LNG exports to India

Covid-19 Cases Surge in India, Cutting Into Spot LNG Demand

A prolific surge in Covid-19 cases in India is cutting into spot liquefied natural gas (LNG) demand as some vessels have avoided the country since last month.  Seven LNG tankers that were headed to India have been diverted to other destinations since mid-April, said Kpler analyst Charles Costerousse, who added that the market research firm…

Cyberattack Forces Colonial Pipeline to Shut Down, Raising East Coast Fuel Shortage Worries

Citing a cybersecurity attack, Colonial Pipeline Co., which transports more than 100 million gallons of fuel daily, temporarily shut down its refined products pipeline system that spans more than 5,500 miles. The company, based in Georgia, said in a statement this weekend that it was the victim of a ransomware attack that infiltrated some of…

May 9, 2021

TC Says Virus-Related Delays Still Hindering Coastal GasLink, Mexico’s Villa De Reyes Projects

TC Energy Corp. said the pandemic continues to inflict headaches on the biggest project under construction, the Coastal GasLink supply line  designed to feed liquefied natural gas (LNG) supply for the Royal Dutch Shell plc-led LNG Canada project in northern British Columbia. “We continue to expect project costs to increase significantly along with a delay…

May 9, 2021

Sempra’s California, Texas Utilities Focusing on Decarbonization, Regulatory Boost

Energy infrastructure holding company Sempra Energy wants its California and Texas utilities to achieve net-zero emissions by 2045, but they need some help from technology innovations and regulators, executives said. A key for California utilities, including Southern California Gas Co. (SoCalGas), is developing renewable natural gas (RNG) as a decarbonizing tool, CEO Jeff Martin said…

May 8, 2021

With LNG Strength and Summer Demand Approaching, June Natural Gas Futures Bounce Back

Natural gas futures rebounded on Friday, as traders absorbed a favorable storage report, continued robust export activity and the specter of stronger cooling demand on the near-term horizon. The June Nymex contract gained 3.0 cents day/day and settled at $2.958/MMBtu. July rose 3.0 cents to $3.004. NGI’s Spot Gas National Avg. shed 1.5 cents to…

May 7, 2021