LNG

A second attempt is under way to fulfill environmental rules for a supply deal for the Goldboro liquefied natural gas export facility proposed for Canada’s east coast after the Alberta Energy Regulator (AER) rejected the first transaction plan.

The Intercontinental Exchange (ICE) said Wednesday that it continues to see record levels of open interest across its Asian, European and North American natural gas benchmarks as worldwide trade of the fuel has liberalized.

Editor’s Note: The following segment is one in a series by NGI’s LNG Insight focused on exploring how the global liquefied natural gas (LNG) market works. The conversations in this series will also analyze news and the issues that matter most to the industry in North America and beyond.

NextDecade Corp. said Monday it now expects to make a final investment decision (FID) on its Rio Grande liquefied natural gas (LNG) export project on the South Texas coast next year as the Covid-19 pandemic continues to upend energy markets.

Kinder Morgan Inc. has confirmed that a fire broke out May 11 in a mixed refrigerant compressor at its Elba Island liquefied natural gas (LNG) facility in Georgia, forcing it to shut down three liquefaction units that remain offline.

Faced with a massive decline in liquefied natural gas (LNG) demand and a slow reopening of the economy amid the coronavirus pandemic, natural gas forward prices collapsed during the May 7-13 period, NGI’s Forward Look data show.

U.S. liquefied natural gas (LNG) deliveries to China are steadily increasing following a preliminary agreement earlier this year to ease trade tensions, but the deal is now seen in jeopardy given the economic impacts of Covid-19 and the pandemic’s role in souring diplomatic relations between the countries.

LNG Ltd. (LNGL) said Tuesday it plans to sell its interest in a proposed liquefied natural gas (LNG) export project in Lake Charles, LA, to Global Energy Megatrend Ltd. for $2.25 million.

Despite erratic swings throughout the week, natural gas forward prices eventually stabilized as the calendar flipped to May as states across the country started to reopen amid the coronavirus pandemic.