LNG

A roundup of news and commentary from NGI’s LNG Insight China, the world’s largest carbon emitter, is aiming to reach peak emissions before 2030 and be carbon-neutral by 2060. President Xi Jinping outlined the goals during an address before the United Nations. No details were provided about how the world’s second largest natural gas importer…

Feed gas deliveries to U.S. export terminals have fallen significantly in recent days and are likely to remain low this week as inclement weather on the Gulf Coast and maintenance are slowing liquefied natural gas (LNG) production.  Feed gas deliveries to Cove Point in Maryland have fallen to zero as the terminal started annual fall…

A British Columbia (BC) liquefied natural gas (LNG) dealer has recruited a Japanese trading house to help market LNG as a marine fuel at North America’s Pacific Northwest ports.   Cryopeak LNG Solutions Corp., an arm of BP Energy Partners LLC in the Vancouver, BC, suburb of Richmond, said a memorandum of understanding (MOU) for the…

Global gas fundamentals are expected to tighten considerably this winter and over the long term, but U.S. liquefied natural gas (LNG) could face another painful summer in which cargo cancellations mount as early as May. In a research note released Monday, Raymond James & Associates Inc. analysts said the continued ramp-up of the Chinese economy,…

With demand impacts expected from Tropical Storm Beta hovering over the Texas coast, natural gas futures extended their slide in early trading Tuesday. The October Nymex contract was down 0.9 cents to $1.826/MMBtu at around 8:50 a.m. ET, while January was off 4.0 cents to $3.277. The October contract opened this week’s trading with a…

Natural gas futures plunged on Monday as traders digested weaker liquified natural gas (LNG) volumes, potential demand destruction from a new tropical storm and forecasts for milder temperatures in the Midwest. The October Nymex contract settled at $1.835/MMBtu, down 21.3 cents day/day. It marked the first time since early August that the prompt month closed…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast.  Senior Editor Jamison Cocklin, who oversees LNG Insight, is joined by NGI’s Patrick Rau, director of strategy and research, to give an overview of the commercial structures of U.S. export terminals, how the super-chilled fuel is priced and the advantages of…

A roundup of news and commentary from NGI’s LNG Insight Entergy Corp. has partially restored power to Cameron LNG, which has been offline since late last month when Hurricane Laura made landfall. Cameron is testing systems ahead of the restart process on Train 1. Feed gas deliveries still at zero. Calcasieu Ship Channel still needs…

A Sempra Energy affiliate has launched a binding open season soliciting bids for additional long-term firm transportation service on the Texas Connector Project, which would link the proposed Port Arthur liquefied natural gas (LNG) export facility to various interstate pipelines.  The 34.2 mile-system was approved by the Federal Energy Regulatory Commission last year and its…