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
NextDecade to Slash Emissions at Proposed LNG Export Project in Texas
NextDecade Corp. will use carbon capture and storage (CCS) technology to reduce expected carbon dioxide equivalent emissions by about 90% at its proposed Rio Grande liquefied natural gas (LNG) export project in Brownsville, TX. Management said Tuesday that the Houston-based company additionally is exploring options to address what would be the remaining emissions, as potential…
Permian Output Seen Ramping Up in 2021
Production in the Permian Basin will likely decline through the year but then begin to increase through at least 2026, even if prices do not rise significantly, according to analysts. “We see the Permian as a relative winner among domestic basins given favorable production economics, independent of a call on higher commodity prices,” the Morgan…
Energy Sector Job Losses Said Unlikely to Return Until Late 2021
The downturn in the U.S. energy sector caused by the Covid-19 pandemic is “truly like no other” as 70% of the jobs lost this year may not come back until the end of 2021, the Deloitte consultancy said Monday. However, the economic devastation presents opportunities for the oil and gas industry to accelerate its transformation…
Baker Hughes Secures Equipment Deal for Major Qatari LNG Expansion
Baker Hughes Co. said Tuesday it will supply Qatar Petroleum gas-powered refrigerant units for an expansion of the Middle Eastern country’s liquefaction capacity to 110 million metric tons/year (mmty) from 77 mmty by 2025. The Houston-based oilfield services giant said it is among the largest liquefied natural gas (LNG) deals it has secured in the…
Australia PM Looks to Henry Hub Model to Lower East Coast Gas Prices
Australian Prime Minister (PM) Scott Morrison wants to create a transparent domestic natural gas hub along the east coast similar to Henry Hub in order to lower gas prices in the region and spur an economic recovery from the Covid-19 pandemic. The idea was among a number of measures that Morrison proposed earlier this month…
Eastern Med Group Formed Without Turkey to Cooperate on Natural Gas Resources
Several Eastern Mediterranean countries have formally established an intergovernmental organization to cooperate in developing the massive offshore natural gas fields in the region, conspicuously leaving out Turkey as a member state. The East Mediterranean Gas Forum (EMGF) is to be based in Cairo and any East Mediterranean country can apply for membership, the Egyptian Ministry…
Governments, Free Markets Seen as Integral to Growing LNG Demand
Government intervention and free markets will be necessary to grow global liquefied natural gas (LNG) demand in the next decade and provide markets for U.S. gas producers, according to industry executives. Cheniere Energy Inc.’s Anatol Feygin, chief commercial officer of the largest U.S. LNG exporter, said at the recent Gastech Virtual Summit that the Houston…
Abu Dhabi Sovereign Wealth Fund Buys Major Stake in Cheniere Energy
The state-owned Abu Dhabi Investment Authority (ADIA) has acquired a 5.05% share in U.S. liquefied natural gas (LNG) exporter Cheniere Energy Inc., according to a Wednesday filing with the U.S. Securities and Exchange Commission. The sovereign wealth fund owns about 12.7 million shares of Houston-based Cheniere that are valued at about $648 million. Cheniere’s share…
Cameron LNG Restart Likely Soon, but Further Delays Said Possible
The restart of one liquefied natural gas (LNG) export project in Louisiana, Cameron LNG, could occur this month, but some are warning in a worst-case scenario, the facility could be offline until November. The terminal was shuttered in late August by Hurricane Laura. Majority owner Sempra Energy has not said when the 2.3 Bcf/d facility…
U.S. Influence on Global Natural Gas Evident in European, Asian Price Rallies, Says Tellurian’s Souki
Reduced natural gas drilling in the United States has surprisingly caused European and Asian LNG prices to quickly surge, said Tellurian Inc. chairman and liquefied natural gas (LNG) pioneer Charif Souki during an interview with Columbia University this week. “America sneezes and the rest of the world catches a cold,” Souki said in a podcast…