LNG

FERC has approved Gulfstream LNG Development LLC’s request to start the pre-filing permitting process, kicking off the regulatory review for its 4 million metric tons/year (mmty) liquefied natural gas export project planned for Plaquemines Parish, LA.  The company submitted a pre-filing application last month and expects to file a formal application in September for the…

Bulls remained in control in natural gas futures trading early Friday as recent inventory data pointed to tight underlying balances heading into the peak summer months. The June Nymex contract was up 4.9 cents to $2.544/MMBtu as of 8:36 a.m. ET. July was up 3.6 cents to $2.723. The U.S. Energy Information Administration (EIA) on…

Freeport LNG Development LP is gearing up to expand its output of cargoes to the spot market after completing an expansion project during extended maintenance. Freeport management recently confirmed that all three trains at the Texas facility are back online after a series of mechanical issues and damage from a winter storm earlier in the…

NO. 1: FERC has requested more information from Venture Global LNG Inc. about the potential air pollution from the company’s CP2 export project.  The Wednesday request comes ahead of the Federal Energy Regulatory Commission’s scheduled meeting on May 23. It raises the possibility that the Commission again may not vote on the project. CP2 has…

Enbridge Inc. management touted a plethora of projects strategically focused on LNG exports and natural gas that are expanding and optimizing the Calgary-based midstream giants’ operations.  CEO Greg Ebel recently held an earnings call and reviewed the company’s first quarter results.  With “sustainability at the core, Enbridge is “committed to meeting the needs of our…

As traders prepared to digest updated government inventory data, expected to show surpluses trending lower week/week, natural gas futures advanced early Thursday. The June Nymex contract was up 3.0 cents to $2.446/MMBtu at around 8:40 a.m. ET. July was up 2.8 cents to $2.659. Ahead of the U.S. Energy Information Administration’s (EIA) 10:30 a.m. ET…

Freeport LNG has confirmed that all three trains at the Texas export facility are back online after months of maintenance that limited natural gas flows to the facility. Since earlier in the month, the market has been tracking an uptick in feed gas volumes to Freeport that could indicate a restart of production at the…

Petronas is working to restore operations at its massive Bintulu LNG complex in Malaysia after a power outage late last week.  The company said in a statement it is working to startup the facility after it identified the cause of the power loss, which it said occurred late on May 10. No timeline was given…

While shippers await a possible easing of congestion at the Panama Canal in the coming weeks, the volume of U.S. LNG heading through the key route has fallen to a record low. Under normal conditions, the canal provides the fastest roundtrip voyage from the Gulf Coast to Japan at roughly 49 days. However, persistent drought…