Lean on MSPremiums again, BC Liberals are too cowardly to raise income taxes on the corporate sector(lowest rate of any province in Canada) so once again the regressive MSP is targeted, Jim Pattison will pay as much for medical service as individuals in struggling middle class families, MSPremiums will now raise almost twice as much money for Government as corporate taxes, and we are the only province to have this separate medical tax.
Tobacco taxes will be increased too, how original, the best and the brightest government finance staff "thunk" up nothing but the "usual" BC Liberal "go to" taxation honey holes....ICBC and BC Hydro are also being tapped for increased dividends
I`ll have more to say on that a little later, for now, Christy Clark`s $trillion dollar LNG fantasy that was going to pay off our recorded provincial debt ($70 billion by 2016) plus pay off crown debt(BC Ferries and BC Hydro $13 billion debt combined) eliminate our sales tax (brings in $5 billion per year in government revenue) ...LNG was to fund hospital and school infrastructure as well as pay for the removal of bridge tolls, and of course, another $100 billion dollars into a "100 $billion Prosperity fund for future generations"...
Christy Clark has also promised revenues for First Nations through LNG receipts, and monies for infrastructure in communities affected by an influx of LNG employees..
Let`s do a little simple math, add up the items all to be paid by LNG royalties according to Christy Clark
Prosperity fund-for future generations--$100 billion
Paying off B.C. provincial debt..... B.C. Debt is set to rise to $70 billion by 2016, provincial recorded debt has been rising by over $2 billion per year despite Government claiming balanced budgets, potentially our debt could continue to rise at that rate, $70 billion dollars now, in 20 years that number could rise to $100 billion+ real easy)
Pay off Crown debts....BC Ferries and BC Hydro combined debt is $16 billion minimum, Site C dam, you can add $13 billion more to that crown debt total if built, $16 billion to $29 billion(not counting IPP energy purchases, add another $60-$80 billion)
Sales tax elimination for 10 years($50 billion in lost revenue for province)-for 20 years, $100 billion
Replacement Bridge cost..Massey, Puttella,...Add in Golden Ears and Port Mann toll removals combined ...Another $10 billion dollars?
Hospital infrastructure, school infrastructure?..Surrey needs many new schools, we need new hospitals for..St Pauls..Kelowna..Burnaby General, ...$10 billion dollars
Monies for First Nations and northern communities(LNG revenue sharing as promised)?
Total value of Christy Clark promises....$200 billion to $370 billion dollars.
BC Liberal`s preliminary LNG taxation framework....
B.C. to have a 1 1/2 % LNG royalty until the big energy companies recoup capital build costs, once all capital build costs are recouped.
Only after build costs are covered does our provincial tax/royalty rate climb from a 1 1 /2 % rate to a 7% provincial royalty rate..
I must say, that is indeed a very competitive royalty taxation rate, too competitive because if one does simple math one soon realizes that under that taxation scenario coming anywhere close to promised revenues is an impossibility.
Until British Columbia starts collecting a 7% tax B.C. is collecting virtually nothing...
1-1/2 % of $1 trillion dollars =$15 billion dollars..or...1-1/2 % of $2 trillion dollars = $30 billion dollars...
7% royalty of $1 trillion dollars in LNG sales = $70 billion....or...7% of $2 trillion dollars in LNG sales = $140 billion dollars..
In other words, after these companies have paid off massive build costs even if 2 $trillion dollars worth of LNG is sold out of British Columbia we will still fall miles short of Christy Clark`s promises, and as I am about to lay out, what Christy Clark promised in revenues is never going to happen..
Energy companies have invested in Australia over $200 billion on LNG export plants...Chevron`s Gorgon plant, a $60 billion build cost, other competing Australian LNG plant build costs have ranged between $30 and $40 billion cost.
To export any substantial amount of LNG out of British Columbia very large facilities will be required, at least 3 trains per plant, add in a pipeline from Kitimat to northeast B.C. and each B.C. LNG export plant will cost $20 to $25 billion minimum each, maybe more..
I have my doubts as to how many LNG Plants will be built in BC, maybe none, maybe 1...maybe 2...Or maybe 3...There will not be 5...or 10 LNG Plants..
Those are some pretty big numbers being tossed around.....What we need to establish is how big is the world LNG market and what is the yearly LNG export dollar value, dollar value now and the dollar value going forward..
Right now Japan is consuming 37% of all exported LNG and is paying the highest world price, Europe is paying 30% less for LNG than is Japan, that as a result of being close to LNG suppliers Russia, Qatar and other producing nations..
Japan, as reported here are doing several things, first off Japan is going to be restarting many of their nuclear plants over the next 6 to 24 months, that will result in Japan using less LNG, Japan is looking to pay far lower prices for LNG, ..Japan has already inked supply deals for LNG from U.S. based Cheniere energy, and other supply deals linked to Henry Hub pricing, prices not linked to oil, this will result in Japan paying lower prices,
Japan is also looking to develop the world`s most plentiful energy source, a source right under Japan`s oceans and seas...Methane hydrates...
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Market Disruptor: Nuclear Restarts Spells Trouble for LNG
There are two major factors that have emerged in the last five years that have sparked a surge in LNG investments. First is the shale gas “revolution” in the United States, which allowed the U.S. to vault to the top spot in the world for natural gas production. This caused prices to crater to below $2 per million Btu (MMBTu) in 2012, down from their 2008 highs above $10/MMBtu. Natural gas became significantly cheaper in the U.S. than nearly everywhere else in the world.
The second major event that opened the floodgates for investment in new LNG capacity is the Fukushima nuclear crisis in Japan. Already the largest importer of LNG in the world before the triple meltdown in March 2011, Japan had to ratchet up LNG imports to make up for the power shortfall when it shut nearly all of its 49 gigawatts of nuclear capacity. In 2012, Japan accounted for 37% of total global LNG demand.
___________
Cheniere will sell 3.5 million tonnes per year of
liquefied natural gas to BG for 20 years from its proposed export plant in
Sabine Pass, Louisiana.
Terminal developers like Cheniere are scrambling to turn their idle
import facilities into export plants to ship U.S. natural gas abroad after
a revolution in shale gas production left the United States with 100 years
of supply.
BG Group, one of the world's biggest LNG players, has access to import
markets across the globe. Anywhere from Japan to Korea to Chile could soon
be importing U.S. gas.
Cheniere will sell the LNG to BG for 115 percent of U.S. benchmark
Henry Hub prices, plus a $2.25 premium.
http://www.reuters.com/article/2011/10/26/lng-cheniere-idUSN1E79P0N120111026
___________
Japan will be starting nuclear plants, have no doubt, only question remaining is how many will start and how soon, pro-nuclear leader Shinzo Abe was just elected as Japan`s supreme leader and just last week a pro-nuclear candidate was elected as head of Japan`s largest city Tokyo..
__________
http://www.theguardian.com/world/2014/feb/09/yoichi-masuzoe-pro-nuclear-wins-tokyo-gubernatorial-election
Pro-nuclear candidate Yoichi Masuzoe wins Tokyo's race for governor
Former health minister, backed by Prime Minister Shinzo Abe, defeats two candidates who promised to end nuclear power
Yoichi Masuzoe, a former health minister backed by Japan's ruling party, won Tokyo's election for governor on Sunday, defeating two candidates who had promised to end nuclear power.
Masuzoe's victory was declared in exit polls on public broadcaster NHK minutes after voting closed. Masuzoe, 65, appeared smiling before cameras and promised to make Tokyo the No 1 city in the world while his supporters shouted "Banzai".
The ballot was widely seen as a test for Japan's public opinion on atomic power in a nation shaken by the Fukushima nuclear disaster. The anti-nuclear camp was divided between two candidates – a former prime minister, Morihiro Hosokawa, and a human rights lawyer, Kenji Utsunomiya.
NHK exit polls gave Masuzoe about 30% of the vote. Hosokawa and Utsunomiya received about 20% each, indicating that if the anti-nuclear vote had been united, a win by either might have been possible. Official vote tallies were not expected until Monday.
Masuzoe was backed by Prime Minister Shinzo Abe, who wants to restart Japan's 50 nuclear reactors, which were closed after the Fukushima disaster. Hosokawa was backed by the former prime minister, Junichiro Koizumi, who is opposed to use of nuclear power.
Masuzoe's victory was declared in exit polls on public broadcaster NHK minutes after voting closed. Masuzoe, 65, appeared smiling before cameras and promised to make Tokyo the No 1 city in the world while his supporters shouted "Banzai".
The ballot was widely seen as a test for Japan's public opinion on atomic power in a nation shaken by the Fukushima nuclear disaster. The anti-nuclear camp was divided between two candidates – a former prime minister, Morihiro Hosokawa, and a human rights lawyer, Kenji Utsunomiya.
NHK exit polls gave Masuzoe about 30% of the vote. Hosokawa and Utsunomiya received about 20% each, indicating that if the anti-nuclear vote had been united, a win by either might have been possible. Official vote tallies were not expected until Monday.
Masuzoe was backed by Prime Minister Shinzo Abe, who wants to restart Japan's 50 nuclear reactors, which were closed after the Fukushima disaster. Hosokawa was backed by the former prime minister, Junichiro Koizumi, who is opposed to use of nuclear power.
Here is what we know, Japan is currently using 37% of all the world`s LNG exports..
We know that Japan will be restarting some or most of their shuttered nuclear plants.
We also know that Japan has inked LNG buying deals at prices lower than in the past.
We know that in the USA a decade ago, energy companies spent $10s of billions building a dozen LNG regasification import plants in anticipation of having to import LNG for domestic supply, then came the natural gas/shale gas/fracking boom, now the USA is awash in natural gas..
These LNG import facilities are being converted to export facilities, saving companies a fortune not having to build LNG export facilities from scratch, this plan will give companies a chance to recoup the 10s of $billions they spent building LNG import plants..
At present there are 21 applications for export facilities in the US..That total does not include several export applications that have already been approved..
I suggest you click this link, you will see that 19 LNG export applications have been approved, as to how many move forward is unknown but be rest assured at least a 1/2 dozen major facilities will be built, or should I say, be converted cheaply from import facilities to export facilities..
http://energy.gov/sites/prod/files/2014/02/f7/Summary%20of%20LNG%20Export%20Applications.pdf
__________
Another major question needing answered, what is the yearly value of the exported LNG market...?
I have had trouble finding that answer, however, we do know that Japan is currently using in a post Fukushima world with all their nuclear plants shuttered(for now) ...37 % of all LNG..
And we know Japan is currently paying the highest LNG prices in the world(for now)...
Let`s do simple math..
Japan spent in the last reporting year on imported LNG ....$69 billion dollars Japan spent in 2013 for imported gas, a 1 year supply, that was for using 37% of the world`s 2013 LNG total..
___________
Japan paid $69 billion for LNG imports in 2013
LNG imports increased 0.2 percent to 4.26 trillion cubic feet of gas last year, the Ministry of Finance said in preliminary trade figures Jan. 27. Japan, the world's top importer of liquefied natural gas, paid a record $68.98 billion last year for LNG, overturning a previous record set in 2012.
http://www.arcticgas.gov/2014/japan-paid-69-billion-lng-imports-2013
___________-
Here is what we know, Japan paid the highest prices for LNG, Japan paid 30% more for LNG than did Europe, we know Japan used 37% of entire LNG market.
We know Japan has inked energy buying deals with Cheniere Energy and others for cheaper priced gas
We know Japan`s LNG consumption is set to fall back as they restart their nuclear facilities..
We know Australia has a massive LNG export industry up and running with additional export capacity coming online in each of the next 5 years, including their newest investment, that being a floating LNG export plant.
We know the USA has facilities being built, approximately 19 projects awaiting final investment decisions and more in the application stage, also, some U.S. proposals have an edge in that they can convert already built but mothballed LNG import facilities to LNG export facilities cheaply compared to building entire operations from scratch, USA also has a more robust, more extensive pipeline grid in place.
So if we extrapolate ...Japan used 37% of all exported LNG last year, Japan paid the highest price, $69 billion US dollars for that 37%.....Let`s double that volume and price, now we know 74% of current LNG volume is worth $138 billion
74% of current LNG exports are at about a $138 billion per year value...Now let us add some cheaper LNG for the last 26%, by cheaper I mean at a cost less than the price Japan pays...Let`s make it $40 billion worth.
For a grand total of yearly LNG sales in $dollars of(roughly).....$178 billion to $190 billion per year in value LNG industry..
7% of $1 trillion dollars in LNG sales is....$70 billion....or...7% of $2 trillion dollars in LNG sales is $140 billion dollars .
It will take LNG companies in British Columbia(if they`re build) at least 5 to 10 years to pay off their build cost...Probably 10 years..
That leaves B.C. with 20 years of collecting a 7% royalty on LNG sales..
Current yearly world LNG sales, with Japan paying top prices for 37% of the volume is currently about a...$170 to $190 billion in annual value industry..
Japan will soon consume less imported gas, Japan soon will be paying lower prices and as we speak China is building LNG liquefication plants for domestic use, using their own fracked gas..
So I don`t see this market rising very fast in raw $dollar value in future years, prices are tightening and there are many unknown variables like nuclear, methane hydrates..
Now to the nuts and bolts of this post..
Even if the LNG export market rises eventually to a yearly $200-$250 billion dollar annual value industry, over 20 years that entire total is 4 $trillion dollars in LNG export value....$200 billion over 20 years equates to a $4 trillion dollar LNG pie
Do the math, British Columbia would have to capture 25% of that entire market to achieve $70 billion in royalties, capture 50% for $140 billion,..To achieve what is bolded below..
A British Columbia 7% royalty/tax on $1 trillion dollars in LNG sales is....$70 billion....or...7% royalty tax on $2 trillion dollars in LNG sales over 20 years is $140 billion dollars , but that would require having 50% market share, British Columbia could deliver at best into the market 5%..10%
5% to 10% of world production levels would reap B.C. in royalties a mere $7.5 to $15 billion over 20 years at the 7% taxation/royalty level.
