Corpus Christi LNG

Natural Gas Futures, Cash Prices Soar Above $5.00 as Nicholas Amplifies Production Worries

Natural Gas Futures, Cash Prices Soar Above $5.00 as Nicholas Amplifies Production Worries

Natural gas futures surged on Monday as a new tropical storm threatened to further shake the Gulf of Mexico’s (GOM) production foundation, a development that could hamper supply/demand balances at a time when gas in storage for winter is already light. The October Nymex contract cruised 29.3 cents higher day/day and settled at $5.231/MMBtu. November…

September 13, 2021
Cheniere Eyes 2022 to Sanction Corpus Christi LNG Stage 3

Cheniere Eyes 2022 to Sanction Corpus Christi LNG Stage 3

Cheniere Energy Inc. said Tuesday it expects to take a final investment decision (FID) next year for the Stage 3 expansion at its Corpus Christi liquefied natural gas (LNG) export terminal in South Texas. Executives said the Houston operator is focused on lining up commercial contracts for the expansion, which could add more than 10…

September 10, 2021
Cheniere Sees Record LNG Exports, but Commodity Price Exposure Leads to Losses

Cheniere Sees Record LNG Exports, but Commodity Price Exposure Leads to Losses

Cheniere Energy Inc. reported record liquefied natural gas (LNG) exports from its terminals in Louisiana and Texas during the second quarter, when demand surpassed expectations as the global market tightened further.  The largest U.S. gas exporter loaded 139 cargoes, or 496 TBtu of LNG, in the second quarter. Results shattered a previous record of 133…

August 5, 2021

Maintenance to Cut Feed Gas Deliveries to Corpus Christi LNG — The Offtake

A roundup of news and commentary from NGI’s LNG Insight Corpus Christi Pipeline planned to conduct maintenance through Friday that could cut feed gas deliveries to the Corpus Christi LNG export terminal by up to 75 MMcf/d, according to Wood Mackenzie. Meter cleaning at the system’s interconnect with Natural Gas Pipeline Company of America and…

July 21, 2021
Cheniere Signs Another Natural Gas Supply Deal Linked to JKM for Corpus Christi Export Expansion

Cheniere Signs Another Natural Gas Supply Deal Linked to JKM for Corpus Christi Export Expansion

Cheniere Energy Inc. has signed an agreement for Tourmaline Oil Corp. to supply natural gas for an expansion project at Cheniere’s Corpus Christi export terminal in South Texas at prices linked to the Asian spot market.  The deal brings Cheniere another step closer to sanctioning the Stage 3 liquefied natural gas (LNG) export expansion project,…

July 16, 2021

Maintenance Underway on All Corpus Christi LNG Trains — The Offtake

A roundup of news and commentary from NGI’s LNG Insight Maintenance began on all three trains at Cheniere Energy Inc.’s Corpus Christi LNG export terminal on Thursday (4/8) and is scheduled to last until 7 a.m. CT Saturday (4/10), according to a filing with the Texas Commission on Environmental Quality.   U.S. feed gas deliveries dropped…

April 9, 2021
U.S. LNG Exports Bouncing Back as Weather Finally Shifts Along Gulf Coast

U.S. LNG Exports Bouncing Back as Weather Finally Shifts Along Gulf Coast

U.S. liquefied natural gas (LNG) exports were slowly recovering Friday, but the impacts of brutal cold along the Gulf Coast that nearly halted shipments altogether were lingering.  Eighteen empty LNG vessels were floating in the Gulf of Mexico Friday, up from 12 on Thursday, Kpler economist Reid I’Anson told NGI. Another two tankers were diverted…

February 19, 2021