Export

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
Montney on Track to Become Leading Canadian Natural Gas Play

Montney on Track to Become Leading Canadian Natural Gas Play

Rich Montney Shale resources will let British Columbia (BC) take over from Alberta as the top Canadian natural gas producer jurisdiction within 20 years, according to two separate supply projections. Alberta falls behind BC in the latest national outlook by the Canada Energy Regulator (CER), Canada’s Energy Future 2020. The gas lead changes in both…

December 4, 2020
Texas GulfLink Deepwater Crude Export Terminal Gaining Traction

Texas GulfLink Deepwater Crude Export Terminal Gaining Traction

A Sentinel Midstream LLC subsidiary said Monday it has received a draft environmental impact statement (DEIS) for the deepwater crude oil export facility planned off the coast of Freeport, TX. The U.S. Coast Guard and the U.S. Maritime Administration (MARAD) issued the DEIS for the Texas GulfLink project, a “critical step in the regulatory process…

November 30, 2020
Max Midstream Looking to Pull Permian, Eagle Ford Oil to New Export Terminal Between Houston, Corpus

Max Midstream Looking to Pull Permian, Eagle Ford Oil to New Export Terminal Between Houston, Corpus

A Houston-based midstreamer is looking to squeeze in another oil export project on the Texas coast between the massive Houston and Corpus Christi ports that would move Eagle Ford Shale and Permian Basin supply overseas. Max Midstream announced the ambitious plan designed around the Seahawk Pipeline and Terminal in Port Comfort in Calhoun County. The…

September 25, 2020
AltaGas Expects Increased Propane Exports Thanks to Liquids-Rich Montney Formation

AltaGas Expects Increased Propane Exports Thanks to Liquids-Rich Montney Formation

After a year of overseas sales growth, the pioneer of propane tanker loadings on the north Pacific coast of British Columbia (BC) has doubled the volume authorized for its international traffic in the natural gas byproduct. AltaGas Ltd. has obtained a second 25-year export license for 40,000 b/d from the Canada Energy Regulator (CER). The…

August 25, 2020
Surging Texas-Mexico Natural Gas Exports Set For Continued Gains as Permian Production Rebounds

Surging Texas-Mexico Natural Gas Exports Set For Continued Gains as Permian Production Rebounds

Natural gas exports from West Texas to Mexico could average up to 1.5 Bcf/d throughout the second half of 2020 and 2021, driven by the completion of new infrastructure south of the border, according to a new analysis by Rystad Energy. Fermaca’s Villa de Reyes-Aguascaliente-Guadalajara (VAG) pipeline began operations in June, marking the completion of…

July 29, 2020
July Bidweek Marked by Discounts as Natural Gas Traders Mull Loose Balances, LNG Declines

July Bidweek Marked by Discounts as Natural Gas Traders Mull Loose Balances, LNG Declines

Dragged down by loose balances amid weaker export demand, natural gas prices skidded lower in July bidweek trading even as a toasty forecast offered some encouragement for the bulls. NGI’s July Bidweek National Avg. fell 9.5 cents month/month to $1.450/MMBtu. That marks a 53-cent decline from the $1.980 average NGI recorded for July 2019 bidweek,…

July 1, 2020
AltaGas Eyes Doubling Propane Exports Overseas from BC Terminal

AltaGas Eyes Doubling Propane Exports Overseas from BC Terminal

The Covid-19 pandemic only inflicts a temporary setback on overseas propane shipments as byproduct growth for the Canadian natural gas industry, according to AltaGas Ltd.

June 3, 2020
MPL Reaches Another ‘Milestone’ in Awarding FEED Contract for Mexico LNG Export Project

MPL Reaches Another ‘Milestone’ in Awarding FEED Contract for Mexico LNG Export Project

Mexico Pacific Limited LLC (MPL) has awarded a front-end engineering design (FEED) contract to Technip USA for its planned liquefied natural gas (LNG) project on Mexico’s Pacific Coast.

March 12, 2020
LNG Recap: Cargo Cancellations, Coronavirus Weighing on Global Market — Bonus Coverage

LNG Recap: Cargo Cancellations, Coronavirus Weighing on Global Market — Bonus Coverage

Tellurian Inc. said Monday that its massive Driftwood LNG export project proposed for Louisiana is “shovel ready,” with construction targeted to start this year.

February 24, 2020
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