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    Daily Digest: January 23rd, 2020

Summary

Daily digest of the latest natural gas news and LNG news by Natural Gas World.

by: NGW

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Complimentary, Daily Digest

Daily Digest: January 23rd, 2020

The European Parliament’s energy committee on January 22 voted to reject an objection to the EU’s latest proposals for projects of common interest (PCIs). An objection had been filed calling for the updated list of priority projects to be rejected because it contained 32 gas investments, down from 53 two years ago.

European gas and power grids should be more closely interlinked by 2050 to achieve climate targets, according to a new study by Dutch-German transmission system operator TenneT and Dutch gas grid operator Gasunie.

Annova LNG, developing a 6.5mn mt/yr liquefaction and export terminal in Brownsville, Texas, said January 22 it had entered into a precedent agreement with infrastructure developer Enbridge for 20 years of firm transportation service on and from Enbridge’s Valley Crossing Pipeline (VCP)

US energy infrastructure operator Kinder Morgan posted a 26% growth in its fourth-quarter profits on January 23, thanks to increased gas takeaway from the Permian basin.

London-listed Europa Oil & Gas reported on January 23 that a “major oil company” had walked away from talks to farm into three of its licences off the coast of Ireland.

Russia's biggest LNG operator Novatek has pushed back the launch of the fourth train of its Yamal LNG export project, reportedly because of design errors.

GSPC LNG’s Mundra LNG terminal, located in the western Indian state of Gujarat, January 22 received its first cargo, Businessline reported the same day citing sources. India’s LNG imports increased for the 10th month in a row in December, according to latest data published by Indian oil and gas ministry's Petroleum Planning and Analysis Cell. 

Indian state oil company ONGC has collected bids from private companies to help it raise production at marginal oil and gas fields, Bloomberg reported on January 23 citing sources.

North Africa-focused SDX Energy ramped up oil and gas production in 2019, up 12% yr/yr, according to a company statement late January 22.

Mubadala Petroleum has completed the farm out of a 20% participating interest in each of the Andaman I and South Andaman production-sharing contracts (PSCs) to Premier Oil following Indonesian government approvals, it said January 21.

  

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