Mexico received its first cargo of carbon offset liquefied natural gas (LNG) last week, according to BP plc and Sempra. Subsidiaries of the firms inked a contract for delivery of the cargo to Sempra’s Energía Costa Azul (ECA) terminal on Mexico’s Pacific Coast. It was expected to arrive last Friday (July 16). Greenhouse gas (GHG)…
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Cheniere Squeezed by LNG Cargo Cancellations During 3Q
Feed gas was introduced last month to the third train at Cheniere Energy Inc.’s Corpus Christi liquefied natural gas (LNG) terminal in South Texas, which is expected to produce its first LNG in the coming weeks, according to CEO Jack Fusco. Progress on the expansion project, expected to be complete in 1Q2021, was a bright…
Total Sells First Carbon Neutral LNG Cargo to CNOOC
French major Total SE has delivered its first carbon-neutral liquefied natural gas (LNG) cargo, with the shipment going to state-controlled China National Offshore Oil Corp. (CNOOC), Total management said this week. “This first LNG shipment, whose carbon emissions have been offset throughout the value chain, represents a new step as we seek to support our…
Cheniere Swings to Profit on Steep LNG Cargo Cancellation Revenues
Cheniere Energy Inc. reported a big boost from customers that elected to cancel liquefied natural gas (LNG) cargoes in the second quarter, earning $708 million in fixed fees from those opting out of lifting scheduled volumes. In the first quarter, the Houston operator earned $53 million in revenue associated with canceled cargoes. The 2Q2020 revenue…
Poland to Import First-Ever U.S. LNG Cargo in June
Polish Oil & Gas Co. (PGNiG) struck a deal for a spot cargo from Cheniere Energy’s Sabine Pass liquefied natural gas (LNG) terminal in Louisiana. The cargo, expected to arrive during the first half of June, would be northern Europe’s first from the United States.
Brief — JERA Co. Inc.
JERA Co. Inc. said its first liquefied natural gas (LNG) cargo produced in the contiguous United States arrived at the Joetsu LNG Terminal of Chubu Electric Power Co. last Friday. It is the first Lower 48 U.S. LNG cargo to be delivered to Japan, the company said. JERA and Cheniere Marketing International LLP had entered into a sale and purchase agreement for the cargo, which was loaded onto the LNG vessel Oak Spiritat Cheniere Energy Partners LP’s Sabine Pass LNG Terminal in Louisiana on Dec. 7. The voyage to Japan via the Panama Canal took about one month. JERA said it believes the purchase of US LNG will contribute to a stable energy supply in Japan through the diversification of procurement regions and LNG price indices. JERA said it will establish an “LNG procurement portfolio that can flexibly respond to changes in the business environment by increasing its procurement ratio of LNG which is free from destination restrictions, through projects such as the Freeport LNG Project in [the United States].”
Europe’s First Taste of Gulf Coast LNG On Its Way
The sixth cargo, carried by the Creole Spirit, from Cheniere Energy Inc.’s Sabine Pass liquefied natural gas (LNG) export terminal is bound for Portugal, making it the first Lower 48 LNG export to Europe, according to a Bloomberg report citing unnamed sources.
Europe’s First Taste of Gulf Coast LNG On Its Way
The sixth cargo, carried by the Creole Spirit, from Cheniere Energy Inc.’s Sabine Pass liquefied natural gas (LNG) export terminal is bound for Portugal, making it the first Lower 48 LNG export to Europe, according to a Bloomberg report citing unnamed sources.
With First LNG Export Cargo, U.S. Sets Sail Into Growing, Evolving Global Market
With the first cargo of liquefied natural gas (LNG) from the Lower 48 states expected to depart Wednesday afternoon from Cheniere Energy Inc.’s Sabine Pass terminal, the global gas market is entering a period of evolutionary change, speakers at IHS CERAWeek said.
Enterprise: First Gulf Coast Crude Export in January
Enterprise Products Partners LP is providing pipeline and marine terminal services to load its first export cargo of crude oil produced in the United States.