Flux

With persistently low prices and a production glut, U.S. natural gas markets are in flux. Keeping track of the ups and downs in production data, as rigs move to more oily plays, which in turn affects output and pipeline capacity, can be a challenge for market forecasters.

The role of national oil companies (NOC) is changing rapidly and the collaboration that takes place among NOCs, international oil companies (IOC) and service companies is “in flux,” said Amy Myers Jaffe, who leads the Baker Institute Energy Forum at Rice University in Houston.

The role of national oil companies (NOC) is changing rapidly and the collaboration that takes place among NOCs, international oil companies (IOC) and service companies is “in flux,” said Amy Myers Jaffe, who leads the Baker Institute Energy Forum at Rice University in Houston.

The worldwide liquefied natural gas (LNG) business is in a state of rapid growth and flux, and the U.S. marketplace is guiding it, according to Gabriel Avgerinos, general manager of LNG and gas consulting at Poten & Partners in New York. Speaking on a panel at GasMart/Power in Reno, Avgerinos predicted that a massive expansion of LNG trade and imports will take place over the next decade as long as U.S. gas prices remain above $2.50/MMBtu.

The worldwide liquefied natural gas (LNG) business is in a state of rapid growth and flux, and the U.S. marketplace is guiding it, according to Gabriel Avgerinos, general manager of LNG and gas consulting at Poten & Partners in New York. Speaking on a panel at GasMart/Power in Reno, Avgerinos predicted that a massive expansion of LNG trade and imports will take place over the next decade as long as U.S. gas prices remain above $2.50/MMBtu.