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Proposed Lng News

11 May 2023

US Permit Crackdown Poses New Hurdles for Proposed LNG Projects

© moofushi / Adobe Stock

The U.S. Department of Energy's refusal to grant export permit extensions to liquefied natural gas (LNG) developers that fail to meet a construction deadline poses a new hurdle for greenfield plants, analysts said on Thursday.The DOE last month said it would grant future extensions solely on extenuating circumstances and rejected an extension for Energy Transfer's proposed Lake Charles LNG project.The change will fall heavily on firms without a track record and available financing, analysts said.Around a dozen LNG projects in the U.S.

14 Dec 2022

Australia Gas Price Cap Boosts LNG Import Terminal Plans but Adds risk

©4680.photo/AdobeStock

Australia's plan to control domestic natural gas prices, which producers say will deter the development of new supply, is expected to boost the prospects for proposed LNG import terminals but potentially defeat the government's aim to cut energy bills.Parliament is set to pass legislation on Thursday to cap gas prices at A$12 per gigajoule (GJ) for a year and then require a "reasonable price" for domestic sales after the cap expires.Industry players say the plan, which surprised producers


29 Aug 2022

Canada Sees West Coast LNG Revival as World Scrambles for Gas

© vladsv / Adobe Stock

Canada is taking a second crack at developing a liquefied natural gas (LNG) export industry on its west coast a decade after soaring costs and indigenous opposition derailed a previous wave of proposed LNG terminals.This time, companies are focusing on smaller west coast projects they bet will be cheaper and faster to build."Smaller project are easier to manage, especially in Canada," Enbridge chief executive Al Monaco told Reuters in an interview. "The need for global LNG is clearer now than it was before, we're getting a second chance and I hope we don't blow it this time.

01 Jun 2022

Europe's Dash for Gas & FSRUs Puts Australia's LNG Import Plans at Risk

Illustration - An FSRU - Credit: Karel/AdobeStock

Europe's race to replace Russian gas supply has threatened Australia's plans for five gas import terminals as they compete for key infrastructure, raising the risk of a supply shortfall in Australia's populous southeast in the next two years.France, Germany, and the Netherlands among others will need to import liquefied natural gas (LNG) to replace pipelined gas from Russia, which has been hit by sanctions during the Ukraine conflict.European users are grabbing floating storage and regasification units (FSRUs) needed to convert LNG to gas


25 Mar 2022

Australia's First LNG Import Terminal Seen Ready by Late-2023

Illustration only - © Mariusz/AdobeStock

Squadron Energy, the private company building Australia's first LNG import terminal, expects its Port Kembla facility in New South Wales to be ready to take its first gas shipment by the end of 2023, its commercial director said on Tuesday.Squadron Energy, owned by Australian mining billionaire Andrew Forrest, is vying against four other proposed LNG import projects looking to fill a shortfall in gas supplies expected in southeastern Australia from as early as 2024, and across eastern Australia from 2027.Earthworks at the Port Kembla site about 90 kilometers (56 miles) south of Sydney have bee

27 May 2019

AIE Buys Gas from Port Kembla LNG

Australian Industrial Energy (AIE) said it has reached a preliminary agreement with EnergyAustralia to provide 15PJs of natural gas per annum, from its Port Kembla gas terminal (PKGT).PKGT is one of five proposed LNG import terminals that could help meet a looming gas shortage in southeastern Australia, even as the country is set to become the world’s top LNG exporter.Commencing 1 January 2021, the five-year contract will supply gas for EnergyAustralia’s residential and industrial customers as well as for electricity generation.This announcement follows the NSW Government’s decision in April 2019 to award development consent to AIE’s PKGT


19 Oct 2018

LNG Investment Set to Grow

“We’re starting to see a lot more investment in LNG, but if you want to be in you have to start now,” Jim McCaul of International Maritime Associates (IMA)

Following years in the pricing doldrums, LNG is hot again, with business prospects for floating production and regasification looking strong through 2023. We talk to Jim McCaul of International Maritime Associates (IMA) for his insights, as he is fresh off of a 12-month stint investigating the market in depth."We wanted to take a fresh look at the market, to identify opportunities both in the production and regassification of LNG" is how McCaul, founder of IMA, best describes his team’s 12-month effort to study and report on the industry.

11 Oct 2018

LNG Report: Floating Liquefaction & Regasification

Prelude. Photo: Shell

International Maritime Associates has completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals. The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector. Project Success EvaluationThe IMA study is the first professional effort to systematically look at the universe of FLNG and FSRU projects in the planning stage – and categorize the likelihood of each making the development investment hurdle.

04 Oct 2018

IMA Completes 12-month Study of the Floating Liquefaction and Regasification Market

© Wojciech Wrzesien / Adobe Stock

International Maritime Associates has just completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals. The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector.Project Success EvaluationThe IMA study is the first professional effort to systematically look at the universe of FLNG and FSRU projects in the planning stage – and categorize the likelihood of each making the development investment hurdle.

