LNG

With exports underway at Dominion Energy Inc.’s Cove Point liquefied natural gas (LNG) terminal in Lusby, MD, the Intercontinental Exchange (ICE) has launched a physical trading product to reflect the changing market dynamics at the facility.

Anadarko Petroleum Corp. continues to progress its proposed natural gas export project in Mozambique and expects to wrap up sales and purchase agreements (SPA) this year, company executives said Wednesday.

Royal Dutch Shell plc in the first three months of the year benefited from its substantial — and growing — natural gas liquefaction business, with global sales climbing 17% year/year to 18.58 million metric tons (mmt) and volumes increasing 9% to 8.9 mmt.

Dominion Energy’s liquefied natural gas (LNG) export facility, Cove Point, on Chesapeake Bay in Maryland has officially entered commercial service.

Engie SA, which is unloading its global upstream liquefied natural gas (LNG) business in a mega-deal with Total SA, has agreed to sell its gas import terminal near Boston to Exelon Generation.

Houston-based Tellurian Inc., which is building a global natural gas business centered around Gulf Coast exports and onshore upstream development, has an estimated $29 billion in “near-term investments,” CEO Meg Gentle said Thursday.

Liquefied natural gas (LNG) exports from Dominion’s Cove Point terminal on Chesapeake Bay will reportedly be delayed until March.

A liquefied natural gas (LNG) tanker is approaching Dominion’s new export facility on Chesapeake Bay in Maryland, and was expected to dock there Thursday to assist with the commissioning process, according to analysts and three websites that track the movement and position of seafaring vessels.

Secretary of Energy Rick Perry in the last few days was making a pitch to export natural gas to the Middle East, opening up U.S. markets, while Russia is prowling for more customers in Asia and elsewhere with the startup of a massive project in the coldest part of the world.