Tanks & terminals

The US Energy Information Administration (EIA) reports that US exports of natural gas set a record high in the first half of 2023.

Australia’s oil and gas sector says strong future LNG export earnings underscore the need for regulatory certainty in areas such as project approvals to encourage new gas supply investment.

INPEX Corp., Air Liquide Group, LSB Industries Inc., and Vopak Moda Houston LLC have agreed to collaborate on the development of a large-scale, low-carbon ammonia production and export project on the Houston Ship Channel.

NextDecade has announced that its subsidiary, Rio Grande LNG, has entered into a credit agreement with a group of lenders for US$356 million of senior loans.

Vopak has announced that it has reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam, the Netherlands for a total purchase price of €407 million.

The EIA reports that the US exported more LNG than any other country in the first half of 2023.

The US is set to contribute 46% of the total LNG liquefaction capacity additions between 2023 and 2027, reports GlobalData.

A final investment decision has been taken to expand Gate terminal’s storage and regasification capacity.

Commonwealth LNG has announced that it has closed an investment of development capital from private funds managed by Kimmeridge Energy Management Company, LLC, an alternative asset management firm focused on the energy sector.

Elliott Group has announced that it has won an order to supply cryogenic rotating equipment for the Port Arthur LNG Phase 1 project in Jefferson County, Texas, US.

The US Energy Information Administration (EIA) expects LNG import capacity to increase in 2023–24 and reports that several countries are in advanced stages of developing LNG import capacity.

Woodside has entered into a sale and purchase agreement with LJ Scarborough Pty Ltd (LNG Japan) for the sale of a 10% non-operating participating interest in the Scarborough Joint Venture.

Crown LNG and Catcha have announced a definitive agreement for a business combination that would result in Crown becoming a US publicly listed company.

Air Products has announced it has signed agreements with Bechtel Energy Inc. to supply its LNG process technology and equipment to NextDecade's Rio Grande LNG project.

United Energy Corp., a natural gas producing energy company, has announced a joint venture (JV) partnership with Bridge Energy.