A week of storms that left demand rather limited across the country did little to spark volatility in natural gas forward markets. Prices throughout the curve swung only a few pennies in either direction at the majority of market hubs as temperatures remained rather mild ahead of a coming heat wave that intensified in the latest outlooks, according to NGI’s Forward Look.
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Articles from Freeport
Tetco’s Stratton Ridge Expansion to Feed Freeport LNG Project
Federal regulators on Monday approved the start-up of Texas Eastern Transmission’s (Tetco) portion of the Stratton Ridge Expansion project, which is designed to provide natural gas to the Freeport LNG Development LP export project on the upper Texas coast.
Toshiba Exiting U.S. LNG to Focus on Core Businesses
Toshiba Corp. is set to take a steep loss and pay more than $800 million in a deal with an undisclosed buyer to dump its U.S. liquefied natural gas (LNG) business.
Sumitomo to Negotiate 2.2 MPTA Purchase from Freeport LNG
Sumitomo Corporation of Americas (SCOA) has agreed to negotiate with FLNG Liquefaction 4 LLC for a 20-year liquefaction tolling agreement (LTA) from the Freeport liquefied natural gas (LNG) export terminal in Southeast Texas, the companies said Wednesday.
Freeport LNG Train 1 Commissioning OK’d by FERC
FERC has approved commissioning the first train at the Freeport liquefied natural gas (LNG) export terminal in Southeast Texas, further signaling the impending growth expected in U.S. export capacity between now and the end of 2019.
Taiwan’s CPC Tentatively Agrees to Purchase LNG from Cheniere
CPC Corp., Taiwan’s state-owned producer of oil, natural gas and gasoline, announced Monday that it has reached a preliminary deal to purchase liquefied natural gas (LNG) from Cheniere Energy Inc. under a 25-year sale and purchase agreement (SPA).
Freeport LNG Buyer Osaka Gas Taking Stakes in Sabine Oil Haynesville Acreage
Japan’s Osaka Gas Co. Ltd., which has agreements to buy liquefied natural gas (LNG) from the Freeport LNG project on the Texas coast once it ramps up, on Friday agreed to put more skin in the game through a $144.5 million deal with Houston-based Sabine Oil and Gas Corp. to buy into a gassy Haynesville Shale project.
Cheniere to Build Third LNG Train in Corpus, Snapping Sluggish U.S. Export Expansions
Cheniere Energy Inc. on Tuesday pulled the trigger to build a third train at the Corpus Christi natural gas export project in South Texas as the CEO cited “tailwinds” in the global market. Freeport LNG also announced intentions to build a fourth train at its Southeast Texas export facility, which is now underway.
Boardwalk CEO Sees Room For Two Permian-to-Gulf Coast NatGas Pipes
With the Gulf Coast Express project officially moving forward, Boardwalk Pipeline Partners LP continues to pursue additional plans to transport Permian Basin natural gas to the Gulf Coast, but a final investment decision (FID) has yet to be made, management said Monday.
FERC OKs Compressor Station for LNG-Directed Coastal Bend Header
FERC has given Gulf South Pipeline Co. LP permission to build a compressor station in Texas for its proposed Coastal Bend Header project, which would create expansion capacity to deliver natural gas to a proposed liquefied natural gas (LNG) export terminal near Freeport, TX.