The LNG Shipping Market Is Set For A Bull Run
Both demand and supply of liquefied natural gas (LNG) are expected to grow in the foreseeable future as many emerging markets turn to cleaner-burning fuel in their energy mix and Continue Reading
Global LNG producers see cost risks looming over next wave of projects
Construction delays and cost blowouts could hit the next wave of liquefied natural gas (LNG) projects as there are a limited number of contractors able to handle the huge projects, Continue Reading
NextEra-Backed Venture Trucks LNG to Northeast
A venture backed by NextEra Energy Inc. is trucking natural gas from the Marcellus Shale to New England, where pipeline bottlenecks have helped send prices for the fuel soaring in Continue Reading
Southern Europe Faces LNG Curse
My previous article addressed the merger between PEG-Nord and PEG-TRS, and the potential implications for gas security within Southern Europe. This article revisits the topic of gas security in Southern Continue Reading
Russia ‘fearful’ of America’s rising energy exports: U.S. envoy
Russia has criticized U.S. efforts to supply natural gas to Europe because it is “fearful” of free-market competition, Washington’s top energy diplomat said this week, in comments that reflect growing Continue Reading
Europe saved $8 billion on gas bill in 2018 due to LNG, reforms: IEA
Europe saved $8 billion on its natural gas bill last year because surging U.S. shale production and a shake-up in EU energy markets forced Russia to change its gas pricing Continue Reading
Secretary Perry: U.S. LNG To Remain Competitive To Russian Gas
The price of liquefied natural gas (LNG) that the United States is exporting to Europe will stay competitive to Russian pipeline gas supplies in the long term, U.S. Secretary of Continue Reading
Australia Remains Dividend On Roaring LNG Sector
The consumption of natural gas has grown considerably over the years. Especially LNG is in high demand as it adds a degree of flexibility to the market. Although Australia’s gas Continue Reading
Shell sees LNG market growth at 4% a year, plans to ‘grow with it’: CEO
Anglo-Dutch major Shell expects the global LNG market to grow by 4% a year to 2035 and the company plans to “grow with it,” maintaining its leading position in the Continue Reading
Cheniere Partners to Add Train at Sabine Pass
Cheniere Partners has decided to build another liquefaction train at its facility in Cameron Parish, La. Cheniere Energy Partners, L.P. reported Monday that it has made a positive final investment Continue Reading
Total reaches deal to buy Toshiba’s U.S. LNG business: source
French energy group Total has reached a deal to buy Toshiba’s U.S. liquified natural gas business, a source familiar with the matter said on Friday. The acquisition comes amid a Continue Reading
BP, ExxonMobil to contribute $20 million toward licensing of Alaska LNG project: official
North Slope producers BP and ExxonMobil have agreed to contribute $20 million to help the state of Alaska complete a federal licensing process for the proposed $41 billion Alaska LNG Continue Reading
US Dept of Energy Authorizes More LNG Exports
The US Department of Energy has authorized additional exports of domestically produced natural gas from the Freeport LNG Terminal in Texas, according to a DOE press release from Tuesday, but Continue Reading
The Next LNG Boom Will Dwarf The Last One
Demand for liquefied natural gas (LNG) will continue to rise in the foreseeable future as global natural gas demand will grow exponentially with major emerging economies raising the share of Continue Reading
One Country That Could Win Big From The U.S., China Trade War
If China follows through on its retaliatory threat of raising U.S. liquefied natural gas (LNG) tariffs from 10 to 25 percent, U.S. exports will be hit hard — but another Continue Reading
Carlyle Firm To Seek Fast-Track Approval Of Texas Oil Export Terminal
Lone Star Ports LLC, backed by Carlyle Group, will be seeking a faster-track approval from the U.S. Administration for its project to build the first U.S. onshore export terminal capable Continue Reading
This Fast Growing LNG Market Is Scrambling For New Supply
A senior Pakistani official said a few weeks ago that Qatar had emerged as the front runner for a long term liquefied natural gas (LNG) supply deal with the country. Continue Reading
U.S. LNG exporters face headwinds due to trade war with China
The U.S. trade war with China has dozens of developers of liquefied natural gas export terminals scrambling to find other buyers, now that the fastest-growing market for the fuel is Continue Reading
Expansion of Freeport LNG export terminal gets FERC’s nod
The Federal Energy Regulatory Commission continued advancing LNG projects May 16, granting approval to a fourth train at the Freeport LNG export terminal in Texas that would add up to Continue Reading
Energy Megaprojects In Jeopardy As Trade War Escalates
The escalation of the trade war between the US and China could jeopardize several LNG mega projects that are awaiting final approval, according to Rystad Energy. China announced on Monday Continue Reading
Another first for US LNG exporters as six facilities receive gas same day
Highlights Four terminals producing, two more preparing to start up Activity a demand driver for midstream, upstream sectors Houston — Gas deliveries were observable Wednesday at all six US LNG Continue Reading
Can The U.S. Steal Gas Market Share From Russia?
