TC Energy Corp. has built the transition from natural gas and oil into its strategy, with a clear eye on how to deliver value even as the global supply mix evolves, CEO François Poirier said Tuesday. TC’s Sustainability Energy Forum offered the executive team a platform to detail the roadmap that the North American midstream…
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Articles from LNG
U.S. LNG Exports to Europe Surged 5% During Beginning of the Year Despite Market Lull
As Europe’s LNG infrastructure continues to expand, U.S. volumes to the continent surged during the first five months of the year before dropping in May. Falling natural gas prices didn’t encourage European buyers to grab cargoes in May, leading to a 7% month/month drop as warm weather settled in. A mild winter, collapsed industrial demand…
Vietnam’s Ambitious Plans to Burn More LNG Face Challenges
Vietnam’s plans to use more natural gas and renewables could prove to be challenging as power projects are already delayed and the country will need billions of dollars from foreign investors to increase domestic production and build LNG infrastructure. Vietnam has long had huge potential for gas-to-power projects, with growing energy demand, industrial activity and…
Natural Gas Futures Rally Early as Models Show Hotter Southern U.S. by Mid-June
With weather models trending hotter over the weekend to strengthen the cooling demand outlook for the second half of June, natural gas futures surged in early trading Monday. The July Nymex contract was up 12.6 cents to $2.298/MMBtu at around 8:40 a.m. ET. Lackluster cooling demand to open the month has left the market impatient…
Natural Gas Bulls ‘Running Out of Room’ as Futures Continue to Slide Early
Continued mild temperatures in the outlook had natural gas futures trading lower to test technical support early Tuesday. The July Nymex contract was down 7.1 cents to $2.346/MMBtu at around 8:45 a.m. ET. The June Nymex contract expired Friday at $2.181, down 12.6 cents on the day. Prices were weighed down by sub-$2 physical prices…
Mexico LNG Buildout Poses Risks for Internal Natural Gas Market, Says Energy Policy Expert
Mexico’s decision to construct LNG plants to export natural gas may risk the country’s energy security and may be more costly than beneficial, a research associate at Columbia University’s Center on Global Energy Policy (CGEP) told NGI’s Mexico GPI. “I think that there is a risk that these projects represent a burden for Mexico’s energy…
TC’s Willow Valley Gains OK to Move Montney Natural Gas to LNG Canada
Supply preparations are accelerating for LNG deliveries overseas from British Columbia (BC) after TC Energy Corp. secured approval for a pipeline connection. With exploration and production support, the Calgary-based midstream giant also has proposed a special export toll for liquefied natural gas. The Canada Energy Regulator (CER) finalized TC’s Willow Valley Interconnect, which would link…
What’s the Scoop on North American LNG Export Projects? – Listen Now to NGI’s Hub and Flow
Click here to listen to the latest episode of NGI’s Hub & Flow podcast. NGI’s Patrick Rau, director of Strategy and Research, offers his insight into what was learned in the first quarter earnings calls regarding LNG projects across North America. Rau takes a deep dive into the progress of liquefied natural gas projects in…
Novatek Playing Key Role in Russia’s LNG Export Ambitions
Despite recent European Union (EU) proposals to ban Russian LNG exports to Europe, the country’s largest independent natural gas producer, PAO Novatek, has become a key player in the export market for Moscow. LNG exports from Novatek’s Yamal LNG in Russia’s Far North reached a record high in April, with 1.89 million tons (Mt) exported…
‘Near-Term Top’ Potentially Reached for June Natural Gas as Prices Inch Higher Early
Natural gas futures were trading modestly higher early Wednesday, bolstered by supportive fundamental factors; however, upside was seen as limited amid sizable storage builds expected in the weeks ahead. The June Nymex contract was up 1.1 cents to $2.387/MMBtu at around 8:45 a.m. ET. Tuesday’s $2.470 intraday high may turn out to be a “short-term…