NGS’ NG/LNG SNAPSHOT May 1-15, 2025

NGS’ NG/LNG SNAPSHOT May 1-15, 2025

National News Internatonal News

NATIONAL NEWS

City Gas Distribution & Auto LPG

Assam: CM inaugurates piped natural gas supply project for Guwahati

GUWAHATI: Chief Minister Dr. Himanta Biswa Sarma today inaugurated a project aimed at supplying natural gas via pipeline to Guwahati city at an event held at Lok Sewa Bhawan. This development marks the commencement of the project’s first phase, wherein 101 households in the Geetanagar locality have been incorporated. Concurrently, he virtually inaugurated Barak Valley’s first Compressed Natural Gas (CNG) station in Silchar. He also laid the foundation stone for the commencement of piped gas supply works in Hajo, Sualkuchi, Rangia, and Baihata Chariali.

SHOW MORE

Speaking on the occasion, Dr. Sarma described the pipeline-based natural gas initiative, undertaken by Purba Bharati Gas Private Limited, as a promising step towards a sustainable future. He noted that Purba Bharati Gas Private Limited was established as a joint venture between Assam Gas Company Limited, Oil India Limited, and GAIL Gas Limited, with the objective of developing a City Gas Distribution (CGD) network across the districts of Kamrup, Kamrup Metropolitan, Cachar, Hailakandi, and Shreebhumi. He remarked upon the transparent bidding mechanism employed by the Central Government in launching the CGD initiative in Assam and affirmed that work is ongoing to expand piped natural gas access to other regions of the state. He added that an investment of Rs 2,616.95 crore has been allocated by Purba Bharati Gas Private Limited for the project, which is projected for completion in Kamrup and Kamrup Metropolitan districts by 30 September 2028.

Expounding upon the scale of the ongoing work, the Chief Minister stated that under the CGD project, approximately 765 kilometres of medium-density polyethylene (MDPE) pipelines and 43 kilometres of steel pipelines have thus far been laid. He noted that 30,693 households have registered for domestic piped natural gas (PNG) connections, of which 6,175 have already been provided with completed ‘last mile’ connectivity. He underscored that, with the establishment of the gas grid under the leadership of Prime Minister Narendra Modi, Assam has effectively addressed its deficit in natural gas supply. He encouraged the general public to avail themselves of this clean and cost-effective energy alternative.

Turning attention to the initiation of piped gas infrastructure in Hajo, Sualkuchi, Rangia, and Baihata Chariali, Dr Sarma remarked that an urban configuration akin to the National Capital Region is beginning to emerge around Guwahati, potentially forming a cohesive State Capital Region, a press release said.

https://www.sentinelassam.com/cities/guwahati-city/assam-cm-inaugurates-piped-natural-gas-supply-project-for-guwahati

show less

City’s piped gas network expands with new liquefied compressed natural gas plant at Thonnakkal

Thiruvananthapuram: In a major boost to state capital’s gas infrastructure, a new high-capacity liquefied compressed natural gas (LCNG) plant began operations at Life Science Park in Thonnakkal. This is the second LCNG facility in the district, after a plant established at Kochuveli in Jan 2023.

SHOW MORE

The new plant is expected to accelerate the pace and reach of piped natural gas (PNG) connections across both urban and rural areas. Commissioned on March 30, Thonnakkal LCNG plant, operated by AG&P Pratham, has now been rebranded as THINK Gas. The company started providing piped gas to 500 households in Mangalapuram panchayat, including residents of Pallipuram CRPF camp. Installing connections in this area is expected to be completed by July.

Ajith V Nagendran, regional head of THINK Gas, said the Thonnakkal plant had more capacity than the facility at Kochuveli and would support gas distribution to nearby localities of Murukkumpuzha and Pallipuram. “Gas pipeline installation is progressing along NH 66, and pipe laying will be completed by May 31 to avoid disruption during monsoon,” he said.

Currently, completed PNG connections in the city touch 13,480. The company plans to provide 6,000 additional connections within city limits by Aug or Sept. Areas under development include Sreekaryam, Edavacode, Ulloor, Akkulam, Anamugham and Kadakampally. However, around 2,000 pending connections in Sreevaraham, Palkulangara and Perunthanni have been delayed due to defects liability period, a post-construction warranty timeframe during which roads cannot be excavated. “Pipe-laying work will slow down during monsoon but household connections will continue,” said Nagendran.

Besides residential pipeline network, city’s gas infrastructure is being strengthened by setting up new CNG stations. Facilities are coming up at Vizhinjam, Kamaleswaram and Nalanchira, while a new station at Varkala became operational on Monday. Vizhinjam station is particularly significant, as it will serve truck containers involved in port-based trade after the port becomes active for gateway cargo operations.

The total pipeline laid in the district now spans 307km at a cost of Rs 700 crore. A key feature of pipeline work was the extensive use of horizontal directional drilling, a trenchless technology that minimises road damage and traffic disruptions. This method is especially useful for laying pipelines under canals and urban infrastructure.

The new developments in Thiruvananthapuram are expected to not only enhance energy efficiency but also offer households an economical alternative for cooking and heating.

Enhancing energy efficiency

Commissioned on March 30 & operated by AG&P Pratham

Piped gas provided to 500 households in Mangalapuram panchayat

Pipeline installation along NH 66 likely to be completed by May 31

Areas under development include Sreekaryam, Edavacode, Ulloor, Akkulam, Anamugham and Kadakampally

307km – total pipeline laid in district at a cost of Rs 700 crore

https://timesofindia.indiatimes.com/city/thiruvananthapuram/citys-piped-gas-network-expands-with-new-liquefied-compressed-natural-gas-plant-at-thonnakkal/articleshow/121119587.cms

show less

IOAGPL signs tripartite agreement with IGRPL, GAIL under CBG-CGD Synchronisation Scheme

In a notable development, Indian Oil Adani Gas Private Limited (IOAGPL) has signed tripartite agreement with IOC GPS Renewables Private Limited (IGRPL) and GAIL (India) Limited for supply of compressed biogas (CBG) under the CBG- City Gas Distribution (CGD) Synchronisation Scheme.

SHOW MORE

The agreement would help ensure CBG supply across Jaunpur and Ghazipur districts of Uttar Pradesh.

https://cgdindia.net/ioagpl-signs-tripartite-agreement-with-igrpl-gail-under-cbg-cgd-synchronisation-scheme/

show less

Megha Gas inaugurates daughter booster CNG station in Damoh, Madhya Pradesh

Megha City Gas Distribution Private Limited has inaugurated daughter booster compressed natural gas (CNG) station at Gangotri Automobiles in Damoh district of Madhya Pradesh. With this, Megha Gas has 26 operational CNG stations across Jabalpur, Sagar, Agar Malwa and Chhindwara districts.

SHOW MORE

Petroleum and Natural Gas Regulatory Board (PNGRB) has authorised Megha Gas to lay city gas distribution (CGD) infrastructure in 62 districts across 22 GAs in ten states of Andhra Pradesh, Telangana, Tamil Nadu, Karnataka, Odisha, Maharashtra, Madhya Pradesh, Punjab, Rajasthan and Uttar Pradesh.

Source: https://cgdindia.net/megha-gas-inaugurates-daughter-booster-cng-station-in-damoh-madhya-pradesh/

show less

GO TOP

Natural Gas/ Pipelines/ Company News

IOC Signs $1.4 Billion LNG Deal with Trafigura to Meet Growing Demand

Indian Oil Corp. has signed a liquefied natural gas import deal valued between $1.3 billion and $1.4 billion with global commodities trader Trafigura. Under the agreement, Trafigura will supply 27 LNG cargoes—amounting to 2.5 million metric tons—starting in the second half of 2025, Indian Oil Chairman A.S. Sahney said Wednesday.

SHOW MORE

India’s natural gas demand is expanding at a double-digit rate as the country increases reliance on the fuel, which is seen as a cleaner alternative during the energy transition. In addition to industrial use, natural gas is compressed into CNG for vehicles, piped to households for cooking, and increasingly used as a fuel for long-haul trucks.

Sahney noted that the contract is benchmarked to the U.S. Henry Hub pricing index, offering a market-based rate structure. Indian Oil currently operates a 5 million tonne per annum LNG terminal in Ennore, Tamil Nadu, and holds regasification capacity at several other import facilities nationwide.

In related developments, Hindustan Petroleum Corp. Ltd. (HPCL) has announced a supply and trading agreement with ADNOC Trading, a subsidiary of Abu Dhabi National Oil Co. The LNG under this deal will be received at the recently commissioned Chhara LNG Terminal, operated by HPCL LNG Ltd., a wholly owned HPCL unit. Although the company did not disclose the contracted volume, it said the supply would meet its internal requirements and be marketed to other downstream consumers.

The Chhara terminal has a regasification capacity of 5 million tonnes per year and features two storage tanks, each capable of holding 200,000 cubic meters of LNG, according to NDTV. HPCL stated that the partnership positions ADNOC Trading as a key long-term supplier, supporting energy security and supply diversification.

Indian Oil has also previously signed 14-year and 10-year LNG supply deals with ADNOC LNG and TotalEnergies, respectively. The agreement with ADNOC LNG covers 1.2 million tonnes per year, while the TotalEnergies contract is for 800,000 tonnes annually.

Separately, GAIL (India) Ltd. awarded an LNG supply tender to Qatar Energy Trading in December for 12 cargoes per year over five years, beginning April 2025. GAIL also signed long-term agreements with Vitol Asia for 1 million tonnes annually over 10 years from 2026, and with ADNOC Gas to import 0.5 million tonnes per year over the same timeframe.

These deals support India’s goal of raising the share of natural gas in its energy mix to 15% by 2030, up from the current 6–7%.

https://www.chemanalyst.com/NewsAndDeals/NewsDetails/ioc-signs-1-4-billion-lng-deal-with-trafigura-to-meet-growing-demand-36293

show less

Gail plugs into influencer power to push clean energy with fresh CNG, PNG campaign phase

MUMBAI: India’s clean energy shift just got a viral push. Gail (India) Limited has rolled out the influencer-led phase of its celebrated ‘Waah Kya Energy Hai’ campaign, aimed at boosting awareness and adoption of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG). This leg leans on the power of popular creators to reshape public perception and put natural gas in the social media spotlight.

SHOW MORE

The campaign builds on the emotive tone of the original mini-series that spotlighted domestic and commercial gas use through slice-of-life stories. But this phase is all about visibility and virality. Influencers across India are showcasing how CNG powers autos, cars and fleets, while PNG keeps kitchens running in homes and hotels—all without a whiff of compromise.

From engaging reels and vlogs to unfiltered testimonials, creators are turning energy use into conversation starters. These bite-sized stories spotlight how natural gas, as a fuel, brings together safety, savings, and sustainability—a triple play for climate-conscious India.

With more than 2,800 CNG stations spread across 72 cities in 20 states and union territories, Gail’s footprint reflects its mission of reliable, green transportation. PNG, meanwhile, continues its surge as a preferred option in urban kitchens and commercial setups needing uninterrupted, clean energy.

“This campaign is a celebration of the quiet but impactful transition to clean energy happening across the country,” said Gail head – corporate communications Jyoti Kumar. “By collaborating with influencers who connect authentically with their audiences, we are making conversations around sustainability more relatable, actionable, and widespread.”

Audiences can catch all the buzz on @Gailindia via Instagram, where behind-the-scenes shots, creator shout-outs and interactive polls form the core of the digital showcase.

Gail has layered this campaign with animated explainers, user-driven content, and sharp infrastructure visuals to hammer home the versatility of gas. As the campaign gains momentum, it doubles down on Gail’s broader promise: to power India’s energy ambitions while staying firmly rooted in environmental responsibility.

https://www.indiantelevision.com/mam/media-and-advertising/ad-campaigns/gail-plugs-into-influencer-power-to-push-clean-energy-with-fresh-cng%2C-png-campaign-phase-250502

show less

India Completes First Offshore Decommissioning Project In Tapti Gas Fields

India has completed its first large-scale offshore decommissioning project with the successful removal of mid and south Tapti field facilities. The project was led by the Panna-Mukta and Tapti (PMT) joint venture, comprising Shell (through BGEPIL), Reliance Industries  (RIL), and Oil and Natural Gas Corporation (ONGC), under a production sharing contract with the Government of India.

SHOW MORE

The decommissioning involved the removal of five wellhead platforms and associated subsea pipelines and the plugging and abandonment of 38 wells. These operations were conducted in accordance with an approved decommissioning plan, with a focus on safety, environmental protection, and regulatory compliance. Production from the Tapti fields ceased in March 2016.

As part of the implementation strategy, major contracts were awarded to Indian companies in alignment with the government’s ‘Make in India’ initiative. Larsen & Toubro (L&T) executed the offshore dismantling operations, while Chowgule Shipyard (CLSPL) is overseeing onshore dismantling at its facility in Ratnagiri. Offshore work has been completed, with onshore activities currently in progress.

Nipun Pradhan, Managing Director, BGEPIL and GM Shell Upstream India, said, “The safe and successful completion of the Tapti offshore project is a landmark moment for India’s offshore energy sector. This project sets a new benchmark for responsible decommissioning, made possible by global expertise, strong collaboration, and an unwavering commitment to safety and sustainability. Shell is proud to be part of this historic journey alongside our partners Reliance, ONGC, and the Government of India.”

The Tapti project is regarded as a foundational step in developing India’s regulatory and operational framework for offshore decommissioning. The framework was shaped in consultation with the Ministry of Petroleum and Natural Gas, the Directorate General of Hydrocarbons, and the Oil Industry Safety Directorate.

“The safe and responsible offshore decommissioning by the PMT JV marks a significant step forward for India’s energy sector. From the outset, the JV partners worked tirelessly to strengthen local supply chains and enhance the technical and safety capabilities of Indian contractors especially for offshore dismantling activities. This project has successfully delivered on the Indian government’s ambition of ‘Make and Break in India’,” said Sanjay Barman Roy, President, E&P,  Reliance Industries.

Globally, offshore decommissioning is a complex process involving multiple stakeholders, evolving regulations, and logistical challenges. The Tapti project is expected to inform future decommissioning initiatives in India, particularly as more offshore assets are near the end of their production life.

https://www.businessworld.in/article/india-completes-first-offshore-decommissioning-project-in-tapti-gas-fields-555815

show less

Volks Energie To Power GAIL’s Eastern Corridor With Solar-BESS

Volks Energie has secured a contract under GAIL India’s Jagdishpur-Haldia-Bokaro-Dhamra Pipeline Project (JHBDPL) to supply, install and commission 15 KWP solar photovoltaic power plants with nickel-cadmium (Ni-Cd) battery storage across nine sites in Bihar, Jharkhand, West Bengal, and Uttar Pradesh.

