natural gas exports

February Natural Gas Ends Up in First Day as Lead on Cold Weather, Bullish Storage

February Natural Gas Ends Up in First Day as Lead on Cold Weather, Bullish Storage

February Nymex natural gas futures closed the first day as the front-month contract up 12.0 cents, adding to early gains after the U.S. Energy Information Administration (EIA) reported a storage withdrawal that surprised the market to the upside. At A Glance: February contract ends 12 cents higher EIA reports 87-Bcf bullish draw Cash sinks with…

December 28, 2023
Weak Weather, Plump Storage Clear Path for Sub-$2 Natural Gas Prices Despite Latest Bounce

Weak Weather, Plump Storage Clear Path for Sub-$2 Natural Gas Prices Despite Latest Bounce

Robust natural gas production, plump supplies in storage and benign winter weather so far could send Henry Hub futures below $2.00/MMBtu, putting prices late this year in the realm of the pandemic-induced slump of 2020. “The narrative keeps getting worse for gas bulls,” analysts at The Schork Report said, noting forecasts that call for seasonally…

December 15, 2023
Cedar LNG FID Slips to Early 2024 as Pembina Prepares for Western Canada’s ‘Transformational Period’

Cedar LNG FID Slips to Early 2024 as Pembina Prepares for Western Canada’s ‘Transformational Period’

Pembina Pipeline Corp. disclosed that a possible final investment decision (FID) for its Cedar LNG project on the British Columbia (BC) coast could slip to early next year as the project partners hammer out final details for its construction and tolling agreements. In its recently released 2024 guidance, the company said it expects to make…

December 14, 2023
Mexico Pacific LNG Project Could Have Positive Impacts on Overall Natural Gas Market — Column

Mexico Pacific LNG Project Could Have Positive Impacts on Overall 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. In the last decade, monumental infrastructure projects in Mexico have changed the landscape of the natural gas industry. The Ramones system bringing…

December 8, 2023
Cautious Optimism in Mexico’s Natural Gas Market as Imports Continue to Rise – Listen Now to NGI’s Hub & Flow

Cautious Optimism in Mexico’s Natural Gas Market as Imports Continue to Rise – Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow. NGI editors Christopher Lenton and Andrew Baker discuss their takeaways from the recent U.S.-Mexico Natural Gas Forum in San Antonio, TX. Mexico’s demand for U.S. natural gas continues to climb, driven primarily by the power sector. LNG export terminals and the expected…

December 5, 2023
Port Arthur LNG Air Permit Remanded to Texas Regulators in Victory for Environmental Group

Port Arthur LNG Air Permit Remanded to Texas Regulators in Victory for Environmental Group

Gulf Coast LNG projects, including some already under construction, are facing a rash of new regulatory challenges and political pressure as environmental groups double down on calls for more climate considerations in permitting. In the latest victory for opponents to liquefied natural gas exports, the U.S. Court of Appeals for the Fifth Circuit vacated Tuesday…

November 16, 2023
Nearly Two Dozen LNG Projects Still Facing Uncertainty Over DOE Export Policy

Nearly Two Dozen LNG Projects Still Facing Uncertainty Over DOE Export Policy

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…

October 12, 2023
Golden Pass LNG Exec Says Infrastructure, Supply Partnerships Critical as Start Date Nears

Golden Pass LNG Exec Says Infrastructure, Supply Partnerships Critical as Start Date Nears

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.…

October 12, 2023
U.S. Natural Gas Suppliers Projecting Sharp Increase in Winter Exports to Mexico

U.S. Natural Gas Suppliers Projecting Sharp Increase in Winter Exports to Mexico

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…

October 9, 2023
Weekly Natural Gas Spot Prices, Futures Rally on Production Declines, Northern Chills

Weekly Natural Gas Spot Prices, Futures Rally on Production Declines, Northern Chills

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…

October 6, 2023