imports

Natural gas imports will continue to play an important part in the UK’s energy mix despite a plan recently launched by the government for nuclear power assets to generate 25% of the country’s electricity by 2050.  The proposed targets of having up to 24 GW of nuclear power online by 2050 in the Civil Nuclear…

New additions to European LNG import capacity are moving forward as developers straddle the line between a current natural gas supply shortage and the region’s forecasted pivot to alternative fuels in the next decade. Hanseatic Energy Hub (HEH) GmbH disclosed it expects to reach a final investment decision “in the coming weeks” on Germany’s first…

Demand is surging for natural gas pipeline and storage capacity in North America, and as a purveyor of both, that’s good news for Kinder Morgan Inc. (KMI), CEO Kim Dang said Thursday. Dang, a KMI veteran who took over the top job this year, said there are “a lot of fantastic tailwinds” for the company…

High inventories, a bearish demand outlook and forecasts of a mild winter have failed to limit European LNG imports.  Although Kpler data shows the continent’s total liquefied natural gas intake year-to-date has fallen to 113.68 million tons (Mt) from 114.95 Mt, LNG is still expected to make up around 43% of the European Union’s total…

Mexico’s pipeline imports of U.S. natural gas should continue rising over the coming years even in the most conservative demand scenarios, experts agreed at the US-Mexico Natural Gas Forum. The power sector is driving demand growth currently, a trend that is likely to continue in the immediate term as state power company Comisión Federal de…

Algeria is keeping its promise to supply Europe with additional natural gas as the continent continues replacing Russian imports.  Algeria LNG exports reached record highs during the first nine months of this year, increasing 35% year-over-year to 9.94 million tons (Mt), according to Kpler data.  Algeria liquefied natural gas exports are being supported by a…

FERC has approved a suite of natural gas projects, including the second phase of the Port Arthur LNG project, following a key meeting on Thursday when it addressed the items that were struck from its agenda in July following an impasse among commissioners.  Sempra Infrastructure called the order authorizing Port Arthur’s second phase “a major…

Despite a slower than expected economic recovery from the Covid-19 pandemic, China gradually regained its position as the world’s largest LNG importer in July, raising the potential for a winter supply squeeze. China’s liquefied natural gas imports from the beginning of the year through July totaled 42.2 million tons (Mt), placing it around 2 Mt…

Argentina’s natural gas pipeline offering additional takeaway capacity from the Vaca Muerta shale formation went into service earlier this month. The Gasoducto Presidente Néstor Kirchner pipeline was built in 10 months, “record time,” the Energy Secretariat said. Capacity on the pipeline is 25 million cubic meters/day (MMcm). The line stretches from the town of Tratayén…