Besides Qatar, Australia, Papau New Gunea, East Africa, China, Russia, Iran, Israel, USA, and many more LNG countries, proposals for export plants are everywhere, including nearly 25 USA LNG proposals.
I would like to remind you that at present, without British Columbia exporting any LNG, the market is being satisfied, orders being filled..
Christy Clark would have British Columbian`s believe that we with our 1 to or 3 LNG export plants are going to capture 50% of the entire market? A market already served..
Let me say that again....
British Columbia is going to achieve with its... 1....2.....or 3 export plants are going to capture 50% of the world`s entire LNG market? A market currently well-served
Maybe the public, you readers and contributors, and perhaps even the BC Liberal government would be interested in seeing how much competition is actually out there..
There`s no point in waking up our mainstream media from their decade`s long slumber or expecting them to do a little simple math, I can`t see provincial revenues coming anywhere close to promised levels, by 10ths or more
Below is a list of LNG operations, proposals and the like, the list is not complete..
_____________
Export Liquefaction Plant | Latest News |
---|---|
Abadi FLNG | Indonesia’s Energi Mega Persada has divested its 10 percent stake in the Abadi LNG project and upstream component. The project is for a floating liquefaction plant to be located in the Arafura Sea of Indonesia. Based on the divestment, Inpex will continue to act as operator of the project with a 65 percent participating interest while Shell will hold a 35 percent participating interest. Inpex plans to seek support from the Indonesian government and stakeholders for a successful commercial development of the Abadi LNG project, the company said in a statement....Full Article |
Abbot Point Export Terminal | Gasol and Energy World Corp see triple digit year-to-date growth on the promise of their LNG export projects....Full Article |
ADGAS | Despite the fact that Abu Dhabi National Oil Company (ADNOC) aims to boost gas output from its offshore fields by 1 billion cubic feet (28.3 million cubic meters) per day by 2013, the country does not plan to raise LNG export volumes. Hasan Al Marzooqi, deputy general manager of Abu Dhabi Gas Liquefaction Ltd., said on Feb. 3, 2009, that there are no plans for additional LNG trains in Abu Dhabi. In late December, the national company signed an agreement with South Korea’s Hyundai Heavy Industries for the engineering, procurement and construction of a $1 billion integrated gas development plant on Das Island, but all of the gas is earmarked for domestic markets. According to BP estimates, the UAE holds the world’s fifth-largest gas reserves. However, the country depends on imports from Qatar to fuel power generation and supply domestic industry....Full Article |
African LNG | According to Gasol, AfLNG’s portfolio is comprised of multiple land-based and floating LNG opportunities in the Gulf of Guinea region which have the potential to underpin Gasol’s objective of liquefying and selling 5 million tonnes of LNG within five years. Gasol has negotiated an additional discount of 5% to the independently assessed price of the Option Shares and has agreed to continue to provide £50,000 ($98,000) a month to the working capital of AfLNG during the extension period. |
AGL Newcastle | AGL Energy is planning to invest near A$300 million (US$297 million) on the project that would be located in Newcastle, and would include a liquefaction plant, an LNG tank and regasification units to be able to regasify about 2,185 tonnes per day by 2014....Full Article |
Alaska LNG | Russia’s Rosneft announced plans for a joint LNG export project with ExxonMobil in Alaska, The Moscow Times. The potential project would export LNG to the Asia-Pacific region. In February, Rosneft received an option on a 25 percent interest in gas assets at Point Thompson, which includes development of remote natural gas and condensate fields on Alaska’s North Slope. ...Full Article |
Alaska South Central LNG Project | ExxonMobil, BP, ConocoPhillips and TransCanada have selected a site in the Nikiski area on the Kenai Peninsula as the lead site for the proposed Alaska LNG project's natural gas liquefaction plant and terminal. More than 20 locations were evaluated based on conditions related to the environment, socioeconomics, cost, and other project and technical issues....Full Article |
Alice Springs LNG | Energy World Corporation Limited is working on a much larger LNG project at Sengkang, Sulawesi (see related profile in this section). According to the company's 2007 annual report, the operation of the Alice Springs' plant has confirmed the feasibility of LNG as an alternative liquid fuel and demonstrates that Australian engineering and construction skills can develop new and innovative opportunities even in the hostile central Australian environment. By operating a remote LNG facility located at Alice Springs and transporting LNG to a remote power station located in Yulara for more than a decade, the Company has developed a proven track record in converting natural gas to LNG and transporting LNG to remote power stations. The Company has also demonstrated that it is capable of storing LNG at cryogenic temperatures before converting the LNG back to combustible material for fueling power generating equipment. |
Altamira LNG Export Terminal | Production at the Eagle Ford shale play is bigger than experts predicted last year, fuelfix.com reported March 2. Development is moving so quickly that it’s difficult to get a handle on the growth, attendees were told at the recent Eagle Ford Consortium conference in San Antonio, Texas. The U.S Energy Information Administration (EIA) has increased its estimate of technically recoverable shale gas resources by 134 percent. “This is a welcome change because as little as 10 years ago, analysts and politicians said that the United States could not drill its way out of a natural gas shortage,” the EIA said. Shale gas production is expected to grow five fold to 12.3 tcf by 2035, up from 2.3 tcf in 2008, which was approximately 11 percent of the U.S. gas market....Full Article |
Angola LNG | Angola has begun commercial operations at the long-delayed Angola LNG project with the first cargo expected to be exported later this month, Reuters reported. The plant has been delayed 18 months due to technical difficulties. The project suffered a setback in April after a fire occurred just hours before first production was expected to commence. The first shipment has already been sold and is expected to be delivered by state-run Sonangol to either Brazil or Portugal. “Angola will produce the first and probably a second cargo before a shutdown for routine inspection,” a trade source said. “Official start is due to be early to mid-August,” he added. Chevron operates the project with a 36.4 percent stake, while Sonangol holds 22.8 percent. Total, BP and Eni are the other stakeholders, each with a 13.6 percent stake....Full Article |
Annova LNG | |
Applied Natural Gas Fuels LNG Plant in Midlothian, TX | Applied Natural Gas Fuels, Inc. (ANGF) announced its plans to build a multi-liquefier LNG production platform in Midlothian, Texas. The platform will consist of up to five liquefiers with a production capacity of 86,000 LNG gallons per day per liquefier and a total on-site storage of 1.5 million LNG gallons. ANGF has already secured the land and has begun the permitting process....Full Article |
Applied Natural Gas Fuels LNG Plant in Topock, AZ | Applied Natural Gas Fuels, Inc. (ANGF) announced its plans to build a multi-liquefier LNG production platform in Midlothian, Texas. The platform will consist of up to five liquefiers with a production capacity of 86,000 LNG gallons per day per liquefier and a total on-site storage of 1.5 million LNG gallons. ANGF has already secured the land and has begun the permitting process....Full Article |
Arrow Energy LNG | Shell's US$10 billion Arrow LNG project in Australia will not be moving forward any time soon, according to a report in the Gladstone Observer. Shell confirmed that it will not be developing the export site any time in 2014, but said that it will remain a possibility moving forward....Full Article |
Arun LNG Plant | Pertamina has begun retrofitting Arun LNG at the northern end of Sumatra, Indonesia, into a receiving terminal. Construction is expected to be complete in 2014. The commissioning process will then take around three months. By end 2014, the facility is expected to operate commercially. The Arun LNG regasification terminal and hub project is seen as a necessity because the export plant will stop operations in 2014 as its upstream gas supply depletes. The last sales contracts of the Arun LNG export facility expire in 2014. Meanwhile, the domestic gas demand in the region is expected to reach 420 MMcf/d by 2020. ...Full Article |
Atlantic LNG | ...Full Article |
Aurora LNG | China National Offshore Oil Corporation (CNOOC) has announced that its wholly-owned subsidiary, Calgary-based Nexen Energy, has secured exclusive rights from the government of British Columbia to a portion of land in order to study the viability of an LNG export plant, the Financial Post reports. The proposed terminal, which is being referred to as Aurora LNG, would be situated at Grassy Point, near Prince Rupert, British Columbia. CNOOC would own 60 percent of the terminal, with joint venture partners INPEX Corporation and JGC Corporation owning the remaining 40 percent combined....Full Article |
Australia Pacific LNG | According to a Bloomberg report, ConocoPhillips and Santos have reached an agreement to share pipeline and exchange gas in an effort to cut costs. The agreement between the two companies is for their respective LNG plants in Queensland, Australia, which together are expected to cost upwards of US$40 billion in capital investment. The arrangement allows the two projects to proceed without the need to build an additional nearly 90 miles of pipelines as well as connection points to move the gas to plants on Curtis Island....Full Article |
Baltic LNG | ...Full Article |
Bazhong LNG | The new plant will serve China’s rapidly growing demand for locally produced LNG to serve both transportation and industrial markets nation-wide. ...Full Article |
Bazhou LNG | The Hebei Huaqi Natural Gas Company Limited has announced the commencement of production from their Bazhou LNG liquefaction plant located South of Beijing. Specification LNG was produced March 26th, 2013, within one day of the first cool down of the unit. The facility was designed and constructed by the alliance of Chemtex / Black & Veatch. Black & Veatch used the PRICO single mixed-refrigerant process. Detailed engineering, equipment procurement, and construction management were provided by Chemtex. The plant is designed to liquefy a nominal 1 mmNm³/day (37 MMSCFD) of feed gas to provide LNG for transportation fuel in the Beijing area. Additionally, a 20,000 cubic meter storage and loading system was designed, supplied and commissioned by Chemtex....Full Article |
Berbera LNG | |
Bonaparte LNG | The Bonaparte floating LNG facility off northern Australia is now expected online in 2019, a year later than previously announced, Platts reported, citing the project’s general manager. The project is 60 percent owned and operated by GDF Suez, with Santos holding the remaining 40 percent. The partners are expected to move to the front-end engineering and design phase of the project in the first quarter of 2014. A final investment decision is targeted by mid-2015. The project is designed to produce around 2.4 million tonnes per year of LNG from the Petrel, Tern and Frigate gas field. Although the companies have not released a capital cost estimated, they estimate the project will contribute US$42 billion to Australia’s gross domestic product over its 25-year life and generate US$12 billion in tax revenue. Bonaparte would be Australia’s second FLNG facility after the Prelude FLNG facility comes online in 2017....Full Article |
Bowerman Liquefied Landfill Gas | Prometheus Energy Co.’s landfill-gas-to-LNG production facility located at the Frank R. Bowerman Landfill in Irvine, CA, met and exceeded design capacity targets. According to the company, the plant is currently running at over 70% of the design capacity of 5,000 gallons per day and exceeded design capacity for a number of periods. ...Full Article |
BP Chocolate Bayou Olefins Plant | Limited expansion interest |
Brass LNG | Nigeria LNG Limited (NLNG) is aiming to increase its share of global LNG exports with a capacity expansion but is being plagued by continued delays, according to Business Day. The current six-train facility at Nigeria LNG has a capacity of about 22 million tonnes per year; the seventh train, which is still awaiting FID, would bring the capacity to 30 million tonnes. FID for the 10 million tonnes per year Brass LNG plant also did not happen in the first half of 2013, as planned....Full Article |
Brazil FLNG | Petrobras will decide whether to use LNG export vessels to help commercialize the natural gas reserves found in the Santos basin offshore Brazil, during the first quarter of 2012, according to news sources. In July, the Brazilian company said it would not install a floating LNG unit for the BM-S-9 and BM-S-11 blocks, home to the Lula and Guara fields, as originally planned. It would use a pipeline to move the gas to onshore terminals. ...Full Article |
Brighton LNG | Gasfin Development SA announced June 7 that it has signed an agreement with the National Energy Corporation of Trinidad and Tobago (NEC) to develop a mid-scale liquefaction plant in Trinidad capable of producing 500,000 tonnes of LNG per year. The facility, to be constructed at Brighton Port, La Brea, will facilitate the long-term supply of natural gas to customers in the Caribbean. NEC and Gasfin will study the project’s feasibility before submitting a formal gas-allocation request to the government later this year....Full Article |
