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Golden Pass LNG Asks FERC for Additional 2.5 MMTY Production Capacity

Golden Pass LNG Asks FERC for Additional 2.5 MMTY Production Capacity

Golden Pass LNG Terminal LLC, a joint venture of ExxonMobil and state-owned Qatar Petroleum (QP), has asked FERC to increase by 2.5 million metric tons/year (mmty) the total liquefied natural gas (LNG) production capacity of its planned export facilities on the Texas coast.

May 29, 2020
Louisiana LNG Project Lands New Buyer After Second Deal Falls Through

Louisiana LNG Project Lands New Buyer After Second Deal Falls Through

Liquefied Natural Gas Ltd. (LNGL) has lined up yet another deal to sell some assets after a transaction with Global Energy Megatrend Ltd. fell through this week.

May 28, 2020
U.S. LNG Said Taking ‘New Role of Swing Supplier’

U.S. LNG Said Taking ‘New Role of Swing Supplier’

Falling U.S. liquefied natural gas (LNG) output is expected to throw yet another wrench into the global market in the months ahead and drive increased price volatility, according to IHS Markit.

May 28, 2020
June Natural Gas Expires 7 Cents Lower on Bleak LNG Outlook, Ballooning Storage

June Natural Gas Expires 7 Cents Lower on Bleak LNG Outlook, Ballooning Storage

Natural gas futures took a step back Wednesday, quickly erasing the gains mounted following the holiday weekend. With export demand remaining a threat and eyes on a plump storage injection, the June Nymex gas futures contract expired 7.1 cents lower at $1.722. July, which takes over the prompt-month position on Thursday, fell 5.9 cents to $1.886.

May 27, 2020
TC Gains Financing to Advance Coastal GasLink, Conduit for LNG Canada Exports

TC Gains Financing to Advance Coastal GasLink, Conduit for LNG Canada Exports

TC Energy Corp. on Monday closed investment and loan deals to build the Coastal GasLink (CGL) pipeline for the Royal Dutch Shell plc-led liquefied natural gas (LNG) export project underway on the northern coast of British Columbia (BC).

May 26, 2020
Total Strengthens European LNG Demand with Acquisition in Spain

Total Strengthens European LNG Demand with Acquisition in Spain

Total SA is strengthening its hand in Europe and folding in more demand for its robust liquefied natural gas (LNG) assets in a deal to acquire 2.5 million customer contracts in Spain from utility Energias de Portugal (EDP).

May 26, 2020
Appalachia Leads Gains for Natural Gas Forwards as Producer Curbs Output, but LNG Concerns Mount

Appalachia Leads Gains for Natural Gas Forwards as Producer Curbs Output, but LNG Concerns Mount

Bearish indicators are not in short supply for the natural gas market, but forward prices staged a meaningful comeback during the May 14-20 period, according to NGI’s Forward Look.

May 22, 2020
Kinder Morgan Restarting Elba Island LNG Units Impacted by Fire

Kinder Morgan Restarting Elba Island LNG Units Impacted by Fire

Kinder Morgan Inc. is bringing production units back online at its Elba Island liquefied natural gas (LNG) export facility in Georgia after a fire at the facility on May 11.

May 22, 2020
Stalled Louisiana LNG Project Revived After Founders Take Reins Again

Stalled Louisiana LNG Project Revived After Founders Take Reins Again

The team behind a mid-scale liquefied natural gas (LNG) export project in Plaquemines Parish, LA, which failed to gain traction years ago is trying to advance again with new investment capital and offtake agreements.

May 21, 2020
FERC Greenlighting Alaska LNG Export Project Called ‘Capstone Moment’

FERC Greenlighting Alaska LNG Export Project Called ‘Capstone Moment’

FERC has authorized Alaska Gasline Development Corp.’s (AGDC) plans to liquefy and export natural gas produced on Alaska’s North Slope from a plant at Nikiski.

May 21, 2020