South China ports, LNG terminals brace for typhoon

Spanish Market: Biofuels, Freight, Natural gas, Oil products
23/09/25

A major typhoon is approaching southern China, disrupting operations at ports and LNG terminals in the region.

Super typhoon Ragasa is due to make landfall in Guangdong province, south China, on 24 September, the Hong Kong Observatory said.

All bunkering operations at ports in south China including Xiamen, Guangzhou, Shenzhen and Hong Kong have been halted for 2-3 days because of the storm, local authorities said.

LNG terminals have also been forced to suspend operations. Terminals in Guangdong province will stop receiving cargoes on 24 September, while terminals in neighbouring Guangxi province may halt operations for 1-2 days on 24-25 September.

There are 10 affected terminals in Guangdong and Guangxi, with total receiving capacity of 30.2mn t/yr.

Some collectors of biofuels feedstock used cooking oil (UCO) in southern China have ceased collections due to the incoming typhoon, market sources said. The region accounted for around 30pc of China's 2.95mn t of UCO exports in 2024, with volumes mainly shipped from Guangdong and Fujian provinces.

Hong Kong International Airport said it plans to continue operations during the typhoon, but warned of significant disruption to flights starting from 6pm local time (10:00 GMT) on 23 September.

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06/11/25

Prices rise in French biomethane RGGO auction

London, 6 November (Argus) — The European Energy Exchange (EEX) nearly sold out of available French biomethane renewable gas guarantees of origin (RGGOs) at its November auction, with average prices reflecting those in the over-the-counter (OTC) market since the August auction. As the final auction of 2025, this completes the average 2025 auction price for French RGGO taxes. All but 1MWh of the offered 144GWh of RGGOs were sold in the 5 November auction for a weighted average price of €13.98/MWh. EEX calculated the reference price for the auction at €13.96/MWh. Prices averaged €12.18/MWh in the previous auction, when 107GWh of RGGOs traded in August. Initially, 147GWh produced in March-June was eligible to go into the auction . Three French municipalities pre-empted 2.98GWh of the volumes before the auction, up from 2.16GWh from one municipality before the August auction. Argus assessed French uncertified RGGOs for 2025 production at €13.90/MWh on 30 October. Bids for French uncertified RGGOs had been around €12.50/MWh at the time of the previous auction. Certified, ETS-eligible RGGOs did not sell at a premium to uncertified or non-ETS eligible volumes. As in previous auctions, EEX cannot transfer ownership of the Proof of Sustainability for any volumes sold, which limits their use for compliance. For volumes sold in the OTC market, Argus assessed certified, ETS-eligible French RGGOs from any feedstock at a €9.10/MWh premium to uncertified equivalent. The French government now applies a floor for declared tax levels for 75pc of the sale of RGGOs that are not used in transport. This is based on 75pc of the average reference prices from auctions the previous year to the production. The average of the EEX reference prices for the four 2025 auctions is €10.86/MWh, which would mean a floor of €8.14/MWh. Argus assessed 2026 vintage uncertified RGGOs at €16/MWh on 30 October. Only RGGOs from subsidy-supported biomethane, where the subsidy contract was signed after 9 November 2020, are auctioned on the EEX. Around 405GWh of biomethane RGGOs were auctioned in 2025. By Emma Tribe Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Airports named for planned US flight cancellations

06/11/25

Airports named for planned US flight cancellations

Houston, 6 November (Argus) — Forty North American airports will see traffic cut by 10pc starting Friday if no deal is reached to reopen the federal government, US transportation secretary Sean Duffy said today as the shutdown hit its 37th day. Airports that would see flights cancelled include Hartsfield-Jackson Atlanta International, George Bush Houston Intercontinental, Los Angeles International Airport, Newark Liberty International Airport and Ontario International Airport in Canada ( see table ). Since 1 November, total flight cancellations within, to and out of US airports totaled more than 870 flights as of 11:20 ET today, while more than 25,900 flights have been delayed, according to flight-tracking company FlightAware. The count includes mechanical, weather, and other incidents. United Airlines said today that its long-haul international and hub-to-hub flights will not be impacted by the planned traffic cancellations, but rather regional and domestic mainline flights that are not between hub airports will be the focus of cancellations. Air traffic controllers and Transportation Security Administration (TSA) agents have been working without pay since the partial US government shutdown started on 1 October. Staffing shortages prompted the Federal Aviation Administration (FAA) to periodically issue temporary ground stops at some airports because of a lack of air traffic controllers, while TSA staff shortages led to hours-long security check-ins. Even before the shutdown the FAA has been far short of its targeted number of air traffic control employees. Controllers have seen a 3,800 worker shortage during the shutdown, National Air Traffic Controllers Association president Nick Daniels said late last month. Earlier this week Duffy blamed the shutdown on Democrats, warning if they did not vote to reopen the government within a week, the country would see "massive cancellations." "We are going to proactively make decisions to keep the airspace safe," Duffy said in a press conference on Wednesday. By Hunter Fite US/Canada airports subject to 10pc traffic cuts Anchorage International Detroit Metropolitan Wayne County Los Angeles International Portland International, Oregon Hartsfield-Jackson Atlanta International Newark Liberty International New York LaGuardia Philadelphia International Boston Logan International Fort Lauderdale/Hollywood International Orlando International Phoenix Sky Harbor International Baltimore/Washington International Honolulu International Chicago Midway San Diego International Charlotte Douglas International Houston Hobby Memphis International Louisville International Cincinnati/Northern Kentucky International Washington Dulles International Miami International Seattle/Tacoma International Dallas Love George Bush Houston Intercontinental Minneapolis/St Paul International San Francisco International Ronald Reagan Washington National Indianapolis International Oakland International Salt Lake City International Denver International New York John F Kennedy International Ontario International Teterboro Dallas/Fort Worth International Las Vegas Harry Reid International Chicago O`Hare International Tampa International US transportation secretary Sean Duffy Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Australia backs Vopak’s CO2 import project

