France’s Engie Delays Finalizing U.S. LNG Deal With NextDecade Over Emissions Concerns

French energy company Engie SA has indefinitely postponed signing a long-term deal to buy liquefied natural gas (LNG) from the proposed Rio Grande LNG facility in Texas because of French government concerns over hydraulic fracturing (fracking), a person close to the matter told NGI on Friday. “What is very clear is that Engie postponed discussions…

Equinor’s Hammerfest LNG Shuttered for One Year After September Fire

Inspections have shown that a fire last month at Equinor ASA’s Hammerfest liquefied natural gas (LNG) terminal in northern Norway will require at least a year’s worth of work to repair, the company said Monday.  The fire broke out in the air intake of one of the plant’s five power turbines, which caused extensive damage,…

October 26, 2020

Rising Export Demand Fuels Big Rally for Natural Gas Forward Prices

After multiple setbacks, liquefied natural gas (LNG) demand ramped up in a big way during the Oct. 15-21 period, tightening up supply/demand balances and boosting natural gas forward prices across the country, according to NGI’s Forward Look. November prices jumped an average 26.0 cents for the period, with double-digit gains extending through the winter months…

October 23, 2020

Northern Chill, Rebound in LNG to Drive Strong Winter U.S. Natural Gas Demand, Analysts Say

Recovering liquefied natural gas (LNG) demand, forecasts for a colder winter that were supported by an early Midwest chill, low production and abating storage containment worries should support gas prices in the final months of this year and establish momentum for 2021, analysts argue. “While U.S. storage is projected to exceed 4 Tcf by the…

October 23, 2020

LNG Infrastructure Easily Modified to Liquefy Hydrogen, Says Chart CEO

Natural gas liquefaction technology made by Chart Industries Inc. can be modified relatively easily to also liquefy hydrogen for export, the CEO said Thursday. Ball Ground, GA-based Chart provides liquid gas technologies and equipment for the energy, water and space industries, among others. It has in the last few years become more focused on the…

October 23, 2020