natural gas exports

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…

Weekly natural gas cash prices lost ground amid increasingly benign temperatures and weak cooling demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the Sept. 18-22 period shed 23.0 cents to $2.180/MMBtu. Conditions during the week shifted in bears’ favor, with comfortable temperatures across much of the North and forecasts…

Bulls took the upper hand on Monday and Tuesday in the North American natural gas market, but stronger supply and mild temperatures gave bears the advantage on Wednesday and Thursday. On Thursday, the October New York Mercantile Exchange gas futures contract fell 12.3 cents day/day and settled at $2.610/MMBtu. November shed 8.1 cents to $2.840.…

Feed gas nominations to Freeport LNG ticked up and a vessel appeared to be loading early Thursday, according to Kpler vessel-tracking data, after days of significantly reduced flows to the facility. Nominated feed gas on the Gulf South Pipeline system, the export facility’s primary supply route, was 599 MMcf/d on Wednesday, according to NGI analysis…