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Jacob Dick

Jacob Dick joined the NGI staff in January 2022 and was promoted to Senior Editor, LNG in February 2024. He previously covered business with a focus on oil and gas in Southeast Texas for the Beaumont Enterprise, a Hearst newspaper. Jacob is a native of Kentucky and holds a bachelor’s Degree in journalism from Western Kentucky University.

Egypt Boosts LNG Import Capacity with FSRU Charter – The Offtake

A roundup of news and commentary from the global gas market Egypt has secured a floating storage and regasification unit from Höegh LNG Holdings Ltd. to secure more natural gas imports to the energy-hungry country as the outlook for its exports to the global market dims. Egyptian Natural Gas Holding Co. has brokered a deal…

May 2, 2024
DT Midstream Forecasting Higher U.S. Natural Gas Prices as Rising LNG Demand Looms

DT Midstream Forecasting Higher U.S. Natural Gas Prices as Rising LNG Demand Looms

While U.S. natural gas producers are working to balance production with the limited commodity price upside to the end of the year, DT Midstream Inc. (DTM) is expecting Gulf Coast LNG demand to drive a bevy of expansion projects through the decade. The Detroit-based gas infrastructure firm has committed $265-295 million for growth projects this…

May 1, 2024
Feed Gas Flows, Vessel Traffic Indicate Stabilized Production at Freeport LNG

Feed Gas Flows, Vessel Traffic Indicate Stabilized Production at Freeport LNG

Feed gas flows to Freeport LNG continued to tick up as a fully loaded vessel left the Texas export facility for the first time in a week, indicating Train 3 operations could be stabilizing. Nominations of natural gas to the plant began increasing April 27 after hovering near zero for several days, according to Wood…

May 1, 2024

Venture Global Aims for Plaquemines LNG First Production By Summer – The Offtake

Venture Global LNG Inc. is looking to import at least three liquefied natural gas cargoes to aid in commissioning of Plaquemines LNG, according to a Department of Energy (DOE) filing.

April 29, 2024
Equinor Expects Asia, LNG Competition to Drive European Natural Gas Prices

Equinor Expects Asia, LNG Competition to Drive European Natural Gas Prices

Equinor ASA expects competition for LNG with Asia and weather to be the largest drivers of European natural gas prices as markets continue to shift, creating a floor for global benchmarks. After another mild winter helped Europe exit its second heating season without major Russian pipeline gas supplies and sizable storage inventories, CFO Torgrim Reitan…

April 26, 2024
Freeport LNG Reports Second Train 3 Outage in Two Weeks as Maintenance Continues

Freeport LNG Reports Second Train 3 Outage in Two Weeks as Maintenance Continues

Freeport LNG Development LP has reported another outage of its third train, currently the only one not under extensive maintenance at its Texas terminal, days after production appeared to resume, according to pipeline data and regulatory filings. The firm told Texas environmental regulators the unit experienced a system trip on Tuesday afternoon that lasted until…

April 25, 2024
Gulf Coast LNG Construction Milestones Mount, Foreshadowing Growing U.S. Natural Gas Demand

Gulf Coast LNG Construction Milestones Mount, Foreshadowing Growing U.S. Natural Gas Demand

The outlook for added feed gas demand in the coming months is beginning to firm, portending a possible tight supply balance next year. Earlier in the week, Cheniere Energy Inc. asked FERC for permission to connect the first train of its Stage 3 expansion at Corpus Christi to power and gave an update of its…

April 24, 2024
MARAD Requests Updated Application for Delfin LNG Offshore Export Project

MARAD Requests Updated Application for Delfin LNG Offshore Export Project

The U.S. Maritime Administration (MARAD) has ordered Delfin LNG LLC to submit an updated application to build and operate its proposed export project in the Gulf of Mexico. Seven years after the agency granted Delfin a record of decision (ROD) for the more than 13 million metric tons/year (mmty) capacity project offshore Louisiana, MARAD staff…

April 23, 2024
Natural Gas Pipeline Nominations, Vessel Traffic Indicate Freeport LNG Production Returns

Natural Gas Pipeline Nominations, Vessel Traffic Indicate Freeport LNG Production Returns

Operations at Freeport LNG could be ramping up again after more than a week of near-zero gas flows to the Texas facility drove speculation that multiple trains were offline, according to pipeline and vessel data. Feed gas nominations for the liquefied natural gas terminal started rising over the weekend and have grown to about 17%…

April 22, 2024
U.S. LNG Could Be Heading for Open Arbitrage Moment, but Shipping Challenges Persist

U.S. LNG Could Be Heading for Open Arbitrage Moment, but Shipping Challenges Persist

With geopolitical tensions in the Middle East continuing to make the Suez Canal a risky crossing, almost 20% of all U.S. LNG exports have taken the longer route around southern Africa so far this year, according to data from Kpler. After conflict in Israel and Gaza sparked off in October, the threat of rocket attacks…

April 19, 2024
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