After soaring to record levels in March, natural gas deliveries to U.S. export facilities plummeted by more than half only two months later as Covid-19 amplified demand destruction resulting from a mild winter, according to the Energy Information Administration (EIA). The EIA said feed gas deliveries to liquefied natural gas (LNG) production terminals fell to…
Articles from Exports
Feed gas deliveries to U.S. liquefied natural gas (LNG) export terminals finally jumped back up on Monday after sitting below 4 Bcf/d for nearly two weeks. For the evening cycle for Monday’s gas day, Genscape Inc. estimates showed a 550 MMcf day/day jump in feed gas demand to more than 4 Bcf/d overall. “Most notably,…
After surviving protests and the Covid-19 pandemic, Coastal GasLink (CGL) plans to start laying pipe for the only liquefied natural gas (LNG) export project underway on the northern Pacific coast of British Columbia (BC). CGL said construction employment would roughly triple to peak at more than 2,500 in September as work accelerates along the 416-mile…
Crude exports from the Port of Corpus Christi in South Texas are continuing to boom even amidst the coronavirus pandemic, and projects and enhancements appear poised to solidify its dominance along the Gulf Coast.
Many U.S. natural gas and oil operators may view overseas demand as the best option for growth, particularly for liquefied natural gas (LNG), but Canada continues to be the largest source of domestic energy imports and the second only to Mexico for exports, the Energy Information Administration (EIA) said Friday.
Even given the many unknowns related to the market impact of the coronavirus pandemic on both sides of the border, Mexico will remain a key destination for U.S. natural gas producers for years to come, according to analysts.
Natural gas futures crept up early Tuesday and hung on to a narrow advance on the day as heat took hold in the West and weekend weather forecasts trended modestly warmer, creating potential for increased air conditioner use that could begin to offset weakening demand for U.S. exports. The July Nymex contract settled at $1.777/MMBtu, up three-tenths of a cent day/day. August rose a half-cent to $1.876.
The leading role of the United States in North American natural gas exports grew while the former continental champion, Canada, faded in 2019, according to the latest trade scorecard by the U.S. Department of Energy (DOE).
The liquefied natural gas (LNG) market continues to plumb new lows as the month comes to an end, with a record number of laden vessels floating worldwide while prices and demand remain weak.
Canada faded while the United States grew as the North American champion of natural gas exports in the first nine months of 2019, according to the latest trade scorecard of the U.S. Department of Energy (DOE).