The latest LNG industry news
Sellers need to react quickly to opportunities and disappointments and be ultra flexible. Will new spot USLNG provide that flexibility and enable these markets to grow?
Golden Pass Products received Department of Energy authorization to export liquefied natural gas (LNG) to Non-Free Trade Agreement (NFTA) countries.
NGSA says well-functioning markets yield cost and environmental gains for consumers; calls for infrastructure and competitive market principles
Pasifik Agra Energi has committed an investment of over Rp 6.5 trillion (US$550 million) to build the first cryogenic energy-integrated LNG terminal in South Sulawesi, can you tell us a little bit about how this project came about? One of the best ways to distribute the primary energy source in an archipelago is by LNG, […]
We firmly believe there is tremendous potential in the country to surpass those 25 MM m/3day: in the short to medium term, new power plants running on natural gas and new and old industrial clients and in the long run, a growing residential and commercial demand.
The election of Donald Trump as the next U.S. President may have a transformative impact on the U.S. energy sector, from oil & gas and power to renewables and the environment.
Last December, SPEC LNG started its operations and became the very first LNG regasification terminal in Colombia. SPEC LNG talks about the project and discusses the main challenges that the company faced during its development. After carefully exploring several different options to secure supply in a country where gas demand is notably bigger than its […]
“The LNG industry is on the verge of a big revolution. It’s an opportunity for us now to capture the new demand that we known exists in many existing markets but also many new markets. “ Watch the interview with Martin Houston, Co-Founder, Tellurian Investments here.
“I think the industry is quite exciting right now. I think supply and demand is changing. I think the United States is going to play a very important role going forward.” Watch the Kathleen Eisbreener, Chairman & CEO at NextDecade interview here.
“The LNG industry has been growing numerous times over by expanding markets. Ultimately that’s the next step we need to take again.” Watch the Steven Miles & Jason Bennett, Baker Botts LLP interview here
Chilean consumers do not need a supplier; rather they require a partner who acquires risks and commitments.
We believe that the incoming Trump Administration will support US LNG exports, given the clear economic and environmental benefits it will bring – the jobs it will create, the revenues it will deliver…
Last Friday, Sociedad Portuaria El Cayao (SPEC) began operations at the first Colombian LNG regasification terminal at Cartagena de Indias, positioning the country as one of the main new players in the LNG regional market.
The historic growth of natural gas production in the United States during the past decade has led to many new proposals to export the commodity in the form of liquefied natural gas (LNG). This article discusses the potential liabilities of exporters due to the actions of downstream LNG purchasers and the commingling of U.S. LNG with other supplies and suggest steps- based upon the practices of other regulatory agencies – that exporters, LNG customers, and the DOE/FE can take to address those liabilities.
Latin American LNG imports steadily increased throughout the 2000′s and, in 2014, the region consumed 22.3 million t of LNG, which accounted for approximately 9% of the total global LNG trade. This article surveys the key developments in LNG regasification infrastructure developments in the larger economies of the region in 2016 along with related notable developments in the energy sectors of these countries and the related impacts of and inter-relationships with the global LNG trade.
In February 2016, Cheniere Energy loaded its first cargo from the Sabine Pass LNG terminal in Louisiana, US, onto the 160 000 m3 Asia Vision LNG carrier for delivery to Brazil’s Guanabara Bay LNG terminal. This cargo represented an auspicious beginning for the Latin American LNG trade in 2016, which still remains a relative newcomer to the industry.
With the election of President Macri in Argentina, Pedro Pablo Kuczynski in Peru, the impeachment of Dilma Roussef, and the low price commodity environment, several countries are making regulatory changes to promote foreign investment.
Last week, US voters took the world by surprise by electing Donald Trump to be the next US President. As the dust settles, people are trying to sort out what President Trump might mean for US energy policy in general, and more specifically for LNG and natural gas.
The Galway Group webinar focuses on: “Where to Sell & What it Takes” – opportunities and challenges in emerging LNG markets; and “How Much to Even Produce & Sell” – USLNG production outlook
Chairwoman, Pat Roberts, draws together the key findings with respect to market fundamentals and their consequences, and most importantly identifies emerging opportunities to build new LNG demands.
Our understanding is that we are facing a transition in risk allocation in the LNG world, with a “case by case” approach and no off the shelf solutions that apply across the board.
Karthik Sathyamoorthy, President, Galway Group speaking at CWC’s 15th World LNG & Gas Series: Americas Summit & Exhibition.
Elizabeth Spomer, President and CEO, Jordan Cove LNG speaking at CWC’s 15th World LNG & Gas Series: Americas Summit & Exhibition.
Kasciandro Senem, Gas & Power Manager, Petrobas speaking at CWC’s 15th World LNG & Gas Series: Americas Summit & Exhibition.
Aziz Bamik, North America General Manager, GTT speaking at CWC’s 15th World LNG & Gas Series: Americas Summit & Exhibition.
Jimmy Straughan, Chief Commercial Officer – LNG Americas, BO speaking at CWC’s 15th World LNG & Gas Series: Americas Summit & Exhibition.
Hiran Sivam, Principal Investment Officer, IFC Global Oil & Gas speaking at CWC’s 15th World LNG & Gas Series: Americas Summit & Exhibition.
Jason Bennett, Co-Chair of Global Projects Department and Partner, Baker Botts speaking at CWC’s 15th World LNG & Gas Series: Americas Summit & Exhibition.
Pat Roberts, Managing Director, LNG-WorldWide Ltd. speaking at CWC’s 15th World LNG & Gas Series: Americas Summit & Exhibition.
In the short term, competition among contractors is one of the biggest factors in reducing costs but we know that won’t last forever.
Managing Director, Head of LNG, Origination & Structuring, EMEA – Bank of America Merrill Lynch
The LNG supply is growing fast. Australian projects are coming onstream, and the US Gulf of Mexico – which has the ambition of becoming one of the main LNG exporters worldwide – exported its first LNG earlier in 2016.
The flexibility of gas generation to support the renewables development and the environmental advantages of gas versus coal and oil are not being deployed successfully. Part of the problem has to do with the recent high prices of LNG as the linkage to oil caused the cost to skyrocket when went up in price.
Small scale has the potential to be a significant source of new demand in coming years. Applications such as
bunkering, motor fuels and small scale generation all have the potential to increase demand for LNG.
Sellers are being challenged to differentiate themselves in terms of offering flexibility, credit and pricing options for new projects and emerging buyers.
Shell’s Chris Johnson takes a look at the ‘new normal’ in the LNG industry, and what challenges and solutions there are in reducing LNG supply costs.
Looking at BG Group’s unique LNG portfolio model, Steve discusses where he thinks the LNG industry is heading over the next five years, and what are the enablers driving growth.
Discussing the emerging markets that will be front runners for North Americas LNG, Kathleen predicts what factors will allow more US LNG projects to take FID pre 2020 and what she sees US LNG FOB and tolling models looking like in the future.
Pertamina’s VP LNG tells us all about Indonesia’s projects and what role gas plays in the country’s energy mix now and in the near future.
Steven talks us through LNG sale, purchasing and tolling agreements, as well as the opportunities and challenges presented by anticipated oversupply in the market.
© The CWC Group 2017