Freeport Lng

Natural gas futures found fresh footing in positive territory Wednesday, marking the first gain of 2023, amid estimates for a massive storage withdrawal report. At A Glance: Near-term weather favorable for bulls Analysts see triple-digit storage pull Outlook shows heating demand fading After dropping 48.7 cents in the previous session and closing below $4.00, the…

A unit of Osaka Gas Co. Ltd., one of the largest global LNG buyers, is partnering with midstreamer Tallgrass Energy Partners and Green Plains Inc. to explore creating a hub of low-carbon gas that could be exported to Japan through Freeport LNG. In an agreement disclosed Wednesday, the firms outlined a partnership to study the…

Natural gas futures reversed lower Wednesday as the intensity of frigid temperatures expected into the back half of December moderated somewhat in the latest forecasts. The January Nymex contract plunged 50.5 cents to settle at $6.430/MMBtu. At A Glance: Profit-taking driven by milder temps, Freeport ‘Potent Arctic blast’ still seen next week Cash plummets as…

After five straight days in positive territory, natural gas bulls may struggle to keep momentum going amid continued weather model volatility. Though they managed to eke out another substantial price increase on Tuesday, warmer trends in the weather models took a hatchet to early gains. The Nymex January gas futures contract reached a $7.105 intraday…

Freeport LNG Development LP said Tuesday it is still planning to restart its facility toward the end of the year one day after FERC sent a 16-page letter asking it to address dozens of issues before operations can resume. The Federal Energy Regulatory Commission sent two separate documents requesting information on 64 questions, only one…

EnBW Energie Baden-Württemberg AG has made a long-term commitment for 3 billion cubic meters (Bcm)/year of LNG regasification capacity at the developing terminal in Stade, Germany, securing a home for its influx of U.S. supply intended to decrease reliance on Russia. EnBW disclosed Thursday it has secured capacity for more than 10 years in an…

Natural gas futures gave up ground Wednesday as traders absorbed reports of increased production, uneven weather-driven demand and the potential to avert a railroad strike.  At A Glance: Gas production bounces back Markets mull evolving weather Analysts see storage pull in 80s Bcf The January Nymex natural gas futures contract, a day after edging ahead…

Click here to listen to the latest episode of NGI’s Hub & Flow. NGI LNG editors Jamison Cocklin and Jacob Dick walk listeners through the latest on the Freeport LNG outage.  They discuss when the terminal on the Upper Texas Coast is likely to restart operations after a June explosion knocked the liquefied natural gas…

Huge natural gas forward basis moves continued for pipeline capacity-starved New England, but hefty premiums also shifted further west during the short Nov. 17-21 period, NGI’s Forward Look data showed. With several inches of snow falling and a stormy outlook ahead, the Rockies and Pacific Northwest posted sharply higher forward prices. Northwest Sumas December basis…