natural gas exports

Natural gas futures rallied on Friday for the fourth time in the latest week’s five sessions, bolstered by subzero temperatures, production curtailments and a vigorous cash market. The February Nymex gas futures contract jumped 21.6 cents day/day and settled at $3.313/MMBtu.   At A Glance: Fierce winter freeze spreads Production substantially lower Significant storage pulls loom…

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…

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…

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…

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…

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…

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…

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.…