Jacob Dick

A roundup of news and commentary from the global gas market FERC has granted Venture Global LNG Inc. permission to start building power facilities and install turbine generators at its Plaquemines liquefied natural gas export facility as the company continues to target first LNG sometime this year. Venture Global sanctioned the 13 million metric ton/year…

House Republicans are refining their arguments about the impact of the Department of Energy’s (DOE) pause on new LNG export permits, this time focusing on the Gulf Coast economies of Texas and Louisiana. Members of the Energy, Climate and Grid Security Subcommittee met in Port Arthur, TX southeast of Houston, for a field hearing focused…

TotalEnergies SE disclosed the final investment decision (FID) for an LNG expansion project in Papua New Guinea would be pushed back by at least one year as the project partners hunt for more “commercially viable” contractors. The French major’s CEO Patrick Pouyanné met with Papua New Guinea Prime Minister James Marape to discuss the status…

Pembina Pipeline Corp. and its project partners in the Cedar LNG export project in British Columbia (BC) disclosed that they have given a notice to proceed to their contractors and are working on the final financial arrangements after securing binding offtake agreements for the project. Arc Resources Ltd., one of Canada’s largest natural gas producers,…

Small-scale LNG producer Stabilis Solutions Inc. expects the fuel’s use in commercial rocket launches to rapidly expand over the next several years, creating more demand and incentives to grow its liquefaction capacity. Houston-based Stabilis recently disclosed it expects demand for high-purity liquefied natural gas to grow 40% year/year in 2024 as the pace of rocket…

A roundup of news and commentary from the global gas market A 7.4-magnitude earthquake impacted Taiwan and briefly triggered a tsunami warning Tuesday, but hasn’t appeared to disrupt LNG imports, according to data from Kpler. Two vessels initially were turned away during the warning, but imports resumed on Wednesday. Taiwan imported more than 20 million…

The state of Alaska and Pantheon Resources plc are negotiating a deal to boost in-state natural gas inventories using a proposed LNG feed gas pipeline to transport associated volumes from the North Slope. London-based Pantheon has been advancing development plans for an additional 66,000 acres in Alaska’s Ahpun and Kodiak fields since submitting the top…

Natural gas trade associations and LNG project developers could be forced to rely on the courts or Congress for a swift end to the U.S. Department of Energy’s (DOE) pause on new export authorizations after the agency closed the door on revisiting its decision. At the end of March, DOE issued two denials of requests…

Russia’s Gazprom PJSC will reportedly increase its ownership of Sakhalin 2 LNG project, placing more of the country’s export capacity under state-owned company’s control as sanctions continue to pressure its oil and pipeline gas revenues. According to the Russian government, a 27.5% stake valued at $1.6 billion is to be sold to Gazprom, increasing its…