JERA Co., Inc. agreed to acquire a 15.1pc stake for $1.4bn from Woodside Energy in the Scarborough gas field. ⇢ The Scarborough gas project will produce 8mn t/yr of LNG at Woodside's Pluto LNG facility from 2026, and Jera plans to secure LNG for the next 20 years. ⇢ Jera will not install carbon capture and storage technology in the Scarborough gas development, but could purchase carbon credits if CO2 emissions rise above the baseline set for the project. ⇢ Over the next 10 years, Jera will buy six LNG cargoes from Woodside, representing 4.6 percent of its current LNG handling. Story by Motoko Hasegawa at Argus Media: https://okt.to/gnxdzf 𝗦𝘁𝗮𝘆 𝗰𝘂𝗿𝗿𝗲𝗻𝘁 𝘄𝗶𝘁𝗵 𝗔𝗿𝗴𝘂𝘀 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿𝘀: https://okt.to/BhqXQK #lng #naturalgas #LNGexports #LNGMarkets #gassupply #markets #trade
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Energy and Commodity Sector Professional - Currently Head of India at Argus Media a Commodity Pricing and Market Reporting Company. Ex S&P Global Platts employee, 18+ Yrs of Business Management and Operations Experience
JERA Co., Inc. agreed to acquire a 15.1pc stake for $1.4bn from Woodside Energy in the Scarborough gas field. ⇢ The Scarborough gas project will produce 8mn t/yr of LNG at Woodside's Pluto LNG facility from 2026, and Jera plans to secure LNG for the next 20 years. ⇢ Jera will not install carbon capture and storage technology in the Scarborough gas development, but could purchase carbon credits if CO2 emissions rise above the baseline set for the project. ⇢ Over the next 10 years, Jera will buy six LNG cargoes from Woodside, representing 4.6 percent of its current LNG handling. Story by Motoko Hasegawa at Argus Media: https://okt.to/1qo9KP 𝗦𝘁𝗮𝘆 𝗰𝘂𝗿𝗿𝗲𝗻𝘁 𝘄𝗶𝘁𝗵 𝗔𝗿𝗴𝘂𝘀 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿𝘀: https://okt.to/t8oCz5 #lng #naturalgas #LNGexports #LNGMarkets #gassupply #markets #trade
Jera to invest $1.4bn in Australia's Scarborough gas
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Founder at Energies Invest™ & LNG Cluster™ | Energy Management Author | PhD Management, DBA | Public and Private Sector Energy Consulting
LNG News: Operations start at new LNG jetty in Germany's Stade Port 🌟📝 📝 Highlights: Germany’s Niedersachsen Ports has begun operating a newly constructed jetty built specifically to handle the offloading of LNG from floating storage and regasification units (FSRU). The Port of Stade is the second port in Lower Saxony to feature a dedicated LNG jetty that will be put into operation by Niedersachsen Ports following the completion of […] 🔗 Read more: https://lnkd.in/d-nYWYzJ 🌐 Visit: https://lnkd.in/grCFA2SN 🔍 Join the LNG Community: https://lnkd.in/gW8ZbcP2 #Comment and share your views. 🗨️ #lng #energy #biolng #GlobalMarkets #Innovation #LNGTechnology #LNGCluster #EnergyTransition #MarketInsights #IndustryAnalysis #Natgas #NaturalGas #Tech #economy
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LNG News: Shell Asks FERC to Force Venture Global LNG to Release Documents 🌟📝 📝 Highlights: Shell, one of the contracted customers to receive LNG from Venture Global's Calcasieu Pass LNG export facility, added its voice to BP's request with the Federal Energy Regulatory Commission (FERC) to release documents from Venture Global related to an ongoing delay in making the plant commercial. The Calcasieu Pass LNG export facility recently received FERC 🔗 Read more: https://lnkd.in/e6GTeAqc 🌐 Visit: https://lnkd.in/gvCrX7kR 🔍 Join the LNG Community: https://lnkd.in/gNsy94mG #Comment and share your views. 🗨️ #lng #energy #biolng #GlobalMarkets #Innovation #LNGTechnology #LNGCluster #EnergyTransition #MarketInsights #IndustryAnalysis #Natgas #NaturalGas #Tech #economy
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Founder at Energies Invest™ & LNG Cluster™ | Energy Management Author | PhD Management, DBA | Public and Private Sector Energy Consulting
LNG Global News: Westport Wins Contract to Adapt Next Generation LNG HPDI for Euro 7 Standards 🌟📝 🔍 LNG Insights: The latest in the LNG Industry. #LeaveaComment ! 📝 Highlights: Westport Fuel Systems Inc., a supplier of advanced alternative fuel systems and components for the global transportation industry, has been awarded a 🔗 Read More: https://lnkd.in/gVNBTAJB 🌐 Visit: https://lnkd.in/grCFA2SN to learn more. Join the Conversation! Your comments are invaluable. #Comment below to share your views. 🗨️ #lng #energy #biolng #GlobalMarkets #Innovation #LNGTechnology #LNGCluster #EnergyTransition #MarketInsights #IndustryAnalysis #Natgas #NaturalGas #Tech #economy
