LNG exports

Repsol SA continues to push U.S. regulators for access to confidential documents filed by Venture Global LNG Inc. detailing the prolonged commissioning process at the Calcasieu Pass export terminal that has delayed commercial operations and the delivery of cargoes under long-term contracts. In April, Madrid-based Repsol filed a motion to participate in FERC’s ongoing oversight…

As Commonwealth LNG LLC awaits its last regulatory approval from the U.S. Department of Energy (DOE), management said it has also entered the final stages of commercializing the more than 9 million metric tons/year (mmty) project ahead of a final investment decision (FID) later this year. Executive Chairman Paul Varello told NGI the company is…

Equinor ASA has halted LNG production at its Hammerfest export terminal in Norway to repair a leak only days after work was completed to resolve a separate issue that kept the plant offline for most of May. Emergency responders were dispatched to the 4.3 million metric tons/year facility early Friday, when a gas leak was…

FERC staff said approval of a planned expansion of the Tres Palacios natural gas storage facility in Matagorda County, TX, would not significantly affect the quality of the human environment, with appropriate mitigating measures. In the Environmental Assessment (EA) issued earlier this month, Federal Energy Regulatory Commission staff assessed the potential environmental effects of the…

After suffering one of the worst April heatwaves on record with temperatures that soared above 100 degrees F, some Asian nations are preparing for an unusually hot summer that could require more LNG to cover power demand, particularly if El Niño develops as expected. India, Bangladesh,Thailand, and Vietnam issued tenders for liquified natural gas cargoes…

Depending on politics and investments, Sub-Saharan Africa (SSA) natural gas producers have a chance to become globally competitive LNG exporters within the next decade. As Europe seeks to replace gas supplies previously supplied by Russia, the continent has turned to SSA for additional volumes. Many liquefied natural gas projects in the region, though, are unlikely…

Russia’s war in Ukraine has helped propel the next wave of U.S. LNG projects, putting the country on track to export 22.3 Bcf/d of the super-chilled fuel this decade. Since last year, the Corpus Christ Stage 3 expansion, Plaquemines and Port Arthur liquefied natural gas projects have all been sanctioned. Along with Golden Pass LNG,…

Enbridge Inc. is advancing multiple expansion projects on its vast North American natural gas network ahead of expected growth in LNG and pipeline exports from the continent. During a call to discuss first quarter earnings, CEO Greg Ebel highlighted the recently announced acquisition of a 93.8% controlling interest in the Aitken Creek natural gas storage…

Despite a steep drop in natural gas prices since the beginning of the year, Chesapeake Energy Corp. has no plans for now to cut activity further in 2023 as management sees an opportunity to be better positioned for a rebound in 2024.  “We believe our financial flexibility is a competitive strength, and we intend to…