china

Petrochemical giant Ineos Group, which now ships U.S. natural gas to European ports, said Monday it has clinched a long-term supply agreement to ship domestic ethane from domestic shale fields to China’s SP Chemicals.

Looking to spur increased liquefied natural gas (LNG) exports, the U.S. Trade and Development Agency (USTDA) on Friday announced an initiative to connect American companies to new export opportunities in emerging economies.

U.S.-based energy companies this week announced billions of potential investments from Chinese firms that would not only ensure financing to develop domestic natural gas but also the wherewithal to export more gas and ethane products to the fastest growing market in the world.

Three Chinese companies tentatively have stepped forward to help finance Alaska’s costly and long-stalled natural gas export dreams.

During President Trump’s first state visit to China, officials from West Virginia and state-owned China Energy Investment Corp., the world’s largest power company, signed an $83.7 billion memorandum of understanding (MOU) to develop shale gas and chemical manufacturing projects in the Mountain State.

DTE Energy Co. said this week it would move forward with a 1,100 MW natural gas-fired power plant after filing a certificate of necessity with the Michigan Public Service Commission (MPSC) for the nearly $1 billion project.

During February U.S. exports of liquefied natural gas (LNG) edged up by 800 MMcf from January to reach a new high of 52 Bcf, according government data. Meanwhile, some researchers see headwinds to growing gas imports by No. 3 U.S. LNG importer China and No. 5 India.

An agreement announced Thursday between the United States and China to advance economic cooperation could have implications for liquefied natural gas (LNG) trade between the two countries.

With Sabine Pass Train 3 online and Train 4 poised to begin taking feedgas in the coming days, Cheniere Energy Inc.’s Louisiana liquefied natural gas (LNG) export terminal could be pulling 3 Bcf/d from the U.S. natural gas market by the second quarter, Barclays Research said in a note Wednesday.