GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
State-owned energy network operator Gasunie and storage specialist Vopak entered into a principle agreement whereby Vopak will acquire 50% of the shares in EemsEnergyTerminal.
[Read more…] about Vopak to become shareholder in EemsEnergyTerminalJapan’s Inpex Corp said on Tuesday it has submitted a revised development plan to Indonesian government authorities for the Abadi liquefied natural gas (LNG) project incorporating a carbon capture and storage (CCS) component.
[Read more…] about Japan’s Inpex submits revised development plan for Abadi LNG projectChina National Offshore Oil Cooperation (CNOOC) announced on Wednesday that the last two component modules among a total of 35 contracted modules for Canada LNG (liquified natural gas) project were delivered in Qingdao, East China’s Shandong Province.
[Read more…] about CNOOC delivers last two component modules for Canada LNG projectChevron and JERA have signed a Memorandum of Understanding (MOU) that provides a framework for their collaboration on carbon capture and storage (CCS) projects located in the United States and Australia.
[Read more…] about Carbon capture and storage projects in US and AustraliaTotalEnergies announces the start of gas production from onshore Block 10 in the Sultanate of Oman as well as an agreement with Oman LNG for a long-term LNG purchase contract.
[Read more…] about TotalEnergies is rolling out its integrated gas strategyHyundai Heavy Industries Group has developed what it says is the first LNG and hydrogen engine in South Korea.
[Read more…] about South Korea’s Hyundai develops LNG and hydrogen engineEquinor and its partners in the Arctic Snoehvit gas field will invest 13.2 billion Norwegian crowns ($1.34 billion) to upgrade the Hammerfest liquefied natural gas plant.
[Read more…] about Equinor and partners to invest $1.3 bln in LNG upgradeChina is making fast inroads in the market for new build liquefied natural gas (LNG) tankers as local and foreign shipowners turn to its shipbuilders for the speciality vessels because long dominant yards in South Korea are fully booked.
[Read more…] about China shipyards feast on record LNG tanker ordersEuropean countries’ imports of Russian LNG increased more than 40 percent between January and October this year (17.8 billion cubic meters) compared to the same period in 2021.
Russian LNG is not subject to sanctions by the EU.
In fact, Russian gas is considered essential to the energy security of some European countries. Yet there is nothing to stop Putin from cutting back on these gas supplies as well in retaliation for anti-Russian measures by the West. This could still force the EU to purchase the gas on the more expensive spot market.
France, Belgium, Spain, and the Netherlands accounted for almost all volumes.
Most Russian LNG is supplied by the Yamal LNG joint venture, which has Russian gas producer Novatek as its main shareholder. French energy giant Total is also in Yamal LNG, by the way.
This proves how difficult it is for Europe to break away from the Kremlin’s energy apparatus. Despite other boycotts of Russian energy products.
Shell has been selected to participate in the next wave of Qatar’s LNG expansions – the North Field South project (NFS).
[Read more…] about Shell selected as partner in North Field South LNG project