Brownsville Terminal | Gulf Coast LNG has requested long-term authorization from the U.S. Department of Energy (DOE) to export up to 2.8 billion cubic feet (bcf) of LNG per day for over a 25-year period. In their Jan. 10, 2012 application, the company proposes to export LNG from a liquefaction facility to be built at the port of Brownsville, Texas to countries with which the United States does not prohibit trade by law or policy. The Brownsville Terminal is expected to consist of four trains capable of liquefying some 2.8 bcf of natural gas per day. The company is hoping to begin exports in 2018. If approved, Gulf Coast LNG intends to submit an application to the Federal Energy Regulatory Commission for the construction of the Brownsville-based facilities within 180 days....Full Article |
Browse LNG | Woodside announced that the Browse joint venture participants have selected the use of floating LNG technology as the development concept to commercialize the three Browse Basin gas fields off Australia. This concept involves using Shell’s FLNG technology and Woodside’s offshore development expertise for the Browse LNG Development. The Browse Joint Venture participants have agreed to progress Basis of Design (BOD) work in relation to the selected development concept. The BOD phase will determine the major design parameters for Front End Engineering and Design (FEED) of the proposed subsea and FLNG facilities and associated infrastructure. FEED is expected to commence in 2014....Full Article |
Brunei LNG | Shell has signed a deal with Brunei LNG to buy 800,000 tonnes of LNG per year for 10 years, Reuters reported. Brunei LNG is owned by the Government of Brunei (50 percent), Shell Overseas Trading Limited (25 percent) and Mitsubishi Corporation (25 percent). Brunei LNG operates five LNG trains and produces 6.71 million tonnes of LNG per year....Full Article |
Buquebus LNG | The new facility aims to deliver company’s products worldwide within 48 hours....Full Article |
Cambridge FLNG | Excelerate
Energy is planning a 3 million tonne per year (mt/y) offshore floating LNG
(FLNG) production plant,
ICISHeren reported March 9. The offshore plant would liquefy
approximately 500 million cubic feet (14.2 million cubic meters) of pipeline gas
to ship it to markets overseas, said CEO Rob Bryngelson at a conference in
Houston, TX. The CEO declined to give the project’s proposed location. The
US$1.7-billion vessel, with a storage capacity of 250,000 liquid cubic meters,
would start production in late 2016 or early 2017. ...Full Article |
Cameron LNG Export | Cameron
LNG, a subsidiary of Sempra Energy, has received conditional authorization from the Department of Energy (DOE) to export LNG to non-free trade
agreement (FTA) nations. The project is still subject to final environmental and
regulatory approvals, but the authorization grants the Hackberry, Louisiana
project the ability to export 12 million tonnes annually, or 1.7 billion cubic
feet per day (bcf/d). The authorization is for 20 years of exports commencing on
the date of the first shipment. ...Full Article |
Cameroon LNG | Perenco plans to supply gas to the GDF Suez-led Cameroon LNG Project, Bloomberg reported April 7. The companies are in discussions concerning fuel pricing. Perenco will need to drill exploration wells, proving 2 tcf of gas reserves. Perenco plans to complete its acquisitions of Total's assets in Cameroon in April. "We are going to be the first player to produce and sell gas in Cameroon," said Didier Lechartier, deputy head of business development at Perenco. "Perenco will develop an exploration program if it has a clear positive sign as to what the gas price is going to be," he added. GDF Suez along with Societe National des Hydrocarbures are in talks with Shell, Sinopec, Noble Energy and BowLeven to secure gas supplies for the Cameroon LNG Project. ...Full Article |
Canaport LNG Export | Five LNG export ventures are planned for Canada’s Pacific coast. Two of them have secured 20-year gas export licenses, Reuters reported, citing an interview by Natural Resources Minister Joe Oliver. Yet, none have fully sanctioned a project. Customers willing to tie contracts to Japan's Crude Cocktail index are scarce. They are aware that gas produced in Alberta and injected into TransCanada Corp’s pipeline network is currently fetching just above ten year lows. Meanwhile, GAIL India, Ltd. and OVL have announced interests....Full Article |
Cavalier LNG | The existing gas plant has had a small-scale liquefaction train added to it to supply fuel customers in Alberta....Full Article |
Central Sulawesi LNG Project | According to LNG Limited's Dec. 11 report, the company is trying to reach agreement with Pertamina / Medco to develop the Central Sulawest LNG Plant. They are trying to negotiate gas-sales heads of agreement with Pertamina and Medc. and they are trying to win gas-price approval from BPMIGAS . |
Chinchilla LNG | The plant will use coal seam gas as a feedstock....Full Article |
Clean Energy Fuels Boron, California Plant | The project will be the first one developed by Eagle LNG Partners. ...Full Article |
Clean Energy Fuels Jacksonville, Florida Plant | Traditional efforts to supply LNG fuel to marine vessels have been dominated by stop-gap methods like truck refueling. But for LNG to emerge as a legitimate fuel source for many marine operators, large-scale sources of fuel supply must emerge. In this analysis, Zeus will assess current LNG bunkering plans world-wide, and draw conclusions on the market as it stands today. ...Full Article |
CNPC Hua You Ansai LNG Plant | The CNPC LNG plant in Shanxi province will provide LNG fuel for fueling stations and other customers in the market as well as delivering LNG fuel via inland ships. ...Full Article |
Colombia LNG Export | Electric power generators EPM, Colinversiones, and ISAGEN, are planning a US$350 million LNG regasification facility on Columbia’s Pacific Coast to take advantage of their close proximity to liquefaction plants in Peru, Platts reported March 5, citing a top industry official. The regulators are mulling the terminal in response to a December 2010 report by Colombia’s Regulatory Commission for Energy and Gas warning of an upcoming gas shortage. However, the country’s natural gas industry association, NaturGas, disagrees and claims that Colombia has at least seven years worth of gas, a timeline that could easily be extended as producers improve recovery methods. ...Full Article |
Corpus Christi Export | ...Full Article |
Cuba LNG | China National Petroleum Corporation will begin the expansion project, valued at near US$6 billion, of Cuba’s Cienfuegos refinery, including an increase of the capacity from 65,000 barrels to 150,000 barrels per day, but also for the construction of a 2 million tonne per annum LNG terminal and a 150 MW generation plant....Full Article |
Cyprus LNG Export | Media reports out of Cyprus indicate that the proposed plant for the island’s southern coast is facing delays, according to Globes. The Cypriot government denies the delays, saying that the only difficulties in the talks have arisen out of the government’s stake in the project. Cyprus has recently expressed interest in becoming a major player on the world LNG stage by 2020, something the country hopes to make possible by importing nearby gas from Israel. The current known gas reserves that Cyprus owns are not enough to justify its own LNG plant, which has forced the island nation to look to its neighbors to meet its needs....Full Article |
Darwin LNG | ConocoPhillips is looking into feeding an expansion of its 3.5-million-tonne-per-year Darwin LNG plant with gas from the Browse Basin off Western Australia, Platts reported. ConocoPhillips has been exploring in the Browse Basin in recent years. The company holds a 57.2 percent stake in Darwin LNG, which began operations in 2006, processing gas from the Bayu-Undan offshore field. The other stakeholders are Santos (11.4 percent) Inpex (11.3 percent), Eni (11 percent) and Japanese term LNG customers Tokyo Electric Power Company and Tokyo Gas (9.2 percent, combined). ...Full Article |
Dazhou Huixin Energy LNG | Black & Veatch announced on July 21 that the Dazhou LNG plant, which features the company’s PRICO refrigeration process, recently achieved full capacity operation just four days after initial start up began. ...Full Article |
Delfin FLNG | Delfin LLC has applied for a permit with the Department of Energy (DOE) to export 1.8 bcf/day from its planned floating liquefaction project in the Gulf of Mexico. The permit is to export LNG only to countries with which the U.S. has free trade agreements (FTA). About two dozen such permits have been issued by DOE to date, with several more pending approval....Full Article |
Delta Caribe Oriental LNG | According to a letter of intent signed by Iran and Venezuela, the National Iranian Oil Company (NIOC) will transfer 10 percent of its interest in Iran’s LNG Company to the Venezuelan National Oil Company in return for a grant to Iran’s LNG Company of 20 percent in the Delta Caribe project. An Oct. 24 ISNA report stated that Iranian engineers will carry out the FEED phase of the Venezuelan Delta Caribe Oriental LNG project which has been proposed for eight years. At last report, the project has planned capacity of about 5.4 million tonnes per annum....Full Article |
Discovery LNG | Quicksilver Resources states that it is “serious” about realizing its Discovery LNG export project in British Columbia, Campbell River Mirror reported. Quicksilver bought a site in Elk Falls from Catalyst Paper for US$8.6 million in May. The company views this as an ideal location, with a deepwater port, is a brownfield site, has multiple ways to get the gas to the area, and has an educated local workforce. The company owns about 129,000 acres of shale gas properties in the Horn River Basin in northeastern British Columbia. The company also holds 410,000 acres in Alberta. The company is eager to find markets for its Horn River gas, most likely Japan, South Korea, and China....Full Article |
Djibouti | [August 2012] PetroTrans facility scrapped due to a contractual dispute, Bloomberg reports that Ethiopia may develop gas fields by itself. The government will also consider joint ventures and other options, she said. |
Dominion Cove Point Export | Sumitomo has announced the establishment of a joint venture between its subsidiary and a subsidiary of Tokyo Gas. The JV will carry out the liquefaction process at Dominion's Cove Point LNG project. Pacific Summit Energy, a Sumitomo subsidiary, will procure upstream gas and transfer the gas to the ST Cove Point JV, which is the tolling customer at Cove Point. After liquefaction, ST Cove Point will distribute 1.4 million tonnes annually to a Tokyo Gas subsidiary and 0.9 million tonnes annually to Sumitomo, of which 0.8 million tonnes will go to Kansai Electric Power....Full Article |
Donggi-Senoro LNG | PT Donggi-Senoro LNG, the owner of the Donggi-Senoro facility on Sulawesi island in Indonesia, has said it will wait for new natural gas discoveries before considering any plant expansion, according to Hydrocarbon Processing. The country’s fourth LNG export plant, Donggi-Senoro is set to bring its two million tonnes per year capacity online and begin shipping by 2015. The company believes that new upstream discoveries need to be made before further expansion of the facility is considered. The plant is the first in the country to be developed independent of upstream feedgas projects. ...Full Article |
Douglas Channel LNG Barge | Exmar has signed an agreement with LNG Partners and LNG BargeCo BVBA for the long-term charter of a Floating Liquefaction & Storage Unit (FLSU) to serve the BC LNG Project near Kitimat, British Columbia. The two companies have invested in a joint venture company appropriately named Marching Prospect Limited. The new company will acquire interests in the BC LNG Project upstream of the FSLU....Full Article |
Ecogas Fort Bend LFG Plant | Plant equipment was purchased by Spectrum Energy Solutions for transfer to Ehrenberg, Arizona |
EGLNG-R | Ophir Energy is studying plans to build a second LNG export plant in Equatorial Guinea, Bloomberg reported. The company has discovered a total of 7 tcf of gas resources in its Block R, according to CEO Nick Cooper. The company plans to build a 140 kilometer pipeline to bring the fuel to Bioko Island at Punta Europa. The pipeline will potentially feed a plant producing 3.7 mtpa of LNG. “The company is now targeting a full train of LNG exports with support from the government for a fast track development,” Ophir Energy said in a statement. Ophir plans to make a final investment decision on its plant in 2014 with first gas expected as soon as 2017, Cooper said....Full Article |
Egyptian LNG | Qatar will supply five cargos of LNG to Egypt’s LNG customers to help Egypt cope with its energy demands, Reuters reported. Instead of exporting its gas as LNG, Egypt will use it to supply domestic energy demand through the hot summer months. Qatar will make up the cargos. Egypt typically faces frequent power shortages in summer. The first of the Qatar shipments will be delivered at the end of July and continue until mid-September. Egypt does not currently have the infrastructure to import LNG, making the swap deal the country’s only alternative. At current prices, the Qatari cargos would fetch about US$320 million on the open LNG spot market, according to the report....Full Article |
Elba Island LNG Export | El
Paso Pipeline Partners LP, which is a Kinder
Morgan subsidiary, and a Shell
subsidiary will move ahead with a US$500 million expansion plan for the Elba
Island LNG export terminal, the Wall Street Journal reports. The
first phase of the the project was announced in January and dealt with
converting the existing import terminal into a bidirectional facility. This
second phase, which will bring the project's total price tag to US$1.5 billion,
will allow the plan to process up to 350 million cubic feet of gas daily.
