United States

Project Canary Says U.S. LNG Terminals in Talks to Environmentally Certify Trains

Project Canary Says U.S. LNG Terminals in Talks to Environmentally Certify Trains

Project Canary, an environmental monitoring company, is in discussions with U.S. liquefied natural gas (LNG) terminal operators and buyers as demand has increased dramatically for cleaner energy across the globe.  The company is working with more than 20 U.S. upstream, midstream and downstream natural gas operators to measure hundreds of data points that certify the…

March 17, 2021
Asia Said No. 1 Destination in 2020 for U.S. LNG Exports

Asia Said No. 1 Destination in 2020 for U.S. LNG Exports

Asia dethroned Europe as the top destination for U.S. liquefied natural gas (LNG) cargoes last year, taking in almost half of all exports, according to the Energy Information Administration (EIA). U.S. exports to Asia increased 67% in 2020 compared with 2019, accounting for 3.1 Bcf/d, EIA said. Though Covid-19 brought global economies to a near…

March 15, 2021
Natural Gas Rig Count Unchanged in U.S. as Oil Patch Sees Small Decline

Natural Gas Rig Count Unchanged in U.S. as Oil Patch Sees Small Decline

The U.S. natural gas rig count remained unchanged at 92 for the week ending Friday (March 12), while a small decline in the oil patch sent the overall domestic tally slightly lower, according to updated data from oilfield services provider Baker Hughes Co. (BKR). Including a one-rig decline in oil-directed rigs, the overall U.S. rig…

March 12, 2021
LNG Loading Disrupted as Weather Continues to Upend U.S. Export Operations

LNG Loading Disrupted as Weather Continues to Upend U.S. Export Operations

U.S. liquefied natural gas (LNG) operations were again disrupted on Wednesday as wintry weather continued to grip the Gulf Coast, forcing traders to shuffle cargoes as American exports continued to decline. Power has been restored at Cameron LNG in Hackberry, LA, after a problem with the transmission grid knocked it offline Monday. But the terminal…

February 17, 2021
Bedlam in U.S. Energy Markets Sends LNG Feed Gas Deliveries Spiraling Downward — LNG Recap

Bedlam in U.S. Energy Markets Sends LNG Feed Gas Deliveries Spiraling Downward — LNG Recap

U.S. liquefied natural gas (LNG) export terminals were struggling to bounce back Tuesday after feed gas deliveries in recent days plummeted to their lowest point since the fall amid a historic cold snap gripping much of the country that’s created unprecedented energy demand. Deliveries to the terminals via interstate pipelines fell to 5.45 Bcf Monday,…

February 16, 2021
Natural Gas Forwards Brush Off Ice, Snow Draping Lower 48; Higher Prices Still to Come

Natural Gas Forwards Brush Off Ice, Snow Draping Lower 48; Higher Prices Still to Come

Bitterly cold temperatures blanketed the Lower 48, and the deep freeze threatened to curb output throughout most of the country’s production basins. Long-held storage surpluses have quickly eroded and export demand continues to fire on all cylinders. It was, by all considerations, the perfect storm to send natural gas futures rocketing sharply higher. And yet,…

February 12, 2021
Poland’s LNG Imports Again Jump as Russian Supplies Decline

Poland’s LNG Imports Again Jump as Russian Supplies Decline

Poland’s state-owned natural gas company said its liquefied natural gas (LNG) imports totaled 3.76 billion cubic meters (Bcm) in 2020, or 10% more than in 2019.  The country has been working in recent years to cut its reliance on Russian natural gas supplies by expanding its relationships with additional pipeline suppliers and LNG exporters, particularly…

February 10, 2021
LNG 101: The Panama Canal’s Impact on Global Gas Markets

LNG 101: The Panama Canal’s Impact on Global Gas Markets

The Panama Canal is a vital passage for moving goods from the Atlantic to Pacific oceans faster, and since its expansion in 2016 to accommodate larger vessels and increasing liquefied natural gas (LNG) traffic, it’s become a crucial route in moving LNG from the United States to Asia in a timely manner.   LNG traffic has…

January 28, 2021
U.S. Adds One Natural Gas Rig as Drilling Total Surges on Oil Gains

U.S. Adds One Natural Gas Rig as Drilling Total Surges on Oil Gains

The U.S. natural gas rig count rose one unit to 84 for the period ending Friday (Jan. 8), while gains in the oil patch saw the overall domestic drilling tally surge higher, according to the latest weekly numbers published Friday by oilfield services provider Baker Hughes Co. (BKR). In the United States, drillers added eight…

January 8, 2021
Asia LNG Prices Skyrocket as Buyers Scramble for Supplies Amid Cold Snap, Power Shortages

Asia LNG Prices Skyrocket as Buyers Scramble for Supplies Amid Cold Snap, Power Shortages

Liquefied natural gas (LNG) prices continued to set records in North Asia on Wednesday as buyers scrambled for prompt cargo deliveries amid a supply shortage and cold snap. Trafigura Group Pte. Ltd. purchased a cargo from PetroChina Co. Ltd. at $21.70/MMBtu for delivery to China early next month. The transaction was above the previous high…

January 6, 2021