feed gas

Natural gas futures rallied on Tuesday, marking a stark reversal from the start of the week, as both LNG and near-term domestic-weather demand held strong and production ticked lower. At A Glance: Output below 102 Bcf/d Weather outlook mixed LNG calls holding strong Coming off a 13.1-loss on Monday – its first day as the…

Pilot LNG LLC has landed a new partner to help it develop the Gulf Coast’s first facility dedicated entirely to refueling vessels with LNG. The company said it has entered a joint venture with Seapath, which invests in maritime infrastructure, to help fund a $150 million project in the Galveston Bay area southeast of Houston…

Feed gas nominations to the Freeport LNG facility in Texas remain at a trickle after a significant drop on Sept. 9. Nominated feed gas on the Gulf South Pipeline system, Freeport’s primary supply route, was 203 MMcf/d on Wednesday, according to NGI analysis of pipeline data from Wood Mackenzie. It was around 11% of available…

Flows of feed gas to Freeport LNG dropped over the weekend to the lowest point since the facility restarted production earlier this year, according to pipeline data. Volumes of feed gas on the Gulf South Pipeline system, Freeport’s primary supply route, dropped 76% between Saturday and Monday, according to NGI analysis of pipeline data from…

Natural gas futures plummeted on Monday as weekend weather models shed a huge amount of demand from the 15-day outlook. Though LNG demand hit a fresh high amid a key export facility’s return of operations, the April Nymex contract settled 43.7 cents lower at $2.572/MMBtu. May futures dropped 41.1 cents to $2.730. At A Glance:…

European natural gas prices rebounded on Tuesday amid colder weather and signs that cheaper LNG cargoes have brought some Asian buyers back to the market. The prompt Title Transfer Facility (TTF) contract finished at nearly $19/MMBtu after falling to $17.522 on Monday. It was a rare gain after weeks of losses that have pushed the…

U.S. LNG export demand fell by about 5 Bcf/d heading into the holiday weekend as a brutal winter storm settled in over much of the country and impacted terminal operations. The storm brought high winds, rain, snow and freezing temperatures that cut into natural gas supply, slowed deliveries on interstate pipeline systems and halted vessel…

Natural gas futures sailed higher on Monday, rallying for a third straight session ahead of prompt month expiration and amid a potential global energy supply crunch. The October Nymex contract spiked 56.6 cents day/day and settled at $5.706/MMBtu. October rolls off the board as the prompt month at the close of trading Tuesday. November jumped…

European natural gas prices again set records Monday as Russian pipeline imports were poised to fall further next month, exacerbating fears that the continent would be short of supplies this winter as storage inventories remain low.  Gazprom PJSC booked a fraction of the 15 million cubic meters (MMcm) of firm transportation capacity available through Ukraine…