Cheniere

Global Natural Gas Market Unfazed by Revolt in Russia – LNG Recap

Global Natural Gas Market Unfazed by Revolt in Russia – LNG Recap

Global natural gas markets were calm Monday despite a brief armed rebellion in Russia over the weekend that called into question President Vladimir Putin’s grip on power. “The market seems to be reacting very little to events in Russia,” said Engie EnergyScan analysts. “One might say that this is to be expected, given that the…

June 26, 2023
Cheniere Boosts Sabine Pass Expansion Offtake with 1.8 MMty ENN Deal

Cheniere Boosts Sabine Pass Expansion Offtake with 1.8 MMty ENN Deal

Cheniere Energy Inc. is continuing its marketing push for its Sabine Pass LNG expansion project with another long-term sales and purchase agreement (SPA) that builds on its partnership with one of China’s largest private natural gas buyers. Houston-based Cheniere disclosed Monday a more than 20-year, 1.8 million metric ton/year (mmty) SPA with ENN Natural Gas…

June 26, 2023
Equinor Signs Deal to Buy More LNG From Cheniere, Grow Global Portfolio

Equinor Signs Deal to Buy More LNG From Cheniere, Grow Global Portfolio

Cheniere Energy Inc. said Wednesday it has secured another customer to support a major expansion at its Sabine Pass LNG export terminal in Louisiana.  Cheniere Marketing LLC entered a sales and purchase agreement (SPA) to provide Equinor ASA 1.75 million metric tons/year (mmty) of the super-chilled fuel for a term of 15 years. Equinor would…

June 21, 2023
Cheniere’s Midship Ordered to Compensate Oklahoma Landowners for 1.1 Bcf/d Natural Gas Pipeline Construction

Cheniere’s Midship Ordered to Compensate Oklahoma Landowners for 1.1 Bcf/d Natural Gas Pipeline Construction

A federal court in Oklahoma has ordered Cheniere Energy Inc.’s Midship Pipeline Co. LLC to pay landowners nearly $170,000 plus interest for the use of private land during the pipeline’s construction.  The pipeline started flowing up to 1.1 Bcf/d of natural gas in April 2020. However, area landowners in August 2021 said pipeline construction had…

June 5, 2023
Cheniere Inks 0.4 MMty Deal with South Korean Utility for Sabine Pass Expansion

Cheniere Inks 0.4 MMty Deal with South Korean Utility for Sabine Pass Expansion

Cheniere Energy Inc. has signed a long-term sales and purchasing agreement with Korea Southern Power Co. Ltd (KOSPO) that could eventually help underpin its proposed expansion of Sabine Pass LNG. Earlier in the month, Cheniere management told investors during a first quarter call it had secured a more than 20-year deal with an Asian customer…

May 16, 2023
Canadian Natural Gas Giant Tourmaline Touts California, LNG Price Exposure to Offset AECO Weakness

Canadian Natural Gas Giant Tourmaline Touts California, LNG Price Exposure to Offset AECO Weakness

Canada’s largest natural gas producer, Tourmaline Oil Corp., is aiming to maximize its exposure to volatile North American markets, such as California, as well as global LNG pricing, management said last Thursday. CEO Michael Rose hosted a conference call to discuss first quarter results for Calgary-based Tourmaline, which operates throughout the Western Canadian Sedimentary Basin.…

May 8, 2023
OPEC-Plus Oil Cuts Keep Pressure on European Natural Gas Prices – LNG Recap

OPEC-Plus Oil Cuts Keep Pressure on European Natural Gas Prices – LNG Recap

The surprise decision over the weekend by OPEC-plus countries to further cut crude production helped keep a rally in European natural gas prices alive as concerns over fuel supplies again bubbled up as the week got underway. The slump in natural gas prices amid a mild winter has made the fuel more competitive with oil…

April 3, 2023
Tourmaline Diversifying Canadian Natural Gas Marketing to Snag ‘Best Pricing Possible’

Tourmaline Diversifying Canadian Natural Gas Marketing to Snag ‘Best Pricing Possible’

Canada’s top natural gas producer, Tourmaline Oil Corp., is training its sights on the Montney Shale and revamping the marketing portfolio to fetch solid prices in North America and overseas. CEO Michael Rose led a conference call to discuss the Calgary-based exploration and production (E&P) company’s fourth quarter and full-year results. He also offered some…

March 6, 2023

Cheniere Completes Third Sabine Pass Loading Dock to Boost Operations – The Offtake

A roundup of news and commentary from NGI’s LNG Insight: Cheniere Energy Inc. will be working through January to demobilize construction crews at its Sabine Pass LNG facility and file required information after completing construction on its third marine berth, according to a filing with the Federal Energy Regulatory Commission. The additional berth, completed in…

January 12, 2023
Column: Are U.S. Natural Gas Producers Ready to Enter the LNG Market, and Is There a Place for Them?

Column: Are U.S. Natural Gas Producers Ready to Enter the LNG Market, and Is There a Place for Them?

Ten years have passed since Cheniere Energy Inc. ushered in the era of modern U.S. LNG exports by sanctioning the first two liquefaction trains at the Sabine Pass terminal in Louisiana.

January 11, 2023