Jamison Cocklin

More than 100 environmental and grassroots groups sent a letter to the Biden administration this week urging the U.S. Department of Energy (DOE) to conduct a “robust analysis” of the LNG supply chain before the pause on new export authorizations is lifted. The organizations argued in the letter that the DOE has relied too long…

LNG cargoes continue to flow to Asia as injections get underway in Europe, where the market is well stocked and demand is low.  Asia has imported 93.8 million tons (Mt) of liquefied natural gas year-to-date, up 8% over the same time last year, according to Kpler data. Meanwhile, European imports of the super-chilled fuel are…

The Federal Energy Regulatory Commission has cleared Enbridge Inc. subsidiary Texas Eastern Transmission LP (Tetco) to start service on the Venice Extension pipeline project that would serve the Plaquemines LNG export facility under construction in Louisiana.  The Venice Extension would expand the Tetco system with a new three-mile, 36-inch diameter pipeline in Louisiana to move…

NO. 1: The Biden administration has rejected a proposal from House Speaker Mike Johnson (R-LA) to tie a national security package to a temporary pause on new LNG export authorizations.  Johnson reportedly wanted to advance aid for Ukraine and Israel in exchange for lifting the pause imposed in January by the Biden administration. The administration…

Asia is attracting more LNG cargoes as spot prices remain low and Europe enters the injection season with a plump storage cushion. While Europe’s liquefied natural gas imports dropped 20% to 9.05 million tons (Mt) last month, Asia’s jumped 12% to 24.3 Mt, according to Kpler data. China, Japan and South Korea led the region’s…

NO. 1: Japan’s LNG inventories have hit the lowest level in years. Stocks fell 5% week-over-week on March 24 to 1.52 million tons (Mt), according to the Ministry of Economy, Trade and Industry.  Stockpiles are below the five-year average of 2.14 Mt. Jera Co. Inc. was reportedly implementing planned outages at four gas-fired power plants…

Ukrainian natural gas storage operator Ukrtransgaz JSC said a Russian attack on its infrastructure caused no major damage, but withdrawal capacities at the facility would be limited until repairs are completed. Natural gas withdrawals were halted after the strike on Sunday (March 24). However, the company was able to compensate for the limited withdrawals with…

Sixteen Republican-led states, including Louisiana and Texas, have filed a lawsuit asking a federal court to reverse the Biden administration’s suspension of LNG export project approvals and force it to resume reviewing applications. “This ban disregards statutory mandates, flouts the normal regulatory process, upends the industry, disrupts Plaintiffs’ economies, and subverts our constitutional structure,” the…

NO. 1: The Panama Canal Authority (PCA) is adding three more daily transit slots this month to allow more vessels to pass through the waterway.  PCA said it added two additional slots for auction on Monday (March 18). Another slot is scheduled to be added next Monday (March 25), boosting the number of daily transits…