Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "FID"


9 mentions found


Delfin signs 15-year LNG supply agreement with Gunvor
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +1 min
Nov 27 (Reuters) - Delfin Midstream Inc said on Monday it had entered into a long-term liquefied natural gas (LNG) supply agreement with global commodity trader Gunvor. Delfin said in a news release its LNG plant in Louisiana will supply between 500,000 to 1 million tonnes of LNG per annum to Gunvor on a free-on-board basis at Delfin Deepwater Port for at least 15 years. Delfin has been developing the Delfin LNG Deepwater Port project supporting up to four floating LNG vessels with a combined export capacity of about 13.3 million tons per annum (MTPA), the release said. The company secured commercial agreements for LNG sales, liquefaction services and is in the final phase towards final investment decisions (FID) on its first three floating LNG vessels, the release added. Reporting by Deep Vakil and Rahul Paswan in Bengaluru; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.
Persons: Delfin Midstream, Delfin, Vakil, Rahul Paswan, David Gregorio Our Organizations: Delfin Midstream Inc, Delfin Deepwater Port, Delfin, Tellurian Inc, Singapore, Ltd, Thomson Locations: Louisiana, Mexico, Bengaluru
Factbox: US offshore wind projects facing inflation headwinds
  + stars: | 2023-09-11 | by ( ) www.reuters.com   time to read: +10 min
One megawatt (MW) can power about 1,000 U.S. homes but since wind is an intermittent resource - 1 MW of offshore wind can power about 500 U.S. homes, according to offshore wind developers. SOUTH FORKDenmark's Orsted (ORSTED.CO), the world's largest offshore wind power developer, is building the 132-MW project off Rhode Island and Massachusetts. COMMONWEALTH WINDThe 1,232-MW project off Massachusetts, which was formerly a part of the larger New England Wind project, is also facing potential delays. ATLANTIC SHORES OFFSHORE WIND SOUTHThe joint venture between Shell and French EDF is developing a large offshore wind park off New Jersey. MARWINMaryland's first offshore wind project is expected to start operations in 2025-2026.
Persons: Joe Biden, Kevin Lamarque, Joe Biden's, GW, Lazard, Vineyard, Orsted, Eversource, NYSERDA, Norway's Equinor, Avangrid, MARWIN, Nerijus Adomaitis, Nichola Groom, Scott DiSavino, Marguerita Choy Organizations: Federal, State, White, REUTERS, U.S, U.S . Department of Energy, Reuters, Washington , D.C, U.S . Energy Information Administration, Avangrid, Copenhagen Infrastructure Partners, Public Service Enterprise, Orsted, Eversource Energy, Rhode Island Energy, Dominion Energy, Virginia Beach, Dominion, NYSERDA, COMMONWEALTH, Shell, EDF, US, Italy's Renexia SpA, US Wind, Thomson Locations: Washington , U.S, U.S, New England, New York, Pennsylvania, Washington ,, Spanish, Copenhagen, Rhode Island and Massachusetts, New Jersey, Rhode, Connecticut, Orsted, VIRGINIA, Virginia, York, Long, Montauk, Massachusetts, French, ATLANTIC, Atlantic Shores, Italy's Renexia, Maryland
Snow covered transfer lines are seen at the Dominion Cove Point Liquefied Natural Gas (LNG) terminal in Lusby, Maryland March 18, 2014. REUTERS/Gary Cameron/File Photo Acquire Licensing RightsHOUSTON, Aug 30 (Reuters) - Long-term buyers of U.S. liquefied natural gas (LNG) are willingly agreeing to higher liquefaction fees at newer export projects, according to analysts and developers familiar with the matter. The U.S. emerged in 2022 as the world's second largest LNG exporter on plentiful supplies of natural gas and relatively low processing costs per metric ton of LNG. But rising interest rates and higher construction costs have pushed up liquefaction fees, also known as tolling fees. Other developers are turning to increased equity investment in new projects to reduce the impact of higher interest rates on finance costs, said Poten's Feer.
Persons: Snow, Gary Cameron, Lyle Hanna, Jason Bennett, Baker Botts, Bennett, it's, Jason Feer, NextDecade, Feer, Poten's Feer, Curtis Williams, Marguerita Choy Organizations: REUTERS, Rights, Commonwealth LNG, LNG, U.S, Henry, Poten, Partners, Reuters, of Fossil Energy, Carbon Management, Cheniere Energy, Thomson Locations: Lusby , Maryland, U.S, Ukraine, Rio Grande, Houston
Another factor that several conference participants identified as vital is that the projects must have customers signed up before FIDs are made. GREEN METHANOLMethanol is shaping up as having the best potential for Tasmanian hydrogen projects, since it can be used to decarbonise shipping, one of the sectors deemed hardest to shift away from fossil fuels. Methanol in Tasmania would be made from combining green hydrogen with wood waste or wood chips. The state-owned grid operator, TasNetworks, needs to build some new transmission lines and refurbish others to meet the additional electricity requirements. And finally, some wind power projects need also to get to FID, with the 1,000-MW Bass Offshore Wind Energy project now looking set to be the first cab off the rank.
