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Natural Gas Fundamentals ‘Better Than Ever’ as Decarbonization Driving Demand Growth, Says Williams CEO

Natural Gas Fundamentals ‘Better Than Ever’ as Decarbonization Driving Demand Growth, Says Williams CEO

Efforts to electrify and decarbonize the U.S. economy bode well for the natural gas infrastructure business, according to Williams Companies Inc. CEO Alan Armstrong. “The fundamentals, right now, are better than they have ever been for gas,” Armstrong said during the Barclays CEO Energy-Power Conference in New York.  He cited that since 2014, government forecasts…

September 11, 2023
Mexico LNG Exports Poised for Takeoff, Changing Dynamics of Domestic Natural Gas Market — Column

Mexico LNG Exports Poised for Takeoff, Changing Dynamics of Domestic Natural Gas Market — Column

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. As New Fortress Energy Inc. (NFE) prepares to start operations on its floating liquefied natural gas (FLNG) unit offshore Tamaulipas, Mexico is…

September 8, 2023
Labor Strikes Underway at Australian LNG Facilities After Mediated Talks End

Labor Strikes Underway at Australian LNG Facilities After Mediated Talks End

Labor unions went on strike Friday at Chevron Corp.’s Gorgon and Wheatstone LNG export terminals in Western Australia, and no further negotiations over pay and working conditions are planned, the company said.  Periodic work stoppages started at 1 p.m. Perth time Friday and will now occur in blocks over the course of several hours each…

September 8, 2023
Fifth Circuit Sides with Tellurian, Denies Driftwood LNG Permit Challenge

Fifth Circuit Sides with Tellurian, Denies Driftwood LNG Permit Challenge

Tellurian Inc. has one less permit challenge to its Driftwood LNG project after the U.S. Court of Appeals for the Fifth Circuit on Wednesday denied a petition by environmental groups. Healthy Gulf and Sierra Club had filed last year a petition for the court to review and possibly vacate a permit issued by the Army…

September 8, 2023
Oneok Says Saguaro Connector Pipeline Dependent on Mexico LNG Project FID

Oneok Says Saguaro Connector Pipeline Dependent on Mexico LNG Project FID

Oneok Inc. is waiting on the sanctioning of a proposed LNG export terminal on Mexico’s Pacific Coast before proceeding with the 2.8 Bcf/d Saguaro Connector pipeline out of the Permian Basin, management indicated Wednesday. CEO Pierce Norton and his team discussed the midstreamer’s North America plans during the Barclays CEO Energy-Power Conference in New York.…

September 6, 2023
CNOOC Secures More Shipping as China’s Natural Gas Players Sell More LNG 

CNOOC Secures More Shipping as China’s Natural Gas Players Sell More LNG 

State-owned China National Offshore Oil Corp. (CNOOC), the country’s largest LNG importer, has entered a joint venture (JV) to build more of the massive vessels that transport the super-chilled fuel around the world.  The company has partnered with China Merchants Energy Shipping Co. Ltd. (CMES) and Japan’s NYK Line to build six liquefied natural gas…

September 1, 2023
Latin American LNG Imports Flat So Far in 2023, with Chile Top Buyer

Latin American LNG Imports Flat So Far in 2023, with Chile Top Buyer

Latin American LNG imports so far this year haven’t changed compared to last year as drops in Brazil imports are being offset by gains elsewhere. From Jan. 1 through to Aug. 29, Latin American imports of liquefied natural gas were 8.42 million tons (Mt), compared to 8.3 Mt in the same period last year, according…

August 29, 2023
Mexico Natural Gas Storage Vital to Nearshoring, Says Énestas Director

Mexico Natural Gas Storage Vital to Nearshoring, Says Énestas Director

“One of the most important goals in Mexico is to reach energy security,” Carlos Alberto Boone de Nova, director of business intelligence and public affairs at Énestas México, told NGI’s Mexico GPI. “To achieve that, we must increase our storage capacity — which currently is estimated at only 2.4 days — as well as expand…

August 18, 2023
ConocoPhillips Joins Other Majors Anchoring Mexico Pacific LNG Project

ConocoPhillips Joins Other Majors Anchoring Mexico Pacific LNG Project

ConocoPhillips agreed last week to buy 2.2 million metric tons/year (mmty) of LNG from Mexico Pacific Ltd.’s (MPL) Saguaro Energia export terminal planned for the country’s west coast, pushing the project closer to a final investment decision (FID). MPL CEO Ivan Van der Walt said ConocoPhillips’s commitment pushed the company’s sales volumes for trains one…

August 7, 2023
Tourmaline Throwing Natural Gas Weight to Advance Ksi Lisims LNG Project on Canada’s West Coast

Tourmaline Throwing Natural Gas Weight to Advance Ksi Lisims LNG Project on Canada’s West Coast

Canada’s largest natural gas producer Tourmaline Oil Corp. has agreed to join Rockies LNG Partners, a group of explorers working to advance a 1.6 Bcf/d export project on the west coast of British Columbia (BC). The Ksi Lisims floating liquefied natural gas facility as proposed would be sited in the territory of the Nisga’a Nation…

August 7, 2023
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