The facility received approval from the Department of Energy in 2012 to export to countries with which the U.S. has free trade agreements. The first phase will come online in 2016 or 2017 with the initial liquefaction capacity of 210 million cubic feet a day. ...Full Article |
Emirates LNG | ...Full Article |
EnergÃa Costa Azul Export | In the last issue, we examined the prospect that Mexico would become an LNG exporter, given its access to the North American gas grid. With U.S. regulators slowing down export permits, the North American Free Trade Agreement and 15 cross-border pipelines, Mexico has ample access to U.S. shale gas. Indeed, Mexico’s U.S. gas imports rose in 2011 by 50 percent....Full Article |
Equatorial Guinea LNG | Ophir Energy Plc. announced Jan. 17 that it continues to work towards a favorable final investment decision (FID) on a second liquefaction train at the Marathon Oil Corporation-operated Equatorial Guinea LNG export facility on Bioko Island. Ophir, GEPetrol and the government of Equatorial Guinea are hoping to “demonstrate a clear route to commercializing gas discoveries in the country,” Ophir CEO, Nick Cooper said. One option being reviewed by the partners would result in a favorable FID by yearend with first LNG from the new train slated in 2018. However, a second train has been proposed to no avail since the first train was completed in 2007. Ophir's newest proposal has annual capacity of approximately 4.4 million tonnes. The company recently announced plans to fast-track the exploration and development of its Block R offshore Equatorial Guinea. EGLNG is owned by Marathon Oil Corporation(60.00 percent), Mitsui & Co., Ltd. (8.50 percent), Marubeni Corporation (6.50 percent) and state-owned Sociedad Nacional de Gas de Guinea Ecuatorial (25.00 percent). ...Full Article |
Erdos Huaqing Energy LNG Plant in Inner Mongolia | The plant will primarily supply LNG for trucks. ...Full Article |
Excelerate FLNG | Excelerate Energy has filed an application with the Federal Energy Regulatory Commission (FERC) to build and operate two floating liquefaction, storage, and offloading units (FLSO), according to LNG World News. The export facilities are to be located in Port Lavaca, Texas, and will have a peak production capacity of up to 5 million tonnes annually per unit. The construction will be completed in two phases, with each phase consisting of the building of one unit....Full Article |
Exxon Shute Creek NRU | The study focuses on the possibility of constructing LNG plants in the state. ...Full Article |
ExxonMobil PNG LNG | ExxonMobil has secured an additional US$1.5 billion in debt financing for its US$19 billion Papua New Guinea LNG project, Reuters reported. The project will help cover cost overruns at the plant, which is now well advanced in construction. Project costs climbed from US$15.7 billion from just last year. Despite the increased costs the project is still on track to deliver its first LNG in 2014, according to project partner Oil Search. The 6.9 million tonne per annum project would be the country’s biggest-ever resources development and is projected to significantly lift its GDP. Partners in the development include ExxonMobil (operator), Oil Search, National Petroleum Company Papua New Guinea, Santos, JX Nippon Oil & Gas Exploration, Papua New Guinea’s Mineral Resources Development Company and Petromin PNG Holdings Limited....Full Article |
Fairbanks Natural Gas LNG Plant 1 | |
Far East LNG Project | ...Full Article |
Ferus/Encana Grand Prarie | Construction will begin this summer, with the plant set to come online in early 2014....Full Article |
Ferus/ENN Edmonton | Both Canadian facilities will serve on- and off-road customers....Full Article |
Ferus/ENN Vancouver | Both Canadian facilities will serve on- and off-road customers....Full Article |
Fisherman's Landing LNG | LNG Limited's Fisherman's Landing LNG facility on Curtis Island in Australia is having trouble finding a gas supply, the Gladstone Observer reports. Managing Director Maurice Brand says recent buying by rival liquefaction plants on the island has made it difficult for LNG Limited to develop its 3.8 million tonnes per year (mtpy) facility, which is small in comparison to the other projects that range from 7.8-9 mtpy....Full Article |
Flex LNG Australasia FPSO | On Oct. 18, 2007, FLEX LNG LTD. (Oslo OTC: FLNG) announced the order of one additional 90,000 m3 SPB LNG vessel from Samsung Heavy Industries (SHI). This was the 3rd vessel ordered by FLEX LNG LTD in 2007 and is of identical design and incorporates the same flexibility and optionality as the two first orders signed on 14 March 2007. The vessel is scheduled to be on station, producing LNG in Q4 2011. |
Flex LNG/Mitsubishi/Peak Petroleum Nigeria FPSO | Dresser-Rand stated Jan.6, during a presentation at the Pritchard Capital Partners Energize Conference, that it expects that floating LNG will be a growing market for the company given that FLNG has what the company believes to be a better risk profile....Full Article |
Flint Hills/GVEA Prudhoe Bay LNG Merchant Plant | Golden Valley Electric Association and Flint Hills Resources Alaska announced on August 4 that they have commenced engineering of an LNG merchant plant on Alaska’s North Slope. The two have signed a memorandum of understanding to exclusively negotiate agreements to construct and operate a facility that would enable LNG to be trucked south by 1Q2014....Full Article |
FNG/ExxonMobil Prudhoe Bay Merchant LNG | On July 14, a member of the Fairbanks North Star Borough Assembly drafted an ordinance requiring a public vote on the plan to truck liquefied natural gas from the North Slope to Fairbanks, according to a report by the Anchorage Daily News, ...Full Article |
Fort Nelson LNG | ...Full Article |
Freeport LNG Export | ...Full Article |
Gablingen Pilot Plant | Pilot plant is dependent on growing interest in LNG-powered vehicles. Fewer accounts of new LNGV projects have been coming from Europe, so this plant may be at risk of closure. |
Galveston LNG | The plant will consist of one to three modular trains with capacities of between 0.7 and 1.3 million metric tons each and start up in 2013. |
Gasfin Development | The Office of Fossil Energy gives notice of receipt of an application filed on January 11, 2013, by Gasfin Development USA, LLC requesting long-term authorization to export domestically produced liquefied natural gas (LNG) from a proposed mid-scale natural gas liquefaction and LNG export terminal to be located along the Calcasieu River in Cameron Parish, Louisiana. Gasfin seeks to export LNG to any nation with which the United States currently has, or in the future may enter into, a Free Trade Agreement requiring national treatment for trade in natural gas, and which has or in the future develops the capacity to import LNG via ocean-going carrier. Gasfin requests authorization to export up to 74 Bcf per year of natural gas in the form of LNG (or 0.2 Bcf per day), which is equivalent to approximately 1.5 million metric tonnes per annum of LNG. Gasfin seeks authorization to export LNG over a 25-year period commencing on the earlier of the date of first export or seven years from the date the requested authorization is granted. Order 3253 was issued on 03/07/13. |
Gasnor Karmøy | Norway’s Gasnor announced that it will supply LNG to four supply ships operating for Statoil Petroleum. It owns and operates small-scale liquefaction plants at Karmoy and Kollsnes. Volumes between 10,000 and 12,000 tonnes per year will be delivered for two years. The award increases the number of ships supplied by Gasnor to 24. An award contains option to extend supplies for up to another four years. ...Full Article |
Gasnor Kollsnes I & II | Norway’s Gasnor announced that it will supply LNG to four supply ships operating for Statoil Petroleum. It owns and operates small-scale liquefaction plants at Karmoy and Kollsnes. Volumes between 10,000 and 12,000 tonnes per year will be delivered for two years. The award increases the number of ships supplied by Gasnor to 24. An award contains option to extend supplies for up to another four years. ...Full Article |
Gazprom Smolensk | Gazprom plans to build a medium-scale LNG production project in the Kholm-Zhirkovsky District of the Smolensk region in Western Russia, Downstream Today reported. The project, at a capacity of 150,000 tonnes per annum (250,000 gallons per day), would be the largest plant of its type in the central part of Russia. ...Full Article |
Georgia LNG | AGRI LNG Project Company SRL, the project company for the AGRI Project, and Oil and Gas engineering group Penspen Ltd. have announced the signing of the contract to undertake a Feasibility Study for the Azerbaijan-Georgia-Romania- Hungary Natural Gas Interconnector Project (AGRI) as a result of international tender conducted by AGRI LNG SRL....Full Article |
GL1K Skikda | Algeria is due to begin producing LNG from two new trains beginning in 2012, Reuters reported Oct. 25. "Sonatrach has launched two trains to produce LNG: A unit in Skikda with an estimated output of 5.4 million tonnes per year. It will be ready in 2012. We [also] have a second unit in Arzew with 7.4 million tonnes per year. It will be ready in 2013," Sonatrach CEO Nourredine Cherouati said....Full Article |
GL1Z Bethioua | As the first major exporter of LNG, Algeria finds itself in a somewhat compromising position. While other countries have aggressively pushed LNG plant development, Algeria finds itself now having to catch up to other industry players....Full Article |
GL2Z Bethioua | Revamping by M.W. Kellogg fininshed in December 1995. |
GL4Z Camel | Restored 1999. EPC: Technip; Renovations by Safir |
Gladstone LNG | ...Full Article |
GNL 3Z | Algeria is due to begin producing LNG from two new trains beginning in 2012, Reuters reported Oct. 25. "Sonatrach has launched two trains to produce LNG: A unit in Skikda with an estimated output of 5.4 million tonnes per year. It will be ready in 2012. We [also] have a second unit in Arzew with 7.4 million tonnes per year. It will be ready in 2013," Sonatrach CEO Nourredine Cherouati said....Full Article |
Goldboro LNG | Pieridae Energy has entered into a long-term sales agreement with Germany’s E.ON for the purchase of LNG from the Goldboro LNG project in Nova Scotia, Canada. Under the agreement, Pieridae will deliver approximately 5 MTPA of LNG to E.ON for 20 years into a number of locations in Western Europe. The agreement provides the economic security to complete the first process development of the Goldboro LNG terminal, Pieridae Energy said. LNG pricing in the agreement is based on market prices of natural gas in the Western European market....Full Article |
Golden Pass Export | ExxonMobil and Qatar Petroleum have finalized an agreement to ship LNG to Britain from the proposed Golden Pass LNG plant in Texas, Reuters reported. The companies would send up to 15.6 million tonnes per annum to their South Hook terminal in Wales from the Golden Pass plant, pending U.S. government approval. The new supply stream will help the UKcontinue to offset declining production. ...Full Article |
Golden Valley Electric Association LNG | Golden Valley Electric Association intends to pursue construction of a US$200 million LNG project on the North Slope of Alaska, Alaska Journal of Commerce reported. The proposed project would make LNG in a plant built near Prudhoe Bay. The LNG would be trucked down the Dalton Highway to Faibanks, 400 miles south of the North Slope oilfields. If the plant were built and operating at full capacity it would supply 9 billion cubic feet of gas per year, enough to fill 44 tank trucks per day. Golden Valley has spent US$3 million so far on engineering studies. Golden Valley has requested that the state contribute up to US$200 million of the project cost. BP would supply natural gas to the plant. An engineering firm has estimated the cost of the LNG plant on the Slope at US$245 million, but Golden Valley believes this can be reduced....Full Article |
Golmud LNG Merchant Plant | Kunlun Energy Company Limited announced on Dec. 14 that its merchant LNG plant in Golmud, Qinghai province, China has commenced production. The RMB225-million (US$35.44-million) Golmud LNG project is designed to produce approximately 350,000 liquid cubic meters (152,000 tonnes) of LNG annually. Construction began in March 2011....Full Article |
Gorgon LNG | In the company's quarterly earnings call, Chevron chief executive John Watson addressed the company's LNG projects in Australia. Watson expects 2014 to "represent the peak year for LNG spend as our two Australian LNG projects move closer to production." Watson spoke of the three-train Gorgon LNG project in particular, addressing the concerns surrounding Australian labor. The company has completed about 75 percent of the spend on Gorgon and despite an increased portion of the remaining cost going to local labor, Watson is confident in the Australian dollar exchange rate and believes the company is well hedged in that respect....Full Article |
Greater Sunrise | Australia expects a decision on the Timor Sea LNG project to come within a year, Reuters reported. Australia’s resources minister, Martin Ferguson, said that Australia expects East Timor to honor a treaty between the two countries to develop the gas. The development has been delayed as Australia looks to build an offshore terminal in the Timor Sea, while East Timor looks to build an onshore terminal in East Timor. “Clearly we’re looking to move toward some decisions over the next 12 months or so,” Ferguson said. Either of the terminal plans would be based on receiving gas from the Greater Sunrise gas field....Full Article |
Green LNG | On Aug. 12, OGX Petróleo e Gás, which claims to be responsible for the largest private-sector exploratory oil and gas campaign in Brazil, said that it may have doubled Brazil’s gas reserves with onshore discoveries in the Parnaiba Basin, located in the northeast of Brazil (see map). ...Full Article |
Guang'an LNG Project | |
Guangyuan LNG Project | |
Gulf LNG Export | Kinder Morgan, the operator of the Gulf LNG terminal in Pascagoula, Mississippi, is pursuing approval from the Department of Energy to export LNG to countries with which the U.S. does not have free trade agreements, the Shreveport Times reported. Kinder Morgan’s board approved a resolution calling on the DOE to expedite the licensing and approval process for export facilities, with the company’s Vice President Norman Holmes saying that such approval could stimulate up to $8 billion in investment in the facility. The terminal was initially built as an import facility with $1 billion in investor funds....Full Article |
Gulf Province | Papua New Guinea has approved InterOil’s LNG development project in the Gulf Province. The decision clears the way to build the plant with a capacity of 3.8 million tonnes per annum. The decision also approves the acquisition of an additional 27.5 percent equity interest in the Elk/Antelope gas fields. The state needs to take its entitlement to use in domestic power generation and natural gas related industries, providing a boost to the country’s growth and prosperity, the report said. Now that the Government’s position has been clarified, Interoil may now be able to conclude an agreement for a sale of interest in the Elk and Antelope fields and the first LNG train at the Gulf LNG project in the companies. Reportedly, major oil companies, national oil companies, and Asian utilities have shown an interest in the development....Full Article |
Guysborough LNG | H-Energy, a subsidiary of India’s Hiranandani Group, has selected an area on Cape Breton Island, Nova Scotia to proceed with a feasibility study for an LNG export project, Ecolog reported. The company signed an option agreement for two 300-acre tracts in Melford, Nova Scotia after evaluating several sites. The project would be built in three phases. The first will consist of a single LNG production train with capacity of 4.5 million tonnes per year at an estimated cost of US$3.3 billion. The company says the site’s proximity to an existing gas pipeline and deepwater port make it ideal. ...Full Article |
Hainan Fushan LNG Plant | |
Hammerfest LNG | ...Full Article |
Hay Point Export Terminal | |
