NEWS ARCHIVE

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	Sapphire Gas Solutions delivers over 100 MMg of LNG to the asphalt pavement industry -2/7/2023 9:22:27 PM Sapphire Gas Solutions has helped producers nationwide meet their environmental, social and governance goals by drastically reducing emissions from asphalt plants using purified methane in the form of LNG as the primary fuel source.
	Woodside, partners to pick plan for Timor Sea Sunrise gas project soon -2/7/2023 5:35:20 PM Woodside Energy Group and its partners on Monday formally committed to working rapidly to pick the best option for developing the Greater Sunrise natural gas field, factoring in for the first time the potential benefits for East Timor.
	Bangladesh could buy 10–12 spot LNG cargoes in Feb–June -2/6/2023 10:02:24 PM Bangladesh will buy 10–12 spot LNG cargoes between February and June if prices soften further, an energy adviser to the prime minister told Reuters on Monday, in a reversal of a government decision last year to halt spot purchases after prices spiked.
	Asian spot LNG prices decline, but enough to tempt buyers? -2/6/2023 9:57:33 PM The momentum in global liquefied natural gas (LNG) markets swung away from Europe and back to Asia in January, but the modest increase in demand wasn't enough to buoy spot prices.
	U.S. natural gas futures gain 2% on colder forecast for this week -2/6/2023 9:52:38 PM U.S. natural gas futures rose about 2% on Monday from a 25-month low in the prior session on forecasts for colder weather and higher heating demand this week than previously expected. Meteorologists forecast the weather would remain mostly warmer than normal through Feb. 20 except for a few cold days around the Feb. 18-19 weekend.
	Trinidad's Energy Minister to begin talks on gas deal in Caracas -2/6/2023 9:47:00 PM Trinidad and Tobago's Energy Minister met Venezuelan officials on Monday, according to Venezuela's state media, the first high-level visit since the United States last month green-lighted the joint development of a key offshore gas project.
	Nikkiso Clean Energy and Industrial Gases Group completes acquisition of Cryotec Anlagenbau GmbH -2/6/2023 6:22:55 PM Nikkiso Clean Energy and Industrial Gases Group, a part of Nikkiso Co. Ltd (Japan), and operating under Cryogenic Industries Inc. (U.S.), has completed the acquisition of Cryotec Anlagenbau GmbH (Cryotec), located in Wurzen, Saxony, Germany for an undisclosed amount.
	Novatek, India's GAIL poised to seal gas sales deal -2/3/2023 2:25:31 PM Russia's largest LNG producer, Novatek, is close to a deal to supply gas to GAIL (India) Ltd as it seeks alternative markets to Europe, three industry sources said.
	Texas utility selects Wärtsilä technology for new 190 MW grid-balancing peaker power plant -2/3/2023 2:22:13 PM The technology group Wärtsilä will supply the generating equipment for a new approximately 190 MW power plant to be built in Texas, USA.
	TC Energy provides Coastal GasLink Project update -2/3/2023 2:17:58 PM TC Energy Corporation announced updated cost estimates for the Coastal GasLink Project. The Project continues to face material cost pressures that include challenging conditions in the Western Canadian labor market.
	Japan's Kobe Steel, JERA launch new power units -2/2/2023 5:32:35 PM Japan's biggest power generator JERA and steelmaker Kobe Steel Ltd launched two power units — a natural gas-fired and a coal-fired, respectively — the companies said.
	Number of ships loading LNG in Spain doubled in 2022 -2/2/2023 5:24:05 PM The number of ships loading LNG in Spain and taking it across Europe doubled in 2022 compared with the previous year, helping ease the energy crisis driven by Russia's invasion of Ukraine.
	Shell still taking LNG cargoes from Russia under Novatek contract -2/2/2023 5:13:03 PM The world's largest LNG trader agreed a more than 20-year deal in 2015 for Novatek to supply around 900,000 tpy from the Yamal LNG plant in Siberia.
	Freeport LNG seeks U.S. approval to load LNG onto ships at Texas export plant -2/2/2023 5:10:10 PM Freeport LNG, the second biggest U.S. LNG exporter, sought approval from federal regulators to start loading LNG onto ships at its long-idled export plant in Texas, according to a filing made available on Thursday.
	IEEFA North America: British Columbia LNG project costs rising again -2/1/2023 4:23:35 PM Cost overruns on the Coastal GasLink (CGL) pipeline, rising construction costs for the Woodfibre LNG plant, and new uncertainties for gas production in the Montney Basin are creating financial challenges for liquified natural gas (LNG) projects in western Canada.
	Bangladesh to restart spot LNG buying as prices ease -2/1/2023 2:21:19 PM Bangladesh aims to buy more LNG on the spot market in the coming months, two officials at its national gas company said, reversing a government decision last year to halt spot purchases after prices spiked.
	Suez Canal tugs working to move broken down tanker, shipping traffic unaffected -2/1/2023 2:18:59 PM Suez Canal tugboats are working to move a broken down LNG tanker called Grace Emilia on Wednesday, two canal sources told Reuters, adding that shipping traffic is unaffected.
	U.S. natural gas consumption reached record daily high in late December 2022 -1/31/2023 4:42:41 PM On December 23, 2022, natural gas consumption in the U.S. Lower 48 states reached a daily record high of 141 B cubic feet, according to estimates from S&P Global Commodity Insights.
	Germany should consider creating strategic gas reserve -1/31/2023 4:38:28 PM Germany should consider establishing a national gas reserve, the head of the country's network regulator said, following concerns last year that a drop in Russian gas supplies could mean severe energy shortages.
	Russia boosts LNG exports to Europe by 20% in 2022 -1/31/2023 4:18:42 PM Russia supplied Europe with some 17 MMt of LNG last year, up about 20% from 2021 volumes.
	Russian gas supply hit pushes India's GAIL to scout for long-term LNG -1/30/2023 7:12:15 PM GAIL agreed a 20-year deal with GMTS in 2012 to buy an annual average of 2.5 MMt of LNG.
	ADNOC eyes valuation of at least $50 B for its gas business -1/30/2023 3:43:50 PM The state oil giant announced in November it was combining its gas processing arm and its LNG subsidiary into a single listed entity.
	Shell CEO's first changes combine upstream and LNG operations -1/30/2023 3:40:56 PM Shell will combine its oil and gas production and LNG divisions as part of broader changes under new CEO Wael Sawan, which the company said could result in some job cuts.
	Proved reserves of natural gas increased 32% in the United States during 2021 -1/30/2023 3:30:51 PM Proved reserves of natural gas in the United States grew to a new record of 625.4 T cubic feet (Tcf) in 2021, a 32% increase from 2020.
	Macquarie Capital and WaveCrest help deliver Germany’s first privately financed LNG terminal -1/27/2023 5:25:30 PM The ‘Deutsche Ostsee’ LNG import terminal, supported by Macquarie Capital, the corporate advisory, capital markets and principal investment arm of Macquarie Group, has now received its operating license.

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Editorial Comment
-Lee Nichols
Modern society would not be possible without the use of pipelines to transport natural gas, crude oil and finished products to demand centers.

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May 4, 2021 10:00 AM CDT