SHOW MORE

The project aims to bolster off-grid renewable power capacity along GAIL’s pipeline infrastructure, which passes through some harsh climatic and operational environments. Nickel-cadmium batteries usually rely on nickel hydroxide cathodes and cadmium anodes with a potassium hydroxide electrolyte, offering stable 1.2V output. They might require periodic full discharge to maintain capacity.

Focus on resilience and reliability

Volks Energie said the use of Ni-Cd batteries, which offer lifespans of up to 20 years, would ensure long-term sustainability and uninterrupted power supply. Deployment of the systems is expected to be completed by the end of 2025. When compared to Lithium-ion (Li-ion) batteries nickel-cadmium (NiCd) batteries find themselves outgunned in terms of energy density, lifespan, and weight, whic is why Lithium lon wins over in portable electronics and EVs. However, NiCd batteries excel in extreme temperatures, cost less upfront, and endure rigorous charge cycles. But environmental regulations do favor Li-ion over NiCd’s due to the presence of toxic cadmium in the latter.

“This project allows us to bring our ‘Solar + Ni-Cd’ expertise to strategic sites in North and Eastern India,” said Piyush Goyal, Co-founder and CEO of Volks Energie. “The battery technology ensures safety, endurance, and reliability, even in the most demanding conditions.”

https://www.saurenergy.com/ev-storage/volks-energie-to-power-gails-eastern-corridor-with-solar-bess

show less

Higher natural gas prices dent Adani Total Gas profit

Adani Total Gas reported ₹654 crore in consolidated profit, a year-on-year (y-o-y) decline of 1.96 per cent for the financial year 2024-25, due to higher cost of natural gas. Aided by higher volumes – primarily in the Compressed Natural Gas (CNG) segment — the company’s revenue from operations grew by 12.35 percent y-o-y to ₹5412 crore during FY25. However a 15 per cent increase in expenses adversely affected the bottom line. “The lower allocation of APM (Administered Pricing Mechanism) gas to CNG segment and replacement with higher priced gas, saw the cost of natural gas rise by 15 per cent,” the company said in an official release.

SHOW MORE

The cost of natural gas and other traded items rose to ₹3,276 crore from ₹2,848 crore the previous year. During the fourth quarter, the profit attributable to the owners dipped by 7.73 per cent to ₹155 crore. The board however recommended a dividend of ₹0.25 per equity share of face value of ₹1 each fully paid-up for 2024-25, subject to the approval of shareholders.

 “During the year, team ATGL has continued its thrust to expand access of PNG and CNG to large masses. ATGL has now expanded its infrastructure across CGD (close to 1 million PNG consumers and 647 CNG stations). ATGL has maintained momentum of delivering robust operational and infrastructure performance with a 15 per cent year-on-year increase in volume, accelerating operations excellence supported by digitalization which has contributed in maintaining EBITDA of ₹1,167 crore despite challenges faced by CGD sector on domestic gas allocation,” Suresh P Manglani, ED & CEO, ATGL, stated.

 “Furthermore, ATGL made significant progress in its new sustainable businesses. In e-mobility, 3,401 charging points have been installed out of which 2,338 EV charging points are energised. In biomass, besides stabilising CBG production at the Barsana plant, we have launched brand “Harit Amrit” for sale of an organic fertilizer. We have commissioned our 1st LNG station in Tirupur. All the above efforts are in line with our commitment to spearhead India’s energy mobility transition journey with customer centric approach and continue to have sustainable growth.” he added.

https://www.thehindubusinessline.com/companies/higher-natural-gas-prices-dent-adani-total-gas-profit/article69501314.ece

show less

Indraprastha Gas posts PAT of Rs 349 crore in Q4; EBITDA margin at 13%

Indraprastha Gas has reported 9% fall in net profit to Rs 349.23 crore despite a 10% increase in net sales to Rs 3932.78 crore in Q4 FY25 as compared with Q4 FY24. Total sales volumes for the quarter ended 31 March 2025 were 826.40 million scm, up 4% YoY. Of the total, CNG volumes were 603.64 million scm (up 4% YoY), LNG volumes were 0.30 million scm (up 10x YoY) and total PNG volumes were 222.46 million scm (up 4% YoY).

SHOW MORE

EBIDTA declined by 5% to Rs 497.23 crore in the fourth quarter from Rs 522.55 crore recorded in the same period last year. EBIDTA margin was 13% in Q4 FY25 as against 15% in Q4 FY24.

IGL has achieved net profit of Rs 1,467.59 crore in FY2024-25, 16% lower than the net profit of Rs 1,748.08 crore in FY2023-24.

The company registered net sales of Rs 14,860.77 crore in FY25, a growth of 7% over FY24.

IGL is engaged in the marketing and distribution of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) within the National Capital Territory (NCT) of Delhi.

https://www.business-standard.com/amp/markets/capital-market-news/indraprastha-gas-posts-pat-of-rs-349-crore-in-q4-ebitda-margin-at-13-125042800554_1.html?isa=yes

show less

Oil India Board Meet: PSU to hold 18% equity in JV for Fertilizer Plant

A Maharatna Oil PSU Firm, Oil India Ltd has announced that its Board of Directors of the Company in its Meeting held i.e. on Wednesday, 07’n May, 2025, has accorded its approval for 18% Equity Participation in the proposed Joint Venture Company for setting up of a new Ammonia-Urea Complex, Namrup lV Fertilizer Plant at Namrup, Assam.

SHOW MORE

Additionally, the company will be incorporating a Wholly Owned Subsidiary (Finance Company) at GIFT City, Gujarat, to carry on the business in accordance with the IFSC rules and regulations as amended from time to time, subject to approval of DIPAM and applicable regulatory approvals including RBI / IFSC Authority / SEZ Authority and any other Authority, as may be required.

https://www.psuconnect.in/psu-news/oil-india-to-hold-18-percent-equity-in-jv-for-fertilizer-plant

show less

Policy Matters/ Gas Pricing/ Others

Govt to hold pre-emption right over oil, gas in national emergency: Draft rules

The Indian government will possess pre-emption rights over all domestically produced oil and natural gas during national emergencies, ensuring resource control for public welfare. Draft rules under the amended Oilfields Act mandate fair market price compensation to producers. The government retains sole discretion in defining a national emergency, while operators gain exemption from obligations under force majeure conditions.

SHOW MORE

The government will hold pre-emption rights over all oil and natural gas produced in the country in any event of national emergency, according to draft rules being framed under a revamped oilfields legislation. A pre-emption right (or preemptive right) is the legal right of a party – often a government or existing shareholder – to purchase or claim a product, asset, or resource before it is offered to others.

The inclusion of such rights over crude oil – extracted from underground or beneath the seabed and refined into fuels like petrol and diesel – as well as natural gas, which is used for power generation, fertilizer production, CNG for vehicles, and piped cooking gas, is intended to help the government prioritize national interests and ensure public welfare during emergencies.

The producer of oil and natural gas will be paid a “fair market price prevailing at the time of pre-emption”, the draft rules said.

Ministry of Petroleum and Natural Gas has invited comments on draft rules after Parliament earlier this year passed the Oilfields (Regulation and Development) Amendment Bill which replaced outdated provisions from the 1948 Act, to boost domestic production, attract investment, and support the country’s energy transition goals.

“In the case of a national emergency in respect of petroleum products or mineral oil, Government of India shall, at all times, during such emergency, have the right of preemption of the mineral oils, refined petroleum or petroleum or mineral oil products produced from the crude oil or natural gas extracted from the leased area, or of the crude oil or natural gas where the lessee is permitted to sell, export or dispose of without it being refined within India,” the rules stated.

This right will be exercised by providing a “fair market price prevailing at the time of pre-emption to the lessee by Government of India, for the petroleum or petroleum or mineral oil products or the crude oil or natural gas taken in pre-emption.”

The rules however did not define what would constitute a national emergency. Industry sources said war or war-like situations – like the one that the country faced in the military standoff with Pakistan – or natural disasters could constitute a national emergency.

“Government of India shall be the sole judge as to what constitutes a national emergency in respect of mineral oils, and its decision in this respect shall be final,” the rules said.

The draft rules also provide for oil and gas operators being exempt from their obligations under the Act in force majeure conditions.

 Force majeure includes an act of God, war, insurrection, riot, civil commotion, tide, storm, tidal wave, flood, lightning, explosion, fire, earthquake, pandemic and any other happening which the lessee could not reasonably prevent or control, the rules added.

https://economictimes.indiatimes.com/industry/energy/oil-gas/govt-to-hold-pre-emption-right-over-oil-gas-in-national-emergency-draft-rules/articleshow/121074553.cms?from=mdr

show less

Govt tightening rules to check gas emissions in upstream oil sector

The Centre’s new draft policy framed for the upstream oil & gas exploration and production sector aims to minimise the environmental impact of mineral oil operations, including gas flaring activities, and closer monitoring of greenhouse gas emissions and flared gas. Routine flaring of gas takes place during production from oilfields due to the absence of facilities for gas utilisation, such as reinjection, on-site use, or transportation to market. The draft policy stipulates that all lessees and contractors shall submit reports specifying the volume of gas flared and the associated emissions on a quarterly basis in accordance with the format specified within fifteen days from the end of each calendar quarter.

SHOW MORE

The rules make it clear that every lessee and contractor will adopt measures to reduce greenhouse gas emissions that take place during the course of mineral oil operations and comply with the applicable environmental laws and norms.

The draft rules state that every lessee and contractor shall submit a monitoring plan within 180 days of the commencement of production of mineral oil from the leased area for the identification of sources of greenhouse emissions from mineral oil operations, and the methodology and frequency of measurements.

The lessee and contractor will also have to review and update the monitoring plan submitted from time to time as may be necessary.

Every lessee and contractor will also submit to the government reports of their greenhouse gas emissions in the manner as may be specified by the government from time to time.

The new draft also provides for clear steps in the authorisation for greenhouse gas (GHG) sequestration, injection and storage permit.

Any lessee or contractor intending to assess the feasibility of geological storage of greenhouse gases (GHGs) within a leased or contract area shall, prior to commencement of any such activity, obtain an authorisation for such assessment from the Government.

Upon completion of such assessment, a lessee or contractor may submit an application for the issuance of an injection of GHGs permit to the government, in the format as may be prescribed from time to time.

The term of the injection permit, in the first instance, shall be two years, which may be renewed thereafter upon satisfactory performance and compliance with these rules and the terms as prescribed by the Government of India in this regard from time to time.

The injection permit shall only be for executing pilot tests and studies to establish the geological suitability of the reservoir for permanent sequestration and shall not grant long-term storage rights to the lessee or contractor.

The lessee or contractor shall conduct the injection of GHGs in accordance with a plan which shall be approved by the Government of India, and no deviation from such plan shall be made without prior approval of the government or any other agency or authority notified by the Centre in this regard, the draft rules further state.

After the completion of the injection tests and the establishment of the geological suitability of the reservoir for sequestration in the designated geological formations, a lessee or contractor intending to store greenhouse gases may apply and obtain a storage permit for permanent storage of greenhouse gases for sequestration purposes from such authority, and in the manner, as may be notified by the Government of India, from time to time.

The lessee or contractor shall submit an environmental management plan and a disaster plan to the Government of India outlining the measures to mitigate risks to the environment, including groundwater contamination, surface water impacts, and atmospheric releases and shall comply with such plans, the draft rules add.

The Ministry of Petroleum and Natural Gas has invited the comments of stakeholders on the draft policy.

The government will hold pre-emption rights over all oil and natural gas produced in the country in any event of national emergency, according to draft rules being framed under a revamped oilfields legislation.

A pre-emption right (or preemptive right) is the legal right of a party – often a government or existing shareholder – to purchase or claim a product, asset, or resource before it is offered to others.

The inclusion of such rights over crude oil – extracted from underground or beneath the seabed and refined into fuels like petrol and diesel – as well as natural gas, which is used for power generation, fertilizer production, CNG for vehicles, and piped cooking gas, is intended to help the government prioritize national interests and ensure public welfare during emergencies.

The producer of oil and natural gas will be paid a “fair market price prevailing at the time of pre-emption”, the draft rules said.

Ministry of Petroleum and Natural Gas has invited comments on draft rules after Parliament earlier this year passed the Oilfields (Regulation and Development) Amendment Bill which replaced outdated provisions from the 1948 Act, to boost domestic production, attract

investment, and support the country’s energy transition goals.

“In the case of a national emergency in respect of petroleum products or mineral oil, Government of India shall, at all times, during such emergency, have the right of preemption of the mineral oils, refined petroleum or petroleum or mineral oil products produced from the crude oil or natural gas extracted from the leased area, or of the crude oil or natural gas where the lessee is permitted to sell, export or dispose of without it being refined within India,” the rules stated.

This right will be exercised by providing a “fair market price prevailing at the time of pre-emption to the lessee by Government of India, for the petroleum or petroleum or mineral oil products or the crude oil or natural gas taken in pre-emption.”

The rules however did not define what would constitute a national emergency. Industry sources said war or war-like situations – like the one that the country faced in the military standoff with Pakistan – or natural disasters could constitute a national emergency.

“Government of India shall be the sole judge as to what constitutes a national emergency in respect of mineral oils, and its decision in this respect shall be final,” the rules said.

The draft rules also provide for oil and gas operators being exempt from their obligations under the Act in force majeure conditions.

Force majeure includes an act of God, war, insurrection, riot, civil commotion, tide, storm, tidal wave, flood, lightning, explosion, fire, earthquake, pandemic and any other happening which the lessee could not reasonably prevent or control, the rules added.

https://www.thehansindia.com/news/national/govt-tightening-rules-to-check-gas-emissions-in-upstream-oil-sector-970208

show less

Govt seeks first right to buy oil & gas under exigency clause

India’s draft petroleum rules grant the government pre-emption rights over all crude oil and gas during national emergencies, ensuring supply security. Lessees will be compensated at fair market value, while force majeure protections and feedback on the rules have been invited. The government will hold “pre-emption rights” over all crude oil and natural gas produced in the country in case of a national emergency, the oil ministry said in its latest draft regulations on petroleum and natural gas rules.

SHOW MORE

A pre-emption right is a legal right of a party to buy or to acquire a certain product, asset, property, or resource newly coming into existence before it can be offered to any other person or entity.

The proposed regulation comes as the government seeks to ensure adequate stock and availability of oil and gas – used in various sectors such as power, CNG, PNG, fertilizer, paint etc – in case of national emergency and adversities amid increased geopolitical uncertainties, as per analysts.

