Natural Gas Daily: September 11th, 2020

CTCI to Build LNG Import Plant in Taiwan

Taiwanese contractor CTCI Corp has reported winning an engineering, procurement and construction (EPC) contract worth NT$ 19bn (US$647mn) to build an LNG receiving and regasification facility.

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• The facility will serve the Taichung gas-fired power plant, where CTCI and partner General Electric have won a contract to add 2.6 GW of generation capacity.

• Taiwan's government wants to boost the share of gas in the country's power mix to 50% by 2025, in order to lower its emissions.

EDF Launches €2.4bn Green Bond Sale

French electricity company EDF has launched a green bond offering worth up to €2.4bn ($2.8bn), in order to fund its 2030 renewables goals, it said on September 8.

• Funds will primarily go towards delivering on EDF's 2015 goal of doubling its renewables capacity to more than 50 GW by 2030.

Engie, ArianeGroup Team up to Develop Liquid Hydrogen

French companies Engie and ArianeGroup have agreed to cooperate in developing renewable liquid hydrogen, in order to decarbonise heavy-duty and long-distance transport, they said on September 10.

• Engie partnered with mining concern Anglo American to develop and fuel the world's first hydrogen-powered mining haul truck in October. It has also teamed up with industrial gases specialist Air Liquide to produce green hydrogen and store it.

Australia, Germany Form Hydrogen Pact

Australia and Germany have agreed to undertake a joint feasibility study on potentially forming a supply chain for hydrogen produced from renewable energy between the two countries, Australia's government said.

• Australia published its national hydrogen strategy in November last year, in which it set out plans to become an exporter of the fuel.

• Germany released its strategy for hydrogen in June, in which it has rules out support for any types of hydrogen other than green.

India to Launch 11th City Gas Licensing Round

After successfully conducting the 9^th and the 10^th city gas licensing rounds, India is expected to launch the 11^th round soon, country’s petroleum and natural gas minister Dharmendra Pradhan said on September 10 during an event to launch CNG stations across the country.

• In order to fight chronic air pollution, the Indian government is promoting the use of clean fuels like natural gas. It wants to raise the share of gas in the energy mix from 6-7% to 15% by 2030.

ConocoPhillips Extends Maintenance Deal for North Sea Fields

ConocoPhillips has extended its maintenance and modifications deal with Norway's Aker Solutions covering its North Sea fields for another three years until the end of 2023, the contractor said.

• ConocoPhillips exited the UK North Sea last year through a $2.7bn deal with private equity-backed Chrysaor, but it remains one of the largest operators in Norwegian waters.

EU Needs Renewable Gas Targets: Gas Distributors

The heads of seven EU gas distributors have called on the EU to introduce targets for renewable gases and take further steps to help decarbonise the gas sector.

• They expressed their commitment to decarbonising the gas sector and developing renewable and decarbonised gases, such as biomethane and hydrogen, in a cost effective way.