South Central gas storage braces for early start to summer withdrawals
Drawdown of 7-10 Bcf expected in week ended July 8 Southeast summer gas demand up 5.3 Bcf/d vs. 2021 Locations east of Henry Hub trade at $5-$6 premiums The US Continue Reading
U.S. natgas jumps 7% as heat wave boosts air conditioning use
U.S. natural gas futures jumped about 7% to a one-week high on Monday as power generators burned more of the fuel to keep air conditioners humming during a brutal heat Continue Reading
Europe’s Insatiable Thirst For LNG Is Causing Blackouts In Developing Countries
Driven by fears that Russia may cut supply to Europe, the EU imported more LNG from the U.S. than pipeline gas from Russia for the first time ever. This insatiable Continue Reading
Top U.S. LNG producer Cheniere asks Biden admin to drop pollution rule
Cheniere Energy Inc (LNG.A) has asked the Biden administration to exempt it from limits on emissions of cancer-causing pollutants, arguing they would force the top U.S. exporter of liquefied natural Continue Reading
U.S. natgas futures jump 14% on small storage build, hot weather
U.S. natural gas futures jumped about 14% on Thursday to their highest in a week, supported by a much smaller-than-expected storage build last week as power generators burned lots of Continue Reading
NYMEX August natural gas futures rally amid storage-driven short-squeeze
Buyers came out following the release of a bullish weekly natural gas storage report, which sent NYMEX August natural gas futures rallying 78.7 cents to settle at $6.297/MMBtu on July Continue Reading
US working natural gas in underground storage rises by 60 Bcf: EIA
Deficit to five-year average trimmed to 12.2% Injection undershot survey expectations of 73 Bcf NYMEX Henry Hub August soars in post-report trading US natural gas working stocks rose by 60 Continue Reading
Europe Scoops Up LNG, Choking Off Power Supplies in Poorer Nations
The war in Ukraine is depriving far-away developing countries of electricity, as the world’s supply of liquefied natural gas used to produce power is swallowed up by European nations as Continue Reading
Gazprom Demands Rubles For LNG
Gazprom is proposing to extend the rubles-for-gas scheme to liquified natural gas (LNG), a senior executive said on Monday, days after Russia moved to take full control over the Sakhalin-2 Continue Reading
Asia spot prices jump amid stronger demand, concerns over Russia
Asian spot liquefied natural gas (LNG) prices continued to rise this week amid stronger demand on the back of a blistering heatwave in Japan and a return of competition with Continue Reading