“In the case of a national emergency in respect of petroleum products or mineral oil, the Government of India shall, at all times, during such emergency, have the right of preemption of the mineral oils, refined petroleum or petroleum or mineral oil products produced from the crude oil or natural gas extracted from the leased area, or of the crude oil or natural gas where the lessee is permitted to sell, export or dispose of it without it being refined within India,” the draft rules said.

It added that the fair market price prevailing at the time of pre-emption shall be paid to the lessee by the government, for the petroleum or petroleum or mineral oil products or the crude oil or natural gas taken in pre-emption.

“This has been the case for resources that are scarce in the country. This is being done primarily in cases of national emergencies since we also have low buffer stock of oil,” said Prashant Vasisht, Senior Vice President and Co-Group Head, Icra. “Indian Strategic Petroleum Reserves Ltd only has some 9 days of stock. Though the oil companies also have storage, these are strategically important assets so the government has probably come out with the rules.”

However, private players in the country’s upstream sector have time and again said that the price discovery would be better in the global markets.

 “The Government of India shall be the sole judge as to what constitutes a national emergency in respect of mineral oils, and its decision in this respect shall be final,” the government said without specifying what constitutes a national emergency.

The rules also said that if a lessee fails to meet lease obligations due to force majeure, the Adjudicating Authority cannot impose penalties, and any resulting delays will extend the timeline for fulfilling those obligations unless the contract states otherwise.

 “Force majeure” includes an act of God, war, insurrection, riot, civil commotion, tide, storm, tidal wave, flood, lightning, explosion, fire, earthquake, pandemic and any other happening which the lessee could not reasonably prevent or control, the draft rules said.

The Ministry of Petroleum and Natural Gas has invited feedback on draft rules after the Parliament in March passed the Oilfields (Regulation and Development) Amendment Bill 2024 in an attempt to make oil and gas exploration in the country more attractive for companies.

The Bill proposes to broaden the definition of mineral oils, which previously included only petroleum and natural gas and introduces the concept of a petroleum lease. This lease covers various activities related to mineral oils, including exploration, prospecting, production, making them merchantable, and disposal.

https://www.financialexpress.com/policy/economy-govt-seeks-first-right-to-buy-oil-gas-under-exigency-clause-3842099/

show less

Joint Working Group favours subsidising private operators for supplying natural gas in north east

The panel, which comprises officials from the exploration & production (E&P) sector, national oil companies (NoCs) and government in a bid to enhance oil and gas production and to attract investments, was formed last year. A Joint Working Group (JWG) formed by the Ministry of Petroleum and Natural Gas (MoPNG) has suggested subsiding private operators who supply natural gas to the north eastern States.

SHOW MORE

The panel, which comprises officials from the exploration & production (E&P) sector, national oil companies (NoCs) and government in a bid to enhance oil and gas production and to attract investments, was formed last year.

India’s sedimentary basins have around 651.8 million tonnes (mt) crude oil and 1138.6 billion cubic meters (BCM) natural gas. However, around 10 per cent of the sedimentary basin area is under exploration.

https://www.thehindubusinessline.com/companies/joint-working-group-favours-subsidising-private-operators-for-supplying-natural-gas-in-north-east/article69568416.ece

show less

 

GO TOP

LNG Use / LNG Development and Shipping

HPCL and ADNOC Trading Signs their 1st LNG Trading Supply Agreement

Hindustan Petroleum Corporation Limited (HPCL), a leading Energy Company in India; and, ADNOC Trading (ADNOC), a leading trader of Crude Oil, LNG and other products; have signed LNG Trading Supply Agreement. This Agreement marks a significant step in the strategic partnership between the two organizations, fostering energy security and sustainability.

SHOW MORE

The LNG will be received at recently commissioned Chhara LNG Terminal of HPCL LNG Ltd., a wholly-owned subsidiary of HPCL, to meet captive demand of HPCL and also for marketing to other downstream customers. Presently, Chhara LNG Terminal has regasification capacity of 5 MMTPA with gross storage capacity of LNG 400,000 Cu.M. in two equal sized LNG tanks.

This agreement between HPCL and ADNOC Trading underscores the deepening economic ties between India and the UAE, emphasizing the role of LNG in supporting India’s energy transition. The partnership positions ADNOC Trading as a key supplier for HPCL, enabling the Indian energy major to diversify its supply portfolio and secure long-term energy solutions.

Hindustan Petroleum Corporation Limited (HPCL) was formed on July 15, 1974. HPCL is a Maharatna Central Public Sector Enterprise (CPSE) and a S&P Platts Top 250 Global Energy Company with a ranking of 26. HPCL has a strong presence in Refining & Marketing of petroleum products in the country and has a vast marketing network consisting of 12 Zonal offices, 68 Regional Offices facilitated by a very strong Supply & Distribution with customer touch points constituting of 21431 Retail Outlets, 6312 LPG distributorships and 435 Lube distributors as of Sept’23. The company is dedicated to harnessing digital technologies across its operations & customer experience fostering innovation, operational excellence, and new business models to deliver happiness.

https://www.euro-petrole.com/hpcl-and-adnoc-trading-signs-their-1st-lng-trading-supply-agreement-n-i-28383

show less

GreenLine Launches New Fleet of LNG-powered Trucks

GreenLine Mobility Solutions, an Essar venture and India’s only green logistics operator using LNG and electric-powered heavy commercial trucks, announced that it had launched a new fleet of LNG-powered trucks at Chakan, Pune. The deployment has been supported by Shriram Finance, one of the country’s largest non-banking financial companies and the flagship of the Shriram Group.

SHOW MORE

Anand Mimani, CEO of GreenLine Mobility, stated that the fleet expansion, backed by Shriram Finance, marked a significant step in transforming India’s logistics landscape with sustainable and high-performance solutions. He noted that the trucks, manufactured by Blue Energy Motors (BEM), would play a vital role in decarbonising the logistics sector and advancing the company’s vision of a greener future.

https://www.constructionworld.in/energy-infrastructure/power-and-renewable-energy/greenline-launches-new-fleet-of-lng-powered-trucks/73464

show less

Green trucks roll out in Pune to cut emissions

Backed by financial heavyweight Shriram Finance, the rollout marks a pivotal milestone in scaling sustainable, high-performance transport infrastructure across India’s high-emission road freight sector. The deployment comes as GreenLine targets the deployment of over 10,000 LNG and electric trucks in the next phase of its nationwide strategy. These vehicles, supported by a robust ecosystem of LNG refuelling stations, EV charging points and battery-swapping hubs, are projected to collectively slash nearly one million tonnes of carbon emissions annually — a goal closely aligned with India’s commitment to climate targets under the Paris Agreement.

SHOW MORE

GreenLine’s expanding fleet, already comprising more than 650 LNG trucks, has clocked over 40 million kilometres and reduced over 10,000 tonnes of carbon dioxide emissions. This momentum signals a steady shift in an industry that contributes roughly 15% of India’s total greenhouse gas emissions — predominantly from over 4 million heavy-duty diesel trucks operating on the country’s highways. “Our fleet expansion is not just about numbers, it’s about impact,” said Anand Mimani, Chief Executive Officer at GreenLine. “These LNG trucks are an integral part of our mission to build a modern, clean, and resilient logistics network. With the backing of Shriram Finance, we’re accelerating India’s green logistics journey in a commercially viable way.”

Shriram Finance’s participation marks its first major investment in LNG logistics, underlining the evolving definition of green finance in the Indian NBFC space. “Our involvement in this partnership reflects our belief in scalable, clean infrastructure,” said GM Jilani, Joint Managing Director, Shriram Finance. “We are proud to support a project that combines environmental integrity with economic viability.” The trucks are manufactured by Blue Energy Motors (BEM), a pioneering player in LNG truck production. These vehicles offer significantly lower emissions, reduced fuel costs and operational noise, all without compromising on performance — factors that are increasingly critical as companies across sectors seek to lower their environmental footprint.

The partnership also strengthens the emerging ecosystem for clean transport in India, where financing challenges often stall transitions to green mobility. By embedding financial inclusivity into the heart of its business model, GreenLine ensures that businesses of all sizes can access next-generation logistics services without being priced out of sustainability goals. With India rapidly urbanising and freight volumes surging, the transport sector’s decarbonisation is no longer an environmental luxury — it is an economic necessity. The GreenLine-Shriram Finance collaboration is more than a business alliance; it’s a systemic response to an unsustainable legacy. It also reflects a growing alignment between financial institutions, industrial operators, and policymakers to futureproof Indian cities through zero-carbon and equitable mobility solutions.

As GreenLine trucks roll out from Pune, the initiative sets a precedent for how innovation, capital, and climate commitment can converge to reshape one of the country’s most emission-intensive sectors.

https://urbanacres.in/green-trucks-roll-out-in-pune-to-cut-emissions/

show less

Indian LNG Buyers Embrace US Benchmark to Balance Volatility

Indian liquefied natural gas importers have signed a flurry of long-term purchase agreements linked to the US price benchmark, the latest effort by the nation’s buyers to protect themselves from volatile markets. State-owned companies have signed at least four contracts since December, totaling nearly 11 million tons per year, priced to the Henry Hub index, according to the executives familiar with the deals. Until now, most of India’s long-term contracts have been linked to crude oil, the traditional way to price LNG deals.

SHOW MORE

Pricing the fuel to the Henry Hub index doesn’t necessarily mean that the fuel will come from the US, rather it is a move to hedge risk.

India’s consumers — from power plants to petrochemical facilities — are highly price-sensitive as gas competes head-to-head with cheaper and dirtier alternatives. Companies that relied on the spot market or oil-linked contracts have periodically been forced to cut back purchases due to price spikes.

US gas futures have also been relatively less volatile and more liquid than the Asian spot benchmark, the Japan-Korea Marker.

“The last ten year average shows that there have been periods during winter months JKM benchmark surged beyond imagination, while Henry Hub prices saw proportionally smaller growth,” Bharat Petroelum Corp Ltd’s Director Finance V.R.K. Gupta said.

BPCL in February signed a deal with ADNOC Trading for 2.5 million tons of LNG for five years. The Mumbai-based refiner will evaluate the performance of the deal and may sign more such contracts, Gupta said.

Indian Oil Corp. last week signed a deal with Trafigura for 2.5 million tons, or 27 cargoes, spread over five years, with supplies starting the middle of this year.

The recent deals have been signed at a 115% link to Henry Hub plus $5 to $6 per million British thermal units. The supply is for delivery directly to India and includes the cost of shipping.

https://www.bloomberg.com/news/articles/2025-05-07/indian-lng-buyers-embrace-us-benchmark-to-balance-volatility

show less

BPCL to re-start Mozambique LNG project by July

BPCL plans to restart its Mozambique LNG project by July 2025 after force majeure resolution, with project completion expected by July 2028. The company also eyes major capex in refinery, petrochemicals, and city gas distribution, amid growing energy demand and shifting Russian crude dynamics. State-owned Bharat Petroleum Corporation (BPCL) expects to resume operations with resolution of the force majeure in its long-delayed Mozambique LNG project by July 2025, the company’s director finance, V.R.K. Gupta said on Friday. The development comes as the Indian oil and gas companies plan to expand their upstream expansion amid growing energy demand.

SHOW MORE

 “In a positive development for BPCL, US Export-Import Bank, which made the largest project financing commitment of $4.7 billion approved the decision to continue its participation in the Mozambique project. This action is intended to facilitate full restart and force majeure resolution not later than by July 2025,” the company said. The project is expected to be completed by July 2028.

The project was halted back in March 2021, when the operator of the project, France-based TotalEnergies SE, declared force majeure following attacks by Islamic State terrorists. Three Indian oil companies – ONGC Videsh, BPCL, and Oil India together hold a total of 30% stake in the project. BPRL Ventures Mozambique BV, a subsidiary of BPCL holds 10% stake.

Additionally, the company which has recently announced setting up of a greenfield refinery cum petrochemical complex in Andhra Pradesh is working on a detailed feasibility report for the project and expects the Final Investment Decision to be completed by the end of December 2025. The refinery will be completed in 48 months after the FID is taken, the company said. The proposed refinery is expected to have capacity between 9 million tonnes to 12 million tonnes.

For the current financial year 2025-26, the company has laid out a capex plan of Rs 20,000 crore of which Rs 17,200 crore will be in the form of direct investment whereas the remaining would be as equity investment through its joint ventures.

For 2026-27, the company has earmarked Rs 25,000 crore as capex followed by Rs 30,000 crore in 2027-28. “All these major capex investments will go for City Gas Distribution business, petrochemicals and expansion in Mozambique and Brazil,” the company said.

Speaking on the availability of Russian crude which comes at $3 per barrel discount compared to dated Brent, the company said that the competition for the discounted crude oil has increased with countries including Syria and Turkey buying more Russian oil.

The share of Russian oil in BPCL’s imports reduced to 24% in the last quarter of FY25, down from 34% in Q3FY25. However, the company expects improvement in supplies of Russian crude in the current quarter at 30-32%.

“In Q4FY25, we could not meet our full cargo requirements of Russian crude due to the new sanctions. This number has increased in Q1FY26,” said the company.

The company reported a fall of 8% in its consolidated net profit for the last quarter of the financial year 2024-25 at Rs 4,391.83 crore from Rs 4,789.57 crore in the same period the previous fiscal due to weak refining margins. The decline in profit can be attributed to weaker gross refining margins and under recoveries made on the sale of LPG (liquified petroleum gas). On a sequential basis, however, the net profit increased by 15.4% from Rs 3,805.94 crore in Q3FY25.

https://www.financialexpress.com/business/industry-bpcl-to-re-start-mozambique-lng-project-by-july-3830527/

show less

Electric Mobility/ Hydrogen/Bio-Methane

Indian Oil Corporation to award green hydrogen tender by mid-May

IOCL plans to set up green hydrogen units at all of its refineries as part of a ₹2.4 trillion green transition plan to achieve net zero carbon emission status by 2046. Indian Oil Corporation Ltd (IOCL) will award the tender for India’s biggest green hydrogen plant with up to 10 kilo tonnes per annum capacity by mid-May, Chairperson Arvinder Singh Sahney said on Wednesday.

SHOW MORE

With the tender having been reissued twice so far, the company has “taken all precautions” for the tender process to be successful this time, Sahney said at a briefing.

The state-owned oil marketing company has relaunched the tender — calling to create the plant at its Panipat Refinery and Petrochemicals complex on a build-own-operate-transfer basis — twice so far. IOCL plans to set up green hydrogen units at all of its refineries as part of a ₹2.4 trillion green transition plan to achieve net zero carbon emission status by 2046.

