natural gas exports

Natural gas futures found fresh footing on Friday, fueled by strong near-term weather demand, and the September contract posted a solid gain to kick off its run as the prompt month. At A Glance: Mixed weather readings Production holds steady Strong storage supplies September Nymex gas futures settled at $2.638/MMBtu, up 4.3 cents day/day. October…

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. For Mexico, each summer is a test of its gas and electricity networks. Every year, the continuity of natural gas supply not…

Natural gas futures floundered on Wednesday, continuing a topsy-turvy trading trend as market participants weighed continued strong supplies against robust – but varying – cooling demand and forecasts for more of the same. At A Glance: BREAKING: U.S. EIA reports 16 Bcf injection Lofty forecasts ease some Production robust Following a 4.5-cent gain for the…

Natural gas forward prices remained largely range bound in mid-July, but blazing heat out West led to huge, double-digit gains in the region for the rest of summer. Still, with a persistently large storage surplus and lackluster cooling demand across most of the rest of the country, August fixed prices averaged a moderate 11.0 cents…

Lower natural gas prices have reduced drilling activity in the Lower 48, but expect that to change by next year as LNG export projects advance and more supply heads south of the border, Liberty Energy Inc. CEO Chris Wright said Thursday. Denver-based Liberty, one of the top hydraulic fracturing (fracking) operators in North America,  second…

NextDecade Corp.’s recent decision to move ahead with the Rio Grande LNG project in South Texas came with a staggering $18.4 billion price tag that could ultimately rise further as five export projects are now underway along the Gulf Coast.  The company crossed the finish line by completing what it said was the “largest greenfield…

Energy Transfer LP (ET) late Wednesday said it secured three heads of agreements (HOA) to supply 3.6 million metric tons/year (mmty) of LNG from its proposed Lake Charles export project in Louisiana. If the tentative deals are finalized, it would mark a significant step toward securing the customers needed to advance amid broader regulatory challenges…

NextDecade Corp. late Wednesday reached a final investment decision (FID) and is beginning construction of the first phase for the Rio Grande LNG (RGLNG) facility in deep South Texas near the Mexico border. The Houston-based company secured $18.4 billion for the 17.6 million metric ton/year (mmty) first phase, making it the largest greenfield energy project…

Venture Global LNG Inc. could be facing more legal proceedings from contract holders as the prolonged commissioning process of its Calcasieu Pass LNG facility continues to drag on. Shell plc and BP plc reportedly have filed for arbitration with Venture Global at the London Court of International Arbitration (LCIA) for failing to supply the firms…