Hydrocarbon Processing - February 2022 - GP-6

GAS PROCESSING NEWS
LEE NICHOLS, Editor-in-Chief/Associate Publisher
Novatek's Arctic
LNG 2 project
secures financing
Novatek announced that its
nearly 19-MMtpy Arctic LNG 2
project has secured financing.
The $21-B, three-train LNG export
facility is being developed on
the Gydan Peninsula in Northern
Russia. FID on the project was
reached in 2019. The first train is
scheduled to begin operations in
2023. All trains are expected to
be operational by 2027. The LNG
facility will provide natural gas
to Asia and Europe.
Maire Tecnimont
awarded
engineering works
by Eni for a carbon
capture plant
Maire Tecnimont announced
that its subsidiary, NextChem,
has been awarded an engineering
contract from Eni for a carbon
capture plant at the natural
gas plant of Casalborsetti, Italy.
The plant's goal is to separate
carbon dioxide (CO2
) from
emissions from the natural
gas plant's turbo compressor,
purify and compress it. The new
plant is designed to capture
25,000 tpy of CO2
.
New LNG terminal
to be built in
Karnataka, India
LNG Alliance, the Government
of Karnataka and New Mangalore
Port Trust plan to build a largescale
LNG import terminal in
Karnataka, India. The facility's first
phase includes the construction
of a 4-MMtpy LNG import facility,
with the potential to double to
8 MMtpy, if needed. The LNG
import terminal plans to utilize
a $290-MM FSRU to import
natural gas that will be used to
satisfy increasing demand in the
state of Karnataka. Additional
infrastructure will include an LNG
truck loading facility and an LNG
bunkering facility. This additional
infrastructure will enable the
facility to provide LNG supplies
to the state's transportation
sector and marine vessels.
QatarEnergy awards major contract for North Field
expansion project
QatarEnergy awarded an EPCI contract to McDermott to help expand North Field natural gas operations in
Qatar. According to McDermott, the contract includes 13 normally unmanned wellhead topsides, in addition to
various connecting pipelines and the shore approaches for the North Field East pipelines, beach valve stations
and buildings. The jackets and the pipelines for the North Field South project will be subject to a separate
tender, which is expected to be awarded in the first half of this year.
The expansion project will enable Qatar to increase domestic LNG liquefaction capacity from 77 MMtpy to
126 MMtpy by 2030. This increase in capacity will be possible through additional natural gas feedstock from
the North Field East and North Field South expansion projects. First LNG is expected to be produced in 2025.
Global gas and
LNG: Six trends
to watch in 2022
In the report " Six things
Siemens awarded major power contract
in Brazil
Siemens has been awarded a turnkey construction contract for a
combined-cycle power plant in Brazil. The UTE GNA 2 power plant
is part of the integrated LNG-to-power project GNA 2-GNA 1 began
commercial operations in late 3Q 2021. The power plant will be in
the Port of Açu, approximately 290 km from Rio de Janeiro in the
Brazilian state of São Paulo. The more than $1.13-B project will add an
additional 1.7 GW of power, and includes the construction of a second
combined-cycle power plant, an LNG regasification terminal (FSRU) and
transmission infrastructure.
Petronas delivers Hiroshima Gas' first carbon neutral LNG cargo
Petronas' subsidiary, Malaysia LNG, delivered a carbon neutral LNG cargo to Japanese gas company
Hiroshima Gas Co. According to CME Group, carbon-neutral LNG involves offsetting the carbon emissions
from the LNG supply chain through the purchase of carbon offsets.
6 JANUARY/FEBRUARY 2022 | GasProcessingNews.com
to watch for in 2022, " Wood
Mackenzie provided insights
into six major trends affecting
the global natural gas and LNG
sectors in 2022. One, the start
of operations of Russia's Nord
Stream 2 pipeline could lower
natural gas prices for Western
Europe; however, tensions
between the regions could
hamper pipeline flows. Two,
oil-indexation levels are expected
to rise, potentially reaching 12% of
a weighted average basis. Three,
there is a momentum behind
new LNG projects that could
lead to several projects taking
FIDs. Four, the priority shifts
from offsetting CO2
emissions
to material carbon reduction;
however, FIDs on capital-intensive
measures (e.g., carbon capture
and sequestration) are not likely.
Five, global gas demand will
remain resilient in the short term.
Finally, natural gas is considered
a transitional investment in the
European Union taxonomy.

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Hydrocarbon Processing - February 2022

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