Cheniere and PetroChina sign LNG sales agreement

Cheniere Energy’s subsidiary, Cheniere Marketing, has entered into a long-term LNG Sales and Purchase Agreement (SPA) with PetroChina. As per the agreement, PetroChina’s subsidiary, PetroChina International Company Limited (PCI), has agreed to purchase up to approximately 1.8 million tpy of LNG from Cheniere Marketing on an FOB basis. Deliveries under the SPA will begin in

Trials on hydrogen generator completed

HS2 construction site in London has held successful trials for two zero-emissions hydrogen fuel cell-based electricity generators – cutting carbon and improving air quality for workers and the local community. Tested and commissioned on site in August 2021 by HS2’s mains work civils contractor Skanska Costain STRABAG (SCS JV), the trial shows that the products

TotalEnergies commences FEED studies

TotalEnergies said it will launch the first phase of front-end engineering and design (FEED) studies for the Papua LNG project’s upstream production facilities in Papua New Guinea (PNG). The Papua LNG project is well positioned to contribute to growth in LNG supply worldwide, especially for customers in Asia seeking to decarbonise from coal to gas,

ACWA Power commences work on world’s largest green hydrogen project

ACWA Power and its partners have begun the construction work at the world’s largest green hydrogen project in NEOM. The plant will need around 4.3 GW of clean energy to power it, and ACWA plans to use solar during the day and wind at night to eliminate the need for batteries and expensive storage solutions.

NIOC and Gazprom agree for development of three major gas assets

Iranian state-owned NIOC has signed an agreement with Russia’s state-controlled Gazprom covering co-operation on the development of three major gas assets. As part of the deal, the firms will work together on the 55 trillion ft³ (1.6 trillion m³) Kish and the 57.1 trillion ft³ North Pars fields, and to boost pressure levels at the

Nippon Steel purchases LNG shipment at most expensive price  

Nippon Steel has purchased a liquefied natural gas shipment at the highest price ever paid in Japan amid growing fears of disruptions of LNG supplies from Russia. The world’s second-largest steelmaker bought an LNG cargo for delivery in September at a price of $41 per million British thermal units (mmBtu), most likely supplied by a

Russia defaults on gas supplies to GAIL

Russia has defaulted on the supply of at least 5 cargoes or shiploads of LNG to India after its retaliatory sanctions hit one of the companies that supply gas to India. India’s largest gas firm GAIL has a long-term deal to import 2.85 million tonnes of liquefied natural gas (LNG) per annum from a Singapore-based

GreenZo Energy to set up 50 MW hydrogen capacity in Nepal

GreenZo Energy will set up green hydrogen capacities totalling 50 MW at various locations in Nepal. The company has signed a memorandum of understanding (MoU) with API Power Company Limied to develop 50 MW green hydrogen plants. The plant can generate 4,000 million tonnes of hydrogen annually within a span of three years. Under the

Gazprom cannot guarantee gas deliveries to Europe

Russia’s Gazprom says it cannot guarantee natural gas deliveries to European customers – as its exports to China hit an all-time high. Russia’s Gazprom has tried to claim “force majeure” — or an act of God — in its natural gas contracts with European buyers. Force majeure clauses allow parties to be released from their

Project on shipping hydrogen from Portugal to the Netherlands moves ahead

Shell, Engie, Anthony Veder and Vopak have agreed to study the feasibility of shipping hydrogen from Portugal to the Netherlands. The new collaboration has indicated the progress for a project that was hit by the exit of Portugal’s two largest energy companies last year. The companies plan to produce 100 t/d of hydrogen via electrolysis