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  1. Chevron to supply up to 0.65 million metric tons of liquefied natural gas annually for 10 years

    The Asia Excellence (pictured) is one of six new liquefied natural gas (LNG) carriers that will support Chevron's growing global LNG business. Chevron is nearing completion of the largest shipbuilding and fleet modernization program in recent corporate history with the introduction of 13 new ships to our fleet between 2013 and 2017, including the new LNG carriers. (Photo: Business Wire)   Chevron Corporation announced that its wholly-owned subsidiary, Chevron U.S.A. Inc., has signed a binding LNG Sales and Purchase Agreement (SPA) with ENN LNG Trading Company Limited (ENN) for the delivery of liquefied natural gas (LNG) to China from Chevron’s global supply portfolio. Under the terms of the SPA, ENN will receive up to 0.65 million metric tons per annum (MTPA) of LNG over 10 years, with the first delivery expected to start in 2018 or the first half of 2019. “Chevron’s commitment to gas is clear. We’ve been in the natural gas business for more than 100 years, and we’re positioned to become one of the top LNG suppliers in the world,” said Mike Wirth, executive vice president, Chevron Midstream and Development. “This SPA further demonstrates our work to expand our customer base, our strong customer relationships and our commitment to partnerships around the world.” ENN LNG Trading Company Limited is one of the subsidiaries of ENN Energy Holding Ltd., which is one of the largest natural gas distribution companies in China. ENN Energy Holdings Ltd. operates in 150 cities across 17 provinces and autonomous regions, with over 12 million residential and 56 thousand industrial/commercial customers. ENN’s Zhoushan LNG receiving terminal is being constructed and expected to be in operation by 2018. The SPA delivery requirements are expected to be fulfilled by Chevron’s growing LNG portfolio, including the company’s Australian LNG interests at Gorgon, Wheatstone and the North West Shelf.

    Online Articles

    Online Articles

    Wed, 31 Aug 2016

  2. GE Oil & Gas awarded contract by BP for third LNG train in Tangguh expansion

    GE Oil & Gas has been awarded a contract to supply gas turbine-driven compressors for a third LNG train for the Tangguh expansion having provided the original equipment for Trains 1 and 2 when the plant was first established.

    Online Articles

    Online Articles

    Wed, 14 Sep 2016

  3. Exmar FLNG vessel passes performance test in China

    Wison Offshore & Marine has completed the performance test of the world’s first barge-based floating liquefied natural gas unit at its yard in Nantong, China.

    Online Articles

    Online Articles

    Tue, 27 Sep 2016

  4. Maine's final LNG proposal tossed by federal regulators

    The final proposal for a liquefied natural gas terminal in Down East Maine has quietly faded away.

    Online Articles

    Online Articles

    Mon, 12 Sep 2016

  1. Gazprom, Nogaholding to cooperate in LNG

    Online Articles

    Online Articles

    Mon, 12 Sep 2016

  2. Oil and Gas News: EVOL LNG to bunker LNG at Fremantle Port in Australian first

    In an Australian first, EVOL LNG has been approved by Fremantle Ports to bunker liquefied natural gas ( LNG ), providing access to the cleaner shipping fuel alternative for LNG -powered marine vessels visiting Fremantle Port.

    Online Articles

    Online Articles

    Fri, 29 Jul 2016

  3. D.C. Circuit Affirms FERC Handling of Cove Point LNG Export Application

    The U.S. Court of Appeals for the District of Columbia Circuit has rejected the assertion by environmental groups that the Federal Energy Regulatory Commission (FERC) did an inadequate review of Dominion (NYSE:D) plans to develop the Cove Point liquefied natural gas ( LNG ) export facility in ...

    Online Articles

    Online Articles

    Mon, 18 Jul 2016

  4. Technip awarded MSA for SCT&E LNG ’s Monkey Island project in Louisiana

    Technip was awarded a Master Services Agreement by SCT&E LNG , Inc. for their proposed 12 mtpa Liquefied Natural Gas export terminal located on Monkey Island, in Cameron Parish, Louisiana, USA.

    Online Articles

    Online Articles

    Thu, 21 Jul 2016

  5. Bear Head LNG gets Canadian government approval

    Bear Head LNG Corp. Inc., a wholly owned subsidiary of Liquefied Natural Gas Ltd., has received Governor in Council approval for a licence to import natural gas from the US and a license to export LNG from Bear Head LNG ’s project site on the Strait of Canso in Richmond County, NS.

    Online Articles

    Online Articles

    Wed, 22 Jun 2016

  6. Portugal ready to take bigger LNG transportation role, official says

    Europe could reduce its dependence on Russian natural gas by as much as 30% if it used more of Portugal and Spain’s LNG import capacity, a Portuguese government official told a Washington audience.

    Online Articles

    Online Articles

    Thu, 15 Sep 2016

  7. LNG to be marginal source of global supply, BP executive says

    BP PLC’s Global Chief Economist Spencer Dale has forecast that the US Henry Hub will be the benchmark for global LNG prices into the future. He said US LNG will be the marginal source of global supply and therefore LNG prices are likely to be determined by prices at Henry Hub.

    Online Articles

    Online Articles

    Fri, 16 Sep 2016

  8. Rio Grande LNG gets FTA export authorization

    NextDecade LLC has received US Department of Energy authorization to export LNG from its proposed Rio Grande LNG liquefaction plant in Brownsville, Tex., to Free-Trade Agreement countries. DOE authorized export of 27 million tonnes/year of LNG —equivalent to about 3.6 bcfd of natural gas—for a ...

    Online Articles

    Online Articles

    Fri, 9 Sep 2016

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