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Category: Natural Gas Supply

Category:
  • Shale Gas

Competition for Permian supply heats up as Midcontinent gas price jump

Midcontinent producing hubs trade into $4.30s/MMBtu Permian flows to Midcontinent up 70 MMcf/d in January Midcontinent, Gulf Coast hubs compete for Permian gas Strong natural gas demand across the central Continue Reading

Posted On : 14 Jan 2022 Published By : Tom Whipple
Category:
  • LNG
  • Panama

Panama Canal LNG transits fall 30% in December amid diversions to Atlantic: operator data

Highlights Interbasin spreads helped shift trade flows January sees Asia buying appetite pick up LNG transits via the Panama Canal plunged 30% in December as Pacific-bound cargoes diverted to the Continue Reading

Posted On : 13 Jan 2022 Published By : Tom Whipple
Category:
  • Europe
  • Natural Gas Supply

Europe gas crisis hinges on cold, high prices luring supply

 Europe’s natural gas woes are far from over in Jan. 2022. Prices are high. Underground reserves that are relied on in cold weather are low. Russia’s state-owned Gazprom isn’t selling Continue Reading

Posted On : 13 Jan 2022 Published By : Tom Whipple
Category:
  • Natural Gas Supply
  • USA

US Rockies gas production to continue decline in 2022 as companies await higher prices

Highlights Average of $4.27 needed for ‘significant’ jump Volumes forecast to average record low in 2022 Operators in the US Rocky Mountain region said natural gas prices must maintain an Continue Reading

Posted On : 11 Jan 2022 Published By : Tom Whipple
Category:
  • Natural Gas Exports
  • Russia

Why Russian exports hold sway over European and British gas prices

Benchmark European gas prices jumped 15% this week after a major pipeline bringing gas from Russia began sending flows eastwards. But why do Russian exports have such an impact on Continue Reading

Posted On : 11 Jan 2022 Published By : Tom Whipple
Category:
  • Natural Gas Supply

US Midwest gas storage takes hit as long-awaited winter weather arrives in the West

Highlights Temps plunge, lifting Midwest demand to nearly 28 Bcf/d Chicago city-gate gas prices edge back toward $4/MMBtu Midwest regional gas storage surplus narrows to 25 Bcf Wintry weather and Continue Reading

Posted On : 8 Jan 2022 Published By : Tom Whipple
Category:
  • LNG
  • USA

U.S. Overtakes Qatar To Become The World’s Largest LNG Exporter

The United States became the world’s largest exporter of liquefied natural gas in December as deliveries of the superchilled fuel to energy-starved Europe surged. According to Bloomberg calculations , the Continue Reading

Posted On : 6 Jan 2022 Published By : Tom Whipple
Category:
  • Canada
  • Natural Gas Exports
  • USA

Frigid Canadian winter slashes exports to US as demand soars to record highs

The effects of the Canadian cold spell continue to trickle down to the US Midwest, slashing exports to the region while propelling prices higher. Receive daily email alerts, subscriber notes Continue Reading

Posted On : 6 Jan 2022 Published By : Tom Whipple
Category:
  • LNG
  • USA

Boston Winter Draws Caribbean LNG Cargoes in Rare Price Play

A third Caribbean liquefied natural gas cargo is headed for Boston, where two other await colder weather before unloading in an unprecedented bet on price spikes this winter. GasLog Partners Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple
Category:
  • Shale Gas

East Texas winter gas forward basis tumbles as Permian output, drilling accelerate

Highlights Houston Ship Channel Jan-22 basis falls 60 cents Permian output nears prior record at 14.1 Bcf/d Rigs, drilling, completions highest since Q1 2020 Recent growth in Permian Basin gas Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple

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