Import

One day before controversial new tariffs on steel and aluminum imports on several U.S. allies were to take effect, the Trump administration on Monday extended trade negotiations with Canada, Mexico and the European Union (EU) for another 30 days.

Natural gas demand worldwide rose by only 1.5% last year, slower than the 10-year average, while production climbed a mere 0.3%, the weakest growth in almost 34 years, with U.S. output falling for the first time since the shale revolution, BP plc said Tuesday.

The United States’ presence in the expected near-term strengthening of the global liquefied natural gas (LNG) market and Europe’s key role on the marginal demand side are likely to be game-changers over the next five years, according to a report released Monday by Societe Generale research analysts.

U.S. pipeline capacity for natural gas exports to Mexico has not only rapidly expanded in recent years, but it is expected to nearly double over the next three, according to the Energy Information Administration (EIA).

BP Energy continued a long-running dispute with Dominion Cove Point LNG LP (DCP) Friday when it asked FERC to expedite action on a case recently remanded by the United States Court of Appeals and allow it to “turn back” import expansion storage and regasification capacity as the agency previously allowed another existing import customer.

Emerging Asian markets for liquefied natural gas (LNG) are helping to offset declines seen in the three largest importers: Japan, South Korea and China, according to the U.S. Energy Information Administration (EIA).

Imported liquefied natural gas (LNG) and increased in-state production, are among the possible substitutes during the coming winter for the continued limitations at California’s largest gas storage facility.

Five years after enacting a ban on hydraulic fracturing (fracking), France’s energy minister told lawmakers she is looking into a possible ban on U.S. shale gas imports, arguing that it is hypocritical for her country to ban the practice domestically, yet indirectly support fracking elsewhere by continuing the imports.

Net natural gas imports into the United States last year fell to 935 Bcf (2.56 Bcf/d), continuing a decline that began in 2007 and reaching a low not seen since the 1980s, according to the Energy Information Administration (EIA).