hurricane laura

A roundup of news and commentary from NGI’s LNG Insight ClipperData: LNG vessel Hough Gannet was berthed at Sabine Pass LNG in Louisiana on Wednesday and is “the first expected loading post Hurricane Laura.” SM Eagle was the last vessel to load at the facility on Aug. 23.  U.S. feed gas deliveries jumped to 6.35…

The global market is tightening with three major liquefied natural gas (LNG) facilities offline in the United States and Australia, supporting a price rally that began last month as fundamentals started improving.  The Sabine Pass and Cameron LNG terminals on the Gulf Coast, the two largest in the United States with a combined export capacity…

The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 35 Bcf into storage for the week ending August 28. The result came in roughly on par with median estimates and nudged Nymex natural gas futures higher. The latest injection was bullish relative to a year earlier, when EIA reported a 77 Bcf…

With Louisiana and Texas communities and businesses facing substantial losses after Hurricane Laura, charitable efforts by the oil and gas industry and beyond are providing a helping hand.  Cheniere Energy Inc., the largest liquefied natural gas (LNG) exporter in the United States, pledged $1 million to local organizations that are supporting relief efforts. The donation…

After another day of low liquefied natural gas (LNG) demand, natural gas futures buckled in a big way Tuesday as the continuation of weak exports and cool September outlook pressured the market. The October Nymex gas futures contract dropped 10.3 cents to settle at $2.527. November fell a much more modest 1.9 cents to $2.901.…

Almost 42% of the natural gas and more than half of the oil produced in the U.S. Gulf of Mexico pre-Hurricane Laura remained shut-in on Monday, according to reports from 35 exploration and production companies. The Interior Department’s Bureau of Safety and Environmental Enforcement said as of 11:30 a.m. CT, 41.29% of gas produced was…

Four days after Hurricane Laura made landfall near Lake Charles, LA, both Cheniere Energy Inc. and Sempra Energy reported minimal damage at the Cameron and Sabine Pass LNG terminals.  Both facilities were still offline on Monday. Sempra’s Cameron LNG took a direct hit from the storm, which came ashore packing 150 mph winds and was…

In what may be the last blast of summer, near triple-digit temperatures across Texas and much of the Southeast this week boosted weekly spot gas prices for the Aug. 24-28 period. However, with the former Hurricane Laura crashing ashore the Gulf Coast late in the period, and temperatures falling on the West Coast, NGI’s Weekly…

In the wake of former Hurricane Laura, U.S. offshore natural gas and oil production shut-ins remained static on Friday afternoon. The Interior Department’s Bureau of Safety and Environmental Enforcement at midday Friday said 60% of natural gas produced in the Gulf of Mexico (GOM) remained shut-in while 84% of total oil output was offline. The…