Natural Gas News – May 11, 2018

Natural Gas News – May 11, 2018

Noble Energy Agrees to Develop Alen Field’s Natural Gas Offshore Equatorial Guinea

Oil & Gas Journal reported: Noble Energy Inc. signed an agreement with the Equatorial Guinea government and necessary third-parties establishing a framework for development of natural gas from offshore Alen field. Gas will be processed through Alba Plant LLC’s liquefied petroleum gas plant and EGLNG’s liquefied natural gas (LNG) plant. Sanction of the project is contingent upon final commercial agreements being executed. Gary W. Willingham, Noble Energy’s executive vicepresident, operations, said the agreement is a step toward producing “a substantial amount of gas from the Alen field through existing infrastructure on Bioko Island. This project will transform the Alen platform into an offshore hub for potential development of additional gas fields nearby. First production is anticipated early in the next decade.” Existing production and processing facilities in place at the Alen platform and in Punta Europa require only minor modifications to produce and process Alen gas. The agreement contemplates construction of a 65-km pipeline to transport gas from Alen platform to Punta Europa.

A U.S. Shale Gas Cargo is Heading to Israel for the First Time

Bloomberg reported: Israel is about to receive a cargo of U.S. liquefied natural gas, the first to arrive in the Middle Eastern nation from America’s shores since exports began in 2016. The vessel British Diamond, beneficially owned by BP Plc, is set to arrive at Israel’s Hadera import terminal on May 27 after departing Cheniere Energy Inc.’s Sabine Pass in Louisiana on May 3, ship tracking data compiled by Bloomberg show. Most cargoes to Hadera have come from Trinidad and Tobago, which also ships to the U.S.