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Long-Term

Articles from Long-Term

Era of Long-term LNG Contracts in India Over, Says Gail Exec

LNG

Era of Long-term LNG Contracts in India Over, Says Gail Exec

India’s liquefied natural gas (LNG) buyers have grown frustrated with the long-term offtake contract model and are pressing U.S. sellers for more flexible terms, a Gail India Ltd. executive said Wednesday. Since prices cratered last year amid weak demand driven by the pandemic, customers have grown used to paying lower prices for delivered gas, said…

March 5, 2021
Short-Term LNG Export Authorizations Dropped in Federal Deregulatory Blitz

LNG

Short-Term LNG Export Authorizations Dropped in Federal Deregulatory Blitz

The U.S. Department of Energy (DOE) will no longer issue separate authorizations for short-term liquefied natural gas (LNG) exports, which now are to be covered by long-term licenses, according to a policy change that took effect on Tuesday.  The move comes only days before President-elect Biden is to be sworn in and come as part…

January 12, 2021
Asia Utilities Renegotiating Long-Term LNG Contracts for Flexibility

Markets

Asia Utilities Renegotiating Long-Term LNG Contracts for Flexibility

Tokyo Gas, Japan’s largest natural gas utility, is joining like-minded gas importers and plans to renegotiate long-term liquefied natural gas (LNG) contracts to remove restrictive destination clauses and increase flexibility.

October 1, 2019

LNG

Too Much ‘Drama’ in U.S. LNG ‘Frenzy,’ Says PetroChina Exec

As China works to reduce its reliance on coal and looks to a cleaner energy future, the role that U.S. liquefied natural gas (LNG) could play in the market is huge. But for now, the U.S. LNG industry is in disarray and offers as much risk as opportunity, according to a U.S.-based PetroChina executive.

June 6, 2014
Virginia Law Encourages Utilities to Embrace Shales

Utica Shale

Virginia Law Encourages Utilities to Embrace Shales

Virginia's governor has signed into law legislation (SB 519) intended to incentivize the development of natural gas infrastructure so that residents and businesses can better take advantage of low-cost shale and coalbed methane gas supplies.

April 4, 2014
New Virginia Law Supports Shale Gas-Focused Infrastructure

Regulatory

New Virginia Law Supports Shale Gas-Focused Infrastructure

Virginia's governor has signed into law legislation (SB 519) intended to incentivize the development of natural gas infrastructure so that residents and businesses can better take advantage of low-cost shale and coalbed methane gas supplies.

April 3, 2014