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Gas Pipeline Infrastructure News

09 Oct 2017

LNG Market to Reach USD 20.6 bln by 2025

The global liquid natural gas (LNG) market is expected to reach USD 20.6 billion by 2025, growing at a CAGR of 12.7%, Research and Markets reported. Rising focus on development and expanding gas pipeline infrastructure and growing demand for natural gas from downstream sectors is a crucial driving factor for the industry. Decreasing LNG prices along with execution of favorable government rules and regulations, which are attracting FDIs & tax schemes are also conducive to industry growth. Cumulative emphasis of adequate support infrastructure in numerous economies is anticipated to enhance product demand in the construction sector, since the product is used in building equipment.

27 Jan 2017

NextDecade Takes Aim at Texas City for LNG Export

NextDecade LLC has signed lease agreements with the State of Texas and City of Texas City for a close to 1,000-acre site at Shoal Point for the potential development of a multi-billion dollar liquefied natural gas (LNG) export facility. Texas City owns almost 376 acres at Shoal Point, while the Texas General Land Office manages the adjoining 618 acres of state land. The agreement comes as the State of Texas continues to draw international attention following significant new natural gas finds totaling over 90 trillion cubic feet (tcf) in 2016 and as global buyers increasingly seek new, long-term competitive natural gas supplies to support their energy needs. “Now more than ever, the U.S.

29 Oct 2016

India in Global Hunt for LNG

India is scouting for new liquefied natural gas (LNG) contracts globally as part of a push to secure cheap supplies for its under-utilized gas-fired power plants, reports Bloomberg. Australia, Qatar and Iran could all act as potential suppliers of long-term LNG contracts, power minister Piyush Goyal said in Sydney. The global search for LNG comes as India’s gas-fired plants, which can generate nearly 25 gigawatts of power, run at less than a quarter of their capacity because of a shortage of the fuel at affordable prices. “I think gas needs to be between $5 and $5.50 landed at my power plant. That is what I’m looking for in the medium- to long-term,” Goyal said. In fact, a boom in LNG demand and projects is taking shape in India.

16 Nov 2015

Magnolia LNG Receives Final FEIS

Liquefied  Natural  Gas Limited and Magnolia LNG LLC (Magnolia) announced that the United States Federal Energy Regulatory Commission (FERC) issued the Final Environmental Impact Statement (FEIS) for the Magnolia LNG (MLNG) project in Lake Charles, Louisiana, and the associated Kinder Morgan Louisiana Pipeline (KMLP) Lake Charles Expansion Project on 13 November 2015. Issuance of the FEIS represents the culmination of FERC Staff’s environmental and safety review of the proposed MLNG and KMLP projects. In completing the unified FEIS for the two projects, the FERC conducted a comprehensive environmental, safety and security review analyzing publicly available  data…

27 Sep 2014

San Leon Finds Oil in Poland Well

San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, announces that it is spudding the Kety exploration well today, which is the first well of a three-well planned programme in the Karpaty area and Permian Basin in Poland. As announced in August, the Company intends to drill two exploration wells in the Karpaty area and one exploration well in the Permian Basin in Poland during a single campaign using a rig from Exalo Drilling. All three wells are relatively shallow and are in a proven hydrocarbon trend area. Drilling of the first well is expected to be completed by mid-October, with completion and testing planned by the end of October if the well is successful.

04 Apr 2014

Ukraine in "Emergency" Talks Over Gas Imports

Ukraine is in emergency talks with European neighbours on the possibility of importing natural gas from the West, following "political" rises in the price it pays for Russian gas, Prime Minister Arseny Yatseniuk said on Friday. The urgency of securing affordable supplies for Ukraine's struggling economy has grown since Moscow raised its discounted gas tariff for Kiev twice this week, almost doubling it in three days. Relations between Ukraine and Russia have turned hostile since popular protests in Kiev ousted pro-Russian president Viktor Yanukovich in February, after which Russia seized Ukraine's Crimea region and formally annexed it last month. The dispute has widened into the biggest stand-off between Russia and the West since the end of the Cold War.

17 Feb 2004

LNG on OTC Discussion Plan

LNG is the topic of discussion during an OTC General Session and two technical sessions planned during the Offshore Technology Conference (OTC), 3-6 May, at Reliant Center at Reliant Park in Houston. and Account Manager-ChevronTexaco at Technip Offshore. for next generation carriers, and access to existing gas pipeline infrastructure. use land-based mechanical loading arms that have a restrictive envelope of motion," Strong continued. going back 30 years or more. to 1630 (2 to 4:30 p.m.) on Tuesday, 4 May. presentation focuses on the LNG value chain. Energy, outlines the history and projects the future direction of LNG. upstream operations; LNG processing; transportation, regasification, and distribution. LNG.