Sabine Pass LNG

Federal regulators have given Cheniere Energy Inc. approval to return a liquefied natural gas storage tank to service that’s been closed for over four years at its Sabine Pass export terminal in Louisiana.  Last week, the Federal Energy Regulatory Commission and Pipeline and Hazardous Materials Safety Administration (PHMSA) approved Cheniere’s request to place the 3.4…

Cheniere Energy Inc. continues to deliver increasing volumes of LNG and said Thursday its production hit a record last week, but the company reported a steep third quarter loss related to the purchase of feed gas at prices linked to international benchmarks. CEO Jack Fusco said liquefied natural gas output at the company’s terminals in…

With a cold start to January still a possibility, and with analysts observing fresh highs in export demand, natural gas futures traders shrugged off warmer trends from models over the weekend to send prices higher early Monday. The January Nymex contract was up 13.8 cents to $3.828/MMBtu at around 8:45 a.m. ET. Milder trends for…

A roundup of news and commentary from NGI’s LNG Insight  Cheniere Energy Inc. has loaded its first cargo from the 5 million metric tons/year (mmty) Train 6 expansion at the Sabine Pass terminal in Louisiana. Feed gas was introduced in September. The company expects commissioning to be completed in 1Q2022.  Qatar Energy (QE) said Wednesday…

A roundup of news and commentary from NGI’s LNG Insight  Venture Global Inc. has requested authorization from FERC to commission its first block of smaller, modular liquefaction trains at the Calcasieu Pass LNG terminal in Louisiana. The company requested that commissioning be allowed to begin by Friday (Oct. 29).  FERC has granted Cheniere Energy Inc.…

Cheniere Energy Inc. has received permission from federal regulators to introduce feed gas to the sixth train at its Sabine Pass liquefied natural gas (LNG) terminal in Louisiana, raising the likelihood that U.S. exports will increase further by year’s end.  The Federal Energy Regulatory Commission granted Cheniere’s Sept. 15 request to introduce feed gas for…

Though still early for a full assessment of former Hurricane Ida, natural gas futures traders on Monday focused squarely on the destruction of natural gas demand brought about by the catastrophic Category 4 storm. The October Nymex gas futures contract, on its first day in the prompt position, settled at $4.305, off 8.3 cents from…

Big fluctuations continued along the Nymex natural gas futures curve early Monday as traders wrestled with hotter shifts in the latest weather models and a step up in production. The September contract, which rolls off the board later this week, settled at $3.945, up 9.4 cents on the day. October also picked up 9.4 cents…

Cheniere Energy Inc. reported record liquefied natural gas (LNG) exports from its terminals in Louisiana and Texas during the second quarter, when demand surpassed expectations as the global market tightened further.  The largest U.S. gas exporter loaded 139 cargoes, or 496 TBtu of LNG, in the second quarter. Results shattered a previous record of 133…