natural gas

US natural gas and oil achieve strong April

The American Petroleum Institute published its latest Monthly Statistical Report (MSR) showing that US crude oil production sustained a record-tying 12.1 million barrels per day (mb/d) in April. Moreover, total petroleum demand was the highest for the month since 2007 at 20.2 million barrels per day.

The demand for distillates (diesel) reduced by 10.9% between March and April and met indicators that freight trucking and industrial activity slowed. In addition, API’s economic indicator, the API...

https://safety4sea.com/us-natural-gas-and-oil-achieve-strong-april/

Chinese natural gas consumption sees 10% increase in 2018

According to ‘Research on Natural Gas Import in China, 2019-2023’ the developing Chinese economy and its stricter environmental protection policies lead the development of natural gas consumption in China. The natural gas consumption was boosted when the Chinese government implemented additional restrictions on atmospheric pollution and replacement of coal with natural gas in specific areas.

Mainly, the consumption of natural gas in China exceeded 27 million cubic meters in 2018, presenting a...

https://safety4sea.com/chinese-natural-gas-consumption-sees-10-increase-in-2018/

US a net exporter of natural gas for over 12 consecutive months

US net natural gas exports in February 2019 totaled 4.6 billion cubic feet per day (Bcf/d), marking 13 consecutive months in which US natural gas exports exceeded imports, according to the US Energy Information Administration (EIA).
  • Although US LNG exports have grown in recent years, most US natural gas exports are sent by pipeline to neighboring Canada and Mexico.
  • Natural gas exports to Canada tend to be seasonal, increasing in the winter months.
  • In contrast, US natural gas exports to Mexico...

https://safety4sea.com/us-a-net-exporter-of-natural-gas-for-over-12-consecutive-months/

NSW government gives the nod for first gas terminal

Australia’s New South Wales (NSW) Government announced it has awarded Development Consent to Australian Industrial Energy’s (AIE) Port Kembla Gas Terminal (PKGT).

The decision by the NSW Minister for Planning, Rob Stokes, comes after a thorough review of the Project’s Environmental Impact Statement (EIS).

The gas terminal could supply more than 70% of NSW’s natural gas needs, while creating up to 150 jobs during construction and around 40-50 ongoing roles during operation, AIE said.

Meanwhile,...

https://safety4sea.com/nsw-government-gives-the-nod-for-first-gas-terminal/

US announces $39 million for oil and natural gas R&D Projects

The US Department of Energy (DOE) announced up to $39 million in federal funding for cost-shared research and development projects in order to improve oil and natural gas technologies. Selected projects will fall under two DOE Office of Fossil Energy funding opportunity announcements (FOAs). The National Energy Technology Laboratory (NETL) will manage the projects under both FOAs.

The US is the world’s leader in both oil and natural gas production. According to EIA, US natural gas production...

https://safety4sea.com/us-announces-39-million-for-oil-and-natural-gas-rd-projects/

Coal fourth quarter 2018 numbers buck trend, analysis shows

Barged shipments of coal reached their highest quarterly level during the fourth quarter of 2018 since the third quarter of 2017. Corps of Engineers photo

Cleaner burning natural gas and renewable choices such as wind and solar power have, in recent years, displaced coal as a popular source of domestic energy. Coal fired generating plants have been going the way of the dodo bird in recent years, but an analysis of Department of Energy data by River Transport News shows that barged coal shipments improved during the fourth quarter of 2018 compared to the previous quarter and the previous year’s volumes.

Coal shipments moved by barge to domestic...

https://www.workboat.com/news/coastal-inland-waterways/coal-fourth-quarter-2018-numbers-buck-trend-analysis-shows/

Watch: Dual fueled cement carrier M/V Shetland christened

On Thursday April 12 the christening and launch of the 8,000 deadweight, dual fueled cement carrier M/V Shetland took place. Shetland is a sister vessel of the M/V Ireland and M/V Greenland.

Several new initiatives were implemented during the construction process to further enhance quality.

After the official handover the vessel will be managed by the MF Shipping Group.

In addition, upon delivery, the ship will enter into MF Shipping Group’s cooperation with JTC, Jebsen Thun Cement.

The post Watch:...

https://safety4sea.com/watch-dual-fueled-cement-carrier-m-v-shetland-christened/

Sumas sees highest daily natural gas spot prices in US since 2014

The Sumas trading point on the Canada-Washington border averaged $161.33 per million British thermal units on its natural gas spot prices on March 1. This is the highest daily spot price ever recorded by Natural Gas Intelligence anywhere in the United States in at least five years. The price peak was due to regional supply  constraints and unseasonably cold temperatures.

Specifically, EIA addresses that the high demand happened at the same time with an unusual high demand, when the polar vortex...

https://safety4sea.com/sumas-sees-highest-daily-natural-gas-spot-prices-in-us-since-2014/

Gazprom’s TurkStream project is complete

The entire pipeline system for Gazprom’s TurkStream project in the Black Sea has been completed following connections between TurkStream offshore section and landfalls. TurkStream is a project for a gas pipeline stretching across the Black Sea from Russia to Turkey and further to Turkey’s border with neighboring countries.

Specifically, the part that connects offshore and nearshore sections of TurkStream was completed, highlighting the finalization of the pipeline system.

The procedure ‘Above...

https://safety4sea.com/gazproms-turkstream-project-is-complete/

EIA: US natural gas production achieves new record high in 2018

According to EIA US natural gas production experienced an increase by 10.0 billion cubic feet per day in 2018, noting an 11% rise in comparison to 2017. The development reported was the largest annual increase in production on record, establishing a record high for a second year in a row.

Specifically, US natural gas production measured as marketed production and dry natural gas production also reached record highs at 89.6 Bcf/d and 83.4 Bcf/d, respectively.

The natural gas gross withdrawals rose...

https://safety4sea.com/us-natural-gas-production-achieves-new-record-high-in-2018/

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