The company cancelled its initial tender back in February 2024 after it led to bidders approaching the Delhi High Court. Prospective bidders had alleged a conflict of interest on IOCL’s part in the last tender. This was owing to GH4India Pvt Ltd, IOCL’s joint venture with infrastructure and engineering major Larsen & Toubro (L&T) and renewable energy company ReNew, also bidding for the tender. An industry body of green hydrogen producers, the Independent Green Hydrogen Producers Association, had also moved the Delhi High Court.

Subsequently, a reworked tender was cancelled in August after it reportedly received only two bids — GH4India and Noida-based Neometrix Engineering. According to the tender terms, the winning bidder was required to commence hydrogen gas delivery within 30 months of the project’s award. The project involved a 75 MW electrolyser capacity to generate 300 MW of clean energy, with an overall capital expenditure estimated at $400 million.

https://www.business-standard.com/companies/news/indian-oil-corporation-to-award-green-hydrogen-tender-by-mid-may-125050101027_1.html

show less

Fishermen associations meet in Kanyakumari today to oppose hydrocarbon project

Chennai: Fisherfolk associations in Tamil Nadu’s Kanyakumari district are stepping up their protest against the Centre’s proposed hydrocarbon exploration project in the Kanyakumari sea. A crucial meeting is being held on Sunday in Kanyakumari, where fishermen federations, coastal village representatives, and leaders from neighbouring Kerala are expected to finalise their stance and future course of action.

SHOW MORE

  1. Dunston, Director of the Coastal Peace and Development (CPD), said the meeting will involve several stakeholders and will focus on mobilising collective opposition to the project.

“We are uniting federations and associations from across the region to send a clear message that this project threatens our lives and livelihood,” he said.

The proposed hydrocarbon project stems from the Ministry of Petroleum and Natural Gas’s (MOPNG) 2023 Notice Inviting Offers under the Hydrocarbon Exploration and Licensing Policy (HELP).

The offer pertains to oil and gas exploration in three offshore blocks south of Cape Comorin, spanning nearly 27,154.80 square kilometres.

Environmental activists and local leaders warn that the project will have devastating consequences, particularly for the Wadge Bank, a biologically rich and ecologically sensitive marine zone located near Cape Comorin.

S.P. Udayakumar, coordinator of Pachai Tamizhagam, cautioned that any disturbance in the Wadge Bank would impact the marine biodiversity and irreversibly damage the traditional fishing economy.

“This is not just about fishers in Kanyakumari. The ecological damage will affect communities across Tamil Nadu and Kerala,” he said.

  1. Berlin, district secretary of Neithal Makkal Iyakkam, echoed similar concerns, stating that the plan would turn the sea into a “marine desert.” He called for the immediate withdrawal of the project to protect the ocean ecosystem.

https://www.thehansindia.com/tamilnadu/fishermen-associations-meet-in-kanyakumari-today-to-oppose-hydrocarbon-project-970122

show less

Towards a new approach for green hydrogen production

by PIB Delhi: Researcher have developed fresh insights into proton adsorption behaviour at the surface of catalysts, which can help construct electrocatalysts useful for producing green hydrogen. Plethora of heterostructures have been studied for green hydrogen generation with the effect of built-in electric field (BIEF). However, the metal-oxide-semiconductor (MOS) based p-n heterojunction can be considered as a promising material to have robust BIEF due to asymmetric electronic environment.

SHOW MORE

Recent research is focused on leveraging BIEFs at the interface of different electronic environments to improve hydrogen production. Therefore, analysing and correlating parameters such as the work function, BIEF, and Gibbs free energy (a thermodynamic potential that can be used to calculate the maximum amount of work) is crucial for understanding the reaction mechanism. The difference in work functions between two materials is what drives the initial charge redistribution, which in turn sets up the built-in potential across the junction. BIEF directly affects the dynamics of proton adsorption/desorption, which was evaluated by Gibbs free energy of adsorption.

Scientists of Institute of Nano Science and Technology (INST), Mohali, grew CuWO4 (Copper tungsten oxide) nano-particles precursor over Cu (OH)2 (Copper hydroxide) and fabricated CuWO4-CuO hetero-structure and studied its physical and electrochemical properties. They examined the Gibbs free energy profile for proton adsorption of different regiones and found that near the depletion region and along the interface, the proton adsorption energy shows contrasting behaviour as compared with bulk area. This induces a gradient in Gibbs free energy across and near the depletion region, thereby promoting an improved hydrogen adsorption and desorption.

Interestingly, Scientists from INST, an autonomous institute of the Department of Science and Technology (DST), demonstrated that the interplay between the built-in electric field (BIEF) and Gibbs free energy in the proposed catalyst gives rise to a favourable regime, where hydrogen bonding to the catalyst is optimized, facilitating efficient hydrogen evolution. They also found that along the heterojunction interface, the ∆G indicates high adsorption affinity of protons toward the CuO phase and significant desorption at the CuWO4 phase. The CuO-CuWO₄ catalyst unveils an excellent example of ‘negative cooperativity,’ in which the binding of one molecule decreases the affinity of other binding sites for additional molecules. With more and more proton coverage, the affinity of the catalyst’s surface towards the proton adsorption decreases, and promotes alkaline Hydrogen Evolution Reaction by enhancing desorption.

This research published in Adv. Energy Mater. 2025 helped understand the typical proton adsorption behaviour at the surface of the catalyst, which can help others to design and construct similar electrocatalyst which can give robust activity to produce green hydrogen. Improving in electrocatalytic hydrogen production can lead to sustainable environment with advance green technologies.

https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2124882

show less

Delhi EV policy to generate at least 20,000 jobs

The upcoming Delhi EV policy will create at least 20,000 jobs by establishing different charging stations and battery swapping facilities, citing government officials, Economic Times reported. 

The Delhi government intends to establish a network of EV charging stations at fixed intervals, according to the report. Delhi now has more than 50 locations with EV charging infrastructure, providing EV customers with more than 4,646 charge ports and 250 battery switching stations.

SHOW MORE

The most recent extension of the present EV policy, which was first implemented in 2020, is for three months after April 15, 2025. Moreover, the policy also provides various incentives.

The current EV policy, originally introduced in 2020, has received multiple extensions, the latest one for three months after April 15, 2025. 

https://evindia.online/news/delhi-ev-policy-to-generate-at-least-20000-jobs

show less


GO TOP

INTERNATIONAL NEWS

Natural Gas / Transnational Pipelines/ Others

Singapore: Singapore GasCo set up to centralise country’s natural gas supply

Singapore has established a new entity, Singapore GasCo, to centralise the procurement and supply of natural gas for the country’s power sector — a major milestone in its energy transition journey. The Energy Market Authority and Singapore GasCo said the fully government-owned entity aims to reap economies of scale, secure more favourable gas contracting terms, procure natural gas from a diverse range of sources, and enter into longer-term gas contracts to ensure more stable supply and pricing.

SHOW MORE

“Singapore GasCo will play a key role to support a secure, resilient and cost-competitive power system, as we navigate the energy transition towards a more sustainable future,” they said in a joint statement on Wednesday.

Former Pavilion Energy group chief executive officer Alan Heng has been appointed as the chief executive officer of Singapore GasCo.

He brings over 37 years of experience in the energy sector, including in the natural gas sector, and has held various senior management positions in planning, operations and marketing during his 23-year tenure at ExxonMobil.

Natural gas currently accounts for around 95% of Singapore’s electricity generation.

“As we push ahead with Singapore’s energy transition towards net zero by 2050, natural gas will continue to play a crucial role in safeguarding our energy security and supporting an orderly transition,” they added.

https://theedgemalaysia.com/node/754374

show less

Nigeria engages Ghana over $75m gas debt, promotes Atlantic pipeline partnership

Nigeria and Ghana, two West African nations, have held talks on the sidelines of the West African Gas Pipeline (WAGP) Committee of Ministers meeting in Accra to resolve a pending $75 million debt dispute. Nigeria’s Minister of State for Petroleum Resources, Ekpo Ekperipe, stated that he discussed the outstanding $75m gas debt with Ghana’s President, John Dramani Mahama, during the meeting. The minister emphasized the need to engage relevant agencies in Ghana to settle the debt owed to Nigeria for gas supplied under the West African Gas Pipeline (WAGP) agreement.

SHOW MORE

Ghana’s outstanding debt currently stands at $75 million for gas supplied several months ago, with uncleared documentation hindering payment. Ekpo stressed the urgency of resolving the issue to safeguard energy cooperation and regional harmony, as outlined in the Treaty.

Ghana’s gas deal with Nigeria

Nigeria supplies gas to Ghana through the West African Gas Pipeline (WAGP), a 678-kilometer regional infrastructure project designed to transport natural gas from Nigeria’s Niger Delta to Benin, Togo, and Ghana. The WAGP is operated by the West African Gas Pipeline Company Limited (WAPCo), a consortium that includes Chevron, the Nigerian National Petroleum Corporation (NNPC), Shell, and national gas companies from Ghana, Togo, and Benin.

Gas is primarily used by power plants in Ghana to generate electricity.

Over the years, Ghana has occasionally fallen into arrears due to financial challenges in its energy sector, prompting Nigeria to demand payment to avoid supply disruptions.

The recent $75 million arrears dispute is part of this ongoing supply and payment relationship.

Nigeria seeks support for Atlantic Gas Pipeline Project

The Nigerian Petroleum Minister also solicited Ghana’s support for the African Atlantic Gas Pipeline Project, a strategic project aimed at deepening regional ties in areas of energy security and economic cooperation.

“We are committed to sustaining continued collaboration with Ghana in the gas sector,” he stated, reaffirming Nigeria’s readiness to resolve all outstanding matters related to gas supply under the WAGP agreement.

President Mahama, in his response, expressed appreciation for the minister’s comments and shared concerns, reiterating Ghana’s commitment to fulfilling its financial obligations to the West African Gas Pipeline project and promoting regional stability and prosperity.

Notably, in February, the Ghanaian government announced plans to negotiate with Nigeria’s N-Gas Limited to settle a $37.5 million payment, part of the outstanding debt for gas supplied to Ghana’s power plants.

However, the Managing Director of N-Gas has not confirmed or denied whether the payment was made.

https://africa.businessinsider.com/local/markets/nigeria-engages-ghana-over-dollar75m-gas-debt-promotes-atlantic-pipeline-partnership/r4evz38

show less

Canada: TC Energy Signals Wave of New Gas Pipeline Projects on Rising Power Demand

Canadian pipeline operator TC Energy is forecasting an uptick in capital project announcements later this year and into next, as coal-to-gas conversions and data center growth drive natural gas demand in North America. The company, which last year spun off its oil pipeline business to pursue a natural gas-focused strategy, is bullish on its outlook as North American power consumption is forecast to rise to record highs.

SHOW MORE

The growing demand for electricity from data centers dedicated to artificial intelligence and cryptocurrency is in particular creating opportunities for energy companies.

Calgary-based TC said on Thursday that the current slate of new project opportunities is among the most robust it has seen in decades.

Over the past six months, it has sanctioned approximately C$4 billion of new capital projects. CEO François Poirier said TC expects an “increased cadence” of project announcements in the second half of 2025 and into 2026.

“Our guidance to you around the cadence of additional projects is not just based on a macro backdrop, it’s based on a series of specific projects in which we are in the late stages of negotiations and development,” Poirier said on a conference call with analysts.

TC Energy, which remains bullish on power demand growth, announced on Thursday new natural gas and nuclear electricity generation projects worth C$2.4 billion.

The company is maintaining its previously forecast guidance for between $5.5 billion and $6 billion in net capital spending in 2025.

It has forecast natural gas demand in North America to grow by 40 billion cubic feet per day over the next decade.

TC Energy — which operates natural gas pipelines in Canada, the U.S. and Mexico — sees its greatest opportunity in the U.S., where it has a significant presence in jurisdictions like the U.S. Midwest and Virginia, where there are large clusters of data centers under development.

It is also keen to provide natural gas to Canada’s fledgling liquefied natural gas industry, having built the Coastal GasLink pipeline to supply LNG Canada. It has the ability to expand capacity through the addition of compressor stations if the second phase of development at LNG Canada’s export terminal site near Kitimat, B.C. goes ahead.

Poirier said he is hopeful that in the aftermath of Canada’s federal election earlier this week, Prime Minister Mark Carney will fulfill his campaign trail promise to speed up approvals for energy projects.

TC Energy missed analysts’ estimates for first-quarter profit on weakness in its power and energy solutions business, while higher interest expenses offset gains in its natural gas operations.

Adjusted core profit for the company’s power and energy solutions business fell 30% to C$224 million in the first quarter, hurt by a unit of the Bruce Power nuclear reactor going offline for repairs.

Bruce Power, partly owned by TC Energy, supplies 30% of Ontario’s electricity.

On an adjusted basis, TC Energy earned C$0.95 per share for the three months ended March 31, compared with analysts’ average expectation of C$0.97, according to data compiled by LSEG.

https://pgjonline.com/news/2025/april/tc-energy-signals-wave-of-new-gas-pipeline-projects-on-rising-power-demand

show less

Nigeria: U.S. Eyes Investment in Nigeria-Morocco Gas Pipeline

The U.S. has expressed interest in investing in the Nigeria-Morocco Gas Pipeline project, according to Nigeria’s Minister of Finance, Wale Edun. The statement was made on April 26, following a meeting between Nigeria’s Central Bank Governor, Olayemi Cardoso, and representatives from the U.S. State Department.

SHOW MORE

Set to become the world’s longest onshore gas pipeline, the $25 billion, 5,660-km infrastructure will connect Nigeria to Morocco through 13 West African countries, including Mauritania, Senegal, The Gambia, Guinea-Bissau, Guinea-Conakry, Sierra Leone, Liberia, Ivory Coast, Ghana, Togo and Benin.

The pipeline will also create a strategic energy corridor linking West Africa to Europe, improving energy security for both regions and benefiting approximately 34 million people along the Atlantic Coast.

https://energycapitalpower.com/u-s-eyes-investment-in-nigeria-morocco-gas-pipeline/

show less

US: INGAA President Urges Congress to Reform Permitting Rules for Natural Gas Pipelines

INGAA President and CEO Amy Andryszak testified before the U.S. House Subcommittee on Energy this week, urging lawmakers to advance policy reforms to address challenges hindering energy infrastructure development, including interstate natural gas pipelines.

SHOW MORE

Andryszak said changes to the permitting process, combined with adequate staffing and expertise across federal agencies, are essential to ensuring that pipelines, storage facilities and other critical infrastructure can be built to meet growing national energy needs.