Heyco LNG | IPC will distribute 150,000 gallons daily to customers near the Eagle Ford shale....Full Article |
Hongji Yitai | |
Hongxing | |
Hubei Merchant Plant | Kunlun Energy Co Ltd. will develop a receiving terminal capable of liquefying approximately 2 million cubic meter per day (MMcm/d, 509,701 tonnes LNG per year), Reuters reported March 29, citing statements from an official managing the project. The onshore liquefaction terminal will serve local factories and residents across China that are beyond the reach of pipelines. Kunlun, among others, is aiming for an ambitious 10 percent of China's transport market by 2015. The facility in Shaanxi province, due to start operations in June, will be based on domestic liquefaction technology. ...Full Article |
Ichthys LNG | The cost to develop the Ichthys LNG project in northern Australia could come is as much as US$10 billion over its US$34 billion budget and 18 months later than scheduled, Platts reported, citing analysts with Bernstein Research. “Capex remains the key uncertainty for Ichthys, although the weakening Australian dollar could provide an unexpected benefit to cost reduction,” Bernstein analysts said. “We have seen cost overruns in Australia up to 50 percent on some projects. The two-train plant will have an annual capacity of 8.4 million tonnes of LNG, along with 1.6 million tonnes per year of LPG and 100,000 b/d of condensate. “No other LNG project in Australia has such a high level of condensate production, which makes the economics incrementally more attractive than other dry gas projects, which have yet to be developed,” the Bernstein analysts said....Full Article |
Idemitsu/AltaGas | The Triton LNG Limited Partnership has applied to the National Energy Board (NEB) in Canada to export LNG from its proposed facility, according the LNG World News. The partnership, a 50/50 joint venture between AltaGas Ltd. and Idemitsu Canada Corporation, is currently considering sites for the plant and is doing preliminary design and construction work for the floating facility. The NEB has issued three other licenses and has four applications pending review....Full Article |
Inner Mongolia Bayan nuur LNG Plant | |
Iran LNG | Iran LNG is currently negotiating with nine foreign companies to export LNG, presstv reported Sept. 26. The country is negotiating with several companies from Europe, East Asia and Africa, MehrNews reported. The US$4 billion Iran LNG plant in Assalouyeh, Boushehr Province is about 52 percent complete, according to officials. They predict that it will be ready to begin exports in 2012. However, according to the managing director of the Iran LNG company, Ali Kheirandish, an investment of about US$2.5 billion is still needed in order to complete the project....Full Article |
Iraq FLNG | On May 06, Iraqi Oil Minister Hussein al-Shahristani said a US$4 billion gas-production deal in southern Iraq with Royal Dutch Shell had been finalized and is awaiting cabinet approval. Shell signed an agreement with the state-owned South Oil Company in September 2008 to form a joint venture (JV) to extract gas from fields near the southern port city of Basra. The JV will be focused initially on serving domestic markets with LPG, natural gas liquids and natural gas for power generation and industry. Eventually, however, it intends to develop an LNG export facility for gas not needed for domestic use. Some 700 million standard cubic feet per day of natural gas, which is produced by upstream suppliers in association with oil, is being flared in the southern part of the country. The JV will purchase associated natural gas from upstream operations and own and operate existing gas gathering, treating and processing facilities. It also will repair non-functioning assets and develop new facilities. In November 2008, Shell revealed that it was studying the use of a floating terminal to export LNG produced in Iraq. The terminal would have the capacity to export two million metric tons per year, John Mills, Shell executive vice president for gas and power in North Africa, the Middle East and South Asia, told reporters at the time. The Iraqi government will own 51 percent of the proposed domestic gas production JV. Shell will hold 44 percent and Mitsubishi will hold five percent. "We finished our negotiations with Shell and now we are waiting for cabinet approval to go ahead to sign the contract," Shahristani told reporters. ...Full Article |
Irradia Gas Natural Lima Plant | The 300,000-gallon-per-day (160,000-ton-per-year) liquefaction plant with an initial 150,000 gallons per day capacity will demand an investment of US $ 73,275,000. Project will be located at the Lima City Gate, where it will have direct access to the Camisea pipeline. The LNG will be transported via cryogenic tanker and rail to the surrounding area to be consumed as fuel for industrial and transportation purposes. Irradia target market is composed primarily of users of heavy fuel oil, diesel and LPG, as well as gasoline and CNG. Haug is the Peruvian contractor and is responsible for the delivery of the Project, including integration of the various design elements. Salof Engineering is the manufacturer of plant. |
Israel FLNG | Pangea LNG B.V., an Israeli venture that is also developing the Tamar floating LNG project, in the Eastern Mediterranean Sea, announced that its wholly owned subsidiary, Pangea LNG (North America) Holdings, LLC, has filed an application with the U.S. Department of Energy requesting multi-contract authorization to export LNG from its proposed facility in South Texas to any country with which the U.S. does not have a free trade agreement. ...Full Article |
Jingbian LNG | China Natural Gas (CNG) stated on July 18 that it has commenced production at the Jingbian LNG plant following two days of trials. The company, which is involved in the distribution of gas and CNG to commercial, industrial and residential customers, operates 26 CNG fueling stations in Shaanxi Province and 12 in Henan Province. ...Full Article |
Jingbian Xingyuan LNG project | |
Jordan Cove Export | ...Full Article |
Jumping Pound Gas Complex | The company aims to begin operation of two LNG fueled generators by the fall of 2014....Full Article |
Karratha | The Company recently brought forward the expansion of the LNG plant at Karratha from 160 tons to 200 tons of LNG per day. The sale of surplus LNG will help cater for the strong growth in demand for energy in the region. |
Kenai LNG | ...Full Article |
Keota Merchant Plant | Audubon Engineering has been selected to prepare the front-end engineering and design for Noble Energy’s US$45 million LNG facility in Colorado. The facility is designed to produce up to 10,000 gallons of LNG per day to fuel Noble Energy’s rigs and other heavy equipment used in its DJ Basin operations. The LNG facility will run in conjunction with the company’s Keota natural gas processing plant, which was also designed by Audubon. The displacement of diesel by full utilization of LNG from the Keota facility is expected to significantly reduce carbon dioxide (CO2), nitrogen oxide (NOx) and volatile organic compound (VOC) emissions. Scheduled startup date for the Keota natural gas processing plant is mid-2014 with the LNG facility coming online shortly afterward....Full Article |
Kiefer Road Liquefied Landfill Gas | Construction on the Kitimat LNG plant may start in mid-2012, NorthernSentinel.com reported Sept. 23. There are still a few hurdles to clear, but with prep work continuing at the site, Apache Canada president Tim Wall said, "we’ll be ready whenever our construction crews are ready."...Full Article |
Kitimat LNG (Chevron) | ...Full Article |
Kitimat LNG (Shell) | Energy companies are pushing British Columbia to clear up its stance on a possible tax on LNG exports, Wall Street Journal reported. The matter is holding up negotiations with overseas buyers, a Shell executive said. The government is considering a tax under the “Prosperity Fund,” which it plans to alleviate its debt load. It hasn’t released details on the tax, however, putting a hold on many companies’ plans to move forward on their LNG projects. “These details need to emerge,” Andy Calitz, vice president of Shell-led venture LNG Canada, said. “We need to know with certainty about the level and the stability of that tax regime by 2014,” Shell said. Shell’s project is one of several proposed for Canada’s Northern Pacific Coast. Plans are to start LNG exports from the region to Asia by the end of the decade. The tax issue causes lingering concern among many concerning these project’s economic viability. Shell hopes to attract Asia buyers seeking to lower a US$12 to US$14 per MMBtu price differential between the North American spot market and the prevailing cost of LNG shipped to Asia. In June, Premier Christy Clark said that her government planned to finalize a taxation scheme for LNG projects within “the next couple of months.” Shell owns 40 percent of LNG Canada, with PetroChina, Mitsubishi and Korea Gas holding the remaining stakes....Full Article |
Kitsault LNG | Kitsault Energy has applied to the Canadian National Energy Board to export LNG from its proposed liquefaction plant, The Terrace Standard reports. The license requests authorization to export up to 20 million tonnes of LNG annually for 25 years. The company intends to use smaller FLNG vessels to begin exports in 2018 with plans to grow the export capacity to up to 2.6 billion cubic feet of gas a day. ...Full Article |
Kumul LNG Merchant Plant | Xinjiang Guanghui will reportedly truck the LNG about 1,600 kilometers (994 miles) to Guangdong Province. However, as the third phase comes online in 2017, the volume may necessitate piping SNG via China National Petroleum's West-East Gas Pipeline network in addition to LNG distribution, AsiaChem reported. ...Full Article |
Kwinana | In a major win for stationary LNG, up to 11,000 tonnes a year of fuel will be provided to a gold processing plant. ...Full Article |
La Creciente LNG | Honeywell will supply an Integrated Control and Safety System (ICSS) at the floating LNG liquefaction, regasification and storage unit (FLRSU) off the Caribbean northern coast of Colombia. The FLRSU is being constructed by Wison Offshore & Marine at its fabrication yard in Nantong, China; Black & Veatch as the process licensor is providing the LNG equipment and components and the topside design using the company’s PRICO liquefaction technology. ...Full Article |
Lanzhou LNG Plant | |
Liquegas Energy Pty Limited | In the September 2006 strategy document, Arrow highlighted that it was targeting additional gas markets outside of the current gas-to-power generation market – and that included small-scale LNG among other monetization routes. According to Liquegas, the CBM would be processed in a 100-ton-per-day plant (33,000 tons per year), built at Daandine, 35 km west of Dalby, Queensland, on Australia’s east coast. |
Madera County, California, Low-Btu Stranded Gas Liquefaction Project | While these initial contracts are for 20,000 gpd, the Madera County site also contains enough gas to provide significant additional capacity in the future as market demand increases. |
Magnolia LNG | ...Full Article |
Malaysia FLNG | ...Full Article |
Malaysia LNG Dua | Japan’s Tokyo Gas will buy 0.9 million tonnes of LNG per year for 10 years from Malaysia LNG, Reuters reported August 29. The Japanese city gas supplier will purchase the fuel from the Malaysia Dua LNG project starting in April 2015. The purchase agreement comes as a follow up to an existing contract that expires at the end of March 2015....Full Article |
Malaysia LNG Empat | GE Oil & Gas announced June 5 that it has signed a long-term service agreement with Angola LNG. The agreement, covering two GE-gas turbine-driven compression trains, is designed to increase overall plant efficiency and provide maximum availability for key equipment. The plant, owned by a consortium of Sonangol (22.8 percent), Chevron (36.4 percent), Total (13.6 percent), BP (13.6 percent) and Eni (13.6 percent), is expected to produce 5.2 million tonnes of LNG per year (mt/y). ...Full Article |
Malaysia LNG Satu Sdn. Bhd. | Tenaga Nasional Bhd (TNB) and Petroliam Nasional Bhd (Petronas) will build a 300MW gas-fired power plant and 1 million tonne per year LNG regas terminal in Lahad Datu in Eastern Sabah, Malaysia by 2015, the star online reported Feb. 2. “We are now starting the environmental impact assessment and will be coming up with the engineering design for the plant soon,” TNB CEO Sri Che Khalib Mohamad Noh said. Petronas operates the Malaysia LNG export complex in Bintulu, Sarawak, which has a reported annual capacity of nearly 23 million metric tonnes from eight trains. Press reports, however, state that the gas supply for the regas terminal will be sourced from Sabah. ...Full Article |
Malaysia LNG Tiga | Tenaga Nasional Bhd (TNB) and Petroliam Nasional Bhd (Petronas) will build a 300MW gas-fired power plant and 1 million tonne per year LNG regas terminal in Lahad Datu in Eastern Sabah, Malaysia by 2015, the star online reported Feb. 2. “We are now starting the environmental impact assessment and will be coming up with the engineering design for the plant soon,” TNB CEO Sri Che Khalib Mohamad Noh said. Petronas operates the Malaysia LNG export complex in Bintulu, Sarawak, which has a reported annual capacity of nearly 23 million metric tonnes from eight trains. Press reports, however, state that the gas supply for the regas terminal will be sourced from Sabah. ...Full Article |
Manzanillo LNG Export | In the last issue, we examined the prospect that Mexico would become an LNG exporter, given its access to the North American gas grid. With U.S. regulators slowing down export permits, the North American Free Trade Agreement and 15 cross-border pipelines, Mexico has ample access to U.S. shale gas. Indeed, Mexico’s U.S. gas imports rose in 2011 by 50 percent....Full Article |
Margarita (Pacific LNG) | |
Marsa El Brega LNG | Royal Dutch Shell is evaluating whether its Libyian Sirte Basin concession, it signed a deal with Libya in 2005 to explore the basin as well as upgrade the Marsa El Brega LNG plant, contains commercial reserves. The company expects to continue exploratory drilling....Full Article |
Mauritania LNG | Studies |
Merced County, California, Low-Btu Stranded Gas Liquefaction Project | The Merced County site contains enough gas to provide significant additional capacity in the future as market demand increases. |
Molopo LNG | |
Mozambique LNG (Anadarko) | At
Petrotech 2014, Indian
petroleum Minister Veerappa Moily and Mozambique
Minister for Mineral Resources Esperanca Bias expressed optimism that an LNG
deal between the two nations would yield product by 2019, according to LNG
World News. Three Indian companies hold a 30 percent stake in the Mozambique
LNG project, which has cost about US$60 billion and will be operated by
Anadarko. Moily pushed for the expedition of the development of the assets and
urged his counterpart to address the consortium issues that are holding up the
project. Final investment decision is due for the project in 2014. ...Full Article |
Mozambique LNG (Eni) | Gazprom looks to strengthen its partnership with Italy’s Eni by acquiring a stake in gas assets offshore Mozambique, Bloomberg reported. Eni has discovered over 75 tcf of gas reserves in Mozambique’s Area 4 in multiple offshore gas fields. The size of the stake Gazprom might acquire has not yet been revealed. Eni sold a 20 percent stake earlier this month to China National Petroleum Corp. for US$4.2 billion to spread the cost of developing what might be the world’s second-largest LNG export plant. Eni and partner Anadarko agreed last year to jointly develop the project with plans to start shipping LNG in 2018. Eni and Gazprom are already partners in Russian gas company OOO SeverEnergia....Full Article |
