Ldc Forum

North American utility customers are less likely to pay into carbon offset programs using renewable natural gas (RNG) or differentiated gas when prices are high, according to several industry executives.  Many U.S. natural gas utilities have programs that allow customers to choose whether to pay an added fee for carbon offsets, including for RNG and…

Decarbonizing natural gas consumption is considerably more complex than doing so for electricity, but U.S. gas suppliers are up for the challenge, industry players said this week. The ultimate goal to neutralize the climate-warming impact of natural gas is large-scale deployment of low-carbon hydrogen, along with carbon capture, utilization and storage (CCUS), said BP plc’s…

Local natural gas distribution companies are showing signs of becoming more collaborative in developing greenfield infrastructure projects, a representative of storage tank specialist Cashman Preload Cryogenics (CPC) said at the LDC Gas Forum Southeast in Savannah, GA last month. Traditionally, a local distribution company (LDC) would own, operate, and invest in greenfield projects, CPC’s Jeff…

Slower-than-usual rig count growth, fewer uncompleted wells and a shrinking coal generation fleet are contributing to an atypical natural gas market recovery, according to analysts with ConocoPhillips. At the LDC Gas Forum Southeast in Savannah, GA, on Monday, ConocoPhillips’ Matt Henderson, a senior market analyst, said the industry had entered “a bit of a new…

Soaring natural gas prices in Europe and Asia and a tight global natural gas market could get planned North American liquefied natural gas (LNG) projects across the finish line. A trio of experts spoke Tuesday on dynamics in the LNG market at the LDC Natural Gas Forum in New Orleans. NGI’s LNG Insight Senior Editor…

U.S. natural gas demand and prices are “off to the races,” driven by a convergence of supply and demand-related factors as the world emerges from Covid-19, IHS Markit’s Jack Weixel, senior director, said Monday. Liquefied natural gas (LNG) exports to the global market, pipeline exports to Mexico, and capital discipline by upstream producers all have…

New buyers are emerging for the renewable natural gas (RNG) market, which has historically been driven by the transportation sector, industry experts said Monday. Sustainability and voluntary customers, which are companies and institutions looking to clean up their carbon profiles, have become a key emerging trend, Innova Energy Services CFO David Tucker said at the…

The global liquefied natural gas (LNG) supply glut, exposure to European pipeline gas price risk and Asian gas price controls make it difficult for U.S. export project developers to sign long-term deals indexed to Henry Hub prices, according to an industry executive. Potential customers are “looking at a current price scenario of $4.00-5.00/MMBtu and we’re…

The U.S. unconventional oil and gas revolution has helped to lower realized natural gas prices, reduce concerns about domestic energy security and more recently, price volatility, particularly at the Henry Hub, according to energy experts.