Industry News
19/06/2018 03:30pm
Industry experts have identified the potential for a supply shortage by mid-2020 unless new LNG production projects come online, which leads to the question; how are LNG developers responding to the emerging shortfall? By downloading this eBook you'll find out:
18/06/2018 04:15pm
Looking at LNG as a marine fuel, the IEA, in their 2017 World Energy Outlook estimates the market potential to 26 million tons per annum by 2030. According to DNV, LNG could account up to one-third of marine fuels by 2050. The IMO requirement that marine bunkers contain no more than 0.5% sulphur by 2020 which will have a dramatic impact on the operations of all of the world’s marine vessels. There is no ‘one-size-fits-all’ solution and there are numerous alternative fuels and hybrid solutions coming on the market.
18/06/2018 04:00pm
Natural gas has many environmental advantages compared to oil or coal-produced electricity including the reduction in CO2 emissions as well as other environmental benefits such as a massive reduction of NOx which contributes to a better climate globally. However, a real challenge for the industry is trying to ensure the greater market truly understand the benefits LNG can bring. 
11/06/2018 02:45pm
With many floating LNG projects looking likely to take FID this year and with the FLNG market expected to reach a capacity of 278 mtpa by 2024, it is no surprise that the evolving technology is considered to be a game changer for the liquefaction industry. As the industry continues to face a new and complex regulatory landscape it is essential the floating LNG concepts evolve with the industry. 
11/06/2018 02:45pm
The LNG market is growing worldwide, with a special focus on gas-to-power projects. Planned new power plants and existing ones, aiming to switch to a cleaner fuel such as LNG, are striving to reach a final investment decision (FID). In many cases the projects are located in islands, archipelagic countries, emerging countries, or in general are intended to supply the demand of new consumers willing to purchase relatively reduced amounts of LNG.
11/06/2018 02:30pm
FLNG is being widely considered as a solution to cost pressures in the industry. FLNG eliminates the need for a pipeline to shore for offshore fields and it also reduces some of the regulatory hurdles associated with plants constructed on land. Modularised construction allows fabrication under higher levels of productivity and quality control than prevail at remote locations, saving substantial cost and after exhausting one remote field, an FLNG facility can be moved to another stranded gas opportunity producing further revenues.
06/06/2018 02:30pm
The Magnolia LNG (MLNG) project is an 8 mtpa, four train liquefaction project to be built on an existing LNG shipping canal in the Port of Lake Charles, Louisiana USA. The project is “construction ready” with all permitting, design, contracting and equity arrangements in place to enable construction to start immediately upon finalization of LNG offtake agreements. The project is fully de-risked and ready to proceed.
06/06/2018 02:30pm
The next year and a half is going to be busy for liquefaction project finance in Mozambique. After the 3.4-MMt/y Coral South floating liquefaction (FLNG) project was successfully funded last year, the East African country’s first two land-based schemes, which could each cost over $20 billion, are being prepared for an approach to financiers.
06/06/2018 02:30pm
With the continued exploration of North America’s prolific Permian Basin, and the Eagle Ford Shale, various Y-Grade NGL pipeline projects with fractionation plants are planned to connect to the Corpus Christi region.  These include the EPIC Y-Grade and Permico Energia pipeline projects.  Additionally, several major Natural Gas pipeline projects are proposed from West Texas in addition to the existing Natural Gas pipelines from production areas that are all part of the vast Natural Gas Pipeline network extending to the Port of Corpus Christi. 
30/05/2018 10:30am
Canada has and should continue to expand its role as a Natural Gas supplier of choice to the world. The cautionary concerns are not markets, demand, resources or economics; but signals of regulatory confusion or activist interference. The industry and public can actively engage with vocal support to halt the pattern of activist interference in Canadian resource development.
30/05/2018 10:30am
As the number of U.S. LNG export projects expands, marketers and fundraisers are succeeding in accessing a broader range of import customers. Innovative strategies include tapping equity markets, vertically integrating projects, exporting to small-scale markets and introducing ceilings and floors into liquefaction contracts. Marketers of American LNG are depending on the deep, liquid financial markets, strong rule of law and low political risk to support these efforts.
30/05/2018 10:00am
In 2017, global LNG trade increased by nearly 10%, the strongest growth in a decade. Arguably, the LNG market is expanding both in size and complexity. But can we expect more diversity? The time of the cosy LNG market has gone. Looking at the matrix constituted by the 19 exporting and 40 importing countries, we see a multiplication table of nearly 800 possibilities. Not only has the LNG market gone global, but it is multilateral and this new dimension is already bringing an intrinsic diversity to the business.
23/05/2018 10:15am
Located at the heart of Europe and an important hub for the European natural gas transport system, Gascade’s natural gas pipeline grid is approximately 2,4000 kilometres long and links customers and suppliers across Germany. Keen to hear more about the EUGAL pipeline and the future flows of energy, Gastech Insights spoke with EAGC 2018 Governing Body Member and Head of Market Area Management and Business Development at Gascade, Ludger Hümbs.
23/05/2018 10:00am
Natural gas is expected to become the fastest-growing fuel globally by 2040, with a demand rise of more than 55%, as reported by the International Energy Agency, between 2010 and 2040. Bringing numerous benefits, it is important the gas industry must truly promote the opportunities gas brings.
23/05/2018 09:45am
Since the liberalisation of the European gas markets, policy analysts agree the EU gas markets have radically evolved. With more LNG entering the markets and with an increasing number of gas pipelines coming into action, the European gas industry continues to grow and change.