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National Grid Plans to Sell Europe’s Largest LNG Import Terminal 

National Grid Plans to Sell Europe’s Largest LNG Import Terminal 

National Grid plc announced it would sell the Grain LNG terminal in the UK, Europe’s largest import facility, to help fund its capital investment plans.  The utility said it would invest roughly $76 billion over the next five years for its energy infrastructure network in the UK and the United States to support the energy…

May 24, 2024
Venture Global, Sonatrach Extend UK LNG Supply at Grain Terminal

Venture Global, Sonatrach Extend UK LNG Supply at Grain Terminal

National Grid plc has boosted long-term LNG supply to the UK from the United States and North Africa with two contracts as it expands imports at its Grain LNG terminal. London-based National Grid launched an auction in September seeking bids for up to 9 million metric tons/year (mmty) in regasification capacity at Grain, Europe’s largest…

February 7, 2024
Natural Gas Expected to Play Key Role in UK Energy Mix Despite Plans to Increase Nuclear Power

Natural Gas Expected to Play Key Role in UK Energy Mix Despite Plans to Increase Nuclear Power

Natural gas imports will continue to play an important part in the UK’s energy mix despite a plan recently launched by the government for nuclear power assets to generate 25% of the country’s electricity by 2050.  The proposed targets of having up to 24 GW of nuclear power online by 2050 in the Civil Nuclear…

January 29, 2024
UK Looking to Issue North Sea Oil, Natural Gas Licenses This Fall

UK Looking to Issue North Sea Oil, Natural Gas Licenses This Fall

Hundreds of North Sea oil and gas licenses are set to be granted in the UK within months to reduce reliance on oil and natural gas imports to strengthen the country’s energy independence.  UK Prime Minister Rishi Sunak reaffirmed the UK’s commitment to oil and gas, saying late last month that “even when we’ve reached…

August 14, 2023
UK Natural Gas Supply Secure Through 2050 with Mix of LNG, Renewables, National Grid Says

UK Natural Gas Supply Secure Through 2050 with Mix of LNG, Renewables, National Grid Says

The UK should have stable natural gas supplies through 2050, but could see more frequent price spikes as its reliance on LNG grows its exposure to global demand, according to the country’s energy systems operator. In National Grid plc’s latest future energy scenario report, the firm reported the UK’s ability to secure “diverse sources of…

July 25, 2023
Delfin LNG Project Said on Track for FID by Mid-2023 After Hartree SPA

Delfin LNG Project Said on Track for FID by Mid-2023 After Hartree SPA

Delfin Midstream Inc. on Monday announced another binding agreement to sell LNG to an affiliate of commodity trader Hartree Partners LP and said it expects to sanction its floating offshore production facility in the Gulf of Mexico (GOM) by the middle of the year. Under the sales and purchase agreement (SPA), Delfin would sell 0.6…

April 24, 2023

LNG Surge Helps Fuel Healthy Summer Outlook for UK – The Offtake

The UK’s National Gas Transmission company reported the country is expected to have enough natural gas to meet summer demand this year.

April 18, 2023
UK’s North Sea Licensing Round Attracts Dozens of E&Ps in Push to Boost Domestic Production

UK’s North Sea Licensing Round Attracts Dozens of E&Ps in Push to Boost Domestic Production

Shell plc and BP plc were among the 76 companies that made 115 bids for 258 of the 931 blocks on offer in the UK’s offshore oil and gas exploration licensing round last month.  It was the country’s first licensing round since 2019, which attracted 104 bids for 245 blocks. The Department of Business, Energy…

February 8, 2023
How Is Post-Brexit Europe Building Natural Gas Alliances for Energy Security? Listen Now to NGI’s Hub & Flow

How Is Post-Brexit Europe Building Natural Gas Alliances for Energy Security? Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow, which delves into how Europe is working to fill the gap in natural gas supply ahead of winter. NGI’s Associate Editor Jacob Dick and Senior Energy Analyst Shaylon Stolk discuss how the post-Brexit European Union is building international alliances to meet its…

December 5, 2022
Russian LNG Exports Continue to Grow as Kremlin Targets Expansions

Russian LNG Exports Continue to Grow as Kremlin Targets Expansions

Russian LNG exports to Europe are on the rise despite the continent’s efforts to diversify natural gas supplies and impose a series of sanctions against the country for its war in Ukraine. Most of the liquefied natural gas exported from Russia to Europe has been sourced from PAO Novatek’s Yamal LNG facility in the country’s…

November 28, 2022
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