Wyoming And Colorado Are Looking To Join The LNG Party
Wyoming produced over 1.37 trillion cu ft of natural gas last year. Colorado pumped 2.175 trillion cu ft in 2021. Opposition to more gas production remains strong in the two Continue Reading
Freeport LNG Not Expected To Resume Full Operations Until Late 2022
Freeport LNG will not resume full operations at its liquefication plant on Quintana Island until the end of this year, according to the company’s Tuesday press release. While China’s LNG Continue Reading
News of lengthy Freeport LNG terminal outage hits NYMEX gas futures
More gas to refill storage, rebalance market Some funds could be under pressure NYMEX front-month natural gas futures got walloped on June 14 following news from the operator that the Continue Reading
Texas LNG Blast Spells Trouble for Europe
The Freeport LNG blast spells trouble for Europe. The Freeport LNG blast spells trouble for Europe but opens a potentially lucrative opportunity for North and West African gas exporters to Continue Reading
Double blow to Europe’s gas supplies sparks price surge
Europe’s gas supplies suffered a double blow on Tuesday after a major US liquefied natural gas export terminal said it would be offline for at least three months and Russia Continue Reading
Europe Imports Record LNG Volumes
Europe is importing record levels of liquefied natural gas (LNG) this year as it looks to reduce dependence on Russian pipeline gas and fill gas storage ahead of next winter. Continue Reading
Liquefied Natural Gas Prices Will Steam Up Again
Demand for liquefied natural gas is rebounding in Asia, which was outbid for the fuel by European buyers earlier this year. An uneasy truce between Europe and Russia over the Continue Reading
LNG tanker charter rates hit record highs as demand soars
Spot-market rates for liquefied natural gas (LNG) tankers this week set annual records as traders bid up available vessels to meet rising global demand for the chilled gas, according to Continue Reading
U.S. Proposes Higher Standards for Home Gas Furnaces
The Biden administration has proposed higher energy-efficiency standards for home furnaces powered by natural gas , which could cause a popular form of gas heater that lacks condensing equipment to Continue Reading
May European LNG imports dip as capacity limits sink prices
Following a record month for physical LNG imports in April due to historic price spikes, monthly European receipts decreased in May as limitations in downstream transport pressured local hub prices, Continue Reading