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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Woodside Lands Additional Scarborough Customer with Kogas Supply Agreement
As its work on the Scarborough LNG project progresses, Woodside Energy Group Ltd. has netted another major Asian customer for the expansion, this time signing on the world’s largest single importers of liquefied natural gas. Woodside has inked an agreement with Korea Gas Corp. (Kogas) to supply 0.5 million metric tons/year (mmty) of LNG on…
Sempra Looking Beyond LNG Pause to ‘Development Milestones’ for Port Arthur, Cameron Expansions
While U.S. LNG developers navigate the fallout of a pause in new worldwide liquefied natural gas export authorizations, Sempra Infrastructure executives said they were still focusing on the best prices and partnerships, rather than permitting timelines. The LNG and Mexico infrastructure arm of San Diego-based Sempra is currently in the early phases of construction on…
Major Energy Trade Associations Challenge Legality of DOE’s LNG Export Pause
One of the U.S. oil and natural gas industry’s largest trade groups is pushing the Department of Energy (DOE) to reverse a pause on new LNG export licenses as the possibility of intervention from Congress slims. The American Petroleum Institute (API) and other groups representing the liquefied natural gas industry have filed a request for…
Venture Global Fighting Disclosure on Contracts, Awaiting FERC Reply on Calcasieu Pass Deadline
Long-term offtakers of Venture Global LNG Inc.’s Calcasieu Pass terminal in Louisiana are again pressing FERC to make the export project developer provide information about the facility, this time targeting a request to extend the commissioning process. Earlier this month, Venture asked the Federal Energy Regulatory Commission to extend the deadline for its 10 million…
Jera Inks Equity, Offtake Agreements for Woodside’s Scarborough LNG Project
Jera Co. Inc., one of the world’s largest LNG buyers, has secured a 15.1% stake in Woodside Energy Group Ltd.’s Scarborough project as it continues to look for stable long-term supply for Japanese power production. Under the transaction, valued at $1.4 billion, Jera would obtain a non-operating interest in the Scarborough partnership and offtake an…
EOG Increases LNG Exposure with Brent-linked Vitol Supply Agreement
Vitol Inc. is progressing its strategy of inking direct supply agreements for U.S. LNG with exploration and production (E&P) companies, this time tapping EOG Resources Inc. Under the sales and purchase agreement, EOG would supply Vitol with 180,000 MMBtu/d of natural gas, or the equivalent of 1.25 million metric tons/year (mmty) of liquefied natural gas,…
Port Arthur LNG Permit Question Facing Texas Supreme Court Scrutiny
A panel of federal judges has decided to withdraw its decision around a Texas air permit for Sempra Infrastructure’s Port Arthur LNG export project southeast of Houston. In November, the U.S. Court of Appeals for the Fifth Circuit vacated an air permit granted by the Texas Commission on Environmental Quality (TCEQ). In that decision, the…
Equinor Nets 15-Year LNG Supply Agreement to Support Indian Ammonia Production
Norway’s Equinor ASA has agreed to supply one of India’s largest chemical manufacturers using its growing portfolio of Norwegian and U.S. LNG under a new long-term sales and purchase agreement (SPA). Deepak Fertilisers and Petrochemicals Corp. Ltd. has secured 0.65 million metric tons/year (mmty) of liquefied natural gas for 15 years from Equinor that it…
Flows Return to Freeport LNG After Train 1 Compressor Issue – The Offtake
A roundup of news and commentary from NGI’s LNG Insight Feed gas nominations to Freeport LNG started to tick up again Wednesday after being curtailed over the holiday weekend, according to Wood Mackenzie pipeline data. The Texas facility reported an outage at Train 1 on Feb. 16 caused by a compressor issue, according to a…
BP, Adnoc East Mediterranean Partnership to Advance Egyptian Natural Gas
Abu Dhabi National Oil Co. (Adnoc) and BP plc are creating a joint venture (JV) focused on Egyptian natural gas production as conflict in Israel and Palestine continues to pressure Eastern Mediterranean energy exports. The new JV, majority-owned by BP (51%), would include the London-based major’s interest in three offshore development concessions, as well as…