12 Jun 2018

AGL Energy Inks Deals for LNG Import Jetty

Australian power producer AGL Energy said on Tuesday it has signed two agreements for its planned liquefied natural gas (LNG) import terminal at Crib Point in the southeastern state of Victoria.The first is with pipeline firm APA Group to develop and construct the Crib Point Pakenham pipeline, and transport gas from the proposed LNG terminal to the domestic market, AGL said.The second is with the Port of Hastings Development Authority for the long-term use of Crib Point Jetty berth 2 to moor the floating storage and regasification unit (FSRU).Both are subject to a final investment decision to be made on the terminal by the financial year 2019.The company expects the delivery of first gas into the domestic market during the 2021 financial year.AGL said it is working on getting environmental

04 Jun 2018

New LNG Import Terminal Planned at Port Kembla

© vladsv / Adobe Stock

A consortium including Japan's JERA Co and Marubeni Corp aiming to ship liquefied natural gas (LNG) to Australia's east coast has chosen a site south of Sydney at Port Kembla for an import terminal, it said on Monday.The project will allow access to a new gas supply for local industries in New South Wales state by 2020, the consortium, Australian Industrial Energy (AIE), said in a statement.AIE also includes iron ore magnate Andrew Forrest's Squadron Energy. Top global LNG buyer


27 Feb 2018

Texas LNG Gets OK from US Coast Guard

Artist impression depicts Texas LNG’s planned liquefaction facilities (Image: Texas LNG Brownsville LLC)

Texas LNG Brownsville LLC said it achieved another development milestone with the U.S. Coast Guard’s Letter of Recommendation to the Federal Energy Regulatory Commission (FERC) confirming the suitability of the Brownsville Ship Channel for the project’s marine traffic as it relates to safety and security. “After reviewing the information in the applicant’s [Letter of Intent] and Waterway Suitability Assessment and completing an evaluation of the waterway in consultation with a variety of state and local port stakeholders


27 Jan 2016

Eagle LNG Seeks Greenlight for LNG Exports

Eagle LNG Partners has submitted an application with the US Department of Energy (DOE) requesting long-term, multi-contract authorization under Section 3 of the Natural Gas Act to engage in exports of natural gas in the form of liquefied natural gas (LNG). The application seeks authorization to export up to 49.8 Bcf, or ~1.0 million tons per annum (mtpa), of LNG per year to both free trade agreement (FTA) and non-free trade agreement (non - FTA) countries. The authorization is for Eagle LNG Partners’ proposed FERC-jurisdictional LNG export facility in Jacksonville, Florida, and requests authorization from the DOE to export LNG on its own behalf and as an agent for other organizations.

08 Sep 2015

Saldanha Bay Could be S.Africa's First LNG Import Terminal

Gas seen as key to help resolve power crisis; gas could be sourced from Nigeria, Angola, Mozambique. South Africa could build its first 20 billion rand ($1.4 billion) liquefied natural gas (LNG) import facility at the west coast port of Saldanha Bay to feed gas-to-power projects aimed at easing chronic supply shortages, an official said on Tuesday. Importing LNG is among the options Africa's most developed economy is considering to diversify its energy sources away from coal and ease power shortfalls that have curbed growth. Several companies, including Shell, Mitsubishi and Sasol, are expected to bid for 3,126 megawatt (MW) gas-to-power projects in the first quarter of 2016, when exact details will become known.

24 Aug 2015

Survey Underway for Morecambe Bay LNG Project

Photo courtesy of Bibby HydroMap

Seabed survey company Bibby HydroMap have begun survey operations on the proposed LNG project off Morecambe Bay. The work program comprises geophysical, geotechnical and environmental surveying of the proposed pipeline route to shore and will be undertaken using a multi-vessel approach. Bibby HydroMap’s own vessels Chartwell and Eagle will perform the geophysical and environmental scope, acquiring multibeam bathymetry, side scan sonar data, sub-bottom profiler and magnetometer data, alongside benthic grab samples and visual inspection.

14 Jul 2015

IOC Books 1 Mtpa Capacity at Swan LNG Terminal

Indian Oil Corp. has booked one million tonne a year capacity in Swan Energy’s proposed LNG terminal at Jafrabad in the Indian state of Gujarat, B Ashok, chairman said.   He expects gas to contribute 15 per cent to the energy mix in 5-7 years from 8 per cent now as the country moves to the cleaner fuel.   The terminal has a total capacity of 5 million tonne per annum (mtpa). Earlier, Swan Energy had approached three public sector companies — ONGC, IOC and BPCL — to book capacities to LNG at its terminal at Jafrabad in Gujarat.   The construction of the terminal is expected to begin later this year and the project is likely to be operational by 2018. However, IOC is not looking at buying a stake in the project, Ashok stated.

