Fukushima

Labor Crunch Could Push Back Golden Pass Start-Up – Three Things to Know About the LNG Market

Labor Crunch Could Push Back Golden Pass Start-Up – Three Things to Know About the LNG Market

NO. 1: Golden Pass LNG’s timeline for starting production could slip further into 2025. A shortage of skilled workers and other construction issues are reportedly causing delays.  Market speculation about the project has grown this week as traders continue to watch U.S. export projects along the Gulf Coast for signs of new demand later this…

May 2, 2024
Global Natural Gas Prices Slide Further as High Inventories Trump Volatility – LNG Recap

Global Natural Gas Prices Slide Further as High Inventories Trump Volatility – LNG Recap

Natural gas prices worldwide have continued to edge down as lagging winter weather and abundant storage win out over increasing risks in the Middle East and earthquakes in Japan. Gas markets were relatively muted Tuesday despite a New Year’s Day tremor that impacted Japan, the world’s second largest LNG buyer. The 7.6 magnitude quake originated…

January 2, 2024
Japan Plans Nuclear Restart in Response to LNG Prices, Supply Volatility

Japan Plans Nuclear Restart in Response to LNG Prices, Supply Volatility

Japan plans to restart mothballed nuclear facilities and may develop more projects, Prime Minister Kishida Fumio said Wednesday, reversing a more than decade-long policy that has increased the country’s reliance on LNG. During a press conference, Kishida said he had directed energy officials to initiate concrete plans by the end of the year to restore…

August 24, 2022

PG&E Delays Nuke Plant Relicensing

Citing public and industry concerns stemming from the disaster at Japan’s Fukushima Daiichi nuclear plant, Pacific Gas and Electric Co. (PG&E) on Monday said it will suspend a relicensing effort for its Diablo Canyon Nuclear Power Plant along the central California coast, pending the completion of updated seismic tests.

April 13, 2011