A roundup of news and commentary from NGI’s LNG Insight

  • Fog disrupted operations at ports along the Gulf Coast Tuesday, limiting traffic at some LNG terminals. Pilot service was suspended on the Sabine-Neches Waterway and the Calcasieu Ship Channel (CSC), according to Moran Shipping. Service resumed later in the day on the CSC. 
  • Feed gas volumes to U.S. terminals dipped Tuesday to 10.56 Bcf from 11.28 Bcf on Monday. Fog is expected to persist along parts of the Gulf Coast through Thursday. 
  • Prompt European natural gas prices fell Monday, giving up strong gains since early last week as colder weather has settled in. Both the National Balancing Point and Title Transfer Facility benchmarks declined. Warmer weather is expected beyond the latest cold snap and a record rise in carbon prices slowed.  
  • In another setback for the Jordan Cove LNG project, the U.S. Department of Commerce has upheld Oregon’s finding that the export project is not consistent with its coastal zone management plans. Jordan Cove sponsors had appealed the decision. The state has also denied a key water quality certification, which has prevented the project from moving forward.