Discover and read the best of Twitter Threads about #lng

Most recents (21)

Before we embark on our next gas-fired recovery, it might be worthwhile checking in to see how the last one is going. So here is an around the country tour of the #LNG boom starting in Queensland. 1/11
Building 3 plants next to each other on Curtis Island at the same time was outrageously wasteful. @Santos' Gladstone plant has never been full and gas supply will only tighten, so let's not assume new east coast supply will help the local market. 2/11
afr.com/companies/ener…
@SantosLtd has just taken over the Darwin LNG plant that is likely to be empty in a few years when gas from Bayu Undan dries up. The partners have had a decade to plan a new supply and all they have is the possibility of Barossa, that is full of CO2. 3/11 boilingcold.com.au/santos-dirty-b…
Read 11 tweets
While the purchase of @Nblenergy
makes @Chevron a dominant Permian player, its international component is also a big development in East Med gas markets, and potentially a turning point for Israel's threatened #natgas market. Lets dive in (Thread) #lng #energy #oott #energy
Noble operates the two largest #natgas fields in Israel, Leviathan and Tamar, which hold a combined capacity of 2.4 Bcfd—well above Israeli’s domestic demand. ~70% of this production is locked into long-term sales deals, with an average sale price of $5.50/MMbtu
It has not been smooth sailing though. Noble and Delek have been hit hard by COVID, both selling assets & cutting capex to meet financial obligations. Further, production from Leviathan/Tamar has been capped at 50% cap in 2020 due to demand destruction & infrastructure issues
Read 9 tweets
So, @RWE is trying to gain public support for its #LNG terminals in Germany by leading us to believe there is a #hydrogen future. Let us unpack this a little (THREAD):

germanlng.com/wp-content/upl…

@peteraltmaier @SvenjaSchulze68 @GheorghiuAndy @ConstZerger
1/ The #LNG infrastructure planned is not ready for H2. @TUHamburg explains that you need a temperature of <-250C for liquified H2, vs <-100C for liquified gas, we are yet to see plans that show the design can cope. Well explained here in @TspBackgroundEK background.tagesspiegel.de/energie-klima/…
2/ Shipping H2 is something that people working in the #maritime industry are wary of. It is highly flammable and the safety risks associated would drive up insurance premia. Given low energy density, you'd need many more loads for same value --> expensive.
Read 8 tweets
@Qatargas will choose partners for its massive #LNG expansion by year-end & its not unlikely #Qatar will choose an Asian NOC, such as China's CNPC or CNOOC, as a core partner. Why? Well its never just about economics in the Gulf #oil and #gas (thread) #OOTT #ONGT
Choosing an Asian equity parter would reflect how #LNG is more than just an export for Qatar, it's a tool for the small #GCC nation, currently embargoed by its neighbors, to create global interdependencies
This makes even more sense given the difficulty #Qatar is having resigning long-term contracts amidst its marriage to oil-indexation. Bringing on end-users as equity partners is the perfect solution here. As the chart shows, the scale of Qatar's uncontracted position is massive
Read 8 tweets
Just a reminder that when I first got the inside tip about the info am about to publish on #Lebanon's FSRU bids & the scandals attached to it the former cabinet was still in power
I had given the tip to an international newswire but the reporter was too lazy to write it, so I did
Wasted Energy

The Lebanese government may find itself in hot waters as one bid by a #Qatar-led energy consortium for a multi-billion dollars #gas-related project, included a legal slip enabling the latter to solely change its price after being awarded the contract.
The contract to build the country’s multiple Floating Storage and Re-gasification Units (FSRUs), as well as its Liquified Natural #Gas ( #LNG) pipelines, is yet to be awarded.
Once set, the project will supply Lebanon’s power plants with gas, and give Lebanon the capacity
Read 44 tweets
THREAD on the impact of low prices on #LNG

