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
U.S. LNG Exports Expected to Bounce Back, Near Capacity in Months Ahead
U.S. liquefied natural gas (LNG) exports will likely reach capacity of roughly 10 Bcf/d by the winter after dropping to about 30% of capacity in July because of the demand devastation caused by Covid-19, analysts told NGI this week. Some analysts see capacity ramping through the end of the year, while others expect a sharp…
September 2, 2020
Flex LNG Expects U.S. Cargo Cancellations to Decrease in September
Domestic liquefied natural gas (LNG) cargo cancellations may begin to decline in September as global markets improve, according to Bermuda-based shipper Flex LNG Ltd. “We do see July and August as the peak cancellation months and expect a gradual decrease in cargo cancellation and thus a recovery to some export growth in the fourth quarter,”…
August 21, 2020
Gorgon LNG to Start Up One Train, but Shutting Down Another for Inspection, Possible Repair
Chevron Corp. plans to shutdown Train 1 at the Gorgon liquefied natural gas (LNG) plant in Australia to inspect for damage after the second train is placed back online, a spokesperson said Thursday. Chevron, which operates the three-train facility and has a 47.3% stake, is progressing on repairs to Train 2, which was shut in…
August 21, 2020
U.S. Sanctions Said Unlikely to Halt Nord Stream 2 Pipeline
Expanded U.S. sanctions will not likely halt Russia’s Nord Stream 2 (NS2) natural gas pipeline, according to Uniper, but management has warned investors that the chances of delays have increased. In 2017, Uniper was among five European companies that agreed to provide long-term financing for 50% of the estimated $11.8 billion project, with Russian state-controlled…
August 18, 2020
Golar Sees LNG Spot Rates Increasing, with Improving Conditions by Year’s End
Liquefied natural gas (LNG) shipping rates are likely to drop through September because of the economic devastation from the Covid-19 pandemic, but the longer term outlook has improved, Golar LNG Ltd. management said Thursday. “There is now an emerging optimism among market players who expect a stronger rate environment heading into the autumn and seasonally…
August 17, 2020
European Commission Calls for Increased Hydrogen Use, Creating More Competition for NatGas
In another sign of the surging global interest in using hydrogen to reduce carbon emissions, the European Commission (EC) recently published what it called a “roadmap” for the European Union (EU) to install at least 6 GW of renewable hydrogen electrolyser capacity by 2024 and 40 GW by 2030. European hydrogen electrolyser capacity currently totals…
August 12, 2020
EU Grants Promote Use of LNG as Transportation Fuel
The European Union (EU) has approved grants for its member states to increase the use of liquefied natural gas (LNG) as a transportation fuel for ships, cars and trucks. The funding, approved earlier this month, is part of a 2.2 billion euro ($2.6 billion) package to support 140 transportation projects in the EU. Of that…
July 30, 2020
Benefits of New European Infrastructure Questioned as Outlook for Natural Gas Mixed
Europe would benefit from the controversial $11 billion Nord Stream 2 (NS2) natural gas pipeline and additional gas infrastructure, even though demand is seen declining over the long term, according to IHS Markit. “It is in the interest of European consumers to have abundant choice of import infrastructure from both price and security of supply…
July 24, 2020
Australian Natural Gas Auctions Said Competitive Even as Bigger Players Dominate
Spot prices in Eastern Australia’s domestic natural gas auctions generally are close to marginal supply prices even though three large firms dominate the markets, according to a market expert. Regulated auctions with bids and offers set the daily prices for wholesale gas in four eastern Australian markets, with prices typically a netback to Asian liquefied…
July 21, 2020
New Nord Stream Sanctions Draw Scrutiny, Stir Ire of Stakeholders
The Trump administration has unveiled a potentially quixotic effort to halt the controversial $11.4 billion Nord Stream 2 (NS2) natural gas pipeline from Russia to Germany by threatening to sanction companies that help complete the last 100 miles of the 745-mile line. The State Department plans to alter the Countering America’s Adversaries Through Sanctions Act…
July 17, 2020