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LNG Global News: Westport Wins Contract to Adapt Next Generation LNG HPDI for Euro 7 Standards 🌟📝 🔍 LNG Insights: The latest in the LNG Industry. #LeaveaComment ! 📝 Highlights: Westport Fuel Systems Inc., a supplier of advanced alternative fuel systems and components for the global transportation industry, has been awarded a 🔗 Read More: https://lnkd.in/gvh-fGcV 🌐 Visit: https://lnkd.in/gvCrX7kR to learn more. Join the Conversation! Your comments are invaluable. #Comment below to share your views. 🗨️ #lng #energy #biolng #GlobalMarkets #Innovation #LNGTechnology #LNGCluster #EnergyTransition #MarketInsights #IndustryAnalysis #Natgas #NaturalGas #Tech #economy
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Founder at Energies Invest™ & LNG Cluster™ | Energy Management Author | PhD Management, DBA | Public and Private Sector Energy Consulting
LNG News: Shell Asks FERC to Force Venture Global LNG to Release Documents 🌟📝 📝 Highlights: Shell, one of the contracted customers to receive LNG from Venture Global's Calcasieu Pass LNG export facility, added its voice to BP's request with the Federal Energy Regulatory Commission (FERC) to release documents from Venture Global related to an ongoing delay in making the plant commercial. The Calcasieu Pass LNG export facility recently received FERC 🔗 Read more: https://lnkd.in/eUfw63FS 🌐 Visit: https://lnkd.in/grCFA2SN 🔍 Join the LNG Community: https://lnkd.in/gW8ZbcP2 #Comment and share your views. 🗨️ #lng #energy #biolng #GlobalMarkets #Innovation #LNGTechnology #LNGCluster #EnergyTransition #MarketInsights #IndustryAnalysis #Natgas #NaturalGas #Tech #economy
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New Fortress Energy (NFE) sees LNG as a growing and promising industry in Brazil due to synergies with domestically produced natural gas, the US company’s local chief Leandro Cunha told BNamericas Cunha said LNG has the particularity of offering commercial versatility, both in large-scale and small-scale operations. To illustrate the point, he referred to the emerging model of contracting thermoelectric plants via backup capacity contracts. “These agreements, which require total flexibility, find that LNG is more viable than natural gas, given the unavoidable supply flexibility that thermoelectric plants require,” Cunha said. #lng #gas #fsru https://lnkd.in/dSicmmUY.
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New Fortress Energy (NFE) sees LNG as a growing and promising industry in Brazil due to synergies with domestically produced natural gas, the US company’s local chief Leandro Cunha told BNamericas Cunha said LNG has the particularity of offering commercial versatility, both in large-scale and small-scale operations. To illustrate the point, he referred to the emerging model of contracting thermoelectric plants via backup capacity contracts. “These agreements, which require total flexibility, find that LNG is more viable than natural gas, given the unavoidable supply flexibility that thermoelectric plants require,” Cunha said. #lng #gas #fsru https://lnkd.in/dSicmmUY.
New Fortress Energy (NFE) sees LNG as a growing and promising industry in Brazil due to synergies with domestically produced natural gas, the US company’s local chief Leandro Cunha told BNamericas Cunha said LNG has the particularity of offering commercial versatility, both in large-scale and small-scale operations. To illustrate the point, he referred to the emerging model of contracting thermoelectric plants via backup capacity contracts. “These agreements, which require total flexibility, find that LNG is more viable than natural gas, given the unavoidable supply flexibility that thermoelectric plants require,” Cunha said. #lng #gas #fsru https://lnkd.in/dSicmmUY.
BNamericas - Why New Fortress Energy sees LNG as a promis...
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Founder at Energies Invest™ & LNG Cluster™ | Energy Management Author | PhD Management, DBA | Public and Private Sector Energy Consulting
In the News: Awilco LNG reports Q3 net profit of $3.3 million 🌟 Discover the latest in the world of LNG and energy! Check out this insightful piece. 💡🌍 Norway-based shipping firm Awilco LNG, the owner of two 156,000-cbm carriers, reported a net profit of $3.3 million for the third quarter of this year compared to a net loss in the same period last year. 🔗 [Learn more: https://lnkd.in/gSZPy-G8] #LNG #Energy #LNGCluster #EnergyCompact
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Woodside Energy recently announced its acquisition of Tellurian Inc. for $1.2 billion to further cement itself as a ‘global LNG powerhouse’. A big part of this deal is for phase 1 of the Driftwood LNG project to reach FID readiness by 2025. Driftwood LNG would have 4 phases of development eventually totaling 27.6 mtpa. How would Driftwood LNG reaching FID affect the global market? Where would this #LNG flow to amidst declining #gasdemand from #Europe due to #energytransition policies and lower industrial output? Find out with the G2M2® Market Simulator for Global Gas and LNG™ Learn more about G2M2 here: https://lnkd.in/gJFhsu_v
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