In her testimony, she called on Congress to pursue several key reforms:

Restore the National Environmental Policy Act (NEPA) to its original role as an analytical tool, rather than a mechanism to block infrastructure projects.

Establish reasonable limits to prevent misuse of Clean Water Act (CWA) Section 401.

Ensure certainty and durability in the U.S. Army Corps of Engineers’ Nationwide Permit program.

Reduce litigation risks that delay or derail projects.

Growing Energy Demand Adds Urgency

Andryszak stressed that rising electricity demand, driven in part by electrification and the expansion of AI and data centers, makes pipeline buildout more important than ever.

“U.S. electricity demand is projected to continue growing due to electrification and an expansion of AI and data centers,” she said. “Estimates vary for how many additional GW of power generation capacity will be needed, however the U.S. EIA projected that by 2050 American electricity net generation will rise by more than 45 percent.”

Natural gas, she noted, remains the nation’s largest electricity fuel source, currently accounting for 43% of generation.

“Demand for gas has continued to grow and we’re going to need more pipeline infrastructure to meet that demand,” she said.

Permitting Challenges Remain a Major Obstacle

Andryszak also highlighted the difficulties associated with the current permitting process, particularly for interstate pipelines that must navigate approvals from multiple federal and state agencies.

“The permitting system poses a particular challenge to interstate natural gas pipelines, which span multiple states, since they must obtain approvals from numerous federal and state agencies,” she said. “The onerous, often duplicative review of natural gas pipelines and the inevitable litigation relating to permits often make projects unviable.”

https://pgjonline.com/news/2025/may/ingaa-president-urges-congress-to-reform-permitting-rules-for-natural-gas-pipelines

show less

Switzerland: I Squared Nears Deal for $5 Billion Matterhorn Pipeline

A consortium led by I Squared Capital is considering buying Matterhorn Express Pipeline in a deal that would value the Texas natural gas conduit at about $5 billion including debt, according to people familiar with the matter. Squared and co-investors including Enbridge Inc. have been in talks to buy a majority stake in Matterhorn, said the people, who asked to not be identified because the information is private.

SHOW MORE

First Infrastructure Capital Advisors, MPLX LP and Enlink Midstream LLC would remain investors in Matterhorn, while Devon Energy Corp. and Ridgemont Partners Management would exit, the people said. FIC and Ridgemont are private equity backers of Matterhorn investor WhiteWater Development LLC.

A final agreement hasn’t been reached and the timing could change or talks could still fall apart, the people added.

Representatives for I Squared, Enlink and WhiteWater declined to comment, while Enbridge didn’t have an immediate comment. Spokespeople for FIC, MPLX, Devon and Ridgemont didn’t respond to requests for comment.

Matterhorn was set up by a group of pipeline developers to carry natural gas from the Permian Basin of West Texas and New Mexico — the country’s largest and most productive oil field — to a distribution hub outside of Houston. The 580-mile pipeline began operating late last year and is designed to transport up to 2.5 billion cubic feet per day of natural gas, according to its website.

Permian Basin gas production has exploded in the past 10 years, though, and continues to require greater takeaway capacity.

With $45 billion in assets under management, Miami-based I Squared has invested in a broad range of infrastructure, including a North American school bus operator and Irish power producer, according to its website. In 2023, I Squared acquired a majority stake in the Whistler Pipeline in the Permian from First Infrastructure Capital, Ridgemont and affiliates of West Texas Gas Inc. and Stonepeak Partners, as well as from the WhiteWater management team, according to a statement at the time.

https://www.bloomberg.com/news/articles/2025-05-02/i-squared-nears-deal-for-5-billion-matterhorn-pipeline

show less

GO TOP

Natural Gas / LNG Utilization / Bio-LNG

US: BP to Supply Woodside’s Louisiana LNG

Woodside Energy Group Ltd. has tapped BP PLC for the supply of up to 640 billion cubic feet of natural gas for the Louisiana LNG project on the United States Gulf Coast. The British energy giant will deliver the volumes starting 2029, a joint statement said Wednesday. “This agreement represents the first tranche of a diversified portfolio of feedgas that will support the Louisiana LNG project, enabled by the project’s extensive interconnectivity to multiple producing basins and interconnecting pipelines”, the companies said.

SHOW MORE

Woodside chief executive Meg O’Neill commented, “Woodside has a long history of successful collaboration with bp. By drawing upon bp’s experience with MiQ certificates, we can access verifiably low methane intensity molecules for the Louisiana LNG project. This supports Woodside’s goals as a member in the UN Environment Program’s OGMP [Oil and Gas Methane Partnership] 2.0 initiative”.

A day prior Woodside announced a positive final investment decision (FID) on the project, which it acquired as Driftwood LNG as part of its $1.2 billion takeover of Tellurian Inc. last year.

 “The forecast total capital expenditure for the LNG project, pipeline and management reserve is US$17.5 billion (100 percent)”, the Australian oil and gas explorer and producer said. New York City-based Stonepeak Partners LP will provide a staggered contribution of $5.7 billion in exchange for a 40 percent stake, under an agreement announced earlier this month.

Louisiana LNG has an Energy Department permit to export a cumulative 1.42 trillion cubic feet a year of natural gas equivalent, or 27.6 million metric tons per annum (MMtpa) of liquefied natural gas (LNG) according to Woodside, to both FTA and non-FTA countries.

The FID announced Tuesday is for phase 1, which will build 3 liquefaction trains with a collective capacity of 16.5 MMtpa,

Louisiana has already been under construction by Reston, Virginia-based Bechtel Corp.

 “Development of Louisiana LNG will position Woodside as a global LNG powerhouse, enabling the company to deliver approximately 24 Mtpa [million metric tons per annum] from its global LNG portfolio in the 2030s, and operating over 5 percent of global LNG supply”, Woodside said. “The development has expansion capacity for two additional LNG trains and is fully permitted for a total capacity of 27.6 Mtpa.

“Louisiana LNG represents a compelling investment that will deliver significant cash flow and create long-term value for Woodside shareholders. It exceeds Woodside’s capital allocation targets, delivering an internal rate of return above 13 percent and a payback period of seven years.

 “At full capacity, the foundation project is expected to generate approximately $2 billion of annual net operating cash in the 2030s. It will drive Woodside’s next chapter of value creation, giving the company’s global portfolio the potential to generate over $8 billion of annual net operating cash in the 2030s”.

Woodside said it would not revise its emission reduction plan to account for Louisiana LNG.

https://www.rigzone.com/news/bp_to_supply_woodsides_louisiana_lng-01-may-2025-180403-article/

show less

Oman: TotalEnergies, OQEP Begin Construction of Marsa LNG Plant in Oman

TotalEnergies SE and OQ Exploration and Production (OQEP) have begun construction of the Marsa LNG plant, located in the port of Sohar, northern Oman, one year after the final investment decision. The liquefaction plant, which has a capacity of 1 million tons per year and is expected to begin operations in the first quarter of 2028, is primarily intended to serve the marine fuel market as the first liquefied natural gas (LNG) bunkering hub in the Middle East, TotalEnergies said in a news release.

SHOW MORE

The Marsa LNG plant is fully electrified and combined with a 300 megawatt-peak (MWp) photovoltaic solar farm that will supply the equivalent of the plant’s annual energy needs. The plant is set to be one of the lowest carbon intensity LNG plants in the world, as much as 90% lower than the average carbon intensity of other global LNG plants, according to the release.

Marsa LNG LLC, a joint company owned 80 percent by TotalEnergies and 20% by OQEP, is constructing the plant.

Marsa LNG has signed a charter contract for a new LNG bunkering vessel, which is under construction and will be stationed in Sohar from 2028, where it will supply LNG to a wide range of vessels such as container ships, tankers, and large cruise ships.

“I’m very proud to see Marsa LNG breaking ground, alongside our long-standing partner OQEP, and with the strong support from the Sultanate’s authorities,” TotalEnergies Chairman and CEO Patrick Pouyanné said. “This flagship project demonstrates that LNG production can be very low carbon, contributing to making gas a long-term transition fuel. With an ambitious technical design, we intend to set the standard and pave the way for the next generation of low-emissions LNG plants across the world. We also offer an effective way to support the shipping sector’s energy transition, by providing lower-emissions marine fuel in a key location at the entrance of the Gulf”.

Oman Minister of Energy and Minerals Salim bin Nasser Al Aufi said, “The Ministry reiterates its steadfast commitment to supporting downstream energy projects as a vital pillar of economic integration across the industrial, trade, port, and logistics sectors. The Marsa LNG project, a strategic collaboration project between OQ Exploration & Production and TotalEnergies, embodies this commitment by developing advanced infrastructure for supplying vessels with LNG as an alternative clean fuel”.

“This project marks a significant step in advancing low-emission energy solutions, reinforcing Oman’s position as a reliable regional hub for clean maritime fuel. It aligns with the objectives of Oman Vision 2040, particularly in sustainability and industrial innovation. Additionally, it underscores our dedication to providing responsible energy solutions for the global shipping sector while actively reducing its carbon footprint,” he added.

OQEP CEO Ahmed Al Azkawi said, “At OQEP, we are committed to driving innovation and sustainability in Oman’s energy landscape. The Marsa LNG project represents a solid step forward, harnessing cutting-edge technology and strategic collaboration to ensure a cleaner, and affordable energy future. As the first LNG bunkering hub in the Middle East, Marsa LNG will play a pivotal role in reducing emissions in the shipping industry while reinforcing Oman’s position as a key player in the global energy sector. We take immense pride in contributing to this transformative journey—one that sets new standards for low-carbon energy solutions”.

https://www.rigzone.com/news/totalenergies_oqep_begin_construction_of_marsa_lng_plant_in_oman-05-may-2025-180427-article/

show less

Japan’s Eneos to ramp up investment in LNG, SAF while slowing hydrogen

Japan’s top oil refiner, Eneos Holdings, plans to increase investment in low-carbon energy such as liquefied natural gas and sustainable aviation fuel, while slowing efforts in cleaner alternatives like hydrogen, its CEO said on Monday. Under a new three-year business plan through March 2028, Eneos (5020.T), opens new tab will invest 1.56 trillion yen ($10.7 billion), including 740 billion yen in strategic spending focused on low-carbon and decarbonised energy, such as renewables and carbon capture.

SHOW MORE

“We plan to reinforce and expand our LNG operations as demand is expected to grow through around 2040,” CEO Tomohide Miyata told a news conference.

Spending over the period includes 310 billion yen in low-carbon energy, 250 billion yen in decarbonised energy, and 180 billion yen in oil and chemicals, on top of 820 billion yen to maintain its core refinery operations.

Eneos may also tap up to 1 trillion yen in management reserves for strategic investments, including in LNG, Miyata added.

Like its global peers, Eneos is shifting its business portfolio to align with the energy transition.

“But the trend toward a carbon-neutral society is slowing, and the full-scale bifurcation of the energy transition, previously expected around 2030, may be delayed,” Miyata said, adding the company is in no rush to supply hydrogen and ammonia.

In the new plan, Eneos has removed its previous target of supplying up to 4 million metric tons of hydrogen by the fiscal 2040 year.

Instead, stable and affordable energy, including oil, has become more important amid rising energy security concerns, U.S. policy risks, and the growing cost of decarbonisation technologies, Miyata said.

Eneos already holds stake in LNG projects in Asia, but Miyata said U.S. projects, including Alaska LNG, could be considered if economically viable.

The refiner reported a 22% decline in net profit for the year ended March 31 and forecast a 18% drop for the current year.

It aims to raise its refinery run rate, excluding scheduled maintenance, to 90% by fiscal 2027, up from 78% in 2024.

https://www.reuters.com/sustainability/climate-energy/japans-eneos-ramp-up-investment-lng-saf-while-slowing-hydrogen-2025-05-12/

show less

Tanzania inaugurates first CNG station in Dar

The government of Tanzania has launched a new Compressed Natural Gas (CNG) station in Dar es Salaam as a move to promote sustainable energy. The inauguration was officiated by Deputy Minister for Energy, Judith Kapinga, who highlighted the government’s commitment to improving service delivery and supporting eco-friendly transport solutions.

SHOW MORE

The state-of-the-art facility, managed by the Tanzania Petroleum Development Corporation (TPDC), is equipped with pumps that can fuel eight vehicles at once and will operate around the clock. The development aims to ease congestion at existing stations and bolster the adoption of cleaner energy alternatives in the country.

The facility is capable of serving up to 1,200 vehicles each day. Deputy Minister for Energy noted that the new facility would alleviate pressure on older stations like the one at Ubungo Maziwa, which has seen long queues due to growing demand for natural gas.

In a symbolic move towards greener public transportation, the event also featured a natural gas-powered demonstration bus from Dar Rapid Transit (UDART). The bus represents a future shift in urban mobility, where public vehicles increasingly rely on cleaner fuel options.

TPDC Board Chairman, Ambassador Ombeni Sefue, emphasized the corporation’s broader mission to increase the availability of natural gas across Tanzania. He stated that the station would not only serve motorists but also deliver CNG to institutions such as schools, hotels, and factories using specially outfitted trucks. This, he added, would significantly reduce reliance on traditional petroleum fuels.

Kilumbe Ng’enda, Vice Chairperson of the Parliamentary Committee on Energy and Minerals, praised the initiative, citing that switching to CNG could reduce fuel expenses by more than 40 percent compared to petrol or diesel. He also underscored the environmental benefits of expanding natural gas infrastructure in line with the country’s long-term sustainability goals.

The new CNG station is the largest of its kind in East Africa and the second-largest in Africa, signaling Tanzania’s growing leadership in clean energy development. The project aligns with the government’s broader vision of transitioning to a green economy through investment in affordable and environmentally responsible energy sources.

https://pumps-africa.com/tanzania-inaugurates-first-cng-station-in-dar/

show less

Global LNG Development

US: LNG shipping platform finds new owner

U.S.-headquartered alternative asset manager Apollo has signed a deal with Norway’s HitecVision, an investor in the European energy industry, to acquire the maritime liquefied natural gas carrier (LNGC) infrastructure platform Hav Energy LNG through its managed Apollo Funds. While financial terms were not disclosed, the Norwegian firm believes the current state of play in the LNG segment will support Hav Energy’s future growth trajectory.

SHOW MORE

This is underpinned by predictions for the global LNG imports to reach over 600 million metric tons annually by 2040, driven by growth in Asia and Europe, efforts to curb emissions in heavy industries and transportation, and demands for new liquification capacity coupled with limited newbuild LNG vessel supply.