Persons: ABEL, Marinus Organizations: Tasmanian Energy Development Conference, FIDs, ABEL Energy, Hydro, Energy, Reuters, Thomson Locations: LAUNCESTON, Australia, Australia's, Tasmania, Devonport, Bell, Tasmanian, Hydro Tasmania, Victoria, FID
After a dearth of plant approvals last decade, developers have secured dozens of long-term contracts to finance new multibillion-dollar LNG plants. The United States was long an importer of LNG, but natural gas discoveries and production from the shale revolution flipped the country into an LNG exporter in 2016. U.S. LNG exports hit 10.6 billion cubic feet per day (bcfd) in 2022, making the country the second biggest LNG exporter behind Australia. But their production volumes will allow the United States to remain ahead of output from Australia and Qatar. The seven U.S. export plants already in service, including Freeport LNG, can turn about 13.8 billion cubic feet of gas into LNG each day.
Feb 7 (Reuters) - Mexico Pacific said on Tuesday that a unit of Exxon Mobil Corp (XOM.N) had agreed to buy liquefied natural gas from the Mexican company's proposed Saguaro Energia LNG export plant in Sonora state. Mexico Pacific also said ExxonMobil has an option for 1 MTPA from Train 3 at the plant. One MTPA of LNG is about the same as 0.13 billion cubic feet per day of natural gas. The proposed three-train Saguaro Energia LNG facility is designed to produce about 14.1 MTPA of LNG from natural gas sourced from the Permian Basin in Texas and New Mexico. "We look forward to working with Mexico Pacific to continue growing ExxonMobil's LNG portfolio and deliver Permian natural gas to global markets," said Peter Clarke, senior vice president of LNG for ExxonMobil Upstream Co.
NextDecade increases LNG supply volume in deal with China's ENN
  + stars: | 2022-12-28 | by ( ) www.reuters.com   time to read: +1 min
SINGAPORE, Dec 28 (Reuters) - U.S. liquefied natural gas (LNG) developer NextDecade Corp (NEXT.O) announced it will increase the volume of LNG supplies in a sales and purchase agreement signed with China's ENN Natural Gas Co. Ltd. (600803.SS). Under the agreement, ENN via a wholly-owned subsidiary ENN LNG (Singapore) Pte Ltd, will now purchase 2 million tonnes per annum (mtpa) of LNG, up 0.5 mtpa from the original agreement, according to a statement by NextDecade dated Tuesday. Earlier in April, NextDecade announced it would supply 1.5 mtpa of LNG to a unit of China's ENN for a 20-year term. China was the world's top importer of LNG in 2021, shipping in 78.8 million tonnes of the chilled fuel that year. Of its total imports, nearly 9 million tonnes or 11% were from the United States, according to China's customs data.
Treapta principală a rachetei SLS a fost testată la Stennis Space Center, din Mississippi. Când va porni în primul zbor de încercare, probabil în cursul acestui an, racheta SLS va deveni cea mai puternică rachetă lansată vreodată în spaţiu. În urma apariţiei acestor avertismente, testarea motoarelor SLS a fost oprită în mod automat, de către calculatoarele care verifică integritatea rachetei. Treapta principală a rachetei a fost ancorată de o structură masivă din oţel, pe standul de testare B-2, din cadrul Centrului Spaţial Stennis. Administratorul în exerciţiu al NASA, Jim Bridenstine, a refuzat să declare că acest test a fost un eşec.
Persons: Artemis, John Honeycutt, Marshall, - lea, Jim Bridenstine, Kennedy Organizations: NASA, BBC, Stennis, Center, Green Run, Boeing Locations: Mississippi, Alabama, Florida
NASA a întrerupt ultimul test al rachetei SLS care va trebui să ducă oamenii pe LunăUn important test al noii "mega-rachete" construite pentru NASA s-a încheiat mai devreme decât ar fi trebuit, însă NASA a refuzat să caracterizeze testul drept un eşec, transmite BBC. Treapta principală a rachetei SLS a fost testată la Stennis Space Center, din Mississippi. În urma apariţiei acestor avertismente, testarea motoarelor SLS a fost oprită în mod automat, de către calculatoarele care verifică integritatea rachetei. Treapta principală a rachetei a fost ancorată de o structură masivă din oţel, pe standul de testare B-2, din cadrul Centrului Spaţial Stennis. Administratorul în exerciţiu al NASA, Jim Bridenstine, a refuzat să declare că acest test a fost un eşec.
Persons: Artemis, John Honeycutt, Marshall, - lea, Jim Bridenstine, Kennedy Organizations: NASA, BBC, Stennis, Center, Agerpres, Green Run, Boeing Locations: Mississippi, Alabama, Florida
Total: 9