Columbia Gulf Transmission LLC is seeking additional time to construct the last planned compressor station that would expand natural gas throughput to Cheniere Energy Inc.’s Sabine Pass LNG terminal on the Gulf Coast. In a letter to FERC last week, TC Energy affiliate Columbia Gulf said it needs until Dec. 31 to construct and make…
Russia
Articles from Russia
Gazprom Again Cuts NS1 Natural Gas Flows to Europe – LNG Recap
Russia’s Gazprom PJSC said Monday that it would again reduce flows on the Nord Stream 1 (NS1) pipeline to take another turbine out of service for repairs, further cutting deliveries to Europe where prices soared on the decision. The company said deliveries on the 745-mile, 6 Bcf/d link between Russia and Germany would be cut…
Norwegian Production Outage Again Sends European Natural Gas Prices Higher
European natural gas prices seesawed again Tuesday, jumping on news that leaks at a Norwegian gas field would cut more than 2 Bcf/d of supplies for the continent until they’re fixed. The issues are expected to be resolved quickly, but European gas markets are on edge after Russia’s Nord Stream 1 pipeline was taken offline…
Supply Constraints Create Step Change Up for European Gas, Asian LNG
Russian pipe gas flows to Europe fell again and will likely remain heavily curtailed over the coming weeks. This was a key driver behind price rises at the ICIS TTF which in turn lifted the ICIS East Asia Index (EAX) back to prices last seen in March.
Europe and Asia LNG Prices Surge on Freeport Outage, Nord Stream 1’s Reduced Flows
News that the outage at Freeport LNG in the US will last longer than initially expected drove up the ICIS European TTF gas benchmark due to lower expected US exports. The ICIS East Asia Index (EAX) also climbed, underscoring its close ties to Europe’s prices.
High Energy Prices Said Sustaining Russia’s Invasion of Ukraine
As European natural gas prices rise yet again, data suggest Russia’s gains from global energy market volatility are blunting the impact of sanctions on its exports. In a study from the Centre for Research on Energy and Clean Air (CREA), an international research group based in Finland, researchers concluded record-high energy prices are helping Russia…
Global Natural Gas Prices Soar on Freeport LNG, Russian Outages
European and Asian natural gas prices continued soaring higher Wednesday with the market on edge about two key supply outages in Russia and the United States. Word on Tuesday that the liquefied natural gas (LNG) terminal on Quintana Island, TX, Freeport LNG, won’t enter full service until later this year after an explosion, as well…
Nord Stream 1 to Cut Flows on Maintenance Delays Caused by Sanctions – The Offtake
Gazprom PJSC said Tuesday that it can only ship 100 million cubic meters/day (MMcm) on the Nord Stream 1 pipeline, or 40% less than the system’s capacity.
More Natural Gas Shutoffs Looming from Russia’s Gazprom Over Rubles Payments
Russia’s state-controlled Gazprom PJSC has threatened a cut-off of natural gas supplies to Denmark and the Netherlands, and a partial reduction for Germany, as it continues to demand contract payments in rubles. On Monday, Denmark’s Ørsted AS and GasTerra BV in the Netherlands both reported they were notified by state-controlled Gazprom that it would halt…
Novatek’s LNG Export Projects Hit by Global Sanctions Against Russia
Russia’s largest independent gas producer, PAO Novatek, is struggling with its two liquefied natural gas (LNG) projects in the country’s Far North under the latest European sanctions imposed against Russia. Novatek’s first operating export facility, Yamal LNG, is finding it difficult to secure European buyers. And the delay in the construction of its second project,…