LNG exports

Delfin Midstream Inc. has signed another agreement to supply LNG from its proposed floating liquefaction project offshore Louisiana, in what management said is another step closer to a positive final investment decision (FID).  The company signed a 15-year sales and purchase agreement (SPA) to supply 0.5-1 million metric tons/year (mmty) of liquefied natural gas to…

Singapore’s plan for a second LNG terminal by the end of the decade is forecast to meet almost all of the country’s power generation, and it could help extend Singapore’s role as a key trading hub for the super-chilled fuel. Although peak utilization was only at 60% this year at Singapore’s Jurong import terminal, concerns…

EnLink Midstream LLC continues to see signs of an increasing need for natural gas, with the Permian Basin poised for significant growth ahead following a record quarter. Dallas-based EnLink reported that average natural gas gathering volumes in the Permian were about 6% higher sequentially and 15% higher than the prior-year quarter. Average natural gas processing…

LNG buyers are signing long-term supply contracts at an unprecedented clip, and those contracts are increasingly being linked to U.S. natural gas benchmarks such as Henry Hub, according to NGI Senior LNG Editor Jamison Cocklin. Last year “was a record year” for the signing of these contracts, Cocklin said during a joint webinar with experts…

Increased development in the natural gas-rich Montney Shale continues to foster northern British Columbia (BC) pipeline projects as production increases, including preparations for LNG exports to begin from the Pacific coast by 2025. After recommending final approval in October of NEBC Connector’s NorthRiver Midstream to transport natural gas liquids, the Canada Energy Regulator (CER) has…

Shell plc took the topsy-turvy turmoil during the third quarter and turned in a solid performance for the world’s top LNG trader, CEO Wael Sawan said Thursday. The company’s chief shared insight about the overall quarterly performance during a conference call in London with CFO Sinead Gorman. Overall gas and oil production volumes declined from…

Natural gas futures faltered early Wednesday, reversing much of the 22-cent jump Tuesday before bouncing and settling lower to start November trade off on wobbly footing. Weather forecasts shaved some demand expectations with the winter’s first decent cold shot across the Lower 48 set to ease by the weekend. At A Glance: Analysts see heavier…

Chesapeake Energy Corp. has turned to another global commodity trader to help expose more of its U.S. natural gas production to international markets, inking a tentative deal with Vitol Inc. to sell up to 1 million metric tons/year (mmty) of LNG. The heads of agreement (HOA) follows one that Chesapeake signed earlier this year with…

The management team of Antero Resources Corp. expects a slew of demand and supply side factors to align in a bullish pattern for U.S. natural gas prices over the next year. CEO Paul Rady outlined his reasoning upon announcing third quarter earnings for the Appalachian Basin pure-play. “On the macro front, we see natural gas…