Natural Gas News – April 8, 2022
Natural Gas News – April 8, 2022
Political will can lead to accelerated LNG import
Europe can deploy new LNG import infrastructure far more quickly than in the past when there is the “political will” to do so, a senior official from industry group Gas Infrastructure Europe said April 6. GIE deputy secretary general Roxana Caliminte, speaking during a Eurogas-organized webinar, also said it would be important for Europe to lock in long-term LNG supply agreements to guarantee imports. “We are working in very fast-paced times. We’ve got to be careful to do things right,” Caliminte said. Countries across Europe are currently rushing to secure new LNG import infrastructure as they look to cut Russian pipeline imports, with plans being made to realize numerous projects — both old and new — in record time. Most of the plans are for floating LNG import facilities — known as FSRUs … For more info go to https://bit.ly/3uis8E4
U.S. shale gas, LNG firms meet with Europe
At least a dozen U.S. shale gas executives met on Wednesday with European energy officials to discuss expanding U.S. fuel supplies to Europe amid a scramble to replace Russian imports. The group met in Houston with foreign affairs and economic ministers and commercial buyers looking to reduce their imports of Russian oil, coal and liquefied natural gas over its invasion of Ukraine, executives said. The European Union plans to cut its reliance on Russian gas by two-thirds this year. read more Delegations from Latvia and Estonia, diplomats from Bulgaria, Estonia, France, Germany, Hungary, Latvia, and the UK toured the Golden Pass LNG export project in Sabine Pass, Texas, and later met in Houston with shale gas producers, said Fred Hutchison, chief executive of trade group LNG Allies. Group… For more info go to https://reut.rs/3ujGsMg
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