natural gas exports

Freeport LNG on Thursday was poised to take feed gas to levels not seen since before an explosion and fire knocked the plant offline last June, according to data tracked by NGI.  Feed gas nominations made during Wednesday’s evening cycle for the March 30 gas day showed that Freeport LNG Development LP had scheduled 1.9…

U.S. natural gas exporters are increasingly eyeing the global market, according to new data published by the Federal Energy Regulatory Commission, or FERC. U.S. LNG exports rose by 8.6% year/year to average 10.6 Bcf/d in 2022, with demand growth driven by European markets seeking a substitute for Russian supply, FERC said in its 2022 State…

Though late-season cold was boosting heating demand across most of the Lower 48, natural gas forward prices continued to decline during the March 9-15 period, according to NGI’s Forward Look. In a sign that the chilly weather arrived too little too late, fixed price decreases averaged 11.0 cents for the April contract, Forward Look data…

Natural gas futures found their footing on Thursday, ending a two-day losing streak, as traders looked past a bearish storage print and focused on late-winter heating demand, as well as the ongoing revival of a key export facility. The April Nymex gas futures contract gained 7.5 cents day/day and settled at $2.514/MMBtu. May advanced 8.0…

U.S. LNG exports rose by 8.6% year/year to average 10.6 Bcf/d in 2022, with demand growth driven by European markets seeking a substitute for Russian supply, according to FERC. Coincidentally, the figure for net exports of natural gas overall – including liquefied natural gas and pipeline exports – also was 10.6 Bcf/d, up slightly from…

As U.S. LNG producers continue to progress a bevy of Gulf Coast export projects to meet global demand for natural gas volumes, Bechtel Energy President Paul Marsden said the engineering firm is focusing on innovative solutions for the region’s ballooning labor issues during the next wave of infrastructure build-out. Over the past few decades, Virginia-based…

NextDecade Corp. said in a regulatory filing on Thursday that it has amended its agreements with Bechtel Energy Inc. to lock in the prices of its engineering, procurement and construction (EPC) contracts until June 15 for the proposed Rio Grande LNG export terminal in South Texas. The company extended the agreement after missing a deadline…

Williams has found an enthusiastic cheerleader to help guide natural gas opportunities into the future with Chad Zamarin. The recently promoted executive vice president oversees Corporate Strategic Development for the natural gas pipeline behemoth. Zamarin sat down with NGI at CERAWeek by S&P Global to discuss what’s ahead at Williams. He also chairs the Interstate…

On Thursday, U.S. natural gas futures fell for the first time in seven sessions. The April New York Mercantile Exchange gas futures contract slipped 4.6 cents day/day and settled at $2.765/MMBtu. May fell 4.4 cents to $2.899. The previous rally has proved minor and the overall plunge in U.S. prices remains dramatic. Last August, Henry…