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LNG
European Natural Gas Prices Surge to Four-Month High on Supply Squeeze – LNG Recap
European natural gas prices hit their highest point in months on Tuesday, extending a series of gains as the continent continues to face the threat of supply shortages on a number of fronts. A prolonged shutdown of the Freeport liquefied natural gas (LNG) export terminal in the United States, reduced flows from Russia on the…
July 5, 2022Natural Gas Prices
Natural Gas Forwards Free Fall on Prolonged Freeport LNG Outage
As demand destruction from the Freeport liquefied natural gas (LNG) terminal outage continued to loosen balances, strong summer heat failed to prevent natural gas forwards from falling during the June 23-29 trading period. Fixed prices for August delivery at benchmark Henry Hub tumbled 37.4 cents during the period to average $6.499/MMBtu, NGI’s Forward Look data…
July 1, 2022LNG
Russia Moves for Control of Sakhalin-2 LNG, Jeopardizing Foreign Ownership Stakes
Russia is moving to further tighten its grip on the nation’s oil and natural gas supplies, issuing a decree for the country to take over the Sakhalin-2 liquefied natural gas (LNG) export project on Sakhalin Island north of Japan. An executive order signed by Russian President Vladimir Putin to “protect the national interests” calls for…
July 1, 2022Regulatory
Long-planned Alaska LNG Project Wouldn’t Increase Greenhouse Gas Emissions, DOE Says
The Alaska liquefied natural gas (LNG) terminal project would not have an impact on greenhouse gas (GHG) emissions if constructed, according to the latest analysis from the Department of Energy (DOE). DOE in late June published its draft supplemental environmental impact statement (EIS) for the Alaska LNG project (DOE/EIS-0512-S1). Researchers found that with mitigations already…
July 1, 2022Trending News

Regulatory