Golden Pass

Kinder Morgan Inc.’s (KMI) Texas-Louisiana Expansion project, aimed at bringing additional natural gas supply to the Gulf Coast, is now fully subscribed after two LNG exporters signed on as customers. Natural Gas Pipeline Company of America LLC (NGPL), a KMI subsidiary, told FERC in a recent filing it has inked agreements to supply the Golden…

Natural gas futures pop around 1:25 p.m. ET, shortly after Golden Pass Pipeline files FERC partial in-service request April Nymex contract briefly pushed above $2.000/MMBtu before receding; front month at $1.945 as of 2:02 p.m. ET, up 2.9 cents Regulatory filing seeks interim service for part of Golden Pass Pipeline by April 1, adding up…

Eight pipeline projects continue to advance in Texas and Louisiana to feed five LNG export projects that are currently under construction along the Gulf Coast.  The pipelines have all been approved and some are under construction. They would add more than 20 Bcf/d of capacity to feed liquefaction trains coming online through the end of…

Unable to escape a bearish fundamental outlook informed by production outperformance and mild December weather, regional natural gas forwards saw heavy discounts during the Nov. 30-Dec. 6 trading period, NGI’s Forward Look data show. National benchmark Henry Hub fell to $2.575/MMBtu for January delivery, a 24.4-cent slide versus week-earlier prices.   Winter bulls found little refuge…

Natural gas futures continued to lose ground early Thursday as milder-trending forecasts did little to repair the damage dealt by a material weakening in export demand expectations heading into next year. After plunging 14.1 cents on Wednesday, the January Nymex contract was down another 3.2 cents to $2.537/MMBtu at around 8:30 a.m. ET. Futures sold…

Natural gas futures tanked at midmorning Wednesday after news of the delayed completion of a major LNG export facility accelerated earlier losses driven by healthy production and lackluster weather-related demand. At A Glance: January natural gas sinks 14.1 cents Golden Pass LNG “mechanical completion” delayed Cash sinks on futures, weather The front-month natural gas futures…

Natural gas demand has not slowed, and that’s helping to grease the skids for export contracts, ExxonMobil CEO Darren Woods said Wednesday. During a webcast to discuss capital spending and projected plans, Woods was asked about the company’s opportunities in the global LNG export market. The integrated major is a partner in several big gas…

As U.S. LNG exporters race to be the next project built on the Gulf Coast, natural gas demand is forecast to soar through the decade, causing near-term supply and infrastructure constraints throughout the market. Speaking at the Gulf Coast Energy Forum in New Orleans, RBN Energy LLC’s David Braziel, director of fundamental analysis, said the…

The United States is expected to keep the title as the world’s largest LNG exporter into next year after shipping out more cargoes than any other country during the first six months of 2023. U.S. exports of liquefied natural gas averaged 11.6 Bcf/d from January to the end of July, boosted by the return of…