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LNG 101: How Europe’s Carbon Market Drives Demand for Natural Gas Imports

LNG 101: How Europe’s Carbon Market Drives Demand for Natural Gas Imports

European carbon prices have soared in 2021, reaching heights not seen since the continent’s emissions trading system (ETS) was established in 2005 and signaling what could be a longer-term trend across a region looking to further tighten climate regulations. Carbon prices hit a record by crossing the 50 euros per metric ton mark in early…

June 3, 2021
Southwestern Energy Gains Access to Gulf Coast LNG Corridor With Indigo Acquisition

Southwestern Energy Gains Access to Gulf Coast LNG Corridor With Indigo Acquisition

Southwestern Energy Co. is moving beyond the Appalachian Basin to expand its natural gas opportunities with a $2.7 billion takeover of Haynesville Shale pure-play Indigo Natural Resources LLC. The Houston independent, a Lower 48 pioneer in unconventional drilling techniques, said the merger would boost production to 4 Bcfe/d, 85% weighted to natural gas. Indigo, which…

June 3, 2021
NGI’s Hub & Flow Assesses Potential Impacts of Mexico Midterm Elections on Energy Sector — Listen Now

NGI’s Hub & Flow Assesses Potential Impacts of Mexico Midterm Elections on Energy Sector — Listen Now

Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which NGI Mexico Senior Editor Christopher Lenton interviews Lourdes Melgar of the Rice University’s Baker Institute for Public Policy and MIT about the upcoming midterm elections in Mexico and the impact they could have on the natural gas market. The…

June 3, 2021
FERC Green Lights 1.7 Bcf/d Gulf Run Pipeline

FERC Green Lights 1.7 Bcf/d Gulf Run Pipeline

Enable Midstream Partners LP has received FERC approval to construct and operate the 1.7 Bcf/d Gulf Run natural gas pipeline, designed in part to serve the liquefied natural gas (LNG) export project being built by ExxonMobil and Qatar Petroleum on the Texas coast. The $540 million pipeline project is backed by a 20-year commitment for…

June 2, 2021
TC Energy Urging Swift Regulatory Approval of LNG Canada Pipeline Deal

TC Energy Urging Swift Regulatory Approval of LNG Canada Pipeline Deal

TC Energy Corp. has secured second place, behind Enbridge Inc., in a pipeline race to gain prized high-volume traffic bound for liquefied natural gas exports (LNG) from the northern Pacific coast of British Columbia (BC). “Time is of the essence,” said TC subsidiary Nova Gas Transmission Ltd. (NGTL) in a request for swift approval by…

June 2, 2021
Stabilis Expands LNG Bunkering Footprint With Louisiana Acquisition

Stabilis Expands LNG Bunkering Footprint With Louisiana Acquisition

Houston-based Stabilis Solutions Inc. is expanding its reach in the growing liquified natural gas (LNG) bunkering sector with the acquisition of a production facility in Port Allen, LA. The fuels specialist said Tuesday it had completed the acquisition of the facility from HR Nu Blu Energy LLC for an undisclosed amount.  The small-scale plant came…

June 2, 2021
Natural Gas Futures Prices Soar as June Setting Up to be Hottest on Record

Natural Gas Futures Prices Soar as June Setting Up to be Hottest on Record

With a flip of the calendar and a notably warmer outlook for June, natural gas futures prices roared back after the Memorial Day holiday weekend. A sharp decline in supply — though seen as possibly temporary — also influenced pricing, with the July Nymex futures contract settling Tuesday at $3.104/MMBtu, 11.8 cents higher than Friday’s…

June 1, 2021
Warmer Forecasts Push Up Global Natural Gas Prices — LNG Recap

Warmer Forecasts Push Up Global Natural Gas Prices — LNG Recap

Global natural gas prices moved higher Tuesday, recovering losses late last week as a warmer shift in forecasts was seen lifting demand in places like the United States and Asia.  In Europe, where colder spring weather has been driving abnormal heating demand for this time of year, temperatures are heating up. Natural gas prices on…

June 1, 2021
Pieridae Targets Alberta Carbon Capture Project to Offset Goldboro LNG Emissions

Pieridae Targets Alberta Carbon Capture Project to Offset Goldboro LNG Emissions

Canada’s Pieridae Energy Ltd. announced last week that partner recruitment has begun for a greenhouse gas (GHG) disposal and clean power project in Alberta that would offset emissions from its planned Goldboro liquefied natural gas (LNG) project in Nova Scotia. Pieridae said the new project would repurpose its Caroline natural gas plant in central Alberta…

June 1, 2021
Sempra Looking to Add Second LNG Project on Mexico’s West Coast

Sempra Looking to Add Second LNG Project on Mexico’s West Coast

California’s Sempra Energy is looking to develop a second liquified natural gas (LNG) project in Mexico called Vista Pacifico at Topolobampo in Sinaloa state.  Sempra LNG regional vice president Brian Lloyd said last week the project would import natural gas from U.S. shale basins for re-export as LNG. Vista Pacifico would have an export capacity…

June 1, 2021