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EIA: US LNG exports grew to record highs in the first half of 2021

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Rising global LNG demand once COVID-19 restrictions began to ease, as well as continuous unplanned outages at LNG export facilities in several countries (including Australia, Malaysia, Nigeria, Algeria, Norway, and Trinidad and Tobago), also contributed to increased US LNG exports.

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MHTL to partner with G2X, negotiate methanol offtake agreement from G2X methanol-to-gasoline plant

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and Methanol Holdings Trinidad Limited (MHTL) announced that MHTL intends to partner with G2X Energy to construct the world-scale methanol-to-gasoline (MTG)-ready, methanol production facility being developed by G2X Energy in Lake Charles, Louisiana. G2X Energy, Inc. Earlier post.). The Big Lake Fuels LLC facility will produce 1.4

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Shell to expand global LNG position with ~$6.2B deal with Repsol S.A.

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Royal Dutch Shell plc has agreed to acquire part of Repsol S.A’s LNG (liquefied natural gas) portfolio outside of North America, including supply positions in Peru and Trinidad & Tobago, for $4.4 The acquisition will LNG capacity in the West Atlantic from Atlantic LNG (ALNG) in Trinidad & Tobago, and in the East Pacific from Peru LNG (PLNG).

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Swiss company outlines methanol-to-gasoline option for Alaska North Slope gas to state legislature

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van Wijk, a former Methanex executive, formed Saturn Methanol which subsequently built Titan Methanol, a 2,500 tonne per day methanol production facility in Trinidad, and began Atlas Methanol, also in Trinidad. Janus Methanol is a methanol and chemical development and operating company.

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US Treasury allows Chevron to resume oil production in Venezuela, delivery to US only

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This is part of a cross-border field that includes the Manatee Field in Trinidad and Tobago. The Petroindependencia contract expires in 2035. Chevron also operates and holds a 60% interest in the Loran gas field offshore Venezuela. This license expires in 2039.

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Shell completes acquisition of Repsol S.A. LNG portfolio

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The company’s already diverse and flexible portfolio will be boosted with LNG supply in the Atlantic from Trinidad & Tobago, and in the Pacific from Peru. mtpa capacity on a 100% basis (20-25% equity per train); operated by Atlantic LNG Company of Trinidad and Tobago. As part of the transaction, Shell will also assume $1.6 Peru LNG 4.45

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Fuel economy measures could cut Commonwealth countries’ cumulative oil bill by US$3.2T through 2050

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Dr. Fulton and GFEI Executive Secretary Sheila Watson also briefed the High Commissioner for the Republic of Trinidad and Tobago His Excellency Garvin Nicholas in detail on the paper. Trinidad and Tobago is interested in starting discussions on fuel economy with the GFEI.