Daily News

Dry natural gas production in the United States will keep growing over the next three decades, driven by demand from the industrial and electric power sectors. Beyond 2020, production is likely to grow faster than consumption, according to the EIA’s Annual Energy Outlook 2018, with excess volumes to be exported to Mexico or sold on global LNG markets.

Published in Markets

Eni, the Italian state-owned oil and gas producer, has set out the timeline for sanctioning its LNG project in Mozambique. Final investment decision (FID) on the Coral FLNG project is set to be made in 2019, or 2020, with Eni targeting first gas from its Mamba discovery in the Rovuma basin for the Coral FLNG plant by 2024. Investors hope supply from the Coral venture could revive South Africa’s subdued gas-based Independent Power Projects (IPPs).

Published in Markets

Iran’s Thermal Power Plants Holding Co. (TPPH) is working on realizing plans for adding nearly 3,000MW of new power generation capacity to help meet the nation’s growing demand in the peak summer period. Two-thirds of the projected capacity is already in place, with the remaining 1GW to be started up and grid-synchronized before the summer demand hikes.

Published in Markets

Crippling gas supply shortages will soon be a thing of the past in Bangladesh as the country is about to start importing LNG, with the first cargo scheduled to arrive by mid-April. Though LNG imports will bring some relief, increases in gas-fired power generation capacity are likely to be limited to 1.0 GW in 2018, and 1.4 GW in 2019.

Published in Markets

Natural gas production keeps on rising in the United States with two out of three of EIA’s measures on gas output at new all-time highs. Gross withdrawals reached 90.9 billion cubic feet per day (Bcf/d) in 2017, the highest volume on record, and marketed gas production also hit a new high.

Published in Markets

National Grid is anticipating a drop in the UK’s natural gas demand of at least 2.5% to 35.7 billion cubic metres (Bcm) in the summer 2018 period (April 1 to September 30), mainly due a decline in gas consumption in the electric power sector (gas burn) amid higher renewables energy contributions and lower gas injections into storage.

Published in Markets

Initial optimism of global LNG suppliers that South Korea’s new electricity policy might lead to higher demand growth has been replaced by the recognition that more needs to be done for natural gas to replace coal and nuclear in Korea's power generation mix. The 13th Long-term Natural Gas Supply Plan for 2018 to 2031, released by the Government on April 5, anticipates LNG demand to reach 40.5 million tons (Mt) by the end of the forecast period, up just 3 Mt from 2017-levels.

Published in Regulation & Policy

Dresser-Rand, part of Siemens Group, has commissioned an LNGo-HP (high-pressure) micro-scale natural gas liquefaction system for Altagas Ltd. in Dawson Creek, British Columbia, Canada. Producing approximately 30,000 gallons of LNG per day since January 25, 2018, the Dawson Creek facility allows Altagas to scale production in line with demand. The LNGo-HP system converts diesel and other fuels to natural gas, enabling users to monetize stranded gas deposits.

Gas-fired generation could meet between 7% and 40% of Britain’s annual electricity demand in 2035, according to National Grid findings. Its latest Gas Future Operability Planning (GFOP 2018) takes a deeper look at the key drivers of change: the proliferation of renewables and the support for electricity interconnectors.

Published in Markets

In 2018, three cargoes - each providing around 0.1 billion cm of liquefied gas - have come directly to British regas facilities from Yamal LNG in Russia. But as the UK is preparing for another cold snap, and there’s talk that the country is too reliant on Russia for LNG. Murray Douglas, research director, Europe Gas, evaluates if fears are overstated and where British gas buyers can turn to secure top-up supplies.

Published in Markets
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News in Brief

Rostec develops mobile LNG-fired power plants

July 16 – Russia’s state-owned holding Rostec has developed a mobile power plant on the basis of gas reciprocating units of Russian make. Running on LNG, the power plant can provide up to 1.4 MW of electricity and is employed to power remote settlement and oil upstream operations. 

First grid-scale LAES launched

July 13 – Highview Power has just launched the first grid-scale liquid air energy-storage (LAES) plant. Used for grid balancing, the 5-MW/15-MWh system, situated near Manchester, will be able to store and deliver enough electricity to power about 5,000 homes for three hours.

Henry Hub to test $2.90 mark

July 12 – Rising gas-burn in the U.S. power sector of 4.7 Bcf/d week-on-week is more than offsetting holiday-related reductions in industrial gas use, according to Energy Aspects figures. Natural gas prices at Henry Hub are expected to once more test the high $2.90s/MMBtu.