Joseph Romeo, partner at Apollo, commented: “Hav Energy has quickly scaled into a top platform facilitating the global transport of LNG, which we view as a bridge fuel capable of reducing emissions for rapidly growing power demand.

“We are excited to work with the Hav Energy team and their aligned, well-regarded partners in Knutsen to accelerate growth of the platform, which we believe can serve as a vital infrastructure link supporting enhanced energy resiliency for customers around the world.”

Established by HitecVision in 2022, Hav Energy invests in LNGC infrastructure projects in partnership with Knutsen LNG. Jointly, they own a portfolio of ten newbuild LNGCs.

The fleet encompasses two modern operating vessels and eight under construction at the Hyundai Heavy Industries shipyard in Korea, due for delivery in 2025 and 2026. All vessels are said to be 100% contracted on long-term charters with investment-grade counterparties.

“This transaction represents a critical juncture for Hav Energy as we continue to build a next-generation fleet of LNG infrastructure carriers and pursue attractive growth opportunities to expand our capabilities alongside our new partners at Apollo,” noted Hav Energy CEO Randi Vestbø.

“We are grateful for the guidance, backing and strategic support from HitecVision, which has been instrumental in our development and positions us for our next phase of growth as industry tailwinds continue to drive long-term LNG demand globally.”

Knutsen LNG’s French affiliate recently took over the LNG carrier Józef Piłsudski from HD Hyundai Samho Industries’ shipyard in South Korea to deliver it to its new charterer, Poland’s Orlen Group. The vessel was previously named together with another LNG carrier, Jan Paderewski.

https://www.offshore-energy.biz/lng-shipping-platform-finds-new-owner/

show less

US: Energy Transfer Aims for FID on Lake Charles LNG Project by End-2025

Energy Transfer is targeting a final investment decision on its Lake Charles LNG export project in Louisiana by the end of the year as it is progressing with contracting LNG offtake volumes, the U.S. pipeline giant said during the Q1 earnings call. Energy Transfer is developing the project, which will convert its existing Lake Charles LNG import and regasification facility into an LNG export facility.

SHOW MORE

The Lake Charles LNG project is fully permitted, uses existing infrastructure, and benefits from an abundant natural gas supply through existing connections to the Henry Hub and connectivity to Energy Transfer’s vast network of natural gas pipelines, the company says.

Over the past weeks, Energy Transfer has signed several offtake agreements. It is currently in discussions for the remaining uncommitted LNG offtake volume and is targeting FID by year-end, co-CEO and CFO Thomas Long said on the Q1 earnings call.

Last month, Energy Transfer entered into a Heads of Agreement (HOA) with MidOcean Energy for the joint development of the Lake Charles LNG project, which MidOcean would commit to fund 30% of construction costs and be entitled to receive 30% of LNG production, or about 5 million tonnes per year. This deal is subject to Energy Transfer LNG taking a positive final investment decision as well as the satisfaction of other conditions precedent.

Also in April, Lake Charles LNG signed a binding sales and purchase agreement with a Japanese utility company for up to 1.0 MTPA, subject to the approval of the board of directors of this company, expected by the end of May 2025. Lake Charles LNG also signed an HOA with a German energy company for 1.0 MTPA last month.

“We are making substantial progress towards commercialization of the project,” Energy Transfer’s Long said on the call with analysts.

Demand for U.S. LNG is high as Europe is buying up American cargoes to fill gas storage before next winter and appease U.S. President Donald Trump amid the tariff blitz on America’s trade partners.

However, higher costs, supply chain issues, and the U.S. steel tariffs could make large energy infrastructure projects much more expensive than originally planned.

By Charles Kennedy for Oilprice.com

https://oilprice.com/Latest-Energy-News/World-News/Energy-Transfer-Aims-for-FID-on-Lake-Charles-LNG-Project-by-End-2025.html

show less

US: Commonwealth LNG signs SPA with major energy company

Commonwealth LNG has announced that it has signed a sale and purchase agreement (SPA) with a major Asian energy company. Under the agreement, the buyer will purchase 1 million tpy of LNG for 20 years from Commonwealth’s 9.5 million tpy facility currently under development in Cameron, Louisiana, US.

SHOW MORE

“This offtake agreement marks another important milestone for Commonwealth as we work toward a final investment later this year and first offtake planned for 2029,” said Ben Dell, Managing Partner of Kimmeridge and Chairman of Commonwealth. “We look forward to working with this Buyer, a longstanding leader in LNG, as we further our integrated wellhead-to-water strategy in delivering LNG to critical markets around the world.”

Commonwealth’s phase 1 development is expected to bring an investment of more than US$11 billion to Louisiana and generate an estimated US$3.5 billion in annual export revenue. The project is expected to employ approximately 2000 workers at the peak of construction and provide approximately 275 high-paying jobs when the facility begins operations in late 2029.

The energy buyer is one of the world’s leading energy corporations, operating comprehensively across the oil and gas value chain from upstream to downstream. In the LNG sector, this Buyer is currently one of the largest global suppliers of LNG.

“We look forward to building and strengthening our partnership with this Buyer in mutually beneficial ways as we progress on our journey,” said Commonwealth President and CEO Farhad Ahrabi. “We’re committed to building and creating a safe, reliable, efficient, and well-governed LNG operating company.”

Commonwealth is owned by Kimmeridge SoTex Holdco LLC (SoTex), which was founded by Kimmeridge, an asset manager focused on the energy sector. Through SoTex, which also holds an upstream natural gas development company called Kimmeridge Texas Gas, Kimmeridge is building America’s first integrated gas independent to deliver low-cost natural gas from wellhead-to-water and meet burgeoning demand for responsibly-produced LNG across global markets.

https://www.hydrocarbonengineering.com/gas-processing/07052025/commonwealth-lng-signs-spa-with-major-energy-company/

show less

Egypt Signs Long-Term Deal for Terminal to Extend LNG Imports

Egypt signed a 10-year deal with Höegh Evi Ltd. for a floating liquefied natural gas import terminal, signaling the North African nation’s long-term dependency on fuel imports. Under a charter agreement with Egyptian Natural Gas Holding Co., the Hoegh Gandria will be deployed at the port of Sumed in the fourth quarter of 2026, the marine energy infrastructure company said in an emailed statement to Bloomberg. The vessel, which has been serving as an LNG carrier, will immediately begin its conversion to a floating storage and regasification unit.

SHOW MORE

Rising domestic demand, hot summers, and rapidly deteriorating domestic production mean Egypt needs to buy increasing volumes of LNG. The country has already made plans to add several units to import the fuel and is in talks with Qatar over long-term gas supply contracts from the Gulf emirate.

The FSRU, supplying as much as 1,000 million standard cubic feet of gas a day at peak capacity, will replace the Hoegh Galleon, which is currently serving as Egypt’s only operational LNG import terminal. Höegh Evi provided that vessel to Egypt for 19 to 20 months last year when the nation made a dramatic turn from a net LNG exporter to a net importer.

https://www.bloomberg.com/news/articles/2025-05-12/egypt-signs-long-term-deal-for-terminal-to-extend-lng-imports

show less

Qatar: QatarEnergy in talks with Japan on long-term LNG supply deal

One of the world’s biggest liquefied natural gas suppliers, QatarEnergy [RIC:RIC:QATPE.UL], is in talks with Japanese firms for a long-term deal to supply LNG from its North Field expansion project, five trading and industry sources told Reuters. Under the deal, Qatar would supply a consortium of Japanese importers, and a volume of at least 3 million metric tons per annum of gas would be split between them, four of the sources said.

SHOW MORE

If agreed, it would help to confirm Doha’s decades-old dominance of the Japanese market, as competition intensifies from the United States and from neighbouring Gulf suppliers, the United Arab Emirates and Oman, that offer more flexible contract terms.

It would also be the first deal since Reuters reported in October that Qatar was finding it hard to agree to LNG term deals with east Asian buyers in Japan and South Korea due to competition.

The buyers in talks with QatarEnergy include JERA, Japan’s largest power generator and trading house Mitsui & Co (8031.T), opens new tab, said four of the sources, who declined to be identified as they were not authorised to speak to the media.

QatarEnergy did not immediately respond to a Reuters request for comment, while JERA said it is in discussions with various suppliers for LNG procurement. It recognised Qatar as an important supplier, but said it would not disclose specific details of its discussions.

At an earnings briefing on Monday, a JERA executive said the company needed to diversify its sources of supply.

“Asia-Oceania currently accounts for more than half of our procurement sources. For supply stability, expanding options to regions like North America and the Middle East would be beneficial,” Naohiro Maekawa, head of the financial strategy and planning division, said.

When asked if the company is in talks with QatarEnergy over a long-term LNG contract, Mitsui said it is in discussions with various sellers to ensure stable LNG supply, but would not provide details of individual discussions.

NORTH FIELD EXPANSION

Qatar was the third largest LNG exporter globally after the U.S. and Australia last year, exporting 79.54 million metric tons of LNG in 2024, according to data from analytics firm Kpler.

The Middle Eastern country is planning for an 85% expansion in LNG output from its North Field’s current 77 million tons per annum to 142 mtpa by 2030, from a previously expected 126 mtpa.

Japan is the world’s second biggest LNG buyer after China, with its trade data showing imports of 65.89 million tons of the fuel last year.

Qatar had been among Japan’s top three LNG suppliers a decade ago, shipping over 15-16 mtpa to the East Asian country between 2012-2014.

The surge followed Qatar’s support in ramping up LNG exports after the 2011 earthquake and tsunami triggered the Fukushima nuclear disaster, leading to the gradual shutdown of all Japanese nuclear reactors.

But those volumes have since shrunk, as Japan’s nuclear reactors have slowly restarted. JERA also chose not to renew its long-term contract with Qatar for 5.5 mtpa, which expired at the end of 2021. Qatar exported just under 3 million tons to Japan last year, Kpler data showed.

A senior JERA executive told Reuters in January that his company planned to increase its LNG purchases from the United States to diversify its supply and meet demand growth spurred by data centres and AI and also plans to talk to suppliers in the Middle East to help diversify its suppliers.

https://www.reuters.com/business/energy/qatarenergy-talks-with-japan-long-term-lng-supply-deal-2025-05-01/

show less

Oman: TotalEnergies, OQEP Break Ground on Marsa LNG Project in Oman

TotalEnergies and OQ Exploration and Production (OQEP) have officially launched construction on the Marsa LNG plant, a significant liquefied natural gas (LNG) project located in the port city of Sohar in northern Oman. The groundbreaking ceremony was held under the patronage of Oman’s Minister of Energy and Minerals, His Excellency Eng. Salim bin Nasser Al Aufi, alongside TotalEnergies Chairman and CEO Patrick Pouyanné and OQEP CEO Ahmed Al Azkawi.

SHOW MORE

Marsa LNG LLC, a joint venture between TotalEnergies (80%) and OQEP (20%), is overseeing the development of the 1 million-ton-per-year LNG liquefaction facility. The plant is slated to begin operations in the first quarter of 2028 and will primarily supply LNG for the marine fuel market in the Gulf region.

Designed with sustainability at its core, Marsa LNG is fully electrified and will be powered by a 300-megawatt-peak photovoltaic solar plant. This integration allows the facility to operate with one of the world’s lowest carbon intensities for an LNG plant—less than 3 kg CO2 equivalent per barrel of oil equivalent (boe), approximately 90% below the global average of 35 kg CO2e/boe.

Strategically positioned at the entrance to the Gulf, the site will also serve as the region’s first LNG bunkering hub. Marsa LNG has signed a charter contract for a new LNG bunkering vessel named Monte Shams, honoring Oman’s Jabal Shams or “Mountain of the Sun.” The vessel is under construction and will be stationed in Sohar beginning in 2028 to supply LNG to various vessels, including tankers, container ships and cruise liners.

“I’m proud to see Marsa LNG breaking ground with our longstanding partner OQEP and the strong backing of the Omani authorities,” said Pouyanné. “This project demonstrates that LNG can be produced with very low emissions, setting a benchmark for future facilities worldwide and supporting the shipping industry’s energy transition.”

Minister Al Aufi emphasized the project’s alignment with Oman Vision 2040 and the country’s sustainability and innovation goals. “Marsa LNG reflects our dedication to creating infrastructure for clean marine fuel while enhancing economic integration across industries and strengthening Oman’s status as a regional energy hub,” he said.

OQEP CEO Ahmed Al Azkawi added, “This project represents a major stride toward a cleaner, more affordable energy future and reinforces Oman’s role in global energy. We are proud to support the maritime sector’s decarbonization efforts.”

https://www.chemanalyst.com/NewsAndDeals/NewsDetails/totalenergies-oqep-break-ground-on-marsa-lng-project-in-oman-36313

show less

Bermuda: $13.7 billion deals for $50B South American LNG project put into Bermuda firm’s hands

Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure Golar LNG has gotten hold of two multibillion-dollar assignments related to Argentina’s proposed liquefied natural gas (LNG) large-scale upstream and midstream integrated gas development project, estimated to be worth $50 billion, in the Sierra Grande Norte, on the South American country’s Atlantic coast.

SHOW MORE

Golar LNG has confirmed the final investment decision (FID) and fulfillment of all conditions precedent for the 20-year re-deployment charter of the floating LNG (FLNG) Hilli Episeyo, known as the FLNG Hilli. Thanks to a deal, first announced on July 5, 2024, the vessel will be deployed off the coast of Argentina and chartered to Southern Energy S.A. (SESA), a company formed to enable LNG exports from Argentina.

This is not the end of good news for the Bermuda-based player, as it also signed definitive agreements for a 20-year charter for the MKII FLNG with SESA, owned by a consortium of leading Argentinian gas producers, including Pan American Energy (30%), YPF (25%), Pampa Energia (20%), and Harbour Energy (15%), as well as Golar (10%).

This unit is currently under conversion at CIMC Raffles shipyard in Yantai, China. However, this charter remains subject to FID and the same regulatory approvals as granted to the FLNG Hilli project, expected within 2025. Therefore, Golar has entered into 20-year charter agreements for 5.95 million tons per year (mtpa) nameplate capacity in Argentina for what is said to be one of the world’s largest FLNG development projects, thanks to commercial terms for the FLNG Hilli with a nameplate capacity of 2.45 mtpa and the MKII FLNG with a nameplate capacity of 3.5 mtpa.

While the former’s expected contract start-up is in 2027, bringing net charter hire to Golar of $285 million per year, plus a commodity-linked tariff component of 25% of free on board (FOB) prices above $8/mmbtu, the latter’s contract start-up is anticipated in 2028, enabling the Bermuda-headquartered company to collect net charter hire of $400 million per year, plus a commodity-linked tariff component of 25% of FOB prices over $8/mmbtu.