Mozambique LNG (Eni) | Indian firms Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) have made a joint bid to acquire a 20 percent stake in a giant Mozambique gas field, Press Trust of India reported. The stake was offered by Anadarko and Videocon Group for Mozambique’s offshore Area 1, which may hold as much as 70 tcf of gas resources. Anadarko operates the block with a 36.5 percent stake. Videocon and a unit of Bharat Petroleum hold 10 percent each, while Japan’s Mitsui holds 20 percent, Thailand’s PTT Exploration and Production holds 8.5 percent and Mozambique’s state-owned ENH holds the remaining 15 percent. Videocon has put on offer its entire stake to reduce its debt, while Anadarko wants to reduce its stake to 26.5 percent. Gas from Area 1 and neighboring block Area 4 (operated by Eni) will be combined to supply an LNG export plant in Cabo Delgado province in northern Mozambique. That facility will have a capacity of 20 million tonnes of LNG a year. It will begin operations in 2018....Full Article |
MWH North Slope | to truck LNG from North Slope to Fairbanks. |
Nataly I (El Viajano Project) | ...Full Article |
Natuna LNG | |
Nemed FLNG | Shell should announce a location for its first FLNG facility in the near future. |
Newcastle LNG | Santos announced on July 18 that it has reached binding agreements to acquire 100 percent of the outstanding shares in Eastern Star Gas Limited (ESG) and 20 percent of the working interests in ESG’s permits in the Gunnedah Basin, northern New South Wales, for US$284 million. Eastern Star has been the proponent of the proposed mid-scale Newcastle LNG export project on Australia’s Southeast Coast....Full Article |
Nigeria LNG | Nigeria LNG Limited (NLNG) is aiming to increase its share of global LNG exports with a capacity expansion but is being plagued by continued delays, according to Business Day. The current six-train facility at Nigeria LNG has a capacity of about 22 million tonnes per year; the seventh train, which is still awaiting FID, would bring the capacity to 30 million tonnes. FID for the 10 million tonnes per year Brass LNG plant also did not happen in the first half of 2013, as planned....Full Article |
NNPC/ExxonMobil Bonny Island | Technip SA will take a charge of US$334 million (€245 million) related to its stake in the TSKJ Nigeria venture that built the Bonny Island liquefaction plant. ...Full Article |
Nnwa Doro offshore FPSO | Studies |
North Energy LNG Project | |
North West Shelf LNG | The company has completed the purchase of the LNG carrier....Full Article |
Oliver Floating LNG | PTT Exploration and Production Company Limited (PTTEP) has filed an application to build a floating LNG (FLNG) plant approximately 680 kilometers west of Darwin and about 200 kilometers southeast of the Indonesian coastline, ABC News reported August 24. See map....Full Article |
Olokola LNG | Nigeria’s Federal Government may be losing US$1.5 billion on the Brass LNG and Olokola LNG projects following the withdrawal of multinational oil companies from the projects, Businessday reported. Chevron and Shell most recently departed the Olokola LNG project, four years after BG Group decided to divest from the project. The government’s failure at completing and implementing the Petroleum Industry Bill was cited as a major factor in the oil majors’ decision. ConocoPhillips recently pulled out of the Brass LNG project, where it had about 17 percent stake. The company was intending to sell the stake to Oando, but Oando decided to remove the stake from the list of Nigerian assets owned by ConocoPhillips that it intended to acquire. Some US$1.5 billion has already been spent on the two projects, of which Nigerian National Petroleum Corporation (NNPC) accounted for over US$700 million. Without new investors to partner with NNPC on these projects, both projects may eventually be cancelled....Full Article |
Oman LNG | Two state-owned Qatari LNG companies, Oman LNG and Qalhat LNG, are discussing a merger, the Oman Daily Observer reported, citing a story by the Middle East Economic Survey. It would give Oman more weight in the global LNG market, said Oman LNG general manager and CEO, Dr. Brian Buckley. A potential union would not only cut costs, but also address alleged competition between the two government-owned firms. A deal between the two LNG producers could be shored up within six to 12 months, said an unnamed Qalhat LNG official. The Omani companies currently own and operate three liquefaction trains at Qalhat near Sur -- two owned by Oman LNG and one by Qalhat LNG....Full Article |
Ordos LNG 1 | Erdos Xingxing Energy halted output from it’s LNG facility in Inner Mongolia due to a sudden rise in CO2 levels in the feedstock. “We have to adjust some devices to meet the new feedstock,” said an unnamed source as reported by C1Energy, July 12. Any impact on sales was expected to be met by the Dazhou LNG facility. ...Full Article |
Ordos LNG 2 | The liquefaction facility will be used to supply various LNG-fueled trucks and vehicles....Full Article |
Oregon LNG Export | ...Full Article |
Oslo Biogas Liquefaction Plant | Wärtsilä will provide the fleet’s biofuel....Full Article |
Pacific Energy Corp. LNG | Singapore-based Pacific Energy Corp. plans to build a 1.5 million tonnes per year LNG export facility in British Columbia, The Chief reported. The facility would be built on a 212-acre site of the former Woodfibre pulp mill. It would employ between 50 and 100 people. The terminal’s deep-water port would handle three to four ships per month, Ratnesh Bedi, Pacific Energy’s president, said. The actual capacity of the facility has yet to be finalized, pending the findings of a feasibility study now underway. “Shell is talking about handling 20 million tonnes of LNG per year,” Bedi said of the Kitimat facility proposed by the energy giant. “ We will be less than one-tenth of that volume. So it’s that small.” The company thus calls the proposal a small-scale LNG project. Natural gas for the project would be shipped from northern British Columbia to Huntingdown, near the U.S. border at Abbotsford, then to a facility in Coquitlam, finally to be received at the site via the Fortis B.C. pipeline that supplied natural gas for the Woodfibre pulp mill operation....Full Article |
Pacific NorthWest LNG | ...Full Article |
Painter Complex NRU | Plant is dependent on supply of high-nitrogen gas |
Parama Island LNG | |
Pars LNG | Iranian officials have announced plans to produce 70 million tons of liquefied natural gas by 2015. Officials said seven LNG production projects are being developed to meet that goal. The Persian LNG project, with an annual output of 16.2 million mt/y; the Pars LNG project, with an annual capacity of 10 million mt/y; the Iran LNG project, with an annual capacity of 10.8 million mt/y; the North Pars, with an annual capacity of 20 million mt/y; the Golshan LNG project, with an annual capacity of 10 million mt/y; and two other projects, with a total production capacity of 3 million mt/y year, are all part of the 2015 goal. ...Full Article |
Pechora LNG | Dmitry Bosov, the president of Alltech Group, the company behind the development of the Pechora LNG project in Western Russia, announced that the project is technically feasible and commercially attractive. Alltech's project would contribute to the development of the Nenets autonomous district gas potential and solve a number of social and economic objectives facing the district, the president believes. Participants have adopted a resolution to carry out additional marketing research to explore markets of the project’s LNG. Two gas fields, Kumzhinskoye and Korovinskoe, will supply the plant and are believed to have cumulative reserves of 145 billion cubic meters of gas and 3.9 million tonnes of condensate. Some 4 billion cubic meters of gas would be used to produce 2.6 million tonnes of LNG per year....Full Article |
Persian LNG | The final investment decision for the Persian LNG project proposed by Royal Dutch Shell, Repsol YPF and the National Iranian Oil Co. has been delayed until 2012, according to Repsol’s Iranian representative....Full Article |
Peru LNG | ...Full Article |
Petromin Hoegh DSME Floating LNG | Petromin and Talisman are reportedly in discussions concerning the use of floating liquefaction to develop Talisman resources in Papua New Guinea, Upstream reports. In December, Daewoo Shipbuilding & Marine Engineering Co. (DSME) won approval from the Papua New Guinea government to operate a floating LNG production unit. ...Full Article |
PG&E Prototype Ranch Plant | |
Pickens Plant | The project will be the first one developed by Eagle LNG Partners. ...Full Article |
Pioneer Natural Resources | Plant is dependent on supply of high-nitrogen gas |
Pluto LNG | Woodside plans to resume the search for gas resources to underpin an expansion of its flagship Pluto LNG export facility in Australia early next year, Wall Street Journal reported. A lack of drilling success has caused Woodside to lag rivals in development of new projects. Woodside will have two rigs drilling near the Pluto development in 2014, targeting at least eight prospects, CEO Peter Coleman said. Woodside wants to expand Pluto because it is cheaper to add new LNG trains to an existing plant. The high cost of projects was cited by Woodside and partners for the recent decision to abandon plans to develop the Browse gas resource in Western Australia....Full Article |
PNG - LNG Limited | As of Oct. 30, 2007, LNG Limited was seeking to enter into conditional gas-supply agreements, undertake pipeline route studies and costings, develop the Umuda onshore LNG site, select a floating LNG plant partner, and complete a detailed feasibility study by Dec 2008. |
PNG FLNG | InterOil Corporation announced Dec. 22 that it has granted extensions to Mitsui & Co., Ltd. and Energy World Corp. to complete their obligations on the PNG FLNG project. Work on the facility is progressing, InterOil reports, and it hopes to make a final investment decision on the 2-million-tonne-per-year Papua New Guinea project during the first quarter of 2012. First gas from the US$5-US$7 billion terminal is expected by 2015....Full Article |
PNG LNG (InterOil) | InterOil and its partner, Pacific LNG, have entered into exclusive negotiations with ExxonMobil to develop gas fields in Papua New Guinea, Reuters reported. The discussions include the possibility of ExxonMobil taking an interest in petroleum retention license 15. The partners will get funding to drill additional wells in the Elk and Antelope fields, which form part of the license. Shell said in July 2012 that it was in talks to buy into InterOil’s Papua New Guinea exploration licenses and an LNG terminal. InterOil’s licenses cover about 3.9 million acres. Interoil had been planning to build a US$6 billion LNG terminal with an annual capacity of 9 million tonnes. The status of this project is uncertain....Full Article |
Point Mackenzie Merchant LNG | Fairbanks
Natural Gas announced May 31 that it will construct a 5 million gallon
(19,000 liquid cubic meter) LNG-storage tank at its Tria Road facility. The
storage tank, large enough to supply approximately 2,200 homes for an entire
year, will be filled from the Point
Mackenzie liquefaction plant. Construction is expected to commence in the
summer of 2013. ...Full Article |
Polar LNG | On April 13, Alaska's Department of Natural Resources gave notice that Polar LNG, LLC, an affiliate of Fairbanks Natural Gas, submitted an amended application for the proposed Polar Natural Gas Pipeline Right-of-Way Lease. Polar LNG proposes to construct an above-ground pipeline to transport gas from the vicinity of Flow Station 1, Prudhoe Bay Unit, to the Polar LNG Pad formerly known as Child's Pad (Tract 54 of ASLS 76-227) in Deadhorse, located on the North Slope of Alaska. ...Full Article |
Prelude FLNG | ...Full Article |
Prince Rupert LNG | Canadian
regulator National
Energy Board (NEB) approved four permits for planned liquefaction plants on
the country's Pacific coast, Reuters reported. Petronas'
Pacific
Northwest LNG, BG
Group's Prince
Rupert LNG, Exxon's
WCC
LNG and Woodfibre
Natural Gas' proposed export
project all received 25-year licenses to export the liquid. The decision is
still subject to approval by the Canadian government. ...Full Article |
Prometheus Energy, Cuervo New Mexico Plant | It is understood that Prometheus would use micro-LNG plants to perform extended well tests on gas wells in remote areas. The Cuervo, New Mexico plant would serve as a test case. |
PT Badak NGL | Indonesia’s upstream oil and gas watchdog SKK Migas has approved a plan for further development of the Jangkrik North East field in the Muara Bakau block and the MBH and MDA fields in the Madura Strait block, Fox Business reported. The regulator hopes the approval will speed up production. Eni operates the Jangkrik North East field. That field is estimated to cost US$1.4 billion to develop. Located east of Kalimantan, the field is expected to supply 145 MMcf/d of gas when it starts production in 2015 or 2016. The gas will be processed into LNG at the Bontang LNG facility. Further development of the MBH and MDA fields, located off Madura island and operated by Husky Energy, will require an investment of US$397 million to be able to produce 120 MMcf/d of gas in 2015 or 2016....Full Article |
Qalhat LNG | Two state-owned Qatari LNG companies, Oman LNG and Qalhat LNG, are discussing a merger, the Oman Daily Observer reported, citing a story by the Middle East Economic Survey. It would give Oman more weight in the global LNG market, said Oman LNG general manager and CEO, Dr. Brian Buckley. A potential union would not only cut costs, but also address alleged competition between the two government-owned firms. A deal between the two LNG producers could be shored up within six to 12 months, said an unnamed Qalhat LNG official. The Omani companies currently own and operate three liquefaction trains at Qalhat near Sur -- two owned by Oman LNG and one by Qalhat LNG....Full Article |
Qatargas 1 | QatarGas is planning to shut a few of its LNG production units starting next month, arabianbusiness.com reported March 20, citing two people with direct knowledge of the plans. At least two of the three liquefaction trains at QatarGas 1 will be stopped for maintenance, said the sources. A few of the smaller units will be shut in late April for 13 to 23 days, and QatarGas’ fourth train is due to undergo maintenance in September and will halt production for more than a month. ...Full Article |
Qatargas 2 | QatarGas will shut to of its LNG trains this month, Reuters reported Sept. 4, citing company statements. “Qatargas Train 4 and Qatargas Train 5 will shut down for planned maintenance in September,” the company said. The liquefaction units can produce annually some 8 million tonnes of LNG each....Full Article |
Qatargas 3 | Qatargas is planning to shutdown three of its LNG production units for maintenance-related work, LNG World News reported Aug. 29. Starting in mid-September, the company will begin work on Train 6. Train 5 work will begin in October while Train 7 maintenance work will follow. A company official said that the maintenance work on each train will take two weeks....Full Article |
Qatargas 4 | Ras Laffan Liquefied Gas Co., one of two Qatari producers of LNG, will shut three of its seven liquefaction plants for maintenance in 2013, Bloomberg reported. The company will halt Train 4 in April, Train 3 in September and Train 7 in November. The halts will last three to four weeks. LNG shutdowns in the country may affect short-term LNG prices in markets from the UK to Asia. Total maintenance planned for this year in Qatar will affect less than half of the capacity halted in 2012, according to Bloomberg. Train 7 has an annual capacity of 7.8 million tonnes per annum (MTPA). It is one of the largest LNG trains in the world. Its capacity is shipped to ExxonMobil. Trains 3 and 4 can each produce 4.7 MTPA of LNG and supply India’s Petronet LNG and Spain’s Endesa SA and Italy’s Edison SpA, respectively. Qatar started its 14th liquefaction train in 2011, boosting annual capacity to 77 MTPA, more than 25 percent of the world’s total liquefaction capacity. Work is planned on at least 28.2 MTPA of capacity in 2013, down from 58.7 MTPA in 2012. There was one unplanned shutdown in 2012 that halted train 7 at QatarGas4 for 10 days in September....Full Article |
Qeshm - LNG Limited | LNG Limited is now proposing three 1.15 million metric ton per year trains using gas from the onshore South Gashu gasfield. |
Qeshm LNG | By end of 1Q 2007, LNGIQ company expects to have: •Reviewed all relevant data/reports on gasfields in Qeshm regions. •Commencement negotiating a Buy Back Agreement with NIOC for the evelopment of a gasfield(s) as per Master Development Plan; •Commencement negotiating a Gas Sale Agreement with NIOC •Finalised site selection for the proposed Qeshm LNG Pant. •Developed agreements for LNG supply to GMR, SPIC, KenGen and other new LNG Markets. |
