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.
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Natural Gas Flows to Freeport LNG Reduced Again After Reported Issue at Train 3 – LNG Recap
Global prices remained steady for the weekend as international buyers continue to monitor the winter outlook, but another potential disruption at Freeport LNG could help stoke anxiety. Nominated flows of feed gas to the facility on the Gulf South Pipeline system, Freeport’s primary supply route, dropped to 54% of design capacity on Thursday and remained…
November 13, 2023
LNG Cargoes in Floating Storage Rise Again as Sellers Await Colder Weather
LNG cargoes in floating storage are stacking up to near-record levels once again ahead of the heating season as the spot market becomes a more crucial part of the early winter cycle. As natural gas marketers jockeyed for the highest price and ships congregated around congested import terminals last November, the volume of liquefied natural…
November 9, 2023
NFE Expects Altamira LNG to Become First Operational Mexican Export Project By Year’s End
New Fortress Energy Inc. has started the flow of natural gas to its offshore Altamira LNG terminal, which could become the first Mexico export project to supply U.S. gas to the international market when production begins in the “next few weeks,” management said Wednesday. During a third quarter call with analysts, CFO Chris Guinta said…
November 8, 2023
Environmental Groups Look to Resume Fight Against Rio Grande LNG, Texas LNG Through DC Circuit
The fight to suspend authorization for the Rio Grande and Texas LNG export projects on the Gulf Coast is expected to continue in federal court after FERC’s decision late last month to deny requests for rehearings. The Federal Energy Regulatory Commission reapproved the two Texas liquefied natural gas projects and the Rio Bravo pipeline earlier…
November 7, 2023
Qatar and China’s Natural Gas Supply Relationship Grows with Latest LNG SPA, Equity Deal
China Petroleum and Chemical Corp. (Sinopec) is growing its supply and equity position in Qatar’s massive LNG expansion projects with an additional agreement inked with QatarEnergy. State-owned Sinopec, one of the world’s largest liquefied natural gas importers, disclosed it has signed a 27-year sales and purchase agreement for 3 million metric tons/year from QatarEnergy’s North…
November 6, 2023
Sempra Sees Investment in Mexico, Global LNG Demand Boosting North American Energy Markets
Sempra is betting that continued global energy volatility and geopolitical tensions will strengthen North America’s key natural gas markets, supporting its investments in LNG exports and Mexico. In the San Diego-based firm’s third quarter earnings call, CEO Jeff Martin said the series of global conflicts that have impacted global markets recently have accelerated a “trend…
November 6, 2023
Santos Looks to ‘Defend’ Barossa Natural Gas Project as Bayu-Undan Nears Last LNG Cargo
Santos Ltd. estimates it may be able to ship one more LNG cargo fed by natural gas from the Bayu-Undan field before it ends production by the end of the year. Meanwhile, its project to tap additional feed gas supply for the Darwin liquefied natural gas facility could be headed for more headwinds. Darwin LNG,…
November 3, 2023
Cheniere Forecasting First LNG from Corpus Christi Stage 3 in 2024
As global natural gas supply settles into a fragile balance, Cheniere Energy Inc. is pushing ahead its next generation of LNG projects with the expectation it may be able to deliver the third stage of the Corpus Christi facility in Texas sooner than expected. Executives of the Houston-based liquefied natural gas exporter reported during the…
November 2, 2023
NFE Says Plans for New Onshore Mexico Export Terminal ‘Unrelated’ to Altamira LNG
In response to an inquiry from the U.S. Department of Energy (DOE), New Fortress Energy Inc. (NFE) officials said Thursday the first phase of the Altamira LNG project in Mexico remains on track to be an offshore terminal. In a letter to New York-based NFE sent at the end of October, DOE officials warned the…
November 2, 2023
U.S. LNG Traffic Faces Further Pressure from Panama Canal Limits Amid Drought – The Offtake
The Panama Canal Authority said this week that it would reduce the number of vessels that can transit the waterway from 32 to 25 on Nov. 3. Daily transits would be further cut to 24 on Nov. 8, 22 on Dec. 1, 20 on Jan. 1 and 18 on Feb. 1.
November 1, 2023