Supply

Increasing Bangladeshi Demand Could Soak Up Some LNG Glut

Increasing Bangladeshi Demand Could Soak Up Some LNG Glut

Saudi Arabian Oil Co., aka Saudi Aramco, and Riyadh-based ACWA Power signed a memorandum of understanding last week with the Bangladesh Power Development Board to build a 3,600 MW liquefied natural gas (LNG)-fueled power plant and terminal in the south Asian country.

October 22, 2019

HSC Natural Gas Prices to Rise Amid Disconnect Between Surging Supply, Demand

Long-standing trading patterns at major natural gas hubs in Southeast Texas could be reshaped over the next decade as limitations in pipeline capacity closest to the Houston market arise because of increasing Permian Basin volumes.

September 23, 2019

Western Canada Natural Gas Found Able to Compete with TC Toll Cut

A toll cut on TC Energy Corp.’s cross-country Mainline enabled Western Canada natural gas to regain Ontario and Quebec sales last year in competition with Lower 48 supply, according to a Calgary economics agency.

July 23, 2019
New York Rejects Transco’s Northeast Supply Enhancement Project

New York Rejects Transco’s Northeast Supply Enhancement Project

Transcontinental Gas Pipe Line Co. LLC (Transco) said it would move quickly to file yet again for a key permit after New York regulators denied an application for the Northeast Supply Enhancement Project, which is now imperiled by the decision and poised for further delays.

May 16, 2019
Record Natural Gas Demand, Soaring Production to Equal Flat Winter Prices, Says NGSA

Record Natural Gas Demand, Soaring Production to Equal Flat Winter Prices, Says NGSA

Demand for natural gas will reach an all-time high this winter, and is likely to be matched by record domestic production, according to the Natural Gas Supply Association (NGSA).

October 3, 2018

Big Shift in Overnight Weather Models; November Called 8 Cents Lower

November natural gas is set to open 8 cents lower Friday morning at $2.81 as overnight weather data resulted in a large decrease in forecast heating load. Overnight oil markets fell.

October 27, 2017
Harvey A Harbinger of Global LNG Market Disruptions, Says IEA

Harvey A Harbinger of Global LNG Market Disruptions, Says IEA

Global natural gas markets are well supplied, but the transformation from regional systems to interdependent markets is creating security challenges, including on the U.S. Gulf Coast, the International Energy Agency (IEA) said in an annual assessment.

October 18, 2017

Limited Pipeline Capacity to Gulf Coast Means More NatGas Basis For E&Ps, Says Braziel

With so much new supply hitting the market over the next few years, and with incremental demand from the Gulf Coast, natural gas producers haven’t seen the last of widening basis differentials, according to RBN Energy LLC’s Rusty Braziel.

September 29, 2017

Irma Has Company; October Called 2 Cents Higher

October natural gas is set to open 2 cents higher Wednesday morning at $2.99 as traders balance near-term cooling with an ever more active tropical storm dynamic. Overnight oil markets were mixed.

September 6, 2017
Global LNG Demand Quietly Matching Supply as More Players Join Game, Says Shell Exec

Global LNG Demand Quietly Matching Supply as More Players Join Game, Says Shell Exec

Worldwide liquefied natural gas (LNG) supply appeared to swamp demand in 2016 as new capacity came online, but big buyers snapped up more cargoes and new participants emerged, basically evening out the supply-demand picture, according to Royal Dutch Shell plc.

February 24, 2017