Qianyuan | |
Quadren Sacramento NRU | Plant is believed to be focused on the pure methane industrial gases market. According to a 2002 California Energy Department study, the Quadren Cryogenics plant occasionally sells LNG for transportation fuel applications. |
Queensland Curtis LNG | ...Full Article |
RasGas 1 | General Electric announced Dec. 15 that RasGas Company Limited is applying GE’s dry low NOx combustion technology to reduce gas turbine emissions at its LNG complex in Ras Laffan Industrial City....Full Article |
RasGas 2 | |
RasGas 3 | Speaking to investors on April 30, David Rosenthal, VP of investor relations, said that for the recent trains the company has completed in Qatar (RasGas 3, Trains 1 and 2), the company will sell more into the spot market than the long-term market. ...Full Article |
Reno LNG | The facility hopes to serve local high horsepower customers as well as marine traffic in San Francisco Bay. ...Full Article |
Rio Grande do Sul FLNG | Petrobras is studying the construction of an LNG terminal in Rio Grande do Sul, Brazil, Bloomberg reported Feb 3. A letter of intent was signed between the Brazilian state-run oil company, Hyundai Heavy Industries and Samsung’s machinery and ships division to study the feasibility of the regasification plant. The studies will be conducted over the next six months....Full Article |
Sabine Pass Export | The project to add LNG carrier shipbuilding capability will be supported by the government, local shipbuilders and local oil majors. ...Full Article |
Sakhalin 2 | ...Full Article |
San Joaquin County, California, Low-Btu Stranded Gas Liquefaction Project | |
San Juan County, Utah, Low-Btu Stranded Gas Liquefaction Project | Distributing LNG from the Lisbon plant into the alternative transportation fuel market would displace over 3.5 million gallons of diesel fuel annually. |
Sarawak FLNG | ...Full Article |
Sarnia LNG | Traditional efforts to supply LNG fuel to marine vessels have been dominated by stop-gap methods like truck refueling. But for LNG to emerge as a legitimate fuel source for many marine operators, large-scale sources of fuel supply must emerge. In this analysis, Zeus will assess current LNG bunkering plans world-wide, and draw conclusions on the market as it stands today. ...Full Article |
Scarborough FLNG | Australia has given ExxonMobil and BHP Billiton approval to build what would be the biggest FLNG in the world over the Scarborough gas field, The West Australian reports. Industry rumors persist, however, that have BHP, which is an equal partner with Exxon, more interested in onshore US operations than building an offshore development. ExxonMobil has not yet commenced FEED work yet either, making development of the project far from a guarantee. ...Full Article |
SEGAS LNG | Qatar will supply five cargos of LNG to Egypt’s LNG customers to help Egypt cope with its energy demands, Reuters reported. Instead of exporting its gas as LNG, Egypt will use it to supply domestic energy demand through the hot summer months. Qatar will make up the cargos. Egypt typically faces frequent power shortages in summer. The first of the Qatar shipments will be delivered at the end of July and continue until mid-September. Egypt does not currently have the infrastructure to import LNG, making the swap deal the country’s only alternative. At current prices, the Qatari cargos would fetch about US$320 million on the open LNG spot market, according to the report....Full Article |
Sengkang LNG | On March 24, Tokyo Gas Company announced that it plans to buy 500,000 metric tons of LNG annually from Energy World Corp’s mid-scale Sengkang LNG export project. The gas utility said it plans to participate in the project and import the LNG beginning in 2012....Full Article |
Shan Shan LNG Plant | |
Shandong Merchant Plant | PetroChina will commission the Tai’an liquefaction plant in eastern Shandong province in late 2013, Reuters reported April 26. The 1.5 billion yuan (US$238 million) plant will be able liquefy 2.6 million cubic meters (cm) of gas per day to supply some 600,000 tonnes of LNG per year to customers in China, equating to $400/tonne-year of capacity. ...Full Article |
Shanxi LCBM 1 | On Aug. 12, 2007, China launched its largest coalbed methane liquefaction project. The project, based in Qinshui Basin, North China's Shanxi Province, is expected to produce one million cubic meters of liquefied coalbed methane daily when put into operation next January, said a manager of China United Coalbed Methane Corp Ltd (CUCBM), developer of the project. The production lines will be completed at the end of this year. The annual output is expected to reach 150,000 tons and the annual sales may hit 200 million cubic meters, the manager said. The CUCBM manager said that Hong Kong-listed China Leason Investment Group Co Ltd signed a liquefied coalbed methane purchasing contract with the company in Beijing earlier in the month. China United Coalbed Methane Corp Ltd, held by China National Petroleum Corporation and China National Coal Group Corp, is the only company entitled to cooperate with foreign companies to exploit coalbed methane resources. Its produces 85 percent of the nation's total. It has signed 21 production sharing contracts with 10 overseas companies, with a total foreign investment of US$119 million. |
Shanxi LCBM 2 | |
Shaoguan City LNG | China Oil and Gas has entered an agreement for the development of the natural gas industry in Shaoguan City, Guangdong Province, China, LNG World News reported. The agreement authorizes the company to begin development of the “Shaoguan Gasification” project. The Shaoguan Government will approve in advance the company’s proposed LNG plant and a CNG mother station. The project will include a gas transmission pipeline with a capacity of 500 million cubic meters, the construction of 20 LNG, CNG and LCNG filling stations and the establishment of logistics companies for the transportation of LNG and CNG. The project will cost an estimated US$160 million. The company plans to implement the project and to construct the pipeline network in a number of cities, as well as set up the logistics companies, within five years....Full Article |
Shell Geismar LNG | Traditional efforts to supply LNG fuel to marine vessels have been dominated by stop-gap methods like truck refueling. But for LNG to emerge as a legitimate fuel source for many marine operators, large-scale sources of fuel supply must emerge. In this analysis, Zeus will assess current LNG bunkering plans world-wide, and draw conclusions on the market as it stands today. ...Full Article |
Shtokman LNG | Gazprom has cancelled a call for bids to prepare project documentation for the Shtokman LNG project in western Russia, Platts reported. The move further delays the project. The developers first decided in 2012 to indefinitely delay the project due to questionable economics. The project Is now a joint development of Total and Gazprom after Statoil left the project in late 2012. In June, Gazprom decided to complete a feasibility study for the project’s offshore facilities, the sea port and the adjacent LNG storage facilities by early 2014. In late June, Gazprom spokesman Sergei Kupriyanov said that the Shtokman participants were giving up on the project until new technologies emerge that would make its development more economically attractive. “We are waiting for the emergence of more efficient technologies, less costly or that market conditions change,” Kupriyanov said. The Shtokman field has estimated gas reserves of 3.92 trillion cubic meters but is considered highly challenging to develop from a technological point of view as it is located 340 miles offshore in the icy Barents Sea. In May, Gazprom announced plans to launch the project in 2019, consisting of four LNG liquefaction trains with a capacity of 7.5 million tonnes per annum each. Gazprom and Total hold 75 percent and 25 percent of the project, respectively....Full Article |
Sichuan Guangan LNG Plant | |
Skangass LNG | The Norwegian authorities have released bans on LNG refueling for the company’s new ferries. ...Full Article |
South Texas LNG Export | The U.S. Department of Energy (DOE) granted Pangea LNG permission to export LNG from a planned terminal in Texas to countries the U.S. currently have existing free trade agreements (FTA) with, Reuters reported. Pangea, along with many other LNG export proposals in the U.S., is still waiting for approval to export LNG to major LNG importers such as Japan, which the U.S. does not have a free trade agreement with. Cheniere Energy’s Sabine Pass LNG terminal is currently the only U.S. terminal allowed to export to non-FTA countries. The DOE will begin to act on other applications to export to non-FTA countries after a public comment period wraps up later this month. Pangea is currently in line for consideration of the approval, but 15 other applications are in queue ahead of the project. The Pangea terminal is a joint venture of Pangea LNG B.V. and Statoil. Pangea LNG plans to begin the pre-filing process with the Federal Energy Regulatory Commission, which must approve the construction of the facility, by the second quarter of 2013. ...Full Article |
Southern Cross LNG | The Project is designed to accommodate up to three (3) LNG Trains producing between 0.7–1.7 million tonnes per annum (MTPA) of LNG per train. Total LNG production will be in the order of 5 MTPA, or up to 277 PJ per annum. |
Spectrum Alaska | Tulsa-based Spectrum Alaska, LLC plans to build a small-scale LNG plant in Alaska’s North Slope. As part of the first phase of the project’s development, the company recently applied for a right of way application for a 1,100-foot pipeline from the gas supply area to the proposed project site. The 50 MMcf/d pipeline will take approximately a year to build and cost US$30 million to complete, US$22 million in material and US$8 million for construction and installation. The pipeline will cost US$8 million for ongoing operations and maintenance. The pipeline construction will be executed by Anchorage-based CONAM Construction Company. The pipeline will require 12 workers for ongoing operations and 10-15 workers during the construction phase of the pipeline....Full Article |
Spectrum Ehrenberg Plant | Issues with gas content have caused the plant to cease LNG fuel production for the moment....Full Article |
Stabilis Energy George West, Texas Plant | The plant will begin to serve oilfield customer in the Eagle Ford Shale by 2015. ...Full Article |
Stabilis Energy North Dakota Plant | The plant will begin to serve oilfield customer in the Eagle Ford Shale by 2015. ...Full Article |
Stabilis Energy West Texas Plant | The plant will begin to serve oilfield customer in the Eagle Ford Shale by 2015. ...Full Article |
Statoil Tjeldbergodden | |
Sun LNG | Sunshine Gas will submit an Environmental Impact Statement to Queensland regulators. Sunshine is proving up CSG reserves to raise nameplate capacity at Sun LNG |
Tambov Merchant LNG | The Russian LNG merchant plant may be used to supply LNG-fuel to domestic users....Full Article |
Tangguh LNG | BP
has put forth a proposal to award an onshore FEED contract for a third
liquefaction train at the Tangguh
project in Indonesia,
according to Rigzone. The company's regional president hopes to make
the award by the end of the first quarter of 2014. The third train would add 3.8
million tonnes of capacity at the site, roughly equivalent to each of the other
two individual trains that are currently operational. ...Full Article |
Tanzania LNG | Tanzania’s Deputy Minister of Energy and Minerals has announced that plans are underway to build an LNG export terminal in the country, the Daily News reports. George Simbachawene has said that the government is looking to build the facility by 2020 and that it will be similar to the massive export plants in Qatar. The Ministry expects the terminal to be located in Lindi, where they intend on developing an entire industrial area with several different petrochemical plants and industries. ...Full Article |
Tanzania LNG (Statoil) | Statoil and ExxonMobil have discovered gas at a third offshore Tanzanian deepwater well, Oil & Gas Journal reported. The Tangawizi-1 well on block 2 offshore Tanzania is estimated to contain 4 to 6 tcf of gas, bringing to 15-17 tcf the total estimate for gas in place on the block. Gas was found in Tertiary sandstones in 2,300 meters of water 10 km seaward from the Zafarani and Lavani discoveries. Statoil said that it has completed five wells on the block and will drill more later this year. The companies are working to advance more prospects on the block. “Recoverable gas volumes in the range of 10-13 tcf bring further robustness to a future decision on a potential LNG project,” said Tim Dodson, Statoil executive vice-president for exploration. Statoil operates the block with a 65 percent stake on behalf of Tanzania Petroleum Development Corp. ExxonMobil holds the remaining 35 percent stake....Full Article |
Tanzania LNG (Statoil) | Statoil and BG Group are teaming up to develop a US$10 billion LNG export terminal onshore Tanzania, Upstream Online reported. The pair have discovered sizable reserves offshore and have found enough to “move forward” after the most recent discovery, Tangawizi in Block 2, confirmed another 4-6 tcf of gas. “We are working with BG to come up with a recommendation for a landing site. We should be making that recommendation to Tanzanian authorities fairly early in the second quarter,” said Statoil’s head of exploration Tim Dodson. BG Group has discovered between 13.5 and 21 tcf of gas in place in blocks 1, 3 and 4. Partner Ophir Energy believes there is a resource upside in the blocks of about 75 tcf. “In addition to the 10 to 13 tcf that we have, they (BG) have a similar kind of number (in Block 1),” said Dodson. An investment decision on the plant is not likely to occur before 2016, Dodson said....Full Article |
Tassie Shoal LNG | MEO Australia’s proposed Tassie Shoal LNG project would cost up to US$4 billion less than an onshore or floating LNG development. The gravity-based system MEO has proposed would cost US$2 billion , including a contingency of 25 percent. The project would have a capacity of 3 million tonnes per annum. An additional investment of US$220 million would be required to increase nameplate capacity by 30 percent, to 4 million tonnes per annum. “Additional activities to mature the engineering and cost estimates have been identified and will proceed commensurately with the commercial development of the project,” MEO said. MEO holds a 100 percent stake in the project. The company has already been granted Australian federal government environmental approvals for the project....Full Article |
Texas LNG | Texas LNG has filed an application with the U.S. Department of Energy for authorization to export two million tonnes per year of LNG to free trade agreement (FTA) and non-FTA markets from its proposed liquefaction plant, LNG World News reports. The company executed an exclusive lease option agreement in December 2013 with the Port of Brownsville, where the liquefaction facility will be located. Vivek Chandra, Texas LNG CEO, expects to have FTA approval by the beginning of the second quarter of 2014 and non-FTA approval later in the year. The facility will employ a tolling agreement paid by the LNG customer for converting natural gas into LNG....Full Article |
Texas LNG | |
Tianjin | |
Timor Sea FLNG | PTT Exploration and Production Public Company Limited (PTTEP) has found more natural gas in AC/RL7 block in Australia. The company is confident that the block has high potential and is preparing to drill another appraisal well next year to confirm the preliminary petroleum reserves....Full Article |
Trunkline LNG Export | Attention in the North American LNG export space has
focused entirely on the actual liquefaction technology needed to develop
product. However, of equal importance will be the shipping fleets necessary to
move this product to customers. As high value vessel types, these LNG carriers
can only be fabricated by a small number of producers, suggesting a potential
