Jacob Dick joined the NGI staff in January 2022 and was promoted to Senior Editor, LNG in February 2024. He previously covered business with a focus on oil and gas in Southeast Texas for the Beaumont Enterprise, a Hearst newspaper. Jacob is a native of Kentucky and holds a bachelor’s Degree in journalism from Western Kentucky University.
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Articles from Jacob Dick
BP Claims All Natural Gas Offtake from Canada’s Woodfibre LNG in Latest Agreement
Pacific Energy Corp. Ltd.’s Woodfibre LNG project in Western Canada is fully subscribed after the latest agreement with BP plc, according to the company. BP has inked a third sales and purchase agreement for 15 years of offtake on a free-on-board basis from the export project in British Columbia, covering a combined 1.95 million metric…
September 5, 2023
Mitsui Eyes Growing U.S. Renewable Natural Gas Demand from LNG, Utilities with Terreva Stake
Mitsui & Co. Ltd. has taken a 33% stake in Cim Group’s growing renewable natural gas (RNG) company as it bets on soaring demand for low-carbon gas for LNG and alternative fuels. The Japanese industrial giant disclosed it made the investment in Atlanta-based Terreva Renewables LLC as a part of Cim’s ongoing investment plan for…
September 5, 2023
Sempra Joins Japan to Review Exporting Synthetic Natural Gas from Cameron LNG
Sempra Infrastructure has joined a partnership of Japanese gas utilities and major industrial groups studying the potential of using Gulf Coast LNG terminals to create an export hub for low-carbon, natural gas-backed fuels. The unit of San Diego-based Sempra has agreed to support a study aimed at gauging the feasibility of exporting hydrogen or ammonia…
August 30, 2023
Suez Canal Collision Causes Slight Delays for U.S. LNG Cargoes Shifting Away from Panama
A collision of two vessels in the Suez Canal hasn’t disrupted LNG traffic between the Atlantic and Pacific basins, but slight delays on the critical waterway could help add to shipping times as U.S. cargoes continue to shift from the Panama Canal. The Suez Canal Authority reported Wednesday a stop in traffic on the channel…
August 25, 2023
Israel Agrees to Export More Natural Gas to Egypt, Lifting Potential LNG Supply for Europe
Israel has agreed to send more natural gas to Egypt, potentially stabilizing future LNG exports to Europe as Egypt balances calls for more supply and domestic demand. Israeli Energy Minister Israel Katz said in a post on X, formerly Twitter, that he had signed an agreement with Egypt to allow for additional gas resources from…
August 24, 2023
Woodside Reviews Closing One NWS LNG Train on Falling Natural Gas Volumes
Woodside Energy Group Ltd. is considering whether to take one of the five LNG trains connected to its North West Shelf (NWS) Project offline as it works to attract more third-party natural gas partners. In its half-year results, Australia’s largest energy company disclosed the NWS partnership was assessing the cost saving benefits of placing one…
August 23, 2023
Spot Rates for LNG Carriers See Early Rise as Natural Gas Buyers Vie for Winter Deliveries
Spot rates for LNG vessel charters are rising sooner than last year as natural gas buyers and sellers hone in on the winter supply scenario and global risks that still abound. Spot vessel rates for liquefied natural gas deliveries east of the Suez canal reached about $100,000/day Friday for the first time since January and…
August 22, 2023
Cheniere Grows European Customer Base, Offtake for Sabine Pass LNG with BASF
Cheniere Energy Inc. has inked a sales and purchase agreement (SPA) with chemical giant BASF SE as it continues commercializing the next proposed expansion of the Sabine Pass LNG terminal. BASF agreed to buy 0.8 million metric tons/year (mmty) for at least 17 years on a free-on-board basis, plus a fixed liquefaction fee. Initial deliveries…
August 22, 2023
More Australian Offshore Workers Approve Strike Action, Spiking Global Natural Gas Prices – LNG Recap
Global LNG prices ratcheted up at the start of the week as the latest news on potential Australian labor action at one of the country’s largest export facilities increased the risk of European and Asian competition ahead of winter. The majority of union workers at Woodside Energy Group Ltd’s Northwest Shelf (NWS) offshore platforms, which…
August 21, 2023
Adnoc Seeking to Cement Role as ‘LNG Partner of Choice’ with Japex Natural Gas Supply Deal
Adnoc Gas plc has inked a five-year LNG sales and purchase agreement with Japan Petroleum Exploration Co. (Japex) as Abu Dhabi aims to sustain and grow its influence on Asian gas markets. The firms didn’t disclose an annual volume of liquefied natural gas for the contract, but valued the deal at between $450 and $550…
August 17, 2023