Gemma carries out EPC for 1.6GW project in Virginia

July 11 – Gemma Power Systems and Chickahominy Power have entered into an engineering, procurement and construction (EPC) services contract to construct the Chickahominy Power Station, a 1,600 MW gas-fired power plant, in Charles City County, Virginia. Developed by Balico, the project is anticipated to get underway in the first quarter of 2019 and be completed in the spring of 2022.

GE signs new Waukesha distributor in Nigeria

July 10 – GE’s Distributed Power business has signed an agreement with HOERBIGER Service Middle East FZE to be an authorized distributor for GE’s Waukesha gas engine products in Nigeria. With this deal, GE seeks to expand its Waukesha sales and services network near the point of use, given that Waukesha engines are suited for a variety of on-site mechanical drive, gas compression and power generation applications.

 

InnoEnergy and Swedish partners launch Power2U

July 9 – Europe’s sustainable energy engine, InnoEnergy, has joined forces with five Swedish energy firms to launch Power2U, its new venture to design and operate local energy systems that will integrate solar cells, EV chargers and batteries. The partners – Öresundskraft, Jämtkraft, Tekniska Verken, Umeå Energi and Jönköping Energi – and InnoEnergy will jointly invest 60 million Swedish Kroner ($6.69m).

Nigeria: Afam VI ready to supply 624MW

‎June 29 – The Afam IV gas power plant in Nigeria’s Rivers State is getting ready to supply 624 MW worth of electricity to the national power grid, barring any regulatory restriction. The start-up will help plug part of the gap in supply that opened following the latest outage of several thermal power stations.

ADB agrees $500m for Bangladeshi CCGT

‎June 28 – The Asian Development Bank (ADB) has agreed to provide a $500m loan for an 800MW combined-cycle gas power plant project in Khulna, Bangladesh. The loan will cover costs to build the CCGT as well as a 230kV switchyard and 29km of transmission lines to feed electricity from the plant into the national power grid.

KBR to consult on Oman LNG’s power plant project

‎June 27 – Houston-based KBR has won a project management consultancy services contract from Oman LNG for a new gas engine power plant. The 120 MW plant is meant to reduce fuel gas consumption and emissions while maintaining liquefaction processes at Oman LNG's existing export facility in Sur.

ABB launches molded case circuit breaker

‎June 26 – Zurich-based ABB has added a molded case circuit breaker (MCCB) for higher-voltage solar power plants to its Tmax PV range. The breaker is designed to protect combiners, switchgear and inverters up to 1500V direct current.

Heat wave to propel up CCGT dispatch

June 25 – Temperatures in England and Wales might hit 32 degrees Celsius next week, according to the UK Met Office, while a wind lull will almost erode the contribution of wind power and require flexible combined-cycle gas power stations to bridge the gap. According to Bloomberg Intelligence, “people are underestimating how many gas stations are needed for a windless week.”

Siemens builds microgrid in Finland

‎June 22 –  Lempäälän Energia has selected Siemens to implement a self-sufficient smart grid system in the industrial area of Marjamäki, Finland. The medium-voltage microgrid will be equipped with a corresponding grid automation system and an electrical storage system.

Toshiba R&D into battery anodes

June 21 - Toshiba and Brazil’s CBMM are jointly developing anode material for lithium-ion batteries using Niobium Titanium Oxide (NTO). The aim is to develop next-generation lithium-ion battery material, characterized by high-energy density and ultra-rapid recharging.

Finning offers new Cat engine

June 20 – The new Cat C9.3B industrial engine, compliant with EU Stage V emissions standards, is now available from Finning UK and Ireland. The six cylinder, 9.3 litre engine builds on capabilities of previous Cat models that have logged more than 200 million operating hours.

GE risks €35m fine in France

June 19 – French government officials said GE will have to pay penalties if it fails to realise its pledge to create 1,000 jobs in France by the end of this year. GE made the promise in 2014 as part of the €12.4 billion takeover of Alstom’s power generation and grid business. "The contract called for a 50,000 euro penalty for every job not created," France’s labour minister Muriel Penicaud told BFM television.

MAN to deliver engines to Oman LNG

June 18 – Oman LNG is seeking to develop a new gas engine-driven power plant at its Qalhat facilities. MAN Diesel and Turbo will deliver the gas engines and associated equipment, while KBR will manage the project execution, supply the generators and ensure safety requirements.

CHP market to top $27bn by 2023

June 15 – Global market for combined heat and power is estimated to grow at an annual rate of 5.48% to reach $20.69 billion in 2018 and $27.01 billion by 2023. According to Markets and Markets, the main growth drivers are demand for energy efficiency and government incentives and programs to promote CHP.