venture through Southern Company’s acquisition of a 50 percent equity interest in the Southern Natural Gas (SNG) pipeline system through a subsidiary of Southern Company Gas.

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).

PetroChina Expands LNG Receiving Capacity

Top Chinese oil and gas firm PetroChina started up new storage tanks for liquefied natural gas (LNG) at two receiving terminals, getting ready to meet winter demand for the heating fuel, according to officials and an industry website. PetroChina started operating a 200…

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…

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.

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…

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…