LNG
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History
THE BIG PICTURE: A Gas Trade Transformation (Infographic)
According to the International Energy Agency, global natural gas trade has grown by more than 40% over the past 15 years. Over the next five years, current trade flows are expected to significantly diversify, boosted by development of liquefied natural gas (LNG) infrastructure. LNG trade, which grew by 11% in 2017 to 391 billion cubic […]
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Gas
GE Part of $5.8 Billion Investment in Bangladesh
GE Power and the government of Bangladesh on July 11 announced two major power generation deals, with GE part of joint ventures involving power plants along with oil and liquefied natural gas (LNG) terminals. Bangladesh is investing in energy infrastructure to reduce its reliance on imported LNG for energy production. About 30% of the country’s […]
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Legal & Regulatory
FERC Thwarts ISO-NE’s Attempt to Keep Mystic Gas Units Online
The Federal Energy Regulatory Commission (FERC) on July 2 denied ISO-New England’s (ISO-NE’s) request for a tariff waiver to keep two gas-fired units—a total capacity of 1,700 MW—at Exelon’s Mystic Generating Plant in Boston, Massachusetts, running to address “fuel security risks.” The commission instead gave the grid operator a year to submit permanent tariff revisions […]
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Legal & Regulatory
Trump Administration’s ‘All-of-the-Above’ Strategy Stresses Export Role for Natural Gas
The Trump administration, which is considering subsidizing baseload coal and nuclear power for resiliency and “national security,” is pursuing an “all-of-the-above” energy strategy that emphasizes natural gas exports, said Energy Secretary Rick Perry at the World Gas Conference this week in Washington D.C. In a keynote speech on June 26, Perry described the shale gas […]
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Renewables
Bangladesh Announces LNG Power Plants as Part of Generation Expansion
The state-owned North-West Power Generation Co. Ltd. (NWPGCL) in Bangladesh in early November announced plans to build a 3,600-MW regasification liquefied natural gas (LNG) combined cycle power plant in the
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Renewables
POWER Digest [November 2017]
Giant UK Tidal Lagoon Project Secures Grid Connection Deal. Tidal Lagoon Power’s project to build a full-scale 3.2-GW tidal lagoon power plant in the Severn Estuary in Swansea Bay to harness strong tides on
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Gas
Low LNG Prices Fuel Interest in LNG-to-Power Projects
Stricken by falling prices, producers of liquefied natural gas (LNG) are looking to exploit an emerging trend that integrates the fuel source with power generation. According to Houston-based international law firm Baker Botts, an increasing number of LNG power projects are emerging worldwide as a “new, viable medium” that offers a rapid but long-term power […]
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Gas
U.S. LNG Exports Surge in 2016—But Not Where They Were Expected [Updated]
The U.S. took a big step toward becoming a major exporter of liquefied natural gas (LNG) in 2016 as Cheniere Energy’s Sabine Pass export terminal in Louisiana came online early last year and upgrades to the Panama Canal that opened in June made shipments to the Pacific region considerably easier. Data from the Department of […]
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Gas
Tightening Market Boosting Gas Prices as Exports Boom
The U.S natural gas market may be poised for a return to its traditional volatility as record power burn and rapidly growing exports are colliding with flat production, analysts are beginning to warn. After years of growth from hydraulic fracturing, production in April 2016 fell year-over-year for the first time since 2006, according to the […]
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Gas
Second Shipment of U.S. LNG Reaches Europe as Producers Seek New Markets
Hopes that the beleaguered U.S. shale gas industry can find new markets have come to fruition as the second shipment of liquefied natural gas (LNG) was unloaded at a European port on July 22, with the promise of more to come. After being loaded at the Cheniere-owned Sabine Pass Terminal in Louisiana (Figure) on July […]