LNG

TC Energy Corp. expects North American natural gas demand to grow 25% by 2030, a top pipeline executive told investors earlier this month. Demand would mainly be driven by coal-to-gas switching in the power sector and global demand for liquefied natural gas (LNG), TC’s Tracy Robinson, president of the Canada natural gas pipelines unit, said…

Natural gas futures climbed in early trading Monday as chillier forecasts over the weekend bolstered expectations for heating demand later this month. Coming off an 11.1-cent rally in Friday’s session, the January Nymex contract was up another 9.8 cents to $4.023/MMBtu at around 8:50 a.m. ET.  Colder changes to the forecast provided the impetus to…

Eagle LNG Partners LLC has signed a long-term deal to supply liquefied natural gas (LNG) for a receiving and regasification terminal in Aruba as the company continues to expand its operations in the Caribbean. The $100 million facility in San Nicolas would offload LNG for Web Aruba, the local power and water utility, to fuel…

As natural gas traders in the western United States braced for higher demand, prices throughout the rest of the country continued to erode during the five-day Dec. 2-8 trading period, NGI’s Forward Look data show. January fixed price trades for delivery at Henry Hub fell 44.3 cents week/week to $3.835/MMBtu, and most Lower 48 hubs…

Asian liquefied natural gas (LNG) offtakers that have contracts with Malaysia’s state-owned Petroliam Nasional Berhad, aka Petronas, are looking to cover peak winter demand after cargoes were canceled and deferred from the Bintulu LNG complex in Sarawak.   With a colder-than-normal winter predicted for Asia, plus recent unplanned outages at  Australia’s Gorgon LNG and the Prelude…

Cheniere Energy Inc. has requested more time from FERC to build and bring online its planned expansion at the Corpus Christi liquefied natural gas (LNG) terminal in South Texas, citing delays caused by the Covid-19 pandemic.  Cheniere, one of the largest gas buyers in the country and the nation’s largest LNG exporter, said it needs…

Japan’s largest power producer, Jera Co. Inc., said it would take a 12.5% interest in the Barossa natural gas project offshore Australia’s Northern Territory as it continues to secure additional liquefied natural gas (LNG) supplies. Santos Ltd. sanctioned the $3.6 billion project earlier this year to develop the Barossa field to supply the Darwin LNG…

Enbridge Inc. has set a 2022 budget of C$1.1 billion ($880 million) to expand “newly sanctioned growth projects” for natural gas, oil and power generation operations in Canada, the United States and in Europe, President Al Monaco said Tuesday. During the annual investor day, Monaco and the management team detailed initiatives through 2024 to expand…

A roundup of news and commentary from NGI’s LNG Insight  Cheniere Energy Inc. has loaded its first cargo from the 5 million metric tons/year (mmty) Train 6 expansion at the Sabine Pass terminal in Louisiana. Feed gas was introduced in September. The company expects commissioning to be completed in 1Q2022.  Qatar Energy (QE) said Wednesday…