1- Low oil prices will hit US LNG, Qatar LNG, and Russia LNG really hard. Russian govt probably did not count the cost of lower natural gas & LNG prices (they are oil-linked) when it decided not to participate in OPEC+ cut
2- With Brent around $37/b, US LNG is NOT competitive with traditional LNG suppliers with oil-linked contracts such as Qatar, Algeria, and Indonesia. Historically, all #LNG contracts around the world were oil-linked until Cheniere came up with the idea of HH LNG pricing.
3- #Qatar & all traditional LNG exporters with oil-linked LNG contracts will be hit hard by the collapse in oil prices. Qatar exports are equivalent to 5 mb/d of oil, if I remember correctly. All LNG companies operating in Australia will be hit especially hard with the oil rout
Read 6 tweets
Thread (1/8): Woher stammen eigentlich die Daten zu #Methan-Leckagen aus Russland? Ein Lehrstück darüber, wie mit veralteten und nicht überprüfbaren Daten immer wieder neue Botschaften erzeugt werden. #Erdgas #Klimakrise #NordStream2 #NoLNG #NoFracking
(1/8) Für die Daten aus Russland zitiert etwa das @Umweltbundesamt in seinen Publikationen (z.B. in dieser: umweltbundesamt.de/publikationen/…) eine Studie der @DBI_Gruppe. Übrigens eine Tochter des @DVGW, also alles #Erdgas-Branchen-intern.
(2/8) Die DBI-Studie ist diese: „Kritische Überprüfung der Default-Werte der Treibhausgasvorkettenemissionen von #Erdgas. Abschlussbericht, Dezember 2016“. Dort muss man wiederrum nach der Quelle für die Daten aus Russland suchen. Wer errät die Quelle?
Read 9 tweets
My former gas pipeline engineer pal is on a roll this morning: 'Now we know how much power it takes to make #LNG: it's equivalent to fueling a large coal plant in Alberta, & does absolutely nothing other than basically throw all that CO2 in the air just to put methane in a boat.'
"Considering all the costs, delays, fighting for a right of way, environmental damage, wouldn't it have been simpler and more effective to just sell the fracked gas to Alberta, and build a pipeline to convert even 1 coal plant there to natural gas?" Not to mention cleaner..
"This would save the country and the planet from burning more CO2 than this whole LNG project does, as it ships what's left all the way to Asia. Right now, for example, 4 coal plants are running in that power range [LNG Canada takes 420 MW to refrigerate methane into LNG]."
Read 9 tweets
1•Küresel LNG fiyatları, artan üretim, düşük tüketim artış hızı, dolu yeraltı depoları ve ılık 2019 kışı nedeniyle Ocak 2019-Ağustos 2019 döneminde hızla düştü.
2•Ağustos 2019-Aralık 2019|@Shell’in operatörü olduğu Mısır’ın Idku terminalinden yapılan #LNG ihracatı %80 azaldı. ImageImage
3•Aralık 2019|Mısır,LNG tankerlerinin hava koşulları nedeniyle Akdeniz’de navigasyon yapamadığını öne sürerek Idku’dan yaptığı LNG ihracatını azaltt.
4•Ocak 2020|Mısır, spot LNG kargo satışlarını azaltma ve alıcılarla uzun vadeli LNG satış koşullarını görüşme kararı aldı. ImageImage
5•Şubat 2020|İsrail’den Mısır’a gaz ihracı yapılan İsrail-Mısır boru hattı sıkı korunan Sinai Yarımadasında teröristlerce patlatıldı.
6•Şubat 2020|İsrail Altyapı Bakanlığı, Leviathan’da yapılan üretimin aktarıldığı boru hattında kusur bulunduğu iddiasıyla üretimi %60 azalttı. ImageImage
Read 5 tweets
@ginga_ninj @theJagmeetSingh @JustinTrudeau @NDP Maybe you shud get your research from other than O&G companies. Scientists are warning that LNG is as bad as coal and must be reined in b4 2030. Moreover, the market is about to be flooded w/ LNG making the BC operation uneconomical. theguardian.com/environment/20…
Read 10 tweets
Das dachte ich mir dann schon, Klimahype... wie sollte es auch anders sein.
Wieso rückt ihr Klimaleugner nicht gleich damit raus?
Nein, zuerst wird eine Pseudodiskussion angestoßen in deren Verlauf man dann auf das eigentliche Thema einschwenkt.
Ihr raubt mir Lebenszeit!
Mit euch zu diskutieren ist ungefähr so, als wollte ich #Trump und den #LNG Senator aus Texas, @tedcruz, davon überzeugen das #fracking zu lassen.
Auch die beiden begreifen nicht, dass sie mit ihrem Tun spätestens ihren Enkeln den Lebenssaft nehmen.
Menschen, fern aller Realitäten, mit eigener heiler Welt, aus welchen Gründen auch immer, kann man schlicht nicht überzeugen mal die Augen auf zu machen.

