Jamison Cocklin

The first phase of the Shell plc-led 14 million metric tons/year (mmty) LNG Canada export project in Kitimat, British Columbia, is more than 85% complete, CEO Jason Klein said in a year-end update. The project is on track to start shipping LNG abroad in 2025.

Global natural gas prices continued their spiral Monday as weather patterns across the Northern Hemisphere again shifted warmer, preserving ample stocks and further easing supply concerns.  In Europe, the prompt Title Transfer Facility (TTF) contract slid 6.4% on Monday to close near $11/MMBtu. The contract dipped 4.3% last week despite an agreement among lawmakers late…

Magnolia LNG LLC has filed for a new authorization to export the super-chilled fuel from its proposed facility in Louisiana, the second U.S. project to do so since U.S. regulators said in April they wouldn’t issue extensions to start operations in most cases. The Glenfarne Energy Transition LLC affiliate withdrew its request on Nov. 29…

Australia’s two largest energy companies confirmed Thursday that they’re in preliminary discussions to explore merging in a deal that could create one of the world’s leading LNG exporters.  Woodside Energy Group Ltd. and Santos Ltd. cautioned, however, that the discussions are in very advanced stages, but no deal is close to being reached. Both companies…

Venture Global LNG Inc. CEO Michael Sabel said some of the company’s long-term offtakers are attempting to undermine the new exporter’s competitive edge in pointed comments published Tuesday by the Financial Times. Sabel’s comments are some of his strongest yet in what’s become a very public dispute with offtakers that have accused the company of…

Mild weather and ample natural gas supplies again combined Monday to drag down natural gas prices across the northern hemisphere.  “Natural gas prices are under significant pressure to open the week with global benchmarks tumbling across U.S. and European markets,” said Schneider Electric analyst Robbie Frasier.  “Much of that weakness can be attributed to continually…

Arc Resources Ltd., one of Canada’s largest natural gas producers, said Wednesday it would send more volumes to Cheniere Energy Inc. for liquefaction and delivery to Europe. Under a gas supply agreement (GSA) signed with Cheniere, Calgary-based Arc said it would send 140,000 MMBtu/d to the Sabine Pass Liquefaction Stage 5 project in Louisiana for…

Delfin Midstream Inc. has signed another agreement to supply LNG from its proposed floating liquefaction project offshore Louisiana, in what management said is another step closer to a positive final investment decision (FID).  The company signed a 15-year sales and purchase agreement (SPA) to supply 0.5-1 million metric tons/year (mmty) of liquefied natural gas to…

A shot of cold weather that settled in over the weekend across parts of Europe did little to lift natural gas prices in the region, where concerns about the winter heating season have continued to ease amid a surplus of supplies.  The December Title Transfer Facility (TTF) contract fell 6% from its close on Friday…