LNG

Futures finished the trading week on a high note, despite concerns about lofty storage levels and moderating demand when fall weather arrives While slow in the wake of Hurricane Laura, markets anticipated a stronger recovery for U.S. liquefied natural gas exports Cash prices continued to cruise in California as scorching heat blanketed the state After…

After rallying late last week on the prospect of recovering liquefied natural gas (LNG) demand, October gas futures lost ground in early trading Tuesday even as estimates showed the anticipated recovery in export activity coming to fruition. The October Nymex contract was down 3.9 cents to $2.549/MMBtu at around 8:45 a.m. ET. Total U.S. LNG…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which NGI’s Mexico GPI senior editor Christopher Lenton talks to FTI energy consultant and El Economista columnist Pablo Zarate about the Mexico natural gas market. Lenton and Zarate discuss the status of liquefied natural gas projects, the state of energy…

BREAKING: U.S. EIA on Thursday reported an injection of 35 Bcf into storage for the week ending August 28 Futures see-sawed between gains and losses as Laura’s destruction weighed on markets Spot prices advanced as heat continued to permeate swaths of the Lower 48 Natural gas futures waffled between gains and losses on Wednesday as…

Covid-19 continued to substantially impact domestic production in June, although consumption reached a record high, driven largely by increased gas use in the power sector, the EIA report said. Dry gas production saw its second consecutive y/y decline, with preliminary data showing output of 88.3 Bcf/d, down 3.1% from June 2019. However, the average daily…

LNG jitters sending natural gas futures tumbling Power restoration efforts in Louisiana could take weeks; unclear if LNG terminals have power Cash posts moderate gains as heat returns to the East Coast After another day of low liquefied natural gas (LNG) demand, natural gas futures buckled in a big way as the continuation of weak…

After another day of low liquefied natural gas (LNG) demand, natural gas futures buckled in a big way Tuesday as the continuation of weak exports and cool September outlook pressured the market. The October Nymex gas futures contract dropped 10.3 cents to settle at $2.527. November fell a much more modest 1.9 cents to $2.901.…

The Covid-19 pandemic dealt a substantial blow to Mexico’s natural gas demand between April and July, according to the U.S. Energy Information Administration (EIA). Gas consumption in Mexico averaged 8.2 Bcf/d during the period, down 5% or 0.5 Bcf/d from the same span last year, EIA said last Thursday, citing data from Genscape Inc. The…

Natural gas futures slip as LNG demand still off, power burns soften LNG recovery unclear but Sabine Pass, Cameron report no “significant” damage following Hurricane Laura Waha cash up as El Paso concludes nearly five-month maintenance event What initially appeared to be a substantial retracement for natural gas futures ultimately turned out to be a…