Ron Nissimov started writing for NGI in June 2020, after covering the North American LNG market for 15 years and closely witnessing its incredible transformation from importing to exporting. He worked for seven years at Argus Media and prior to that for eight years at Platts LNG Daily. Before writing about LNG, Ron was a newspaper reporter for 12 years, including nine years at the Houston Chronicle, where he covered city hall, higher education, civil courts and general assignments. He earned a master’s degree in journalism from the University of California, Berkeley, and a bachelor’s degree in studio art, specializing in photography, from Stanford University.
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Articles from Ron Nissimov
Saudi Aramco Reports Increasing Natural Gas Output, with Earnings Climbing in 3Q
Saudi Arabia Oil Co., aka Aramco, achieved record natural gas production of 10.7 Bcf/d on one day in early August from conventional and unconventional fields, management said Wednesday. The recordbreaking figure was set on Aug. 6, executives said during a third quarter conference call. There also are hints of improving demand for oil and gas.…
November 5, 2020
France’s Engie Scraps Proposed Rio Grande LNG Deal Amid Environmental Concerns
French energy company Engie SA has decided to end negotiations to buy liquefied natural gas (LNG) from the proposed Rio Grande LNG facility in Texas because of French government concerns over hydraulic fracturing (fracking). Bloomberg reported Tuesday that a spokeswoman at Houston-based NextDecade Corp., which owns the Rio Grande LNG project, said Engie decided to…
November 3, 2020
Berkshire Hathaway Taking Over Cove Point LNG from Dominion
An affiliate of Warren Buffett’s Berkshire Hathaway Inc. on Monday became the operator of the Cove Point liquefied natural gas (LNG) export terminal in Lusby, MD, as part of a $9.7 billion acquisition from Dominion Energy Inc. The sale of the majority of the assets in the transaction announced in July were completed Monday, Richmond,…
November 3, 2020
Eni’s LNG Profits Higher, While Repsol Sees Possible Upside in Marcellus Gas
Despite an expected rise in liquefied natural gas (LNG) prices this winter, Italian supermajor Eni SpA does not expect to earn a profit in the fourth quarter from its global gas and power business because it already optimized trading in the first three quarters of the year, management said during a third quarter earnings call…
November 2, 2020
Japanese, Chinese Carbon-Neutral Plans May Impact U.S. LNG Industry
Recent announcements by the leaders of China and Japan to achieve carbon neutrality in the coming decades could initially increase demand for U.S. liquefied natural gas (LNG), but that demand could be reduced as early as 2030, analysts said. Japanese Prime Minister Yoshihide Suga on Monday said the country would aim to become a “carbon-neutral,…
October 29, 2020
Cheniere, Sempra LNG Export Licenses Extended to 2050
The U.S. Department of Energy (DOE) on Wednesday extended through 2050 three long-term liquefied natural gas (LNG) export licenses to countries without free-trade agreements (FTA). The extensions were issued for two Cheniere Energy Inc. facilities, Sabine Pass LNG in Louisiana and Corpus Christi LNG in South Texas. Sempra Energy’s proposed Port Arthur LNG terminal east…
October 29, 2020
France’s Total Makes Second Gas Discovery Offshore South Africa
Total SA has made a second significant gas condensate discovery offshore South Africa, management at the French major said Wednesday. The latest discovery is in the Luiperd prospect, in Block 11B/12B in the Outeniqua Basin, 175 kilometers (109 miles) off the southern coast of South Africa. The Luiperd well was drilled to a depth of…
October 28, 2020
Australia’s Woodside Saw 3Q Earnings Plummet Amid Weak LNG Prices
Woodside Petroleum Ltd., Australia’s top natural gas producer, reported a steep 42% fall in third-quarter revenue from a year ago despite higher sales volumes, as its long-term liquefied natural gas (LNG) export contracts were hit hard by low oil prices from last quarter. Most of Woodside’s LNG contracts are with Asian customers and are indexed…
October 27, 2020
France’s Engie Delays Finalizing U.S. LNG Deal With NextDecade Over Emissions Concerns
French energy company Engie SA has indefinitely postponed signing a long-term deal to buy liquefied natural gas (LNG) from the proposed Rio Grande LNG facility in Texas because of French government concerns over hydraulic fracturing (fracking), a person close to the matter told NGI on Friday. “What is very clear is that Engie postponed discussions…
October 26, 2020
LNG Infrastructure Easily Modified to Liquefy Hydrogen, Says Chart CEO
Natural gas liquefaction technology made by Chart Industries Inc. can be modified relatively easily to also liquefy hydrogen for export, the CEO said Thursday. Ball Ground, GA-based Chart provides liquid gas technologies and equipment for the energy, water and space industries, among others. It has in the last few years become more focused on the…
October 23, 2020