Furthermore, the FLNG duo is set to add $13.7 billion in earnings backlog to Golar over 20 years, before adjustments, based on US-CPI, to the charter hire and before commodity-linked tariff upside. As a result, the total upside for the firm will be approximately $100 million for every $1/mmbtu above the $8/mmbtu, when both FLNGs are in operation.

According to the company, SESA may reduce the term of the agreement to 12 years for the FLNG Hilli and to 15 years for the MKII FLNG, subject to a three-year notice and payment of a fee. Golar LNG underlines that the commodity-linked tariff component is upside-oriented; thus, the firm will make 25% of realized FOB prices above a threshold of $8/mmbtu, with no cap to the upside for gas prices.

Moreover, the Bermuda-based player has agreed to a mechanism where the charter hire can be partially reduced for FOB prices below $7.5/mmbtu down to a floor of $6/mmbtu. As a result, the maximum accumulated discount over the life of both contracts has a cap of $210 million, and any outstanding discounted charter hire amounts will be repaid through an additional upside sharing if FOB prices return to levels above $7.5/mmbtu.

Golar, which is not exposed to further downside in the commodity-linked FLNG charter mechanism, claims that the gas producers have committed to supply their pro-rata share of natural gas to the FLNGs under gas sales agreements (GSA) at a fixed price per mmbtu before adjustments. These units will be situated offshore in close proximity of each other, within the Gulf of San Matias in the province of Rio Negro, Argentina.

Karl Fredrik Staubo, Golar’s CEO, commented: “Golar is excited to partner with the leading gas producers in Argentina in establishing the country as an LNG exporter. The vast resources of the Vaca Muerta formation will provide the LNG market with a reliable long-term source of attractive LNG supplies, and a significant contribution to Argentina. For Golar, the project adds robust earnings backlog, attractive commodity upside potential in the FLNG tariff and strong partner alignment through our shareholding in SESA.”

Recently, YPF penned a memorandum of understanding (MOU) with India’s Oil and Natural Gas Corporation (ONGC), Gas Authority of India Limited (GAIL), and ONGC Videsh to export LNG from the Argentina LNG project, which reportedly received the full support of the national and provincial governments in Argentina that granted all necessary approvals, encompassing the first-ever unrestricted 30-year LNG export authorization in Argentina; qualification for the incentive regime for large investments (RIGI); and provincial approval by the province of Río Negro for the offshore and onshore environmental impact assessments for the FLNG Hilli.

These FLNGs will be used to monetize gas from the Vaca Muerta formation, dubbed the world’s second-largest shale gas resource, located onshore in the province of Neuquen, Argentina. While the FLNG Hilli will initially utilize spare volumes from the existing pipeline network, SESA intends to facilitate a dedicated pipeline to be constructed from Vaca Muerta to the Gulf of San Matias to serve gas supply to the FLNGs.

The Argentina LNG project is forecast to benefit from significant operational efficiencies and synergies from two FLNGs in the same area. Golar’s FLNG deals come shortly after Eni and YPF inked a memorandum of understanding (MoU) to evaluate the Italian player’s participation in the Argentina LNG project.

https://www.offshore-energy.biz/13-7-billion-deals-for-50b-south-american-lng-project-put-into-bermuda-firms-hands/

show less

Ukraine: ORLEN Signs Third Contract to Supply Naftogaz with Natural Gas

ORLEN said it plans to import liquefied natural gas (LNG) from the USA, regasify it at the Świnoujście terminal, and then transport it through the Polish transmission system to the Ukrainian border. The agreement marks the third contract under the two companies’ long-term collaboration framework, bringing the total contracted volume of US-sourced gas supplied to Ukraine to 300,000 cubic meters, the company said in a news release.

SHOW MORE

 “The latest agreement with Naftogaz highlights ORLEN’s growing importance as a natural gas supplier in the region. Our partnership contributes significantly to strengthening Ukraine’s energy security through ORLEN’s diversified gas supply portfolio and the efficient utilisation of Polish transmission infrastructure. We remain committed to further supporting Ukraine by ensuring access to stable and diversified gas sources,” Robert Soszyński, Vice President of the ORLEN Management Board for Operations, said.

 “This supply further strengthens the energy partnership between our companies and supports the delivery of a reliable resource to Ukrainian consumers. As we prepare for the next heating season, such contracts remain a key element of our strategy to diversify supply and bolster the country’s energy resilience,” Roman Chumak, Acting Chairman of the Board at Naftogaz of Ukraine, said.

In March, ORLEN signed the second contract with Naftogaz for the additional supply of about 100 million cubic meters of natural gas.

Ammonia Study Launched

Earlier in the month, ORLEN said it launched a market study and dialogue with potential suppliers of low-carbon and renewable ammonia, targeting to produce fertilizers while reducing emissions at the Anwil plant in Włocławek.

The company is also exploring the potential of using renewable ammonia as a source of hydrogen for the production of synthetic aviation fuels, the company said in a separate news release.

The market study will cover the long-term supply of ammonia produced using low-carbon hydrogen and renewable hydrogen of non-biological origin. Both types of ammonia will be used for fertilizer production and will support the decarbonization of the downstream segment, according to the release.

ORLEN said the study aims to enable a thorough evaluation of the impact on reducing greenhouse gas emissions across the entire supply chain of this raw material. The company also plans to gather information on potential equity partnerships within the ammonia value chain.

Data from the study regarding the potential supplies of ammonia produced using renewable and low-carbon hydrogen will inform its decarbonization and energy transition scenario planning, ORLEN said, adding that its demand for low-carbon or renewable hydrogen is expected to rise to approximately 350,000 metric tons per year as of 2035.

In line with its strategy, ORLEN said it aims to reduce emissions from its refinery and petrochemical production processes. The move is also related to the European Union’s REDIII Directive, under which the share of renewable hydrogen of non-biological origin for total industrial hydrogen use, except for fuel production and energy use, should reach 42 percent by 2030 and 60 percent by 2035, the company said.

https://www.rigzone.com/news/orlen_signs_third_contract_to_supply_naftogaz_with_natural_gas-28-apr-2025-180349-article/

show less

GO TOP

LNG as a Marine Fuel/Shipping

Oman: TotalEnergies Breaks Ground for Middle East’s First LNG Bunkering Terminal

The Middle East is set to have its first LNG bunkering facility to be located at the Port of Sohar in Oman. The groundbreaking for the Marsa LNG plant, a $1.6 billion investment by TotalEnergies and OQ Exploration and Production (OQEP), took place a year after the companies reached their final investment decision.

SHOW MORE

Five years after it was conceived, construction of the plant that is designed to position Oman as an LNG hub serving the entire Gulf region has begun. The plant is being implemented by Marsa LNG, a joint venture between TotalEnergies that controls an 80 percent stake and OQEP with a 20 percent shareholding.

Located at Sohar Port and Freezone, one of the fastest-growing ports in the world and a major global shipping corridor, the 1 million tonnes per year (Mt/y) liquefaction plant will offer LNG bunkering to vessels operating across the Middle East. The plant, which is expected to start operations in the first quarter of 2028, is being implemented while Sohar is recording growth in the number of vessels calling at the port, with over 3,000 calls in 2024.

Marsa has already signed a charter contract for a new bunkering vessel christened Monte Shams that is under construction and which will be stationed in Sohar from 2028. It will be able to supply LNG to a wide range of vessels including containerships, tankers, and cruise ships, among others. The vessel, which will have a capacity of 18,600 cbm.

The Marsa LNG project will be powered by upstream gas production of 150 million cubic feet per day sourced from the Mabrouk North-East field in onshore Block 10. Marsa holds a 33.19 percent interest in the field, securing a reliable feedstock supply for the LNG plant.

The plant is being touted as one of the lowest carbon-intensity LNG facilities in the world. It will be fully electrified and combined with a 300 MW solar farm that will supply its annual energy needs.

 “With an ambitious technical design, we intend to set the standard and pave the way for the next generation of low-emissions LNG plants across the world,” said Patrick Pouyanné, TotalEnergies Chairman and CEO. “We also offer an effective way to support the shipping sector’s energy transition, by providing lower-emissions marine fuel in a key location at the entrance of the Gulf.”

The Marsa facility is part of TotalEnergies’ ambitions to support LNG in the shipping energy transition. The company has actively invested in LNG bunkering infrastructure to support its shipping customers’ adoption of LNG and currently deploys three bunker vessels, the Gas Agility at the Port of Rotterdam, the Gas Vitality at the Port of Marseille-Fos, and the Brassavola at the Port of Singapore.

https://maritime-executive.com/article/totalenergies-breaks-ground-for-middle-east-s-first-lng-bunkering-terminal

show less

Bangladesh: Tender issued again to buy one spot LNG cargo

The government has reissued a tender to purchase one spot LNG cargo for the June 26-27 delivery window to meet growing summer demands in industries and power plants. State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) reissued the tender last week to buy the cargo having a volume of around 3.36 million British thermal units (MMBtu). The bid winners will deliver the LNG at Moheshkhali island in the Bay of Bengal, with options to discharge at either of the country’s two floating storage re-gasification units located on Moheshkhali island.

SHOW MORE

The RPGCL reissued the tender after cancelling the previous one as it had received higher-than-expected price proposals from the suppliers, said a senior RPGCL official. If this tender becomes successful, the country’s total buying of spot LNG cargoes in June will be three, which is half of May purchases, he said. Bangladesh purchased six spot LNG cargoes for May deliveries, which is the highest in a single month so far this year. The country projected less LNG demand in June when the temperature is expected to fall with monsoon rainfall, said the RPGCL official.

RPGCL, a wholly-owned subsidiary of state-run Petrobangla, looks into LNG trades in Bangladesh.

Bangladesh recently awarded two spot LNG cargo tenders to Vitol Asia Pte Ltd for May 30-31 and July 2-3 delivery windows at $11.44 per MMBtu and $11.57 per MMBtu respectively. In addition to spot LNG cargoes, Bangladesh has been importing LNG from its two existing long-term suppliers – QatarEnergy LNG (formerly Qatargas) and OQ Trading International – for regasification at its two operational floating, storage and re-gasification units (FSRUs).

https://thefinancialexpress.com.bd/trade/tender-issued-again-to-buy-one-spot-lng-cargo

show less

Technological Development for Cleaner and Greener Environment Hydrogen & Bio-Methane

Renewable hydrogen producer Hy2Gen secures EUR 47 million

Hy2gen AG, the global renewable hydrogen producer, announces it has completed an additional funding round of €47 million from existing shareholders. The round is led by Hy24, the world’s leading low-carbon hydrogen asset manager investing through its Clean Hydrogen Infrastructure Fund, alongside leading Engineering & Technology company Technip Energies, and individual founding investor BenDa (Family fund of Hy2gen’s Chairwoman Dana Kallasch). The capital will be used to accelerate the deployment of Hy2gen’s portfolio of projects producing renewable hydrogen and its derivatives in Europe, Canada and South America – to reach Final Investment Decision (FID) and prepare the construction phase. 

SHOW MORE

Hy2gen is designing, building, and operating green hydrogen, green ammonia, e-SAF, e-methane and e-methanol production plants using Power-to-X processes to support its clients in decarbonizing energy-intensive and strategic ‘hard-to-abate’ sectors such as shipping and aviation, as well as chemicals and fertilizers. Hy2gen’s most advanced projects would represent a total installed electrolysis capacity of c. 2 GW and a funding of more than €5 billion to start the construction phase by 2027.

Hy2gen’s portfolio include the 300 MW project “Courant” located in Canada, a renewable ammonia and ammonium nitrate plant of approximately €2bn of capex, currently finalizing its design, with construction expected to begin by 2027, “Atlantis” plant extension in Germany, which began producing renewable hydrogen in 2023, and “Iverson” project in Norway, aiming to produce 200,000 tons of renewable ammonia annually using renewable hydropower. In addition, Hy2gen is collaborating with H2V in the Fos-Marseille industrial basin, on a 390 MW project with a capex of approximately €1.5bn, contributing to the decarbonization of Europe’s aviation sector with a production of 75,000 tons of e-SAF.

Cyril Dufau-Sansot, CEO of Hy2gen, declared: “Thanks to our financial and strategic investors, we can take our projects to produce renewable hydrogen and hydrogen derivatives to the next level. Looking back at 2022, I am very pleased to receive another capital raise of €47 million thanks to our trusted investors. This enables us to establish ourselves as a top-tier supplier of renewable fuels to cut industrial emissions. With this continued support, we maintain our trajectory to lead the development of the renewable hydrogen industry. The demand for renewable hydrogen and hydrogen derivatives is growing with the long-term economic need to decarbonize industries. We have spent the years since the last capital raise developing projects all over the world for different applications of renewable hydrogen, e-SAF for aviation, e-Methanol, renewable ammonia and more. We have also proven ourselves in operating small-scale production plants with our facility in Werlte, Germany. Now we can confidently complete the planning and certification stages for our industrial-scale production plants and head toward the construction phase.”

Pierre-Etienne Franc, co-founder and CEO of Hy24, said: “In today’s geopolitical and industrial context, resilience is essential. Over the past three years, Hy2gen has demonstrated its ability to build a diversified portfolio of e-fuel and green ammonia projects across Europe, Canada and South America. The company has mobilized a highly experienced team and addressed the complex challenge of industrial scalability and decarbonization, balancing offtake agreements with unique access to renewable resources. As an investor and catalyst, our role is to support the most promising entrepreneurs in the ecosystem. That is why we are reaffirming our confidence in Hy2Gen and its development strategy.”

Arnaud Pieton, Chief Executive Officer of Technip Energies, stated: “As a strategic investor and engineering partner, we are pleased to continue to support Hy2gen’s mission to drive decarbonization forward. We will continue to leverage our engineering capabilities, proven project delivery expertise, and the strengths of our companies, including Rely with its integrated green hydrogen and Power-to-X solutions, to support the successful realization of Hy2gen’s projects. We are dedicated to affordable solutions at scale for a world designed to last.”