Meist geht es da um Profit, Wohlstand, Arbeitsplatz, Schneckenhaus, um die sprichwörtliche „Vogel Strauß Methode“.
Read 4 tweets
🇺🇸 🇨🇳 Phase One #Trade Deal: Chinese Commitments

1/ To purchase at least an additional $200 billion in U.S. exports over the next 2 years (base: 2017).

2/ To do more to crack down on the theft of American technology and corporate secrets by its companies and state entities.
3/ To avoid currency manipulation.

4/ To bring forward the planned opening of its capital market.

5/ To set up a system to resolve conflicts over drug patents.

6/ To endorse an enforcement system.
🇺🇸 🇨🇳 Phase One #Trade Deal: Full Texts En/Cn

#China’s Ministry of Finance published both English and Chinese versions of the text - Statement
*Link (Chinese): bit.ly/3aivKcX
Read 28 tweets
As #Australia reels from unprecedented bushfires, the disconnect between its vulnerability to #climate change and the inadequacy of its government's response is coming under international scrutiny.
We have produced a mountain of research on this -
👇👇 thread👇👇
1/ #Australia is on fire due in large part to #climate change yet the government is looking for ways to weaken the Paris Agreement by using 40 y. o. Kyoto protocol credits to meet its 2030 targets. We show there's no legal basis for this 
bit.ly/Aus_KPCO @TheAusInstitute
2/ Our calculations show just how bad using Kyoto carryover units to meet #ParisAgreement commitments would be for #climate action: an extra 0.1˚C of warming that wld not otherwise hv occurred due to delays in energy & economic system transformation 
bit.ly/Art6_KPCO
Read 21 tweets
Thread on oil & Gas in #Oman
1-With the passing of Sultan Qaboos on Friday and the choice of Sultan Haitham as the new leader of Oman, Oman #oil policy is expected to remain the same with the aim of increasing oil and gas production within OPEC+ framework
2-Oman producers about to 1 mb/d of crude & condensates. It is also an LNG exporter. Oman is among the very few countries in the world that announces its production figures at the end of every month. Kudos to Dr. Mohammed Al Rumhi, Minister of Oil and Gas since 1997. @Mog_Oman
3-Dr Al Rumhi is also the Chairman of the Board of Directors of Petroleum Development Oman (PDO) and Chairman of @OmanLNG
He is also a media darling, especially at the JMMC & OPEC+ meetings. Just ask OPEC journalists.
Read 29 tweets
You were saying, ⁦@ZevShalev⁩ 😉 “Ukraine Naftogaz CEO Preparing for Giuliani Probe Testimony” #LNG time.com/5737518/ukrain…
Andriy Kobolyev
CEO of Naftogaz, Andriy Kobolyev, says he is going to talk to investigators about Giuliani, Parnas and Fruman.
Read 9 tweets
Rick Perry & the sale & transportation of US LNG (liquid natural gas) to UKR

TeamTrump is likely up to mischief, which we will probably learn more about in the coming days.

Let’s first review some background information about UKR gas supplies & infrastructure.

Gazprom = RU
🔑The future of the transportation of Russian gas to Europe is wide open.

