LNG

Shell Australia Pty Ltd. and joint venture partner SGH Energy are moving forward with developing the Crux natural gas field offshore Western Australia, a project to supply the existing Prelude floating liquefied natural gas (FLNG) facility. Crux is expected to have capacity to supply the Prelude FLNG facility with up to 550 MMcf/d. Construction is…

Enbridge Inc. is moving forward with a pair of pipeline expansion projects that would deliver 1.5 Bcf/d of natural gas to the Plaquemines liquefied natural gas (LNG) export terminal recently sanctioned by Venture Global Inc. The Gator Express Meter (GEM) and Venice Extension projects would involve 36-inch diameter pipeline, metering and compressor station additions and…

International liquefied natural gas (LNG) buyers could keep up the strong pace of new long-term contracts through the rest of the year as short-term volumes continue to grow more expensive, according to market analysts. Since the beginning of the year, buyers have secured over 22 million metric tons/year (mmty) of LNG by signing new deals.…

Natural gas futures skidded lower in early trading Tuesday amid a combination of bearish trends in fundamental indicators and potential demand destruction from cooler weather associated with potential tropical cyclone activity in the Gulf of Mexico.  Coming off a 16.8-cent sell-off on Friday, the July Nymex contract was down 20.3 cents to $8.524/MMBtu at around…

With warnings of higher prices still to come, natural gas forward prices mounted hefty gains for the trading period ending May 25, with prices nearing $9.00/MMBtu across much of the country and cresting $10.00 in California, according to NGI’s Forward Look. June fixed prices averaged 65.0 cents higher on the week, while the balance of…

MADRID (ICIS) –The spread between TTF and Asian prices narrowed slightly in the seven days to 26 May, as the ICIS TTF dropped slightly while the East Asia Index (EAX) rose on regional demand rallies.

Enbridge Inc. is moving forward with a pair of pipeline expansion projects that would deliver 1.5 Bcf/d of natural gas to the Plaquemines liquefied natural gas (LNG) export terminal recently sanctioned by Venture Global Inc. The Gator Express Meter (GEM) and Venice Extension projects would involve 36-inch diameter pipeline, metering and compressor station additions and…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast. NGI’s Jamison Cocklin, senior editor of liquefied natural gas (LNG), and Patrick Rau, director of strategy and research, discuss their takeaways from a trip to Vancouver, British Columbia, for the Canada Gas & LNG Exhibition and Conference. They discuss Canada’s prospects…

An environmental watchdog group in a letter to President Biden is arguing that a joint task force formed by the White House and European Commission (EC) to help Europe secure more liquefied natural gas (LNG) and displace Russian imports is operating secretly and violating federal law.  UK-based Global Witness said the task force’s three meetings…