Highlights Survey calls for 50 Bcf withdrawal Platts Analytics expects 169 Bcf pull for week in progress The final weekly gas draw of 2021 looks to measure less than half Continue Reading
The retired salt caverns, aquifers, and fuel depots that hold Europe’s stockpiles of natural gas have never been so empty at this point in winter. Just four months after Amos Continue Reading
With energy costs soaring and citizens complaining, the EU shifts to a more pragmatic energy policy … EU’s New Green Definition The EU Drafts a New Definition of Green that Continue Reading
The Yamal-Europe pipeline which usually sends Russian gas west into Europe was flowing east from Germany to Poland on Sunday for the 13th straight day, data from German network operator Continue Reading
European gas prices fell further on Thursday, continuing a recent sell-off, as unseasonably mild weather curbed demand and fresh supplies of the fuel headed to the region. In thin holiday Continue Reading
A proposed liquefied natural gas terminal in Germany is at the risk of never being built, with several headwinds having already prompted one of three backers to write down its Continue Reading
Highlights S&P Global Platts Analytics forecasts a pull of 48 Bcf for the week in progress Remaining Henry Hub winter strip tumbles The first triple-digit natural gas draw of the Continue Reading
Highlights Significantly lower than levels in past two years Russian storage sites currently 83% full: Miller Domestic gas supply, withdrawals at 10-year high Russia’s Gazprom expects to have 1 Bcm Continue Reading
US Gulf Coast FOB daily export cargo values nosedived to below $30/MMBtu during the week of Dec. 22-29, right after rising to the highest level on record, as they continued Continue Reading
U.S. natural gas futures rose this week as colder weather with snow came into parts of the country. Although substantially lower than Asian or European gas prices, U.S. January futures Continue Reading
US natural gas storage fields are poised to post the first triple-digit withdrawal of the season as a mild winter has calmed concerns of the inadequate inventories observed during the Continue Reading
20 tankers with U.S. LNG are traveling to Europe, and another 14 are headed in the same general direction awaiting further orders According to analysts, the U.S. cargoes will not Continue Reading
The number of U.S. natural gas cargoes heading for European ports jumped by one-third over the weekend as the continent shivers amid a deepening energy crisis. There were 20 tankers Continue Reading
The Yamal-Europe pipeline that usually delivers Russian gas to Western Europe was sending the fuel back to Poland for an eighth straight day on Tuesday, according to data from German Continue Reading
European natural gas extended its declining streak to the longest in more than a year as shipments from the U.S. look set to ease the region’s energy crunch. Benchmark Dutch Continue Reading
Russian gas giant Gazprom has not booked gas transit capacity for exports via the Yamal-Europe pipeline for Dec. 27, auction results showed on Monday. The pipeline that usually delivers Russian Continue Reading
Highlights 55 Bcf drawn from US storage fields in week ended Dec. 17 Triple-digit drawdown likely for week in progress US natural gas inventories fell about one-third of the five-year Continue Reading
At least 30 tankers with liquefied natural gas from the United States are headed to Europe Ten LNG tankers from the U.S. have already declared Europe as their destination while Continue Reading
Highlights Waha Hub cash falls below $3 for first time since June EPNG westbound flows constrained Mild West Texas weather forecasts The cash price at the Permian spot gas benchmark Continue Reading
Highlights 55 Bcf drawn from US storage fields in week ended Dec. 17 Triple-digit drawdown likely for week in progress US natural gas inventories fell about one-third of the five-year Continue Reading
A breakneck rally in European natural gas prices continued Tuesday, catapulting the benchmark to a new record high with premiums above Asia and the U.S. and creating massive arbitrage opportunities Continue Reading
A combination of weather-related and geopolitical factors have led to an energy crisis in Europe Gas flows on one of the major gas pipelines from Russia to Europe have reversed Continue Reading
Highlights Dramatically above-average two-week forecast Mild temperatures lower overall gas demand outlook Temperature forecasts show unusually mild weather over the next two weeks in Texas and the US Southeast, which Continue Reading
All six major U.S. LNG liquefaction facilities in operation appear to be running at full capacity as they made a new record for LNG feedgas demand. All six major U.S. Continue Reading
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
Ships carrying liquefied natural gas destined for Asia are changing tack midvoyage to supply European consumers willing to pay a large premium, as prices across the region surge to new Continue Reading
Weather forecasts are among the biggest factors driving natural gas prices, especially during the winter when heating demand is at its peak. At the same time, weather forecasts are notoriously Continue Reading
The New York City Council moved to ban natural gas hookups for new buildings this week as part of its plans to decarbonize A large portion of a cities emissions 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
US LNG feedgas demand hit a new record high at 12.55 Bcf/d on Dec. 17, based on morning nominations, as the export value of Gulf Coast FOB cargoes surged amid Continue Reading
Onshore gas flaring in the U.S. nosedived in the third quarter of 2021, falling to its lowest level since at least 2012, Rystad Energy stated. Flaring activity reached 380-390 million Continue Reading
The European natural gas benchmark prices tumbled by 15% early on Friday On Thursday, the German regulator reviewing the certification of Nord Stream 2 said it would not make a Continue Reading
Highlights Five-year average equals 114 Bcf draw Forecast shows 52 Bcf pull for week in progress US gas inventories fell by 88 Bcf for the first full storage week of Continue Reading
The German regulator reviewing the certification of the Nord Stream 2 gas pipeline will not make a decision before July 2022, the president of the regulator said on Thursday, in Continue Reading
European natural gas prices plunged from a record close after Russia topped up fuel to the region at the last minute. Dutch next-month futures fell as much as 16%, with Continue Reading
Onshore gas flaring in the U.S. has plummeted, falling to its lowest level since at least 2012. The most significant contributors to this steep decline were the Bakken and Permian Continue Reading
The pace of Gazprom’s natural gas exports’ growth to Europe has slowed in recent months to just under five percent, according to data published by the Kremlin-backed gas giant yesterday. Continue Reading
U.S. natural gas prices have fallen some 40% since Mid-October Bullish traders got obliterated last month in what’s known as the widowmaker trade Meteorologists now say the narrative is flipping Continue Reading
Unusual for Asian spot LNG prices to fall below Europe in peak winter Asian importers well-supplied with high gas inventories, normal weather Europe gas prices volatile due to Nord Stream Continue Reading
Below normal temperatures spur strong demand Lower shipping costs benefit market fundamentals Strong buying in end-user markets and lower shipping costs helped lift US Gulf Coast FOB export cargo values Continue Reading
European natural gas has never been more expensive relative to U.S. supplies amid a spiraling Old World energy crisis as winter descends across the northern hemisphere. Benchmark Dutch gas futures Continue Reading
Highlights Triggers for recent price shock to also feature longer term Weather, LNG supply key winter factors for European gas market Demand increasingly ‘unpredictable’ due to climate change The current Continue Reading
UK LNG regasification rates came close to moving into three figures Dec. 10 as UK gas demand has continued above seasonal norms on the back of cold temperatures as well Continue Reading
Calcasieu Pass has 18 liquefaction trains with a combined peak capacity of 1.6 bcfd. US liquefied natural gas (LNG) export capacity has grown rapidly since the Lower 48 states first 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
Highlights Producers continue to seek third-party certification US LNG exports provide path from coal: industry Natural gas remains in the energy transition spotlight as more producers have recently announced environmental Continue Reading
US LNG feedgas surged during the week of Nov. 30-Dec. 7 as a sixth train at Cheniere Energy’s Sabine Pass terminal ramped up production and Venture Global LNG’s Calcasieu Pass Continue Reading
