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Equinor Nets Massive Natural Gas Supply Agreement with Germany’s Sefe

Equinor Nets Massive Natural Gas Supply Agreement with Germany’s Sefe

While a stream of LNG cargoes is largely helping Europe maintain its tight natural gas supply balance, the region’s largest gas user, Germany, is increasing its reliance on Norwegian pipeline flows to fuel its industry until an alternative fuel market emerges. Norway’s Equinor ASA has signed a letter of intent to supply German industrial gas…

December 20, 2023
Germany OKs Additional FSRU Site as U.S. Natural Gas Imports Climb

Germany OKs Additional FSRU Site as U.S. Natural Gas Imports Climb

Germany’s government is moving to site another floating storage and regasification unit (FSRU) as the volume of U.S. natural gas entering the country reaches new heights. In a recently approved bill, Germany’s Federal Ministry for Economic Affairs and Climate Action amended plans to ramp up short-term LNG import capacity by including an FSRU terminal at…

May 22, 2023
Germany’s RWE Partners in Proposed South Texas Ammonia Export, Production Hub

Germany’s RWE Partners in Proposed South Texas Ammonia Export, Production Hub

German utility RWE AG has joined a partnership to study producing and exporting ammonia with natural gas in the United States as it plans future expansions for its LNG import facilities in Germany. RWE, Lotte Chemical Corp. and Mitsubishi Corp. have jointly agreed to explore development of a project at the Port of Corpus Christi…

February 14, 2023

FERC Notes Possible Landscape Impacts from Venture Global’s CP2 project in Draft Report – The Offtake

A roundup of news and commentary from NGI’s LNG Insight: Federal Energy Regulatory Commission staff released a draft environmental impact statement (EIS) for an expansion of Venture Global LNG Inc.’s expansion and associated pipeline project at Calcasieu Pass LNG (Nos. CP22-21-000, CP22-22-000). Staff concluded the 20 million metric tons/year CP2 LNG project would have impacts…

January 20, 2023
Equinor, RWE Plan Natural Gas Plants, Blue Hydrogen Hub in German Coal Exit

Equinor, RWE Plan Natural Gas Plants, Blue Hydrogen Hub in German Coal Exit

RWE AG and Equinor ASA have agreed to work on a road map to phase out coal in Germany, led by a combination of more natural gas-fired power plants and a hydrogen production hub fed by Norway’s reserves. In a memorandum of understanding (MOU), RWE and Equinor agreed to collaborate on a plan that could…

January 10, 2023
First Phase of Port Arthur LNG Nearly Sold Out After RWE Deal

First Phase of Port Arthur LNG Nearly Sold Out After RWE Deal

Sempra Infrastructure said Tuesday it has finalized a deal to sell an affiliate of German utility RWE AG 2.25 million metric tons/year (mmty) of LNG from the first phase of its proposed Port Arthur export project in Jefferson County, TX. The liquefied natural gas would be sold for 15 years on a free-on-board basis, a…

December 28, 2022
Natural Gas E&Ps, Utilities Deliver A Helping Hand for the Holidays

Natural Gas E&Ps, Utilities Deliver A Helping Hand for the Holidays

From assisting natural gas and electric utility customers in paying higher-than-usual energy bills, to decorating Ronald McDonald Houses for the holiday season, the energy industry has once again stepped up to the plate to spread cheer this holiday season.  Jackson, MI-based Consumers Energy said it would provide $7.25 million to help Michiganders struggling with winter…

December 28, 2022
RWE Doubles U.S. Renewables Footprint in $6.8B Blockbuster Deal with Con Edison

RWE Doubles U.S. Renewables Footprint in $6.8B Blockbuster Deal with Con Edison

New York’s largest utility, Consolidated Edison Inc., plans to sell its clean energy businesses to the U.S. arm of German conglomerate RWE AG for $6.8 billion.  ConEd, as it is better known, agreed to sell ConEd Clean Energy Business Inc. (CEB), and three related business units to RWE Renewables Americas LLC. The transaction is expected…

October 3, 2022
Germany Inks Initial LNG Supply Agreement for Two Terminals

Germany Inks Initial LNG Supply Agreement for Two Terminals

Germany’s government has moved to secure supply for its two developing LNG terminals with a tentative agreement between some of the country’s largest energy firms. Economy Minister Robert Habeck signed a memorandum of understanding (MOU) Tuesday with Uniper SE and RWE AG agreeing to cooperate on supplying liquefied natural gas (LNG) for two import terminals…

August 16, 2022
Sempra, Cheniere and TotalEnergies Clinch More Buyers for Long-Term LNG Contracts

Sempra, Cheniere and TotalEnergies Clinch More Buyers for Long-Term LNG Contracts

Asian and European buyers of liquefied natural gas (LNG) are continuing the trend of snapping up long-term offtake agreements in a bevy of deals this week. Sempra Infrastructure said Wednesday it has reached a preliminary agreement with a subsidiary of Germany utility RWE AG.  The San-Diego-based energy company’s LNG arm could deliver 2.25 million metric…

May 25, 2022
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