International

IEA Forecasting Near-Term Surge in U.S.-to-Mexico Natural Gas Exports

IEA Forecasting Near-Term Surge in U.S.-to-Mexico Natural Gas Exports

U.S. exports of piped natural gas to Mexico are expected to grow by 20% during the 2022-2026 period, according to the International Energy Agency (IEA). The projection is “partly driven by new LNG export terminals in Mexico relying on U.S. feed gas supplies, including the Energía Costa Azul liquefied natural gas project (4.4 Bcm/year) and…

October 18, 2023
Australian Union Workers Call Off Strikes at Gorgon, Wheatstone LNG

Australian Union Workers Call Off Strikes at Gorgon, Wheatstone LNG

Australian labor unions have called off strike action at the Gorgon and Wheatstone LNG terminals after members gave initial approval for an agreement with Chevron Corp. Union members at Chevron operated liquefied natural gas terminals and offshore platforms had previously planned to start work stoppages as soon as Thursday after accusing Chevron of reneging on…

October 18, 2023
QatarEnergy Signs Another 27-Year LNG Supply Deal for Europe

QatarEnergy Signs Another 27-Year LNG Supply Deal for Europe

QatarEnergy said Wednesday it has agreed to supply Shell plc with 3.5 million tons (Mt) of LNG from its massive North Field expansion project for nearly three decades.  The liquefied natural gas would come from the 32 Mt/year North Field East (NFE) project and the 16 Mt/year North Field South (NFS) project. Shell was awarded…

October 18, 2023
Canada’s Supreme Court Tosses ‘No More Pipelines Bill,’ Says Parliament Overstepped

Canada’s Supreme Court Tosses ‘No More Pipelines Bill,’ Says Parliament Overstepped

The Supreme Court of Canada on Friday ruled that the Liberal government in Ottawa violated the national constitution with the 2019 Impact Assessment Act (IAA), aka “no more pipelines bill,” which claimed exclusive authority over environmental approval of natural gas, oil and forestry projects.  “Parliament has plainly overstepped its constitutional competence,” five of the seven…

October 17, 2023
Russian, Australian Supply Uncertainty Drives Japanese to Diversify LNG Suppliers

Russian, Australian Supply Uncertainty Drives Japanese to Diversify LNG Suppliers

Japan is looking to further diversify its LNG supply to shore up energy security as sanctions against Russian terminals, labor strikes in Australia and now a conflict in the Middle East, provide more threats for the global LNG market. “The Group of Seven (G7) Partners are committed to working jointly to deny Russia future energy…

October 17, 2023
Northern Mexico Needs Pipelines to Meet Growing Natural Gas Demand, Says Expert

Northern Mexico Needs Pipelines to Meet Growing Natural Gas Demand, Says Expert

Northern Mexico needs additional natural gas infrastructure to meet rising energy demand, energy lawyer Alain Duthoy told NGI’s Mexico GPI.  “The recent announcements of more natural gas capacity and supply are positive, but there is still a lack of infrastructure in place to distribute it to the companies and industries that need it,” he said.…

October 13, 2023
War, Labor Strikes and Possible Sabotage Spook LNG Market as Winter Nears

War, Labor Strikes and Possible Sabotage Spook LNG Market as Winter Nears

Israel’s war against Hamas has done little so far to disrupt global natural gas supply balances, but a confluence of factors have combined in a short period of time to shatter the perceived sense of calm that had prevailed over the market heading into winter. “I don’t think fundamentals have changed at all, however, sentiment…

October 13, 2023
Initial Phase of New EU Carbon Import Tax Not Expected to Impact Natural Gas

Initial Phase of New EU Carbon Import Tax Not Expected to Impact Natural Gas

Natural gas is not included in the initial phase of the world’s first carbon import tax in the European Union (EU) that kicked off this month, but plans to start charging tariffs on specific imports by 2026 has raised political and economic issues for companies in and outside of the bloc. The first round of…

October 13, 2023
U.S. Natural Gas Exports to Grow to 2050 as Global Energy Demand Rises, EIA Says

U.S. Natural Gas Exports to Grow to 2050 as Global Energy Demand Rises, EIA Says

Primary energy use will increase globally through 2050 in all cases examined in updated projections from the U.S. Energy Information Administration (EIA), pointing to a rise in North American natural gas production and exports to help meet the growing demand. Meanwhile, greater adoption of non-fossil fuel-based energy resources such as nuclear and renewables will likely…

October 11, 2023
QatarEnergy Inks Its Largest European LNG Supply Deal with TotalEnergies

QatarEnergy Inks Its Largest European LNG Supply Deal with TotalEnergies

QatarEnergy said Wednesday it has agreed to provide TotalEnergies SE with 3.5 million tons (Mt) of LNG annually over the course of 27 years from its massive North Field expansion projects.  The company said cargoes for TotalEnergies from the North Field East (NFE) and North Field South (NFS) projects would begin in 2026 under two…

October 11, 2023