U.S. LNG

As the Northern Hemisphere nears what could be a milder winter compared to last year, Energy Information Administration (EIA) researchers expect U.S. LNG exporters to further expand their role as a balancing force in the global spot market. In EIA’s latest winter liquefied natural gas market outlook, researchers wrote that most key natural gas markets…

Citing fallout from the war in Ukraine, Russian natural gas behemoth Gazprom PJSC said its net income for the first half of 2023 plummeted.  The steep drop came after Russia cut off most exports to Europe last year after it invaded Ukraine. The continent has also reduced its reliance on Russian natural gas, turning instead…

United Energy Corp. (UNRG) and Houston-based Bridge Energy LLC are partnering to expand LNG processing capabilities for exploration and production (E&P) operations in Kansas and Oklahoma.  The joint venture would use scalable gas liquefaction systems from Arc Energy. The first system, to be installed by the end of the year, would produce up to 7,000…

The United States exported 1.03 Tcf of LNG during the first quarter to 34 countries in 324 tanker cargoes and 85 container loads, leading the North American natural gas trade, according to the U.S. Department of Energy. The Office of Regulation, Analysis and Engagement, Division of Natural Gas Regulation issued its 1Q2023 report earlier this…

The United States is likely to become the world’s largest LNG exporter this year, according to the International Group of Liquefied Natural Gas Importers (GIIGNL). The United States added 8.4 million tons (Mt) of new volumes to global supply last year, or nearly one-half the 16.9 Mt added by other LNG producers across the world,…