Cameron Lng

The Offtake: Vessel Finally Departs Cameron LNG

A roundup of news and commentary from NGI’s LNG Insight The Golar Seal departed Cameron LNG on Wednesday, transiting the Calcasieu Ship Channel with a draft of 35.8 feet, according to Bloomberg ship tracking data. The ship’s draft was below the 36-foot restrictions in place from a sunken rock barge in the CSC. The vessel…

October 22, 2020

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight Vessels with up to a 36-foot draft now allowed to transit Calcasieu Ship Channel (CSC) during day, allowing ballast LNG vessels to transit waterway. Fully loaded LNG vessels, with drafts of about 40 feet, unlikely to meet restrictions, but possibility remains for partially loaded ships…

October 20, 2020
Balances ‘Very Tight’ as Colder Forecast Helps Propel Natural Gas Futures Early

Balances ‘Very Tight’ as Colder Forecast Helps Propel Natural Gas Futures Early

Against the backdrop of a tight supply/demand balance, a colder-trending temperature outlook for later this month helped lift natural gas futures several cents in early trading Friday. The November Nymex contract was up 5.1 cents to $2.826/MMBtu at around 8:40 a.m. ET. The latest forecast early Friday from Bespoke Weather Services shifted colder toward the…

October 16, 2020
Analysts Monitoring LNG Setback in Louisiana as Natural Gas Futures Tumble

Analysts Monitoring LNG Setback in Louisiana as Natural Gas Futures Tumble

A warming weather outlook and reports of a possible setback in the timeline for recovery in exports out of Louisiana had natural gas futures trading sharply lower early Wednesday. The November Nymex contract was down 19.0 cents to $2.665/MMBtu at around 8:50 a.m. ET. Analysts at EBW Analytics Group attributed the move lower to reports…

October 14, 2020

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight Cameron LNG began controlled shutdown Thursday as Hurricane Delta headed for the Louisiana coast with landfall expected Friday. Hackberry, LA, plant started ramping back up Sept. 27 after damage caused by Hurricane Laura. A “ride-out” team will remain on site during Delta. Feed gas to…

October 8, 2020

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight Tropical Storm Delta has strengthened into a Category 4 hurricane and is charging toward the Gulf Coast. While it’s expected to weaken, the storm is forecast to make landfall just east of the Hackberry, LA-located Cameron LNG plant later this week, threatening additional disruptions. “A…

October 6, 2020
LNG Recap: Restart Finally Underway at Cameron LNG as Feed Gas Begins Flowing Again

LNG Recap: Restart Finally Underway at Cameron LNG as Feed Gas Begins Flowing Again

Feed gas started trickling into Sempra Energy’s Cameron liquefied natural gas (LNG) export facility in Louisiana over the weekend, a little more than a month after it was shut down before Hurricane Laura made landfall.  About 12 MMcf of natural gas was delivered to the facility on Sunday, with the same amount scheduled for Monday,…

September 28, 2020
Natural Gas Futures Down Ahead of EIA Report; Cameron LNG Restart Possibly Weeks Away

Natural Gas Futures Down Ahead of EIA Report; Cameron LNG Restart Possibly Weeks Away

With the latest government storage data expected to show a hefty weekly injection, adding to an already comfortable cushion in Lower 48 inventories at this point in the season, natural gas futures extended their recent losses in early trading Thursday.  After sliding 9.5 cents in the previous session, the October Nymex contract was down 7.5…

September 17, 2020
Cameron LNG Restart Likely Soon, but Further Delays Said Possible

Cameron LNG Restart Likely Soon, but Further Delays Said Possible

The restart of one liquefied natural gas (LNG) export project in Louisiana, Cameron LNG, could occur this month, but some are warning in a worst-case scenario, the facility could be offline until November. The terminal was shuttered in late August by Hurricane Laura. Majority owner Sempra Energy has not said when the 2.3 Bcf/d facility…

September 15, 2020
LNG Recap: U.S. Feed Gas Deliveries Surge, But Cameron Still Without Power to Restart

LNG Recap: U.S. Feed Gas Deliveries Surge, But Cameron Still Without Power to Restart

A surge in feed gas deliveries to export terminals and a hurricane headed for the northern Gulf Coast that has forced some offshore producers to shut-in volumes sent U.S. natural gas futures up sharply on Monday.  Feed gas volumes hit their highest point since May on Sunday, surpassing 7 Bcf and were at about the…

September 14, 2020
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