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HomeLNG

LNG

Shell
Exploration and Production

Blurred Lines – As The U.S. Races Toward 30 Bcf/D Of LNG Exports, What Could It Mean For Upstream Markets?

August 25, 2022 Clark Savage

The momentum for U.S. LNG right now is powerful. With Europe’s efforts to wean itself off Russian natural gas boosting long-term LNG demand and Asian consumption expected to grow even further, there has been a […]

Freeport LNG
LNG

Freeport LNG partial restart delayed to November from previous October target

August 24, 2022 Clark Savage

Freeport LNG has delayed its target for partial restart by about a month as it works to complete repairs following a June explosion and fire that shut down the Texas liquefaction facility, the company said […]

US LNG
International News

QatarEnergy picks Samsung C&T to build solar plants to power its LNG expansion

August 23, 2022 Clark Savage

QatarEnergy said its newly formed QatarEnergy Renewable Solutions awarded an engineering, procurement and construction contract to Samsung C&T to build two solar PV plants with capacity to generate 875 MW of electricity, which will be […]

barrel
International News

now it is as if oil cost $ 410 a barrel

August 23, 2022 Clark Savage

Natural gas prices around the world are skyrocketing, but prices in Europe make up the lion’s share. These currently match those of oil if it were sold for $ 410 a barrel. Four times the […]

Exports

US Natural Gas Spikes 81% in 7 Weeks, Hits New 14-Year High, Unwinds Plunge in June and July

August 23, 2022 Clark Savage

Here we go again. This morning, the notoriously volatile natural-gas futures, which have taken down numerous hedge funds over the years, jumped to nearly $10 per million Btu and currently trade at $9.75, the highest […]

Bulgaria
Exports

Bulgaria refuses to buy large quantities of US liquefied gas

August 23, 2022 Clark Savage

The Bulgarian government has decided to accept only one of the agreed seven liquefied gas supplies from the US company Cheniere, despite the price being almost €30 lower than that offered on European gas exchanges. […]

Shell
Exploration and Production

Shell’s Giant Prelude FLNG Unit to Remain Shut for Longer as Pay Dispute Continues

August 19, 2022 Clark Savage

Unions at Shell Plc’s Prelude floating liquefied natural gas (FLNG) site off Australia have extended industrial action to Sept. 1 over a long-running pay dispute, the company said on Thursday. Shell shut down the 3.6-million-tonne-a-year […]

Germany
International News

Germany signs deal with gas firms to supply two floating LNG terminals

August 16, 2022 Clark Savage

FRANKFURT, Aug 16 (Reuters) – Germany signed a memorandum of understanding (MoU) on Tuesday with the country’s top gas importers to safeguard the supply of two floating liquefied natural (LNG) gas terminals it needs to […]

Freeport LNG
Exports

EXCLUSIVE Freeport LNG retracts force majeure, widening losses for gas buyers – sources

August 10, 2022 Clark Savage

LONDON, Aug 10 (Reuters) – Top U.S. gas exporter, Freeport LNG, has retracted the force majeure it initially declared after an explosion in June, a development that could cost its buyers billions of dollars in […]

Eni
Exports

Eni acquires Tango FLNG to produce and export LNG from Republic of Congo

August 5, 2022 Clark Savage

MILAN — Eni has acquired the company Export LNG Ltd., which owns the Tango FLNG liquefaction facility, from Exmar group. The facility will be used by Eni in the Republic of Congo, as part of the activities of the natural […]

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