Corpus Christi LNG

After rallying early amid supportive fundamental trends, natural gas futures lost steam through midday trading. Market speculation around potential disruptions to LNG export traffic out of Corpus Christi, TX, may have played a role in tempering early gains. Here’s the latest: May Nymex futures trading at $1.873/MMBtu as of 2:30 p.m. ET, up 2.9 cents…

A roundup of news and commentary from the global gas market A 7.4-magnitude earthquake impacted Taiwan and briefly triggered a tsunami warning Tuesday, but hasn’t appeared to disrupt LNG imports, according to data from Kpler. Two vessels initially were turned away during the warning, but imports resumed on Wednesday. Taiwan imported more than 20 million…

With bulls aiming to send prices higher for a third straight session, natural gas futures were up modestly through midday trading Tuesday as weaker production volumes and stronger physical prices hinted at tightening market conditions.  Here’s the latest: May Nymex futures at $1.854/MMBtu as of 2:13 p.m. ET, up 1.7 cents The front month dipped…

The Port of Corpus Christi in South Texas moved a record amount of tonnage last year, driven primarily by higher crude oil and LNG shipments. Goods jumped 8.1% year/year to 203 million tons (Mt). The port said crude oil exports were the biggest factor, which jumped 12.5% to 126.1 Mt. A record volume of 16.3…

LNG and Mexico exports are expected to underpin U.S. natural gas demand growth over the coming years, with the Agua Dulce hub in South Texas playing a critical supply role. In turn, both markets are building out infrastructure to ensure access to molecules and capacity in an increasingly competitive and globalized gas market. “Feed gas…

As global natural gas supply settles into a fragile balance, Cheniere Energy Inc. is pushing ahead its next generation of LNG projects with the expectation it may be able to deliver the third stage of the Corpus Christi facility in Texas sooner than expected. Executives of the Houston-based liquefied natural gas exporter reported during the…

A partnership led by Spain’s Repsol SA has clinched a contract with Texas officials to store carbon emissions offshore Corpus Christi in an area that covers more than 140,000 gross acres of pore space. According to the project sponsors, the offshore carbon capture and storage (CCS) project would be near more than 35 million metric…

A Cheniere Energy Inc. spokesperson said Wednesday that Tropical Storm Harold had no impact on operations at the company’s Corpus Christi LNG (CCL) export terminal in South Texas.

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…