bottleneck in the new supply chain. In this analysis report, Zeus will review
the growing demand from major LNG project players for carriers against global
shipbuilding capacities. ...Full Article |
United LNG | |
Uzbekistan Merchant Plant | Uzbekistan and China will strengthen their cooperation on gas projects,
gaschina.com.cn reported Dec. 4, citing statements by Uzbek-president
Islam Karimov. Uzbekneftegas
will work with China’s Xinjiang
Guanghi Industry Investment Group to construct a US$250 million LNG
merchant plant capable of producing 600 million cubic meters (425,000
tonnes) a year. Fields in the Ferghana Valley in northern Uzbekistan will
supply part of the feedgas. The remainder will come from reserves in central
Uzbekistan. ...Full Article |
Venture Global LNG | The United States Department of Energy (DOE) has awarded a license to Venture Global to export LNG from a proposed terminal in Louisiana to countries that have free trade agreements (FTA) with the US. Under the permit, the company can export up to 670 mmcf/d from the planned terminal on the Calcasieu Ship Channel. ...Full Article |
Vladivostok LNG | Following reports last month from the Vladivostok LNG terminal owner Gazprom that WorleyParsons has been awarded a contract for the facility, the Australian services company confirmed its involvement , according to Upstream Online. The contract for FEED documentation and additional technical support is worth approximately US$63 million for the terminal's two 5 million tonnes per annum LNG trains. The plant is set to be operational by 2018....Full Article |
Waller Marine- Baton Rouge | As a response to stringent marine emissions standards, LNG has begun to grow in prominence as a fuel globally. However, as demand has begun to rise, concerns have also emerged on the availability of bunker facilities to serve this growing market. This report will review the evolution of the global LNG bunkering market on a national basis, to evaluate the different types of facilities that are being developed and reconfigured for this new trade....Full Article |
Waller Point LNG | Waller Marine announced on November 13 that they are in the process of developing 2, 500,000 gallon per day LNG liquefaction terminals at locations on the U.S. Gulf Coast to serve the marine market. The company will develop the first facility on the Calcasieu Ship Channel in Cameron Parish, Louisiana and the second at an undecided location on the Mississippi river which will be announced in early 2013. Ultimately the company hopes to develop 7 such facilities at strategic locations on each coast of the USA....Full Article |
WCC LNG | Canadian
regulator National
Energy Board (NEB) approved four permits for planned liquefaction plants on
the country's Pacific coast, Reuters reported. Petronas'
Pacific
Northwest LNG, BG
Group's Prince
Rupert LNG, Exxon's
WCC
LNG and Woodfibre
Natural Gas' proposed export
project all received 25-year licenses to export the liquid. The decision is
still subject to approval by the Canadian government. ...Full Article |
West Niger Delta LNG | Studies |
Wheatstone LNG | Shell
has announced it is selling its stake in the Wheatstone
and Iago
gas fields as well as a 6.4 percent share in the related Wheatstone
LNG project to the Kuwait
Foreign Petroleum Exploration Company, Reuters reports. The total
value of the sale is US$1.14 billion for a project that is scheduled to cost
about $29 billion and is roughly 25 percent complete. ...Full Article |
White Martins | Customers for LNG in Brazil include transportation companies, industrial customers and natural gas filling stations used by residential and commercial consumers. GasLocal already has a substantial volume of the plant’s capacity under contract. |
White Mountain LNG | The US$100 million plant will service lower New England....Full Article |
WMI-Linde Altamont Landfill LNG Project | On November 2, Waste Management announced that its Altamont Landfill LNG plant in Northern California had begun operations....Full Article |
Woodfibre LNG | ...Full Article |
Wuhai #1 LNG Project | |
Wuhai #2 LNG Project | |
Wuxi Yongda Gas LNG | |
Xilan LNG Project | |
Xinao LNG Plant | |
Xinjiang Guanghui New Energy Company Syngas & LNG Plant | Chemtex lists the Xinjiang Guanghui New Energy Co. Ltd, project as a combination syngas/LNG project (3860 and 1161 tons per day, respectively) for completion by 2008. Chemtex states that it is providing engineering and procurement services. |
Xinjiang Lunnan LNG Plant | |
Xinyang Merchant Plant | |
Yamal LNG | ...Full Article |
Yan'an Merchant Plant | PetroChina will commission the Tai’an liquefaction plant in eastern Shandong province in late 2013, Reuters reported April 26. The 1.5 billion yuan (US$238 million) plant will be able liquefy 2.6 million cubic meters (cm) of gas per day to supply some 600,000 tonnes of LNG per year to customers in China, equating to $400/tonne-year of capacity. ...Full Article |
Yangling LNG | Technip was awarded by Shaanxi LNG Investment & Development Co Ltd an engineering, design and procurement contract, worth approximately US$47 million, for a mid-scale LNG plant. The plant will be located in the Yangling Demonstration Area, Shaanxi Province, China. The contract covers the conceptual engineering study, basic engineering design of the LNG storage tank, as well as procurement for key equipment including the main cryogenic heat exchanger, the mix refrigerant compressor, the boil-off gas compressor and the cryogenic control valves. The LNG plant will have a capacity of 500,000 tonnes per year and will be based on an Air Products’ liquefaction process. Air Products will supply its single mixed refrigerant process technology as well as design and manufacture heat exchanger equipment for the liquefaction section of the plant. The project is scheduled online by mid-2014....Full Article |
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That is not even the complete list of proposed LNG export plants..
We are expected to believe that little ole British Columbia is going to claim near 50% of a $200 billion dollar per year LNG market...all those other operations..
Silly BC Liberals.......Duped electorate!
The Straight Goods
Cheers Eyes Wide Open
10 comments:
http://pacificgazette.blogspot.ca/2014/02/this-day-just-outside-snooklandspin-this.html
Thanks to Ross.
It appears the FN in Alberta along with partners = Paragon .... Bankrupt.
And we know who just left BCLC to go to Paragon, right?
Bunch of corrupt idiots hoping not just lng, but gambling will help them. Not.
Thanks Grant for all your hard work.
LNG is going no where too soon, but if, (3 mxx) and when, ????? 2019?? it does, too late Christy and Co.
http://raesidecartoon.com/ed2.html
They would have to burn lots of natural gas to power the LNG plants. All that gas is basically wasted.
Or, that gas could be used here in BC, as a fuel for trucks etc.
No politician or business association spokesperson is ever going to speak of the truth of how bad things are in the present, unless they have no choice because incontrovertible proof has already been released to the masses that would otherwise and obviously demonstrate their insincerity.
As long as "official datum" as published by the various governmental and quasi-governmental bodies allow governmental and business association spokespeople to understate the severity of the situation.
No governmental employee (and especially no politician) will voluntarily relay how dire things may be (again, given a backdrop of "official" statistical datum that is inaccurate and relatively misleading they can fall back on) because they wouldn't want to upset the apple cart, cause further distress or even panic amongst the populace or within the "markets," and no business association spokesperson, whose very jobs entail, at least in significant part, a public confidence building role, will do anything to further dampen the confidence
They have to lie because our economy is dependent, in quite a large degree, on an illusion that might as well be called "the confidence fairy."
If those people who still have the means to purchase a particular service or good feel confident about the security of their own jobs and the current & likely future state of the economy, they're more apt to go ahead and dig themselves into more debt or pay cash to purchase that service or good, regardless of the accuracy (and realism) of their "confidence level."
Conversely, if they don't feel confident about the security of their own employment situation and/or the current and likely future state of the economy, they're more apt to refrain from purchasing that good or service, and save instead, in preparation for what may lay ahead.
And this is why, without exception, throughout history, the masses do not understand there is a crisis until well after it has already begun, and they've already committed to many purchases, indebtedness and other forms of dis-saving, that they wouldn't have committed to had they known accurate information sooner.
Hence, "the confidence fairy," which governmental employees, politicians and business spokespeople all actively perpetuate in their own methods and by various tactices, is a serial and mass killer of efficient markets and rational economic behavior (as it severely distorts essential economic information that is relied upon by economic and market participants).
This is why I love coming back here. Always very well researched and details abound. This is one of my favourite sites that I recommend to all. We will wake up from this nightmare one year but I dread what it will take to get to that point. Great article as usual.
Recently there was an editorial in the Vancouver Province claiming the BC Provincial government was doing the right thing by reducing spending and balancing the budget. What a scam that is. The BC Government isn't balancing the budget. Neither are the municipalities. That's the problem.
When the BC Liberals released their fraudulent budget before the election they fudged the numbers by claiming that although they were running a consistent debt, they would balance it some time in the future by extracting a dividend from BC Hydro. That claim was fraud.
We know very well the BC Liberals are the ones that turned BC Hydro into another Enron by privatizing the power brokers that sell power to the public company at inflated rates. As a result, they have been hiding the ballooning deficit that criminal fraud created for years. You can't extract a dividend from BC Hydro to balance your deficit when you are already hiding a ballooning deficit at BC Hydro. Right now we are looking at a 40% increase in Hydro rates to help offset this act of fraud where private power brokers are gouging tax payers at an unprecedented rate.
Now the BC Liberals are fudging the budget by claiming they will extract revenues from the liquefied natural gas industry. These fudge it budgets can go both ways. It's like Canada Post lying to the media claiming it forecasts a change in the consistent annual profits and anticipates an annual billion dollar loss. Those forecasts are fraudulent trying to con the public.
I'm all for liquefied natural gas. What I am opposed to is the consistent fraud the BC Liberals get away with by claiming they are balancing the budget when they committed an act of fraud by turning BC Hydro into another Enron. They keep living of the crazy stereotype that the NDP will tax and spend but they won't when in reality they are doing worse spending than the NDP ever did just like Dianne Watts in Surrey.
Talk about spin, we even have Preewee Hermon himself, Gwyn Morgan, front and centre running interference for the Glutton World Order. TransLink's spending is completely out of control. They already squander over a billion dollars a year in excessive regional gas taxes and they still want more. Why? Because they give 2.5 million free rides a year and they keep living beyond their means expanding sky train lines to nowhere instead of waiting until the current lines start paying for themselves. Why? So the corrupt companies that contribute to their campaigns can get sweetheart contracts.
Guess who got the contract for the $1.4-billion Evergreen Line? SNC-Lavalin did. Gwyn Morgan was CEO. SNC-Lavalin senior executives were charged with fraud along with Arthur Porter, the former chair of Canada’s watchdog for CSIS. Go figure. The scam never ends while tax payers continue to get gouged in the name of fiscal responsibility. Are they still selling swamp land in Florida because right now the public will buy anything.
With this so-called government getting desperate, is it really such a stretch to imagine that they'll start going after parkland to extract resources?
If one were to connect the following dots, what sort of picture starts to emerge?
1) Under Environment Minister (and corporate lackey), Mary Polak, new B.C. Gov legislation will allow oil and energy companies to conduct preliminary research in parks
(BY LARRY PYNN, VANCOUVER SUN FEBRUARY 13, 2014) {http://www.vancouversun.com/technology/legislation+would+allow+energy+companies+conduct+preliminary+research+parks/9506336/story.html}
2)Kasich Administration Caught Up in Fracking Conspiracy Cover-up.
"In an attempt to bury a story about a planned administration-spanning conspiracy to PROMOTE FRACKING IN PUBLIC PARKS, a secret communications plan was leaked by Ohio Gov. John Kasich’s administration to reporters late Friday afternoon.
The 2012 document [PDF] contains a Nixon-style enemies list. It includes detailed plans for various agencies spanning Kasich’s administration to “marginalize” opponents by teaming up with “allied” corporations, including Halliburton, business groups and media outlets.
{http://rinf.com/alt-news/latest-news/kasich-administration-caught-fracking-conspiracy-cover/}
3)"Are you opposed to fracking? Then you might just be a terrorist: From North America to Europe, the 'national security' apparatus is being bought off by Big Oil to rout peaceful activism"
In late 2013, official documents obtained under freedom of information showed thatCanada's domestic spy agency, the Canadian Security Intelligence Service (CSIS), had ramped up its surveillance of activists opposed to the Northern Gateway pipeline project on 'national security' grounds. The CSIS also routinely passed information about such groups to the project's corporate architect, Calgary-based energy company, Enbridge.
{http://www.theguardian.com/environment/earth-insight/2014/jan/21/fracking-activism-protest-terrorist-oil-corporate-spies}
4)Canada’s top spy watchdog lobbying for Enbridge Northern Gateway pipeline
Matthew Millar
Posted: Jan 4th, 2014
Chuck Strahl, Chairman of the federal body which oversees Canada’s spy agency, the Canadian Security Intelligence Service (CSIS), has registered to lobby on behalf of Enbridge’s ‘Northern Gateway Pipelines Limited Partnership’.
Two weeks before the December 19, 2013 decision of the National Energy Board’s Joint Review Panel on the Enbridge Northern Gateway Pipeline Project, Strahl and his firm – Chuck Strahl Consulting Inc.– registered as a B.C. provincial lobbyist and listed the Enbridge subsidiary as his client starting December 6.
{http://www.vancouverobserver.com/politics/investigations/canada’s-top-spy-watchdog-lobbying-enbridge-northern-gateway-pipeline}
........
And next the mighty Fraser, Thompson, Stikine etc.
http://creekside1.blogspot.ca/2014/02/tarsands-tailing-ponds-leaking.html
It's all about the almighty dollar for a few and the hell with everything and everyone.
http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/manitoba-pipeline-blast-puts-safety-in-the-spotlight-for-transcanada/article16527168/
Maybe if fair taxes were paid by all. But no, just the average citizen paying more and more and more, taking home less and less, some even on the streets now. No one in this country should be in the poor house, it's time we all shared in the wealth and made sure things like education and healthcare were covered properly with no "premiums" like in other provinces. Someone is getting rich and it isn't you nor I. Not that I want to be rich, just want all to pay their fair share. Money from "our" resources should be going to betterment of the citizens of this country.
http://thetyee.ca/Opinion/2014/02/24/Foreign-Interests-Canada/
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