Sabine Pass LNG

Natural Gas Futures Pare Losses Early as Traders Look Ahead to EIA Data

Natural Gas Futures Pare Losses Early as Traders Look Ahead to EIA Data

As traders awaited the latest government inventory data to help gauge the supply/demand balance, a small increase in weather-driven demand expectations helped natural gas futures cut into the previous session’s losses in early trading Friday.  After dipping 5.5 cents Thursday, the December Nymex contract was up 4.5 cents to $3.021/MMBtu at around 8:45 a.m. ET…

November 13, 2020

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight Vessels with up to a 36-foot draft now allowed to transit Calcasieu Ship Channel (CSC) during day, allowing ballast LNG vessels to transit waterway. Fully loaded LNG vessels, with drafts of about 40 feet, unlikely to meet restrictions, but possibility remains for partially loaded ships…

October 20, 2020
Prospect of Rising Sabine Pass Volumes Boosts Natural Gas Futures Early

Prospect of Rising Sabine Pass Volumes Boosts Natural Gas Futures Early

After a steep sell-off in the previous session, natural gas futures recovered a large chunk of their recent losses in early trading Thursday on the prospect of further increases in export demand. The November Nymex contract was up 12.9 cents to $2.765/MMBtu at around 8:40 a.m. ET. Analysts at EBW Analytics Group attributed the gains…

October 15, 2020

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight Cameron LNG began controlled shutdown Thursday as Hurricane Delta headed for the Louisiana coast with landfall expected Friday. Hackberry, LA, plant started ramping back up Sept. 27 after damage caused by Hurricane Laura. A “ride-out” team will remain on site during Delta. Feed gas to…

October 8, 2020

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight Tropical Storm Delta has strengthened into a Category 4 hurricane and is charging toward the Gulf Coast. While it’s expected to weaken, the storm is forecast to make landfall just east of the Hackberry, LA-located Cameron LNG plant later this week, threatening additional disruptions. “A…

October 6, 2020
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