feed gas

LNG Recovery, Production Revisions Fuel Big Gains for Natural Gas Futures Prices

LNG Recovery, Production Revisions Fuel Big Gains for Natural Gas Futures Prices

Natural gas futures roared back midweek as export demand rose sharply following maintenance and production dipped lower for the second straight day. The July Nymex gas futures contract surged 7.5 cents day/day to $3.333. The August contract picked up 7.5 cents to $3.352. Spot gas increases also became more widespread ahead of warmer weather on…

June 23, 2021
European, Asian Natural Gas Prices See Another Week of Gains as Fundamentals Unchanged — LNG Recap

European, Asian Natural Gas Prices See Another Week of Gains as Fundamentals Unchanged — LNG Recap

Natural gas prices in Europe and Asia pressed higher last week, topping multi-month highs and continuing a bull run that has persisted for much of the spring.  In Europe, prompt prices notched their third straight week of gains. The Title Transfer Facility contract broke through $9.00/MMBtu and closed well beyond that mark most of the…

May 17, 2021
June Natural Gas Futures Inch Higher Ahead of Storage Report; Colonial Restarting Following Cyberattack

June Natural Gas Futures Inch Higher Ahead of Storage Report; Colonial Restarting Following Cyberattack

Natural gas futures advanced for a second straight day on Wednesday as production dipped and all indications pointed to continued strong demand for U.S. liquefied natural gas (LNG). The June Nymex contract settled at $2.969/MMBtu, up 1.4 cents day/day. July rose 1.9 cents to $3.018. NGI’s Spot Gas National Avg., however, declined 2.0 cents to…

May 12, 2021
U.S. LNG Exports Hit Record High in March, with Strength Expected to Persist Through Summer

U.S. LNG Exports Hit Record High in March, with Strength Expected to Persist Through Summer

U.S. liquefied natural gas (LNG) exports hit a record high in March of 6.64 million tons (Mt), according to market research firm Kpler, capping a volatile winter in which brutally cold weather across the northern hemisphere both increased demand and disrupted operations.  Kpler said U.S. exports in March finished 2.26 Mt higher than February, when…

April 8, 2021
European Demand Driving U.S. LNG Exports — LNG Recap

European Demand Driving U.S. LNG Exports — LNG Recap

Feed gas deliveries to U.S. liquefied natural gas (LNG) export terminals have been near capacity, flowing at almost 12 Bcf each day over the last week. The European natural gas market is helping drive U.S. export demand. Prices on the continent closed higher last week. The Dutch Title Transfer Facility finished at $6.620/MMBtu and the…

April 5, 2021
Global Gas Prices Fall on Declining Demand — LNG Recap

Global Gas Prices Fall on Declining Demand — LNG Recap

Global natural gas prices fell last week on warmer temperatures and declining demand as winter nears an end. Both April spot and futures prices in Asia slipped below the $6.00/MMBtu mark as buying in the region has fallen off. That helped push prices lower in Europe as more liquefied natural gas (LNG) supply has become…

March 2, 2021
U.S. Feed Gas Nominations Still Climbing as Exports Recover from Deep Freeze — LNG Recap

U.S. Feed Gas Nominations Still Climbing as Exports Recover from Deep Freeze — LNG Recap

U.S. feed gas deliveries were poised to hit their highest point in nearly two weeks on Tuesday as liquefied natural gas (LNG) export operations along the Gulf Coast continued ramping up after a historic winter storm nearly shut them down last week.  Feed gas deliveries have been climbing in recent days, surpassing 8 Bcf on…

February 23, 2021
Bedlam in U.S. Energy Markets Sends LNG Feed Gas Deliveries Spiraling Downward — LNG Recap

Bedlam in U.S. Energy Markets Sends LNG Feed Gas Deliveries Spiraling Downward — LNG Recap

U.S. liquefied natural gas (LNG) export terminals were struggling to bounce back Tuesday after feed gas deliveries in recent days plummeted to their lowest point since the fall amid a historic cold snap gripping much of the country that’s created unprecedented energy demand. Deliveries to the terminals via interstate pipelines fell to 5.45 Bcf Monday,…

February 16, 2021
U.S. LNG Exports Eclipse Pipeline Takeaway for Only Second Time Since 1998, EIA Says

U.S. LNG Exports Eclipse Pipeline Takeaway for Only Second Time Since 1998, EIA Says

U.S. exports of liquefied natural gas (LNG) outstripped natural gas exports by pipeline in November, marking only the second time that has happened in more than 20 years, the U.S. Energy Information Administration’s (EIA) said in a new report. LNG exports exceeded gas delivered via pipeline by nearly 1.2 Bcf/d in November, as demand from…

February 5, 2021

U.S. Feed Gas Deliveries Plummet on Gulf Coast Fog — The Offtake

A roundup of news and commentary from NGI’s LNG Insight Wood Mackenzie said feed gas deliveries to U.S. terminals fell by nearly 730 MMcf day/day to 8.93 Bcf on Thursday based on evening cycle nominations. The declines are concentrated at Cheniere Energy Inc.’s Sabine Pass terminal, “where heavy fog has significantly affected visibility” and disrupted…

January 21, 2021