LNG

South Asian liquefied natural gas (LNG) markets stand to benefit from the recent shift to a globally oversupplied and lower-priced environment that has resulted from a mild winter and recent supply additions, particularly in the United States.

Australia-based GLX, an online trading platform for liquefied natural gas (LNG), plans to work with the energy price-reporting arm of IHS Markit to start up an end-to-end trading solution to transact physical cargoes.

The 20th century was the Oil Age, but the 21st century will be a mix of the old and the new, from natural gas to batteries to renewables, according to the chief of Royal Dutch Shell’s integrated gas and new technologies division.

The Alaska Gasline Development Corp. (AGDC) has signed an agreement with BP plc and ExxonMobil Corp. to collaborate on ways to advance the state-owned corporation’s Alaska LNG project, including identifying ways to improve the project’s competitiveness and secure FERC authorization to build the project.

In a move to illustrate the European Union’s (EU) commitment to its joint agreement to strengthen diplomatic ties with the United States, the European Commission reported Friday that the EU has boosted U.S. liquefied natural gas (LNG) imports by 181% to 7.9 billion cubic meters (Bcm) since the agreement was announced last July.

FERC said the 35-day partial shutdown of the federal government has forced it to delay by more than 40 days completion of an environmental impact statement (EIS) for the Jordan Cove liquefied natural gas (LNG) export facility and the companion Pacific Connector Pipeline project in Oregon.

Hot on the heels of approval by FERC, Venture Global’s Calcasieu Pass LNG export project in Cameron Parish, LA, has been issued a long-term order by the Department of Energy (DOE) authorizing it to export domestically produced liquefied natural gas (LNG) globally.

The article tiled Canada’s Eastern Seaboard Becomes Sabine Pass LNG Customer needs clarification. Imported natural gas has replaced depleted offshore production on Canada’s Atlantic seaboard, but the new sources do not yet include tanker deliveries from the United States as Canada’s National Energy Board (NEB) and NGI originally reported. A report by the NEB on the New Brunswick and Nova Scotia markets has been corrected by dropping a previous reference to an initial liquefied natural gas (LNG) cargo from Cheniere Energy Inc.’s Sabine Pass operation in Louisiana.Tanker deliveries to date at the Canaport LNG terminal in New Brunswick arrived from Trinidad, Norway and the Netherlands, according to the revised NEB summary. The LNG cargos supplement Atlantic Canadian imports by reversed flows on the Maritimes & Northeast Pipeline.

While China is expected to remain the major growth engine for liquefied natural gas (LNG) through 2025, Europe is becoming an integral part of the global market as well, with imports reaching record levels in December, according to Societe Generale.