21 May 2015

British Columbia Signs LNG Deal with Petronas

B.C. Premier Christy Clark has announced an agreement in principle with Pacific NorthWest LNG, owned in majority by Malaysia's Petronas, for a liquefied natural gas development on the province's northwest coast. Hailed as “the largest capital investment in B.C. history,” Clark said the LNG framework will result in stable, long-term revenue for B.C. and $36 billion in investment, including a proposal for an LNG facility near Prince Rupert. Both are intended to provide certainty to the Petronas-led Pacific Northwest LNG project and encourage them to make a final investment decision to build a project in British Columbia. Although there are 19 proposed LNG projects in B.C.


29 May 2014

Overhaul Of U.S. Natural Gas Export Review Process

The Obama administration on Thursday announced a major overhaul of its review process for U.S. liquefied natural gas exports, a change that would benefit companies with strong financial backing for their projects. Under the proposal, the Department of Energy would no longer issue conditional approvals of projects. Instead, the department would decide whether an LNG export project is in the national interest only after the Federal Energy Regulatory Commission, or another agency, had issued a final environmental review. The action would shift emphasis from the department's conditional approval, placing the onus on FERC. The department said that by waiting until the environmental review is completed


24 Mar 2015

Sempra Energy Plans Port Arthur LNG project

Sempra Energy’s subsidiary, Port Arthur LNG, has requested that the US Federal Energy Regulatory Commission (FERC) initiate the pre-filing review for the company’s proposed liquefaction and export facility in Port Arthur, Texas. The San Diego-based energy company has asked the federal government to start reviewing the plans for its proposed LNG project on a portion of the company’s existing 2,900 acres in Port Arthur. Sempra officials are in talks with local leaders, and all permits are expected to be in by spring 2015, but no groundbreaking date has been set. Sempra wants to build two natural gas liquefaction trains capable of producing 1.4B cf/day of LNG (10M tons/year)


28 Jul 2014

LNG to Acquire Bear Head LNG Project in Canada for US$11 mi

Liquefied Natural Gas Limited today announced that it has significantly expanded its presence in the North American Liquefied NaturalGas (LNG) sector by signing an agreement to acquire 100% of Bear Head LNG Corporation (BHLC)from a subsidiary of Anadarko Petroleum Corporation (Anadarko) for US$11.0 million. A 255-acre site comprising industrial-zoned land (180 acres) and deep-water acreage (75 acres) as well as foundations in place for two 180,000 cubic meter LNG tanks. The land has been cleared, a majority of site works completed and roads constructed. The Project Rights of the previously proposed LNG import terminal, including all assets, rights and obligations associated with the Bear Head project.

18 Aug 2014

Faster Approvals for LNG Export to Non-FTA Countries

Liquefied Natural Gas Limited has advised that the U.S. Department of Energy has revised procedures that could result in faster approval of applications to export LNG to non-Free Trade Agreement (Non-FTA) countries. The company had in October 2013 applied for approval to export 8 million tonnes of LNG per annum from its Magnolia LNG project at Port of Lake Charles, Louisiana, to non-FTA countries. markets Managing Director Maurice Brand said “DOE reiterates that the procedural changes will enable it to focus on projects that are more likely to advance to commercial operation, referencing commencement and continued progress  through and completion  of  the National Environmental  Policy Act  (NEPA) process as an  indicator.

28 Aug 2014

LNG Finalizes Acquisition of Bear Head LNG Project

Liquefied Natural Gas Limited today informed having finalised the acquisition of 100% of Bear Head LNG Corporation (BHLC). This follows the announcement to the ASX by LNGL on 28 July 2014 regarding the signing of an agreement to acquire BHLC from a subsidiary of Anadarko Petroleum Corporation (Anadarko) for US$11.0 million, and the satisfaction of standard closing conditions and consents. This acquisition of BHLC is in line with LNGL’s strategy of acquiring sites in North America where the Company can replicate its Magnolia LNG Project and fast‐track development by using its existing LNGL development team and its OSMR® technology. * A 255‐acre site comprising industrial‐zoned land (180 acres) and deep‐water acreage (75 acres) as well as foundations in place for two 180


16 Dec 2014

USCG Addresses Future of Marine Fuels

The Pacific Merchant Shipping Association hosted The Future of Marine Fuels: Emission Control Area and Liquefied Natural Gas Conference in San Pedro, California on December 4, 2014. Representing the U.S. Coast Guard’s (USCG) Liquefied Gas Carrier National Center of Expertise (LGC NCOE) were Lt. Cmdr. Anthony Hillenbrand and Scott LaBurn. As a speaker and panelist, Hillenbrand addressed more than 50 industry, state and local agency representatives with comments focused on services provided by the LCG NCOE and the status of national policies regulating LNG fueled vessels and LNG bunkering processes. The LGC NCOE is one of six NCOEs nationwide focusing on providing consultation and technical services to the marine industry and Coast Guard on matters related to liquefied gas carriers