International

Argentina’s Vaca Muerta Production Helping Counteract Bolivia’s Natural Gas Decline

Argentina’s Vaca Muerta Production Helping Counteract Bolivia’s Natural Gas Decline

Bolivian gas was once the beating heart of South America’s natural gas production, with powerhouse neighbors Argentina and Brazil relying on the landlocked country’s pipeline shipments to keep the lights on. But this is seen coming to an end. Bolivian gas production will decline more rapidly than expected, falling from 1.4 Bcf/d in 2022 to…

January 18, 2023
Jera Inks Tentative Agreements for Ammonia Offtake, Gulf Coast Hub Fueled by Natural Gas

Jera Inks Tentative Agreements for Ammonia Offtake, Gulf Coast Hub Fueled by Natural Gas

Jera Co. Inc., Japan’s leading power producer and one of the world’s top buyers of LNG, has signed two tentative agreements for ammonia supply that include exploring plans for a Gulf Coast production facility fed by low-carbon natural gas. Jera disclosed Monday memorandums of understanding (MOU) with a unit of Yara International ASA and CF…

January 18, 2023
What Are NGI’s Thought Leaders Forecasting for Natural Gas Prices, LNG, Russia – and Beyond?

What Are NGI’s Thought Leaders Forecasting for Natural Gas Prices, LNG, Russia – and Beyond?

Asking natural gas and oil executives about the market, their projects, cash flow and budgets is a staple of the NGI Thought Leader team’s daily routine. Turning that microphone around to ask journalists the questions is a bit trickier! The Thought Leader team was up for the challenge, though, to editorialize as we enter 2023.…

January 18, 2023
Japan Gets No ‘Concrete Commitment’ from Canada for Additional LNG Supplies

Japan Gets No ‘Concrete Commitment’ from Canada for Additional LNG Supplies

Canadian Prime Minister Justin Trudeau kept the backers of Cedar LNG guessing about the project’s fate when Japanese counterpart Fumio Kishida came calling for supply last week. As the leaders met in Ottawa, Haisla Nation and Pembina Pipeline Corp. awaited provincial and federal rulings on the C$3 billion (US$2.3 billion) plan for a liquefied natural…

January 17, 2023
Egyptian LNG Exports Climbing as Europe Demand Fueling Supply Growth

Egyptian LNG Exports Climbing as Europe Demand Fueling Supply Growth

Egypt ramped up LNG exports last year to maximize use of its terminals and further its role as a hub of Mediterranean and Middle Eastern supply  to Europe. Minister of Petroleum and Mineral Resources Tarek El-Molla said in a press briefing Wednesday that Egypt exported around 8 million tons (Mt) of liquefied natural gas during…

January 13, 2023
TotalEnergies Now Top German LNG Supplier After Lubmin Deal

TotalEnergies Now Top German LNG Supplier After Lubmin Deal

TotalEnergies SE and Switzerland-based energy supplier MET Group said Friday they’ve secured regasification capacity at the new offshore LNG import terminal at Lubmin on Germany’s Baltic Sea coast.  TotalEnergies said it is now one of Germany’s main liquefied natural gas suppliers, while MET Group said the capacity would allow it to fulfill agreements signed with…

January 13, 2023
Shell’s Prelude FLNG in Australia Still Offline After December Fire

Shell’s Prelude FLNG in Australia Still Offline After December Fire

Royal Dutch Shell plc’s Prelude floating LNG (FLNG) vessel offshore Western Australia remains offline more than three weeks after another fire broke out on board.  Shell said a small fire was detected on Dec. 21 in a turbine enclosure and quickly extinguished. However, liquefied natural gas production was suspended pending an investigation, the company said. …

January 12, 2023

Cheniere Completes Third Sabine Pass Loading Dock to Boost Operations – The Offtake

A roundup of news and commentary from NGI’s LNG Insight: Cheniere Energy Inc. will be working through January to demobilize construction crews at its Sabine Pass LNG facility and file required information after completing construction on its third marine berth, according to a filing with the Federal Energy Regulatory Commission. The additional berth, completed in…

January 12, 2023
European Union Energy Regulator Plans First Step for LNG Benchmark Alternative to TTF

European Union Energy Regulator Plans First Step for LNG Benchmark Alternative to TTF

The European Union’s (EU) energy regulator plans to publish a daily LNG price assessment starting Friday as part of policies established last year to create a bloc-wide benchmark. The EU Agency for the Cooperation of Energy Regulators (ACER) was ordered to begin publishing price assessments by Jan. 13 after the European Commission (EC) passed new…

January 11, 2023

Oman Continues Streak of LNG Supply Deals with Shell Agreement – The Offtake

Shell plc has inked a 10-year, 0.8 million metric ton/year (mmty) offtake agreement for additional supply from Oman’s majority state-owned liquefied natural gas terminal starting in 2025.

January 11, 2023