France Delays U.S. LNG Deal On Environmental Concerns
France’s government has asked local power group Engie, in which it holds more than 20 percent, to delay the signing of a 20-year deal worth US$7-billion to buy liquefied natural Continue Reading
Fewer cargo cancellations for October to aid continuing US LNG output recovery
Up to 10 cargoes scheduled for loading in October at US liquefaction terminals were said to have been canceled, the fewest since May as improving prices in key end-user markets Continue Reading
U.S. Natural Gas Production, Consumption And Exports Hit Record In 2019
The United States produced, consumed, and exported record volumes of natural gas last year, following years of rising output due to fracking and horizontal drilling, the Energy Information Administration (EIA) Continue Reading
Cancelled US LNG cargoes a ‘wake-up call’ for industry: Total
The cancellation of dozens of US LNG cargoes this summer is a “wake-up call” for the industry that new LNG projects will not automatically be profitable, a senior official at Continue Reading
Rystad Sees First Global Gas Demand Drop in 11 Years
Rystad Energy predicts that global gas demand will drop nearly two percent this year. Thanks to declining commercial and industrial natural gas demand driven by lockdowns to curb COVID-19’s spread, Continue Reading
Analysis: Saudi Arabia unlikely to become gas exporter even with $110 billion Jafurah field investment
Dubai — Saudi Arabia is unlikely to start exporting gas despite plans to invest $110 billion to develop its biggest unconventional gas field, although the asset could help wean the Continue Reading
Natural-Gas Exporters Struggle to Lock Up Buyers Despite ‘Freedom Gas’ Pitch
President Trump is planning to push American shale gas when he travels to India this week. So far, U.S. gas exports have proven to be a tough sell globally. U.S. Continue Reading
$15B Texas LNG Project Wins DOE Authorization
NextDecade’s Rio Grande facility will be able to export LNG to FTA and non-FTA countries. The U.S. Department of Energy (DOE) has issued an order authorizing NextDecade Corp. to export Continue Reading
Virus Has US Gas Exporters Fearing Production Cuts
Such an outcome would be a blow to the fast-expanding US LNG industry. (Bloomberg) — A grim situation for U.S. natural gas exporters has gotten even worse as the coronavirus Continue Reading
The True Cost Of “Freedom Gas”
The reputation of natural gas as a clean fuel has been repeatedly undermined by unfavorable emissions data. But now, several new studies suggest that the problem could be even bigger Continue Reading