Calcasieu Pass

Calcasieu Pass LNG Ready for Initial Commissioning — The Offtake

A roundup of news and commentary from NGI’s LNG Insight  Venture Global Inc. has requested authorization from FERC to commission its first block of smaller, modular liquefaction trains at the Calcasieu Pass LNG terminal in Louisiana. The company requested that commissioning be allowed to begin by Friday (Oct. 29).  FERC has granted Cheniere Energy Inc.…

October 26, 2021
Cheniere Cleared to Introduce Feed Gas at Sabine Pass Expansion

Cheniere Cleared to Introduce Feed Gas at Sabine Pass Expansion

Cheniere Energy Inc. has received permission from federal regulators to introduce feed gas to the sixth train at its Sabine Pass liquefied natural gas (LNG) terminal in Louisiana, raising the likelihood that U.S. exports will increase further by year’s end.  The Federal Energy Regulatory Commission granted Cheniere’s Sept. 15 request to introduce feed gas for…

September 24, 2021
Natural Gas Futures Start Week with Big Rally After Volatile Session; Cash Strengthens

Natural Gas Futures Start Week with Big Rally After Volatile Session; Cash Strengthens

Big fluctuations continued along the Nymex natural gas futures curve early Monday as traders wrestled with hotter shifts in the latest weather models and a step up in production. The September contract, which rolls off the board later this week, settled at $3.945, up 9.4 cents on the day. October also picked up 9.4 cents…

August 23, 2021
Freeport LNG CEO Questions Growing Reliance on Spot Cargoes After Volatile Winter

Freeport LNG CEO Questions Growing Reliance on Spot Cargoes After Volatile Winter

The cold snap earlier this winter in Asia and Europe that sent prices skyrocketing and buyers scrambling for liquefied natural gas (LNG) cargoes was an indication that the global market is becoming too reliant on spot deliveries, said Freeport LNG CEO Michael Smith.  “There’s been an overreliance on spot cargoes in our industry,” he said…

March 4, 2021

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight Venture Global Inc. reported “minimal” damage at Calcasieu Pass LNG terminal construction site in Cameron, LA. Hurricane Laura passed directly over the project. Storm protection system, including a perimeter wall and water pumping system helped mitigate impacts, company said.  Venture is working with its contractor…

August 28, 2020