• Natural Gas News

    Natural Gas Daily: October 8th, 2020

Summary

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

by: NGW

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Complimentary, Covid-19, Daily Digest, Top Stories

Natural Gas Daily: October 8th, 2020

Equinor, Total Commit to Transparent Reporting of Shipping Emissions

Norway's Equinor and France's Total have joined the Sea Cargo Charter, committing them to transparent reporting of shipping emissions, they said in statements.

 

EU Lawmakers Call for Tougher 2030 Emissions Target

Members of the European Parliament have backed revising the 2030 target for emissions reductions to 60% of the level in 1990, from 40% currently, the EU said.

  • EU member states have agreed on the European Commission (EC)'s proposal to invest €998mn ($1.2bn) in energy infrastructure projects, the EC said on October 2.

 

Tokyo Gas, First Gen Ink Philippines LNG Terminal Pact

Japan’s Tokyo Gas has signed a joint cooperation agreement with Manila-listed First Gen Corporation for development of an LNG import terminal in the Philippines, Tokyo Gas said on October 7.

  • The two companies entered into a joint development agreement in December 2018, and have been building a provisional offshore LNG terminal in Batangas City.

 

Gasum, Pavilion to Develop Global LNG Bunkering Network

Finnish gas firm Gasum has teamed up with Singapore's Pavilion Energy to develop a global LNG bunker supply network for their customers in Singapore and northern Europe, including the major port region Amsterdam, Rotterdam and Antwerp, Gasum said.

  • The company, which earlier this year bought the German LNG bunkering firm Nauticor, has five LNG bunkering vessels of its own as well as several LNG terminals in the Nordic region.

 

Eni Secures UK CO2 Storage Licence

The UK's Oil and Gas Authority (OGA) announced it had awarded a six-year CO2 appraisal and storage licence to Italy's Eni covering part of the Liverpool bay area in the East Irish Sea.

  • Eni plans to repurpose the depleted reservoirs in the East Irish Sea to permanently store CO2 will be done as part of the government-backed HyNet project, which also involves hydrogen production.
  • HyNet aims to produce hydrogen from gas at the Stanlow refinery in northwest England, convert local industrial sites to run on hydrogen instead of gas, and develop a hydrogen distribution network.

 

Alberta’s Hydrogen Plans Bolstered by CCS Capacity

The government of Alberta’s plans to become a major force in the emerging blue hydrogen economy, sketched earlier this week in its Natural Gas Strategy & Vision, was bolstered by a report from the Canada Energy Regulator (CER) on October 7.

  • It suggests the province and neighbouring Saskatchewan together have 190-640bn metric tons of CO2 storage capacity, or about 9% of the estimated onshore capacity in North America.