A roundup of news and commentary from the global gas market A 7.4-magnitude earthquake impacted Taiwan and briefly triggered a tsunami warning Tuesday, but hasn’t appeared to disrupt LNG imports, according to data from Kpler. Two vessels initially were turned away during the warning, but imports resumed on Wednesday. Taiwan imported more than 20 million…
Tsunami
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Warm Air Torrent Pushes Cash Lower; Futures Scoot Higher
Physical natural gas continued lower Tuesday as the market grappled with a tsunami-like influx of warmer-than-normal temperatures east of the Rockies and the ongoing need to purge storage gas.
Energy Companies Expected to Steer Through Credit Crunch
The global financial tsunami is something the energy industry will steer itself through, El Paso Corp. CEO Doug Foshee said Thursday, noting that the current crisis summons memories of the one precipitated in the energy industry by Enron Corp.’s 2001 bankruptcy.
Energy Companies Expected to Steer Through Credit Crunch
The global financial tsunami is something the energy industry will steer itself through, El Paso Corp. CEO Doug Foshee said Thursday, noting that the current crisis summons memories of the one precipitated in the energy industry by Enron Corp.’s 2001 bankruptcy.