certified natural gas

Appalachian natural gas producers Seneca Resources Co. LLC and Northeast Natural Energy (NNE) have agreed to provide access to more than 1 Bcf/d of certified natural gas via commodities trading platform CG Hub, a signal that selling premium supply to overseas markets is advancing. The Chicago-based trading hub, operated through TruMarx Data Partners Inc.’s Comet…

More U.S. upstream operators are working to verify the methane emissions of their natural gas, and business is expected to strengthen as choosy buyers, particularly in Europe, choose independently certified gas. Methane, the primary component of natural gas, accounts for about 20% of the global anthropogenic greenhouse gas emissions. The natural gas sector emits a…

Midstream giant Williams has reached agreements with Coterra Energy Inc. and Dominion Energy Inc. to deliver certified low-carbon natural gas from the wellhead to Dominion’s Virginia business through 2023. The arrangement to deliver next generation or “next gen” natural gas “highlights the low-carbon benefits of Coterra’s production in Northeast Pennsylvania and Williams’ gathering and transmission…

Sempra Infrastructure has inked a sales and purchase agreement (SPA) with Engie SA, shoring up offtake for the first phase of its Port Arthur LNG project near Houston and agreeing to source supplies from producers whose gas has been certified by an independent third party. Sempra could supply France’s Engie 0.875 million metric tons/year (mmty)…

Spain’s Repsol SA has certified all of the 400 MMcf/d of natural gas it produces in the Marcellus Shale in Pennsylvania as responsibly sourced, the company announced last month. Repsol’s production from more than 680 wells was certified under the standards set by nonprofit MiQ. The assessment process took place over a six-month period, according…

PureWest Energy LLC, which develops natural gas reserves in Wyoming’s Green River Basin, has clinched an agreement to provide 30,000 MMBtu/d of independently certified supply to a West Coast end-user.  The Denver producer did not provide details about the end user or the pricing mechanism. However, the “one-year agreement is priced at a premium to…

Penn America Energy Holdings LLC, which is developing an LNG export terminal on the East Coast, has signed an agreement to certify that its methane emissions and operations meet MiQ standards, making a first-of-its-kind commitment to feed the facility with 100% independently certified natural gas. The proposed 7.2 million metric tons/year facility would be located…

Williams’ long-term natural gas focus continues to bring in the returns, according to CEO Alan Armstrong, who said strong quarterly results were attributable to the company sticking to its strategy. Speaking on a 3Q2022 conference call, Armstrong said the midstream giant’s adjusted earnings before interest, tax, depreciation and amortization (EBITDA) was up 15% compared to…

U.S. industries will need more independently certified natural gas to reach climate targets, Williams’ Brian Vogt, director of new energy ventures, said, but first, companies have to build trust in low-carbon fuels. Vogt said a lack of transparency and established measures in the certified natural gas space have left investors and international LNG buyers skeptical…