This week hundreds of industry insiders are heading to Amsterdam for “Europe’s largest midstream gas & LNG event”, the 25th annual Flame Conference. The setting for the summit is an Continue Reading
Cameron LNG export facility starts up in Louisiana
Sempra Energy began production Tuesday at Cameron LNG, one of three North American liquefaction projects that the domestic electricity and natural gas provider is counting on to make it a Continue Reading
U.S. liquefied natural gas shipments to China face mounting tariffs
China said on Monday it would raise tariffs on liquefied natural gas (LNG) imports from the United States amid a series of additional levies, a move that could further reduce Continue Reading
Europe Bailed Out by Cheap LNG
In the Netherlands, once Europe’s largest natural gas supplier, one of the big questions is how to deal with declining production and increasing reliance on imports. For hundreds of energy Continue Reading
Trade war cuts U.S. liquefied natural gas exports to China
No liquefied natural gas (LNG) vessels that left the United States in March and April have gone to China, Refinitiv Eikon shipping data shows, as the trade war between the Continue Reading
Cameron LNG seeks authorization to ship commissioning cargoes
As it prepares to start production of its first liquefaction train, Sempra Energy’s Cameron LNG is asking US regulators for permission to ship its planned commissioning cargoes on a specified Continue Reading
Cheniere looks beyond China to sell capacity for midscale LNG expansion
Cheniere Energy held Thursday to its target to advance its midscale liquefaction expansion at its Texas export terminal next year even if US-China trade tensions remain hot, hopeful that buyers Continue Reading
EU Promises To Double U.S. LNG Imports Within 5 Years
The European Union has promised to double its intake of U.S. liquefied natural gas over the next five years with the annual total reaching the equivalent of 8 billion cubic Continue Reading
EU will seek sharp increase of U.S. LNG imports by 2023
The European Union will seek to increase its imports of liquefied natural gas (LNG) from the United States to 8 billion cubic meters (bcm) per year by 2023, more than Continue Reading
Trump’s Removal Of This 100-Year Old Law Is Good News For Natural Gas
The president of the United States may remove a 1920 piece of legislation that bans any non-U.S. vessels from moving any cargo between two U.S. ports. The reason: an imbalance Continue Reading
Analysis: South Texas summer gas prices face upside risk on rising exports
South Texas gas hubs could be facing upside price risk during the approaching summer months as rising export demand from Mexico and LNG feedgas keep the region’s supply under pressure. Continue Reading
Trump May Waive US Ship Mandate for Natural Gas
President Donald Trump is seriously considering waiving the requirement that only U.S.-flagged vessels can move natural gas from American ports to Puerto Rico or the Northeast, according to people familiar Continue Reading
Does Germany’s LNG Strategy Make Sense?
Europe’s largest economy is going through a monumental change due to the energy transition or ‘Energiewende’ as it’s called in Germany. Over the years significant amounts of private sector money Continue Reading
After LNG-project approvals, FERC chairman sees need for still more US LNG
A day after the Federal Energy Regulatory Commission approved two more major US Gulf Coast LNG projects, the agency’s chairman was bullish Friday on the notion that even more US Continue Reading
LNG Approvals Boost America’s Export Outlook
America is set to become an even bigger player in the global liquefied natural gas market after the nation’s top regulator approved two more projects to export the super-chilled fuel. Continue Reading
U.S. Greenlights Two Major LNG Export Projects
The U.S. Federal Energy Regulatory Commission (FERC) approved on Thursday two liquefied natural gas (LNG) projects that will add to the growing U.S. export capacity of the super-chilled fuel. FERC Continue Reading
US Gas Export Clout Set to Grow
America is set to become an even bigger player in the global liquefied natural gas market after the nation’s top regulator approved two more projects to export the super-chilled fuel. Continue Reading
Total, Exxon Move Step Closer To $13B Papua LNG Project
ExxonMobil, France’s Total, and Australia’s Oil Search have signed a gas agreement with Papua New Guinea, outlining the fiscal terms for a new liquefied natural gas (LNG) project in the Continue Reading
Asian LNG Glut Stronger Than China’s Robust Demand Growth
China is set to import massive amounts of LNG in 2019 as part of its determined push to switch away from coal and toward the lower emissions natural gas, but Continue Reading
Is The Japan LNG Buying Spree Over?
What a difference just a few years can make. In the aftermath of the 2011 Fukushima nuclear disaster that eventually saw Japan’s 50 nuclear reactors shut down due to safety Continue Reading
LNG will be big part of China-U.S. trade once tensions resolved: CNOOC
Liquefied natural gas (LNG) will become a big part of China-U.S. trade once tensions are properly resolved between the two countries, a senior executive from China National Offshore Oil Corp Continue Reading
U.S. LNG producers offer alternative pricing to woo buyers
U.S. producers of liquefied natural gas (LNG) are wooing buyers with offers to sell gas priced against benchmarks other than U.S. domestic prices, ahead of an expected flood of supplies Continue Reading
Paper-Thin Profit Margins In Oil Push Traders To LNG
With thin profit margins growing even thinner in the crude oil sector, commodity trading houses have been looking for the next big movement in the energy industry to sink their Continue Reading
Top 10 Destinations for US LNG Exports
America became the fifth largest exporter of liquid natural gas (LNG) in the world last year. With more liquefied natural gas plants coming online along the eastern and southern coastlines Continue Reading
LNG supply glut, price slump should raise questions over future projects: Russell
The slump in the spot price of liquefied natural gas (LNG) in Asia to its lowest in three years should give pause for thought to the slew of companies planning Continue Reading
US Emerging as a LNG Powerhouse
Last month, ExxonMobil and Qatar Petroleum announced that they will proceed with construction of the >$10 billion Golden Pass liquefied natural gas (LNG) export facility on the Texas Gulf Coast. Continue Reading
Gazprom expects tough competition from U.S. LNG exports to Europe
U.S. exports of liquefied natural gas (LNG) to Europe will be the main competition for Gazprom this year, the Russian gas giant said on Thursday in an abrupt change of Continue Reading
Asian LNG Prices Hit Three-Year Lows
Just a few years ago, instead of watching just how far spot LNG prices in Asia could tumble, the opposite was true. In the aftermath of the Fukushima nuclear disaster Continue Reading
LNG Sector Dangerously Dependent On Chinese Demand
The liquefied natural gas industry has become too reliant on demand for the fuel from China, industry executives warned at last week’s CERAWeek, advising players in the LNG field to Continue Reading