Genscape

Cheniere Energy Inc.’s Midship Pipeline has entered service to move more natural gas from the Midcontinent to Gulf Coast and Southeast markets, including the company’s Corpus Christi liquefied natural gas (LNG) export terminal in South Texas.

Spot gas prices for the April 6-9 week posted stout gains across much of the Lower 48 as sub-$2/MMBtu gas continued to incentivize strong power burns despite a lack of significant demand. Led by gains on the West Coast,NGI’s Spot Gas WeeklyNational Avg.jumped 16.0 cents to $1.520.

Spot gas prices for the April 6-9 week posted stout gains across much of the Lower 48 as sub-$2/MMBtu gas continued to incentivize strong power burns despite a lack of significant demand. Led by gains on the West Coast,NGI’s Spot Gas WeeklyNational Avg.jumped 16.0 cents to $1.520.

Cheniere Energy Inc. remains ahead of the race in sending U.S. natural gas into the global marketplace, but other developers continue to face delays that put into question the timing of a more than 7 Bcf/d projected bump in feed gas deliveries.

A rebound in natural gas forward prices that began earlier in the month kicked in high gear during the Jan. 10-16 period as frigid air finally returned to the United States after a month-and-a-half of exceptionally mild weather.

China imported only two of the 69 liquefied natural gas (LNG) cargoes sent from the United States in the fourth quarter of 2018, a dramatic fall from the 14 U.S. cargoes it imported a year earlier after a trade war erupted last fall, according to Genscape Inc.’s proprietary monitoring data.

Enbridge Inc. said it has mobilized equipment to begin removing a section of 22-inch diameter natural gas pipeline that exploded over the weekend in Smith County, TN.

A jittery natural gas market plagued by a historic storage deficit that has only worsened before the peak of the winter season got some good news on the weather front as outlooks showed warmer temperatures beginning next week, a trend that could last for the next several weeks. January forward prices plunged an average 41 cents from Nov. 29-Dec. 5, while the balance of winter (February-March) dropped an average 31 cents, according to NGI’s Forward Look.

Columbia Gas Transmission LLC’s (TCO) Leach XPress pipeline was still out of service on Thursday, a week after an explosion and fire in Marshall County, WV, knocked out volumes and forced the company to issue a force majeure.