06/11/25

Australia backs Vopak’s CO2 import project

Sydney, 6 November (Argus) — Australia's Northern Territory (NT) government has backed Dutch infrastructure developer Royal Vopak's proposed 5mn t/yr Middle Arm liquid CO2 import facility in Darwin through a not-to-deal commitment. NT's government will not partner with other liquid CO2 import terminal developers under its commitment. The pledge gives Vopak the certainty it needs to accelerate work on the project, which is set to open in the 2030s, the government said in a statement on 6 November. Vopak signed an initial agreement with NT to develop the terminal in August 2024. It will take CO2 from industrial plants and other countries, supporting carbon capture and storage (CCS) projects. The company already operates in Australia. It runs petroleum import terminals in Darwin and Sydney, which also accept biodiesel, ethanol, vegetable oil, and bitumen shipments. Vopak's common user CO2 facility could support Japanese producer Inpex. Inpex plans to inject captured CO2 from Japan into its developing 10mn t/yr Bonaparte CCS project in NT from 2030. Australia's federal government passed laws to permit CO2 imports for CCS in 2023. It also gave Inpex's development major project status in July, which will help to streamline approvals. By Avinash Govind Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

No FID for Lake Charles LNG until equity selldown

05/11/25

No FID for Lake Charles LNG until equity selldown

Houston, 5 November (Argus) — Energy Transfer will not commit to a final investment decision (FID) on its proposed 16.5mn t/yr (2.2bn ft³/d) Lake Charles LNG export facility in Louisiana until it has sold off 80pc of equity stakes in the project, co-chief executive Mackie McCrea told investors today. The project currently is fully owned by Energy Transfer, casting doubt on the company's plan to reach FID by the end of the year. Investor MidOcean Energy signed a preliminary agreement in April to fund 30pc of the project's construction costs in exchange for 30pc of offtake, or about 5mn t/yr, but the two sides have yet to finalize the deal. Nearly all of the project's offtake is contracted, with 11.9mn t/yr set aside to binding agreements. But the "last, big, most important box" is adding equity partners, McCrea said. McCrea said "we've got our work cut out for us" to sell down equity stakes before needing to reset the terms of its engineering, construction and procurement contract with contractors Technip Energies and KBR. "Let me make this real clear: We will not proceed with LNG until we have secured 80pc of equity partners similar to ourselves," McCrea said. The midstream firm has sought for years to convert the existing Lake Charles import facility into an export terminal. Shell signed on with a 50pc stake in 2019 but pulled out the following year as part of cost-cutting measures during the Covid-19 pandemic. Energy Transfer also has extensive assets in crude oil and NGL infrastructure. "When you're chasing billions of dollars in projects, several of which we've already announced, we've got to be careful stepping out on something like this," McCrea said. "We're not an LNG company like we compete with. We're a pipeline company that has a regas facility converting part of it to LNG." Lake Charles LNG, located in southwest Louisiana, is fully permitted by US federal regulators through 2031 after receiving extensions from the US Department of Energy and the Federal Energy Regulatory Commission earlier this year. By Tray Swanson Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

US to cut 10pc of flights at some airports: Duffy

05/11/25

US to cut 10pc of flights at some airports: Duffy

Houston, 5 November (Argus) — The US will begin to cut airline traffic by 10pc at high volume airports starting this Friday if no deal is reached to reopen the federal government, US transportation secretary Sean Duffy said today as the shutdown hit its 36th day. During a press conference Duffy said that the 10pc cut in airline traffic will be applied to 40 different airports, which will be named tomorrow. The Federal Aviation Administration (FAA) will hold meetings with airlines and airports tonight to collaborate on the schedule reductions. Air traffic controllers and Transportation Security Administration (TSA) agents have been working without pay since the partial US government shutdown started on 1 October. Staffing shortages prompted the FAA to periodically issue temporary ground stops at some airports because of a lack of air traffic controllers, while TSA staff shortages led to hours-long security check-ins. Even before the shutdown the FAA has been far short of its targeted number of air traffic control employees. Controllers have seen a 3,800 worker shortage during the shutdown, National Air Traffic Controllers Association president Nick Daniels said late last month. Earlier this week Duffy blamed the shutdown on Democrats, warning if they did not vote to reopen the government within a week, the country would see "massive cancellations." Since 1 November, total flight cancellations within, to and out of US airports totaled more than 795 flights as of 4pm ET today, while more than 21,600 flights have been delayed, according to flight-tracking company FlightAware. The count includes mechanical, weather, and other incidents. "We are going to proactively make decisions to keep the airspace safe," Duffy said. If the pressures continue to build through the shutdown, additional measures will be necessary, FAA administrator Bryan Bedford said. By Hunter Fite Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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South China ports, LNG terminals brace for typhoon

Related news posts

Prices rise in French biomethane RGGO auction

Prices rise in French biomethane RGGO auction

Airports named for planned US flight cancellations

Airports named for planned US flight cancellations

Australia backs Vopak’s CO2 import project

Australia backs Vopak’s CO2 import project

No FID for Lake Charles LNG until equity selldown

No FID for Lake Charles LNG until equity selldown

US to cut 10pc of flights at some airports: Duffy

US to cut 10pc of flights at some airports: Duffy

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