natural gas exports

Proposed U.S. and Mexican LNG facilities continue to face regulatory uncertainty roughly six months after federal regulators reaffirmed their expectations that projects should start exporting the super-chilled fuel within seven years of receiving export authorization from the U.S. Department of Energy (DOE). Over 40 liquefied natural gas projects are advancing across North America, with the…

Golden Pass LNG is building relationships with domestic natural gas buyers and sellers as it inches closer to the possible start-up of a first train by the end of next year, according to management. The 18 million metric ton/year (mmty) liquefied natural gas export facility has been under construction southeast of Houston since early 2019.…

The Natural Gas Supply Association (NGSA) is forecasting a substantial year/year jump in pipeline natural gas exports from the United States to Mexico this winter, driven by new infrastructure and rising demand from multiple segments.  The group, which represents U.S. integrated and independent producers and marketers of natural gas, said in its 2023 Winter Outlook…

Weekly natural gas cash prices powered upward, supporting the futures market in the process, amid bouts of chilly air and production interruptions in the prolific Permian Basin. NGI’s Weekly Spot Gas National Avg. for the Oct. 2-6 period jumped 25.5 cents to $2.405/MMBtu. At the close of the cash market trading week, big gainers included…

The bull parade barreling through the natural gas futures market extended to a fourth consecutive session on Friday, fueled by lighter production and amplified by warnings of a worker walkout at key LNG export facilities. At A Glance: Front month gains 17.2 cents Output hangs near 100 Bcf/d Northern weather is bullish Building on a…

The sense of urgency that pervaded the global natural gas market at this time last year has eased as storage inventories in Europe and Asia are well stocked, and the supply outlook is said to have improved considerably heading into winter.  In Europe, which continues to drive the market as it replaces Russian gas supplies…

Trafigura Group Pte. Ltd. has secured a $400 million credit line insured by the U.S. Export-Import Bank to move more LNG to Europe. The global commodities trader said the two revolving credit facilities would be “used exclusively” to deliver U.S. liquefied natural gas to “customers primarily in Europe.” U.S. exporters have provided about 40% of…

Saudi Arabian Oil Co. (Aramco) has made its first investment in the LNG sector, taking a minority stake in MidOcean Energy for $500 million as it looks to become a leading global player in the natural gas export market.  MidOcean, formed by institutional energy investor EIG in 2022 to build a global liquefied natural gas…

The Natural Allies For A Clean Energy Future organization is touting its growth as former political leaders join major U.S. producers and operators to advance using natural gas alongside renewable power to reduce carbon emissions.  “Natural gas partnered with renewable energy can accelerate our path to a clean energy future – ensuring affordability and reliability…