GECF: more than a quarter of 2050 natural gas supply untapped

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The Gas Exporting Countries Forum is an international governmental organization of 20 Member Countries—Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, Venezuela, Angola, Azerbaijan, Iraq, Kazakhstan, Malaysia, Norway, Oman, Peru, and the United Arab Emirates—which jointly control 71% of the proven gas reserves, 45% of its marketed production, 53% of pipeline, and 60% of LNG exports across the globe.

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 this agreement, as previously disclosed, Shell has committed to supply around 0.1 Royal Dutch Shell plc has completed the acquisition of Repsol S.A.’s

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

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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). As part of this agreement, Shell has committed to supply around 0.1 Royal Dutch Shell plc has agreed to acquire part of Repsol S.A’s

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BP takes delivery of 6 new LNG tankers

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BP also participates in LNG projects in Australia, UAE, Indonesia, Trinidad and Angola. This portfolio includes a mix of long-term, mid-term and short-term supply to enable BP to best meet the ever-changing needs of its global portfolio of customers. BP is taking delivery of six new, state-of-the-art liquefied natural gas (LNG) tankers to support its expanding global LNG portfolio, and to respond to growing demand for lower-carbon energy sources around the world.

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Lifecycle study finds LNG can reduce shipping GHG emissions by up to 21%

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The report analyzes several LNG pathways, including LNG from Algeria, Australia, Qatar, Indonesia, Malaysia, Nigeria, Norway, Trinidad & Tobago and the USA. Ongoing optimization in supply chain and engine technology developments can further enhance the benefits of LNG as a marine fuel.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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February also saw the publication of a Los Angeles Times interview with US Secretary of Energy Steven Chu ( earlier post ), in which he voiced concern that the effects of climate change could decimate California’s agriculture as well as its urban water supplies. by Jack Rosebro.

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