Dana Kallasch, of BenDa, said: “As the Chairwoman of the Supervisory Board and a long-term investor in Hy2gen, I am pleased to underscore that the recent capital increase represents not only a significant milestone for the company, but also a pivotal contribution to our shared vision of a sustainable, green future. The newly raised financial resources will enable Hy2gen to further accelerate the development and expansion of its innovative projects in the fields of renewable energy and green hydrogen. These initiatives are crucial not only for the advancement of the industry but also for the broader transition towards a more climate-resilient and sustainable global economy. As a co-founder and committed investor, we are proud to take part in this financing, reaffirming our long-term dedication to Hy2gen’s success and its contribution to a greener future.”

https://www.chemeurope.com/en/news/1186158/renewable-hydrogen-producer-hy2gen-secures-eur-47-million.html

show less

Saudi Arabia on track to lead global hydrogen market

JEDDAH: Saudi Arabia is positioning itself as a leader in the hydrogen economy, with significant investments in both green and blue versions of the fuel with the aim to generate half of the Kingdom’s electricity from renewable sources by 2030. With its commitment to achieving net-zero emissions by 2060, strategic partnerships, and projects like NEOM’s hydrogen initiative, Saudi Arabia is paving the way for a sustainable, hydrogen-powered future.

SHOW MORE

Saudi energy giants, including Aramco and ACWA Power, are leading major projects in this area aligned with the country’s sustainability goals.

ACWA Power’s Sudair solar plant, with a 1,500 megawatt capacity, will offset 2.9 million tonnes of carbon emissions annually. Aramco is also involved in $30 billion renewable energy projects with the Public Investment Fund and other partners.

Yaseen Ghulam, associate professor of economics and director of research at the Riyadh-based Al-Yamamah University, told Arab News that Saudi Arabia plans to invest up to $10 billion in green hydrogen manufacturing firms, aiming to be responsible for 15 percent of the world’s blue hydrogen production. “Aramco aims to generate 11 million tonnes of blue ammonia annually by 2030. In a well-established plan, Saudi Arabia is aggressively investigating the application of hydrogen in many fields. More specifically, the country is also exploring hydrogen applications in industrial, power generation, and transportation, and car fuel for fuel cell-powered vehicles,” Ghulam said.

He added that the country’s Vision 2030, smart trade relationships with Europe and Asia, technological advancements, and government support are driving these plans and progress in the hydrogen energy sector.

The expert noted that integrating hydrogen into Saudi Arabia’s blue economy is a key strategy for sustainable growth, with green hydrogen set to transform industries like transportation, steel production, and heavy-duty vehicles.

“The global green hydrogen market is expected to see annual growth of more than 40 percent by 2030, reaching $72 billion. By 2050, the demand for green hydrogen could replace 37 percent of the world’s oil production. Saudi Arabia, with its focus on the blue economy since the start of Vision 2030, is making efforts to transition to this next stage by producing and using green hydrogen,” he said.

The academic emphasized that Saudi Arabia’s natural environment — specifically its sunny, windy desert landscapes — creates favorable conditions for green hydrogen production. Youssef Saidi, a research fellow at the Economic Research Forum and a member of the Saudi Economic Association, agreed with Ghulam, adding that the abundant renewable energy resources, including solar, wind, and geothermal, make the Kingdom an ideal location for green hydrogen production. Ghulam noted that green hydrogen has potential applications in numerous industries that are expected to play a prominent role in the success of Vision 2030, including transportation, steel production, ammonia manufacturing, and heavy-duty vehicles.

“It can also be used for energy storage, powering transportation, and stabilizing the electrical grid. Currently, many industries that are vital for the blue economy are ready to accept hydrogen, and some industries, such as shipping, transportation, and heavy industry, are preparing for it in the near future,” he said.

Discussing the cost of hydrogen energy production, Ghulam stated that global prices are expected to range between $2 and $7 per kilogram, while Saudi Arabia’s cost is projected to be just $2.16 per kilo.

He noted, however, that if domestic natural gas prices remain stable, the cost of producing blue hydrogen could drop to $1.13 per kilogram. “This will, of course, help the Kingdom’s blue economy progress steadily in the next few decades and beyond,” he said.

According to the International Energy Agency, global hydrogen investments have surged, with the NEOM Hydrogen Project leading the way as the largest to reach a final investment decision, boasting 2.2 gigawatts of electrolyzer capacity.

Ghulam pointed out that Saudi Arabia’s success in the hydrogen sector is also driven by strong international collaborations, such as joining the International Partnership for Hydrogen and Fuel Cells in the Economy, a global initiative aimed at advancing hydrogen and fuel cell technologies.

He added that NEOM, ACWA Power, and Air Products have also formed a $500 billion renewable energy-powered Helios Green Hydrogen and Ammonia Project.

“The facility is expected to produce 650 tonnes of green hydrogen daily by 2026,” he said, adding that Aramco, MIG, and IE have partnered to establish new green hydrogen and ammonia production facilities.

“Germany and the Kingdom are collaborating to develop clean hydrogen technology. King Abdullah University of Science and Technology, NEOM’s Education, Research, and Innovation Foundation along with Enowa, NEOM’s sustainable energy and water systems subsidiary, have recently made agreements to promote the hydrogen economy,” he said.

According to Saidi, the King Salman Energy Park, the Blue Ammonia Supply Chain project, Hydrogen City within the NEOM megaproject, and the Helios Green Fuels Project are all ambitious renewable power initiatives.

He added that these are not the only developments, as the Kingdom has all the resources needed to position itself as a global leader in the renewable energy market and play a key role in achieving long-term global carbon neutrality goals.

Ghulam noted that the demand and supply of hydrogen energy are expected to grow exponentially due to the growing focus on clean energy, as Saudi Arabia is distinguishing itself compared to major global hydrogen producers. He noted that 10 percent of the world’s energy may come from hydrogen by 2050, resulting in a market value of up to $700 billion. “The clean hydrogen market is expected to increase to $640 billion in 2030, compared to the $160 billion in 2022,” the associate professor said.

He explained that while the EU aims to produce 10 million tonnes of green hydrogen and import an additional 10 million tonnes, Saudi Arabia is aiming to become the world’s largest exporter of the fuel by 2030, producing 1.2 million tonnes of green hydrogen.

“The Kingdom’s location along trade routes allows for fast shipping of hydrogen to markets in Northern Europe, South Korea, Japan, and Singapore,” he said.

He said that the Kingdom’s expertise as a major international oil producer — and the existing related infrastructure — offer a strong basis for developing and expanding green hydrogen export capabilities.

“King Abdullah Petroleum Studies and Research Center estimates that financing costs in the Kingdom are at least 200 basis points less than those in Germany, with green hydrogen costing between $1- $2/kg, making it the cheapest producer with clear comparative advantage in international trade of this vital product,” the associate professor said.

More importantly, he concluded, the Kingdom’s ambition to retain its dominance in the international energy trade remains strong, driven by substantial investments and advancements in the hydrogen energy sector.

Meanwhile, Saidi told Arab News that Saudi Arabia is set to play a key role in the global energy transition, leveraging its expertise to develop and scale hydrogen production.

He added that the Kingdom’s abundant hydrocarbon resources can support blue hydrogen production through Steam Methane Reforming with carbon capture and storage.

Saidi explained that international partnerships and private investment are driving Saudi Arabia’s hydrogen sector growth. He noted that the Kingdom aims to become a global hydrogen supplier and has established several joint ventures to develop the necessary infrastructure. “These include partnerships between Air Products and ACWA Power, SABIC and ExxonMobil, and Air Liquide and Tasnee,” he said.

He emphasized that international partnerships enable Saudi Arabia to access cutting-edge technologies and expertise in hydrogen production, storage, and transportation.

Saidi added that these deals also provide market access, which is crucial for scaling up hydrogen production and positioning the Kingdom as a global leader in clean energy.

https://www.arabnews.jp/en/business/article_146562/

show less

Egypt: GASTEC to Supply Novartis Egypt with Biogas

The Egyptian International Gas Technology Company (GASTEC), an EGAS affiliate, signed a cooperation agreement with Novartis Egypt for Pharmaceuticals to supply biogas to the latter’s factory in Cairo. This is within the framework of the fourth and fifth pillars of the Ministry of Petroleum and Mineral Resources’ (MoPMR) strategy, which are focused on diversifying sustainable energy sources, promoting environmental sustainability, and reducing emissions.

SHOW MORE

The supply will be carried out through GASTEC’s advanced truck-transported compressed natural gas system.

The agreement was signed by Abdelfattah Farahat, GASTEC Chairman and Managing Director, and Islam Anwar, Head of Technical Operations at Novartis Egypt.

Farahat said that GASTEC is consistently expanding the use of natural gas in a variety of ways, in line with the pillars of the MoPMR’s strategy which aims to uphold environmental standards and sustainable development, and create the highest added value from natural resources, all within the framework of Egypt’s Vision 2030 and the global Sustainable Development Goals.

He expressed his enthusiasm about the cooperation with Novartis Egypt–one of the world’s largest pharmaceutical companies, emphasizing that the use of biogas strikes an ideal balance between operational efficiency and environmental preservation.

He noted that GASTEC looks forward to more joint projects that support the national economy and preserve the environment.

For his part, Anwar praised the partnership with GASTEC, pointing out that the project supports the environmental sustainability efforts at Novartis’s factory and its pharmaceutical production units. Moreover, it marks a qualitative milestone for pharmaceutical factories in Egypt, making the Novartis factory rely entirely on clean energy in its operations.

It is worth mentioning that the project is considered the first of its kind in Egypt for the production, filtering, and treatment of biogas to extract biomethane and transport it for industrial use.

https://egyptoil-gas.com/news/gastec-to-supply-novartis-egypt-with-biogas/

show less

Utility Global, Hanwha Collaborate on Hydrogen Production Using Biogas

Utility Global, a clean hydrogen production group, announced it will partner with Hanwha Corp. E&C Division to carry out a preliminary front-end engineering (pre-FEED) and design study for the deployment of its proprietary H2Gen system at wastewater treatment plants in South Korea.

SHOW MORE

Through this collaboration, Utility and Hanwha will assess the technical and economic feasibility of building a hydrogen production plant that utilizes biogas generated from South Korean wastewater treatment facilities. The hydrogen will be feedstock for Utility’s H2Gen system, and used in South Korea’s hydrogen-powered mobility sector and for other clean energy applications.

Parker Meeks, CEO of Utility, said, “We are very pleased to enter into this agreement with Hanwha. This partnership represents a strategic advancement in the global expansion of our H2Gen system and marks a meaningful step toward supporting the worldwide goal of producing clean hydrogen in an economic and sustainable way.”

Meeks added, “South Korea already has a well-established hydrogen mobility market and is a country with significant growth potential.”

Dr. Vladimir Novak, chief commercial officer of Utility, said “This agreement is a key milestone in the commercialization of our H2Gen system and signifies an entry for Utility into one of the world’s largest hydrogen mobility markets. We plan to expand across the U.S., Asia, and Europe, providing cost-effective and clean hydrogen for transport and other energy applications.”

The Pre-FEED study will generate foundational data for a basic design package, including design parameters, process configuration, capital requirements, project duration, and economic analysis. This will enable Hanwha to make a more informed and reliable decision regarding the adoption of the H2Gen system for hydrogen production using biogas.

Joon Myoung Lee, head of Hanwha Corp. E&C Division’s Infrastructure Business Unit, said, “We believe that hydrogen production using biogas is a highly attractive solution in terms of aligning with the country’s eco-friendly energy policy and efficient resource utilization. This partnership with Utility is expected to positively contribute to our journey toward becoming a green infrastructure developer.”

https://www.powermag.com/utility-global-hanwha-collaborate-on-hydrogen-production-using-biogas/

show less

Hyundai Motor Group is partnering with Equinix to enhance in-car systems, expanding its HCloud platform to support connected car service users worldwide

Hyundai’s advanced platform, HCloud, is a multi-cloud solution poised to revolutionise real-time processing, offer personalised user experiences and enhance vehicle connectivity on a global scale. This initiative is part of Hyundai’s shift toward software-defined vehicles engineered for greater connectivity, safety and personalisation. The integration of HCloud across Equinix data centres in Asia, North America and Europe is designed to bolster data processing capabilities for connected car service users. Equinix was selected for its ability to provide scalable solutions and unrivaled access to a variety of cloud services.

SHOW MORE

“By leveraging Equinix’s global data centres, we are providing high-quality connected car service and improving user experience through reduced latency, stable global connectivity and enhanced scalability of our HCloud platform,” says Youngjoo Han, Vice President and Head of IT Infra Center at Hyundai Motor Group.

Enhancing connectivity for users

Hyundai Motor Group’s Connected Car Services Platform addresses the increasing need for real-time data processing, seamless connectivity and scalable infrastructure due to the evolving landscape of connected and autonomous vehicles.

The enhancements are set to benefit more than 10 million users, with Hyundai strategically deploying HCloud within International Business Exchange (IBX) data centers managed by Equinix in Seoul, Los Angeles and Frankfurt. These venues were selected for their advantageous proximity to cloud and network ecosystems that underpin the company’s connected car services launched in 2003. Hyundai anticipates doubling its global subscription base by 2026. The platform facilitates in-car infotainment and mobile applications across the Hyundai Motor, Kia, and Genesis brands.

“The partnership with Equinix is taking us a step closer to becoming the global leader in connected car services,” Youngjoo says. “We look forward to continuing this journey with Equinix to sustain the momentum of our growing connected car ecosystem worldwide.”

Advancing a multicloud future

This deployment leverages Equinix Fabric to seamlessly connect HCloud with multiple public cloud providers, including Amazon Web Services (AWS). The hybrid multicloud architecture is set to support global service expansion while ensuring connectivity standards and minimising latency for users.

Research highlights that by 2030, connectivity is expected to be a standard feature in 95% of new vehicles, greatly intensifying the demand for distributed data processing capabilities to meet consumer expectations. Utilising Equinix data centers, Hyundai has reported enhancements in application responsiveness and remote service delivery, supporting its transition towards software-defined vehicles.

“The future of the automotive industry lies in connected cars. Through a hybrid multicloud infrastructure, auto manufacturers can take advantage of cloud services while maintaining the flexibility to choose between secure, dedicated colocation infrastructure and highly scalable cloud services for each workload they support,” explains Chris Jang, Managing Director at Equinix Korea.

“Equinix, with its global footprint, offers not only the necessary infrastructure but also an interconnected digital ecosystem and network-dense infrastructure. This can enable Korean companies, including Hyundai Motor, to accelerate their digital transformation and optimize the customer experience.”

The partnership underscores the critical role data centers play, especially as vehicles become increasingly intuitive and autonomous. For Hyundai Motor Group, teaming up with Equinix supports the enhancement of its infrastructure strategy, focusing on digitally sophisticated cars. 

“The partnership with Equinix is taking us a step closer to becoming the global leader in connected car services,” Youngjoo says.

“We look forward to continuing this journey with Equinix to sustain the momentum of our growing connected car ecosystem worldwide.”

https://evmagazine.com/technology/how-equinix-is-supporting-autonomous-vehicle-development

show less

 

GO TOP