feed gas

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…

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…

A roundup of news and commentary from NGI’s LNG Insight The Japan Korea Marker spot price jumped 15% day/day to shatter Monday’s record at $32.494/MMBtu amid a supply shortage and severe winter weather. Trafigura Group Pte. Ltd. also reportedly purchased a cargo for delivery in the region at $39.30. The rally continued in Europe as…

After sinking to their lowest levels in more than two years over the summer, U.S. liquefied natural gas exports surged to a record high in November, according to the Energy Information Administration (EIA). The agency said U.S. LNG exports reached 9.4 Bcf/d last month, surpassing the previous record set in January on strong global demand…

A utility plant trip that knocked out Cameron LNG’s three liquefaction trains earlier this week has been fixed, a spokesperson said.  It’s unclear what caused the incident, but Cameron said Tuesday the outage occurred overnight. “The issue is now resolved, and the operations team is in the process of restarting the trains,” said spokesperson Anya…

Feed gas deliveries to U.S. export terminals hit new highs over the weekend, peaking Saturday at 11.48 Bcf as spreads between the Gulf Coast, Asia and Europe remain strong, according to NGI data.  Pipeline shipments to liquefied natural gas terminals were near 11 Bcf/d throughout last week, flowing at some of their strongest levels since…

Global natural gas prices on Monday extended gains made last week as colder weather has settled in key markets across the world, driving demand for liquefied natural gas (LNG) exports.  Henry Hub for January delivery continued to climb Monday on colder temperatures forecast for parts of the southern and eastern United States. U.S. natural gas…

Natural gas futures climbed higher Monday as export levels held strong, prospects for weather-driven demand improved slightly and continued positive news on the coronavirus vaccine front bolstered confidence across markets. The December Nymex contract gained 6.1 cents day/day to start the abbreviated trading week and settled at $2.711/MMBtu. January rose 5.3 cents to $2.823. NGI’s…

For all the intraweek volatility in the natural gas forward markets, prices ultimately capped the Nov. 5-11 period moderately higher as chilly weather crept back into the long-range forecast, according to NGI’s Forward Look. Although it’s still unclear whether the cold lasts, Appalachia markets rallied sharply as the expected drop in temperatures coincided with a…