More Oil & Gas Transportation News

Agreements advance plans for FSRU off Puerto Rico

Apr 9, 2014

Excelerate Energy, Houston, and the Puerto Rico Electric Power Authority (PREPA) have executed agreements for the procurement, construction, and operation of the Aguirre Offshore GasPort LNG terminal off the southern coast of the country, the company reported.

GlobalData: US needs to ‘fast-track’ LNG exports to compete in global market

Apr 9, 2014

The US’s lack of approved export terminals has prevented energy companies from competing in the growing global LNG market, despite the fact that the country is now the world’s largest natural gas producer, said an analyst with research and consulting firm GlobalData.

US House subcommittee passes bill to facilitate LNG exports

Apr 9, 2014

A US House Energy and Commerce Committee subcommittee voted to forward a bill aimed at facilitating approvals of US LNG exports to the full committee. The Energy and Power Subcommittee’s action by 15 to 11 votes was along party lines, with Republicans favoring the move and Democrats opposing it.

Trinidad and Tobago signal BP, BG for larger stake in ALNG train

Apr 8, 2014

The Trinidad and Tobago government has signaled to BP PLC and BG Group that it wants a bigger share of the ownership of Atlantic LNG’s Train 1 when the companies negotiate a new gas supply contract for ALNG.

CPF hull block erected for Ichthys LNG project

Apr 8, 2014

Inpex Corp. says the first large hull block has been erected for the central processing facility (CPF) for the Ichthys LNG project.

South Africa authorizes 13.2-million bbl Oiltanking crude terminal

Apr 7, 2014

The government of South Africa has granted Oiltanking MOGS Saldanha RF Pty. Ltd. (OTMS), a joint venture of OTGC Holdings Pty. Ltd. and MOGS Pty. Ltd., environmental authorization for a 13.2-million bbl commercial crude oil blending and storage terminal, comprising twelve in-ground concrete tanks, at Saldanha Bay.

OGJ Newsletter

Apr 7, 2014

International news for oil and gas professionals

LNG Ltd. unit appoints top executives

Apr 7, 2014

Liquefied Natural Gas Ltd. has named John G. Baguley as chief operating officer and Rick R. Cape as chief commercial officer for the company’s wholly owned, Houston-based subsidiary Magnolia LNG LLC (MLNG). Both executives will report directly to Maurice Brand, MLNG president.

New Russian export regime will spur ULSD exports

Apr 7, 2014

Russia is introducing a new regime of oil export duties that is changing the type of products refiners produce and export to global markets.

LNG UPDATE Global LNG supply, demand remain tight

Apr 7, 2014

As 2014 began, global LNG supply and demand remained largely in balance. Only two liquefaction plants came on stream last year, while several new or expanded terminals, especially in Asia, easily helped demand keep pace with supply.

AMP files FERC request for abandonment of Midla Pipeline

Apr 3, 2014

American Midstream Partners LP (AMP) has filed a request with the US Federal Energy Regulatory Commission to abandon use of its 1920s vintage Midla “Mainline” pipeline.

Cheniere, Endesa sign Corpus Christi LNG deal

Apr 2, 2014

Corpus Christi Liquefaction LLC, a subsidiary of Cheniere Energy Inc., has signed an LNG sale and purchase agreement (SPA) with Spanish multinational Endesa Generacion SA in which Endesa has agreed to purchase 1.5 million tonnes/year of LNG upon the commencement of operations from the LNG export facility under development near Corpus Christi, Tex.

Senate Republicans introduce energy amendment to jobs bill

Apr 2, 2014

Three Republican members of the US Senate Energy and Natural Resources Committee introduced legislation that would approve the Keystone XL crude oil pipeline and expedite applications to export US LNG as an amendment to the Unemployment Insurance Extension Bill.

East Timor not entitled to Bayu-Undan gas pipeline tax, Australia warns

Apr 1, 2014

The Australian government has written to East Timor to warn that the East Timorese are not entitled to tax the natural gas pipeline from the Bayu-Undan gas-condensate fields in the Timor Sea to the Darwin LNG plant operated by ConocoPhillips.

ANR receives 2 bcfd of shipper commitments for SEML

Mar 31, 2014

TransCanada Corp.’s ANR Pipeline system has secured almost 2 bcfd of firm natural gas transportation commitments on its Southeast Main Line (SEML) for an average term of 23 years, with roughly 1.25 bcfd beginning this year and the balance next. The company said it is reviewing options for further expansion of SEML.

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