🔑The role of Ukraine, historically the main transit corridor, will change after the current transit contract between Gazprom and Naftogaz Ukrainy expires on 31 December 2019.

oxfordenergy.org/publications/r…
5/29/19, Naftogaz CEO Andriy Kobolyev participated in a meeting between Zelensky and an official U.S. delegation headed by Energy Secretary Rick Perry.

naftogaz.com/www/3/nakweben…
Read 52 tweets
Como las #FakeNews no descansan, el buen @gavo12 me hizo notar que anda circulando otro bulo, ahora acerca del #LNG y Manzanillo.

Creo que hay que atajarlo, poner lo que en verdad es, y así evitar diseminar mentiras.

Abro hilo:
@gavo12 En 2005, siguiendo el mandato de asegurar el suministro eléctrico al más bajo costo posible, @CFEmx inició la licitación internacional de Manzanillo LNG, para importar gas natural licuado (LNG) para abastecer sus plantas de Manzanillo (reconvertida) y Guadalajara.
@gavo12 @CFEmx En 2007, @Repsol ganó el contrato para abastecer hasta 500 millones de pies cúbicos diarios con gas peruano.

Los campos de Camisea en Perú, los desarrolla y produce Hunt, que los transporta hasta una planta de licuefacción en Planta Melchorita, Perú LNG.

perulng.com
Read 10 tweets
For the 82nd Month in a row, Australian Oil import coverage stocks are well below the 90 day IEA minimum, despite increasing by 3 days and stable daily imports for December 2018. Australian #energysecurity remains vulnerable #OOTT #energypolicy #oil #auspol
Australian Net Oil Imports have increased by ~12% vs December 2017. Australia remains vulnerable to international oil supply disruptions while stocks remain >40% below the IEA 90 day minimum. #OOTT #energypolicy #energysecurity #oil #auspol #energytwitter
Australian Domestic Refinery Inputs only contribute 16% of Indigenous supply for local consumption. With production having declined consistently over the last 10 years, import dependency remains a strategic concern. #EnergyPolicy #EnergySecurity #OOTT #OIL #auspol
Read 23 tweets
#demographics #militaries #economies #currencies
#USA
- Best demographics
- Largest military
- Largest economy
- Most used currency
- Liquid financial markets
- Open capital account
- Rule of law
- Best geography
- Can be self sufficient if required
- Not trade dependent
#USA
Top trade partners as of 30 June 2018:
- China: 15.2% (strategic competitor)
- Canada: 15.1%
- Mexico: 14.6%
- Japan: 5.1%
- Germany: 4.4%

The next 10 years could result in the below:
- Mexico (25%)
- Canada (20%
- Japan (7%)
- South Korea (5%)
- Great Britain (4%)
#USA
Bring the manufacturing (jobs) home while negatively impacting China's economy.
forbes.com/sites/kenrapoz…
cebglobal.com/talentdaily/au…
irishtimes.com/business/econo…
Read 338 tweets
.@FERC has a lot to be proud of in the 11 months since a quorum was re-established in August 2017.
Among the most significant achievements is the approval of a number of major #natgas #pipeline projects & BILLIONS of cf/d of new capacity. Many of those projects had been waiting for an exceptionally long time.
But there are some areas where we can & should do better — specifically, our review of #LNG export terminal applications. We need more resources!
Read 10 tweets
Amused last night to be informed that:

"I just think you suffer from reductionist thinking"

As a practitioner in the natural sciences that is like being told you "suffer from being too attractive and too popular". As insults go it is one I can wear #bcpoli #abpoli #cdnpoli 1/
In the field of energy and pipelines thinking in a reductionist style means recognizing that we will still need ambulances and firetrucks in any energy future so any solution I come up with needs to include those types of services #bcpoli #abpoli #cdnpoli 2/
Being a reductionist (and a pragmatist) means acknowledging that sometimes you have to make the best of a number of imperfect choices because choosing not to make a choice is actually a choice, a choice to do nothing #bcpoli #abpoli #cdnpoli 3/
Read 22 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!