Sunday, December 22, 2024

Adding U.S. Energy Export Capacity: Venture Global Announces Immediate Construction Start for Calcasieu Pass LNG

“With our FERC order in hand and our project contracted with binding 20-year sale and purchase agreements with Shell, BP, Edison S.p.A., Galp, Repsol and PGNiG, we plan to immediately commence construction activities in Louisiana in close coordination with FERC and other agencies,” Venture Global Co-CEOs Bob Pender and Mike Sabel said in a statement issued today. What kicked the Calcasieu natural gas liquefaction and export

U.S. Gas Notches Another Export Milestone

Cheniere ships First LNG from Corpus Christi plant Cheniere Energy, Inc. (stock ticker: LNG) exported the first liquefied natural gas commissioning cargo from its Corpus Christi, Texas liquefaction facility this week. The export is the first from a greenfield liquefaction facility in the lower 48 states. Jack Fusco, Cheniere’s president and CEO pointed out that his company delivered the project

LNG

Cheniere Produces LNG from Newest Corpus Christi and Sabine Pass Trains

Yesterday Cheniere Energy, Inc. (stock ticker: LNG), in partnership with privately-held Bechtel, produced the first LNG from the Corpus Christi Liquefaction project (CCL Project) in Texas. According to a 3Q 2018 presentation by Cheniere, the CCL Project is the first greenfield LNG export facility in the U.S. Lower-48. There are three trains, with 13.5 mtpa total capacity. Train 1 has

First Daewoo LNG Carrier with Full Reliquefication System is Earmarked for Texas LNG Cargoes

From LNG World Shipping State of the art LNG carrier will export natural gas from Freeport LNG – 800,000 tonnes per year starting in 2019 South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has completed its first LNG carrier equipped with a full reliquefication system. The ship in question is the 180,000 m3 LNG Schneeweisschen, the first LNGC built by

$11-Billion Canadian East Coast LNG Project Sees Soft FID in Q3, FID in Q1 2019

Proposed 10 mtpa export project already has nearby pipeline; Germany’s Uniper is contracted for $45 billion in gas over 20 years From Daily Commercial News Thousands of Nova Scotia construction workers are at the starting gate ready to get to work as Pieridae Energy edges closer to giving the go-ahead to its proposed $10-billion-plus liquid natural gas (LNG) project targeted

Kuwait Petroleum and Shell Sign 15-Year Agreement

Royal Dutch Shell plc (ticker: RDS.A) and Kuwait Petroleum Corp. have signed an LNG contract that secures Kuwait’s domestic energy needs for the next 15 years. A private source told Bloomberg that the contract will cover 2-3 million metric tons of LNG a year, all while undercutting Brent benchmark prices by 11%. “The big issue for Kuwait is they burn

Dominion Energy Cove Point LNG Says it will Start Up Commercial Ops Early 2018, Denies LNG Contract Re-Negotiations

Dominion Energy (ticker: D) issued a statement today saying it would begin commercial operations early next year under the terms of previously negotiated 20-year contracts with ST Cove Point, which is the joint venture of Sumitomo Corporation and Tokyo Gas, and for GGULL, the U.S. affiliate of GAIL (India) LTD. Responding to a report from India’s Oil Minister, reported by

Sempra Expects to Ship LNG Cargoes from Cameron within Weeks - President Trump - Oil & Gas 360

Canada’s Gas Price Will Remain Discounted $1.50 Below Henry Hub due to Stalled Canadian Pacific Coast LNG Export Projects: Deloitte

U.S. producers enjoy higher prices due to international customers for LNG export cargoes; Canadian gas becoming increasingly stranded – report A lack of market choice for Canadian natural gas led to increased volatility and depressed prices over the summer, creating a higher-than-usual differential with the price of U.S. natural gas, according to the latest oil and gas price forecast by

EnerCom Exclusive: Tom Petrie Discusses the Effects of Saudi Oil on the U.S. Oil and Natural Gas Sector

The Saudi Aramco IPO, U.S. crude oil exports, U.S. LNG exports During last week’s EnerCom Dallas oil and gas investment conference, Tom Petrie, chairman and founder of Petrie Partners, gave a luncheon presentation entitled “Scoping 21st Century Energy Geopolitics.” At its heart, Petrie’s presentation was a look at “today’s realities” especially concerning Saudi Arabia’s oil fortunes, U.S. Middle East policy

Canada Expects to Export Less NatGas to U.S., Send More LNG Abroad

From EIA Source: U.S. Energy Information Administration, based on Canada’s National Energy Board, Canada’s Energy Future 2016: Energy Supply and Demand Projections to 2040 In its recent publication, Canada’s Energy Future (CEF), Canada’s National Energy Board (NEB) projects that both Canada’s natural gas production and its domestic natural gas consumption will increase through the next decade. Exports of natural gas