A roundup of news and commentary from NGI’s LNG Insight

  • Corpus Christi Pipeline planned to conduct maintenance through Friday that could cut feed gas deliveries to the Corpus Christi LNG export terminal by up to 75 MMcf/d, according to Wood Mackenzie. Meter cleaning at the system’s interconnect with Natural Gas Pipeline Company of America and work on the Sinton compressor station was expected to curb flows to the terminal.
  • Reuters reported Wednesday that China natural gas distributor ENN Group Co. Ltd. plans to double LNG receiving capacity at its Zhoushan terminal in the eastern part of the country to 10 million metric tons/year by 2024. The expansion needs to be approved by the National Development & Reform Commission.
  • Japan-Korea Marker spot prices shot above $14/MMBtu on Wednesday as demand increased. LNG buyers in China and India issued purchase tenders for several cargoes, sending prices higher. 
  • Total Energies SE and Technip Energies SE have signed a cooperation agreement to jointly develop low-carbon solutions for LNG and offshore facilities. The companies plan to explore new concepts and technologies for LNG production, cryogenics, hydrogen for power generation, and carbon capture, utilization and storage.