Cold-stricken Europe is drawing a flotilla of U.S. liquefied natural gas cargoes amid an energy crisis that has sent gas prices to record levels. Facing a winter shortage and little Continue Reading
Russian natural gas deliveries to Germany through the Yamal-Europe pipeline have fell again on Sunday after rising briefly from Saturday levels, data from German network operator Gascade showed. By midday, Continue Reading
Russia’s gas shipments through a major transit route to Germany are set to remain capped on Monday, potentially worsening Europe’s energy crunch just as a cold snap arrives in the Continue Reading
1. Indian Oil Demand Is Firing on All Cylinders Brushing aside Omicron concerns, Indian downstream players have been ramping up refinery runs and are close to running at 100% (with Continue Reading
The United States is set to become the world’s largest LNG exporter next year. Due to a number of U.S. LNG projects coming online by the end of 2022, U.S. Continue Reading
Highlights House bill would ban exports, limit FERC approvals Green groups highlight winter gas prices in DOE challenge Environmentalists have stepped up opposition to US LNG export facilities, backing restrictive Continue Reading
American utilities are facing the highest natural-gas prices in years as they build stockpiles for winter. The reason: Exporters are sending more gas than ever to countries starved for the fuel. Pipelines Continue Reading
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc (LNG.A) said on Monday that its marketing arm will sell LNG to a unit of Glencore PLC (GLEN.L) , moving Cheniere’s Continue Reading
Just as natural gas prices surged to records in Europe and Asia, commodity-hungry China secured this week a major LNG supply deal with top exporter Qatar Chinese authorities are reportedly Continue Reading
Highlights Unit could be producing before end of year Strong netbacks incentivizing US output push Feedgas deliveries to Cheniere Energy’s Sabine Pass liquefaction facility in Louisiana hit their highest level Continue Reading
Gazprom Neft, the oil arm of Russian gas giant Gazprom, is starting to settle payments for the jet fuel it supplies in China in yuan, instead of in U.S. dollars, Continue Reading
Aug LPG loadings for Asia seen holding at 3.7 mil mt Sep US LPG loadings seen around 4 mil mt Propane premium to butane narrows to $1/mt LPG cargo loadings Continue Reading
Right now there are no liquefied natural gas tankers docked and loading at any of the six U.S. export terminals for the first time since global demand for the superchilled Continue Reading
The spike in Asian LNG demand in January on the back of freezing regional temperatures is not an indicator a “major” global demand rebound for the remainder of 2021, a Continue Reading
Highlights JKM drop triggers fear of abundant spring LNG deliveries to Europe Asian storage demand expected to cushion as stock fell below 3-year average But summer arbitrage opportunities to Europe Continue Reading
Kinder Morgan’s Elba Liquefaction is working on scheduling repairs to a unit at the 10-train facility in the US state of Georgia that has been offline since a fire eight Continue Reading
Average Panama Canal passage wait times for Asia-bound LNG tankers from the US Gulf Coast without reservations are up to 13 days, the Panama Canal Authority has reported. Receive daily Continue Reading
1. China’s oil import surge ended – China’s imports of crude oil are set to jump 10% this year, but the import surge occurred during the downturn earlier this year Continue Reading
Natural gas production and liquefied natural gas (LNG) exports, including in the United States, could get a boost from a relatively new and not-so-self-evident revenue stream—the global shipping industry. Driven Continue Reading
Exports of liquefied natural gas (LNG) out of the United States hit an all-time high in November due to recovering global gas demand and prices and unplanned outages at LNG Continue Reading
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
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
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
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 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
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
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
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
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 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
Elba’s first export cargo nears destination in Pakistan High capacity utilization continued Thursday at US LNG export terminals, with feedgas deliveries near-record levels, amid robust winter demand and strong market Continue Reading
US working gas in storage likely plummeted at a rate well above the five-year average last week on colder weather and record-high LNG demand, but Henry Hub’s balance-of-winter prices continue Continue Reading
Another liquefaction train at Cameron LNG has begun production. The second liquefaction train at the Cameron LNG project in Hackberry, La., has begun producing liquefied natural gas (LNG), McDermott International, Continue Reading
A US trade group representing manufacturers with $1 trillion in annual sales wants DOE to reject four applications to export LNG from the Gulf Coast. A U.S. trade group representing Continue Reading
Train 1 of Freeport LNG has begun commercial operations. One week after announcing a milestone on a Louisiana liquefied natural gas (LNG) export project , McDermott International, Inc. on Monday Continue Reading
Germany’s economy is the biggest and most dynamic in Europe and its gas demand makes it Gazprom’s largest customer in terms of natural gas imports. The country’s gas consumption is Continue Reading
The U.S. Federal Energy Regulatory Commission (FERC) approved on Thursday another four liquefied natural gas (LNG) projects, which will add to the growing American LNG exports in coming years. FERC Continue Reading
The United States saw its net natural gas exports in the first half of 2019 more than double from the same period last year, thanks to more liquefied natural gas Continue Reading
New gas link to bring Norwegian gas to Poland Pipeline to pass through 242 km of Danish waters Construction set for start of 2020 London — Denmark on Friday approved Continue Reading
The startup of the Power of Siberia Russia-China natural gas pipeline in December is expected to weigh on the mid-term LNG demand growth potential of China, the world’s second largest Continue Reading
So far this year, Russia has been flooding the European markets with an oversupply of natural gas despite the fact that the glut is pushing natural gas prices lower. Booming Continue Reading
Producers bank on new access to overseas markets Receive daily email alerts, subscriber notes & personalize your experience. Register Now Port proposals far exceed US output projections US LNG developers Continue Reading
U.S. liquefied natural gas exports have been on a steady rise over the past year, especially to Europe, where they surged by 272 percent since July last year. However, this Continue Reading
U.S. exports of liquefied natural gas (LNG) to Europe have surged by 272 percent since July 2018, when the United States and the European Union (EU) pledged to boost their Continue Reading
Highlights Sur de Texas-Tuxpan marine pipeline to begin commissioning “soon” US exports to Mexico could see upside before June on earlier startup South Texas basis to see volatility as line-packing Continue Reading
Storage tanks already cool from decade-oil import Sempra Energy’s Cameron LNG export terminal is “very close” to startup and could be ready to begin producing LNG in the next few Continue Reading
Poland is continuing to make a pivot away from its decades-long natural gas supplier – Russia. In a statement on Wednesday , Polish state-controlled oil and gas company PGNIG said Continue Reading
The nascent U.S. liquefied natural gas export industry has been particularly vulnerable to the U.S.-China trade war, the head of the American Petroleum Institute industry group said on Tuesday, adding Continue Reading
The U.S. may be exporting natural gas at a record clip, but that hasn’t stopped it from accepting new imports. A tanker with fuel from Nigeria has berthed at the Continue Reading
U.S. liquefied natural gas (LNG) export capacity is on the brink of doubling in 2019, which will boost the super-cooled fuel’s influence on the U.S. natural gas market, where volatility Continue Reading
