Capacity

Saying it was acting “to protect the competitive capacity market” administered by PJM Interconnection, FERC Thursday directed the grid operator to expand its current minimum offer price rule (MOPR) to address state-subsidized electric generation resources.

State-owned Qatar Petroleum (QP), the world’s largest natural gas producer, said by 2027 it should be able to increase current liquefaction capacity by 64%.

The North Dakota Industrial Committee (NDIC) plans to hold a public hearing in November to evaluate changes to pipeline shipping statutes to streamline how oil and gas producers contract firm shipping capacity.

The U.S. natural gas pipeline grid is not sufficient to handle the swift changes occurring in both supply and demand, and significant operational and commercial challenges may occur without additional midstream buildout, executives said Tuesday in New Orleans.

Thailand Energy Minister Sontirat Sontijirawong ordered state-owned oil and gas major PTT last week to accelerate its gas business so that the country can become a liquefied natural gas (LNG) trading hub in Southeast Asia.

A losing streak that continued for 12 consecutive days in the natural gas futures market weighed heavily on regional forward prices, with lackluster demand and strong production growth pushing prices down considerably at some pricing hubs.

Facing a projected natural gas supply shortage that could begin next year, state-owned PetroVietnam said earlier this month that along with its partners it plans to start construction of the Thi Vai liquefied natural gas (LNG) import terminal, Vietnam’s first, in the southern Ba Ria-Vung Tau province.

As associated natural gas outpaces crude production growth, North Dakota’s Bakken Shale faces excess oil pipeline takeaway capacity by 2021, when production is expected to hit 1.5 million b/d.

Natural gas and related infrastructure will play an integral role in the U.S. transition to a lower-carbon economy and remain a significant contributor to the country’s energy portfolio as well as economic growth over the next two decades, according to the Interstate Natural Gas Association of America’s (INGAA) INGAA Foundation.