natural gas exports

Natural gas futures on Thursday snapped a four-day losing streak, pushed higher by hints of colder weather, solid demand for U.S. exports and gains in European prices. The December Nymex contract settled at $5.149/MMBtu, up 26.9 cents day/day. January jumped 27.1 cents to $5.245. At A Glance: Futures advance for first time this week Demand…

Despite a benign government inventory report, natural gas futures fell a fourth consecutive session on Wednesday as traders contemplated unfavorable mid-range weather outlooks and the potential for a pullback in demand for U.S. exports. At A Glance: U.S. forecasts show weak start to winter Russia ups gas supply to Europe EIA prints 7 Bcf injection…

Natural gas buyers in Mexico are nervous about supply and price shocks similar to Winter Storm Uri happening again this winter, experts said Monday at the U.S.-Mexico LDC Forum in San Antonio, TX. Amid a historically tight global gas market, Mexico is more dependent than ever on pipeline imports from the United States, said NGI’s…

San Diego-based Sempra Infrastructure said it could sanction a second liquefied natural gas (LNG) export terminal on Mexico’s Pacific Coast ahead of another planned U.S. export project. In discussing third quarter 2021 results, Sempra Infrastructure CEO Justin Bird said the Vista Pacifico LNG export facility would be similar in size to Phase 1 of the…

A steep sell-off early in the Oct. 28-Nov. 3 period because of generally unsupportive weather sent natural gas forward prices tumbling by double digits. December forward prices plunged an average 17.0 cents, while the balance of winter (December-March) slid 16.0 cents, according to NGI’s Forward Look. Summer (April-October) prices also softened, but losses were smaller…

The Panama Canal Authority said a record amount of tonnage passed through the waterway during fiscal year (FY) 2021, a milestone driven in large part by liquefied natural gas (LNG) cargoes, which saw the largest increase. “LNG is not only growing the fastest, but it has had its best year in terms of tonnage through…

Increased prices persisted as a fixture for international natural gas sales through the first half of this year, according to the latest trade scorecard by the U.S. Department of Energy (DOE). U.S. exports to Mexico led the gains with a 230% jump in prices to average $6.11/MMBtu for the first half of 2021 (1H2021), up…

Natural gas futures on Tuesday gained ground for the first time in four sessions as overseas supply shortages converged with forecasts for colder weather and stronger domestic demand by mid-November. The December Nymex contract gained 35.6 cents day/day and settled at $5.542/MMBtu. January rose 33.5 cents to $5.640.   At A Glance: Concerns persist overseas Weather…

Natural gas futures fell again Monday as forecasts for more mild fall weather and light demand eclipsed robust liquefied natural gas (LNG) levels. The December Nymex contract settled at $5.186/MMBtu, down 24.0 cents day/day. January fell 22.4 cents to $5.305. At A Glance: Futures extend losing streak Forecasts call for a mild November Cash prices…