Updated Sep 25, 2024
9/25/24
As it awaits the closure on its acquisition of Tellurian Inc., Woodside Energy Group Ltd. is forging ahead landing equity partners and customers that can help it optimize the Driftwood LNG project and its new North American foothold, CEO Meg O’Neill said.
NO. 1: FERC has requested more information from Venture Global LNG Inc. about the potential air pollution from the company’s CP2 export project.
Jera Co. Inc., one of the world’s largest LNG buyers, has secured a 15.1% stake in Woodside Energy Group Ltd.’s Scarborough project as it continues to look for stable long-term supply for Japanese power production.
Some of Japan’s largest LNG players are voicing concern about the timeline of FERC’s authorization decision on Venture Global Inc.’s Calcasieu Pass 2 (CP2) LNG project as they try to balance the country’s long-term natural gas supply outlook.
Jera Co. Inc. has signed on as an offtaker from Venture Global LNG Inc.’s CP2 export project under development in Cameron Parish, LA.
A roundup of news and commentary from NGI’s LNG Insight
Global natural gas prices were muted on Monday as Europe’s Title Transfer Facility (TTF) continued trading sideways, the Japan-Korea Marker (JKM) followed and prices in the United States remained at some of the lowest levels in years.
Jera Co. Inc., Japan’s leading power producer and one of the world’s top buyers of LNG, has signed two tentative agreements for ammonia supply that include exploring plans for a Gulf Coast production facility fed by low-carbon natural gas.
Japan, one of the world’s leading LNG buyers, is shifting its focus on securing energy supplies to next year as its inventories have been boosted by lower demand and the market is expected to become increasingly tight as Europe continues replacing Russian natural gas imports.
Some of the largest Japanese offtakers of U.S. LNG met with federal and Alaskan officials during a summit in Japan to discuss developing an export project that could connect North Slope natural gas to a supply-short Asian market.