Rick Perry Praises The Benefits Of U.S. LNG
The LNG boom in the United States is helping households pay less for electricity, Energy Secretary Rick Perry told Fox News. “We’re driving down the cost of electricity in most Continue Reading
The U.S. Sets Its Sights On LNG Domination
The United States will be the global leader in newly-built liquefied natural gas (LNG) liquefaction capacity between 2019 and 2023, data and analytics company GlobalData said in a new report. Continue Reading
Georgia LNG Terminal Adds Export Capability
The first unit of the Elba Liquefaction Project near Savannah, Ga., has reached the commercial in service stage. The first unit of the approximately $2 billion Elba Liquefaction Project near Continue Reading
US sanctions on Iran spill into Russian LNG, but Novatek shrugs off impact
he US government’s continued hardline stance on Iran has spilled over into the LNG sector, with Washington’s latest sanctions imposed against a Chinese shipper having a potential knock-on effect on Continue Reading
LNG Investments Hit Record In 2019
Investments in liquefied natural gas since the start of the year have hit an all-time high of $50 billion, the International Energy Agency’s head, Fatih Birol, told an industry conference. Continue Reading
IEA: U.S. Will Be The World’s Top LNG Exporter In 2024
The United States will surpass current market leaders Australia and Qatar to become the world’s biggest liquefied natural gas (LNG) exporter in 2024, a high-ranking official at the International Energy Continue Reading
LNG exports will keep floor under US natural gas prices: Moody’s
Growing exports of US LNG will help prop up domestic natural gas prices despite surging production that has created a years-long glut, according to a report from Moody’s. Analysts at Continue Reading
Are Asian LNG Prices About To Rally?
Some summer demand for August boosted the price of liquefied natural gas (LNG) in Asia at the end of June from three-year lows earlier in the month, providing an incentive Continue Reading
US May Become Third Largest Seller of LNG
US LNG has thus far reached over 30 nations. This year, the U.S. will surpass Malaysia to become the world’s third largest seller of LNG. The country could even eclipse Continue Reading
Protracted Trade War Inflicts Lasting Damage To U.S. LNG
There were early warnings: Chinese investors became reluctant about investing in U.S. LNG projects soon after President Trump fired the first shot in what has turned out in a full-fledged Continue Reading