Williams on Wednesday hit the green light for the Louisiana Energy Gateway (LEG), a 1.8 Bcf/d natural gas system designed to move Haynesville Shale supply to industrial markets and for export overseas. The LEG system, set for service by late 2024, would deliver Haynesville gas to industrial corridors and to liquefied natural gas (LNG) export…
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Mexico’s Dos Bocas Refinery Starting Operations Amid Controversy and Fanfare
Mexican President Andrés Manuel López Obrador’s campaign promise of a refinery for his home state of Tabasco is being delivered this week. The 340,000 b/d Olmeca refinery in Dos Bocas will be inaugurated on Friday, July 1, exactly four years after López Obrador won the presidency. “With president López Obrador inaugurating his flagship Olmeca refinery,…

As Deadline Looms, MVP Requests FERC Extension to 2026
Mountain Valley Pipeline LLC is seeking an extension from FERC that would give the operator until October 2026 to finish construction on the delayed Appalachia-to-Southeast natural gas conduit. In a letter filed last Friday, MVP asked the Federal Energy Regulatory Commission for more time to finish construction in light of “ongoing legal and permitting challenges.”…

MVP Seeking Another Extension from FERC as Construction Deadline Approaches
Mountain Valley Pipeline LLC is seeking an extension from FERC that would give the operator until October 2026 to finish construction on the delayed Appalachia-to-Southeast natural gas conduit. In a letter filed last Friday, MVP asked the Federal Energy Regulatory Commission for more time to finish construction in light of “ongoing legal and permitting challenges.”…

U.S. Energy Grid Storage Hits Record, Hurdling Supply Chain Constraints
Additions in U.S. grid-scale energy storage during the first three months of the year outpaced the same period last year four times over, with a record 2,399 MWh brought online despite supply chain-related delays. A recent report by consultancy Wood Mackenzie and the American Clean Power Association (ACP) found that residential, nonresidential and grid-scale storage…

Mexico Needs New Policy to Boost Natural Gas Production, Amexhi President Says
“We firmly believe that Mexico can take much better advantage of its national natural gas basins to compensate for the imports and at the same time attend to the increased demand for natural gas,” Juan Manuel Delgado, President of Mexico’s Hydrocarbon Companies Association, AMEXHI, told NGI’s Mexico GPI. “Mexico has to make a change to…

Natural Gas Buyers Get Pricing Relief with Sistrangas Contract Deadline Looming – Mexico Spotlight
Prices of North American natural gas continued to soften this week with U.S. storage levels set to build healthily for the upcoming winter. After recently barreling toward $10/MMBtu, the 2 Bcf/d available to the North American market following the Freeport liquefied natural gas (LNG) terminal shutdown in Texas, is loosening supply and bringing down prices.…

Venture Global Nets Offtake for Louisiana LNG as Chevron ‘Strengthens’ Portfolio
Venture Global Inc. on Wednesday announced its second offtake agreement in a week for its pair of proposed Louisiana liquefied natural gas (LNG) projects. Chevron Corp. also moved to expand its LNG portfolio. The Arlington, VA company said Chevron agreed to two 20-year sales and purchase agreements (SPA) for a combined 2 million metric tons/year (mmty).…

Haynesville Awaiting More Capacity to Avoid Natural Gas Takeaway Constraints
The natural gas industry has shown renewed affection for the natural gas-rich Haynesville Shale, but darker times may lie ahead unless proposed takeaway projects move forward, according to an analysis by Wells Fargo Securities. The analyst team, led by managing director Michael Blum, outlined two scenarios under which additional infrastructure would be needed in the…

Cheniere Sanctions Corpus LNG Expansion on ‘Significant Growth’
Cheniere Energy Inc. said Wednesday it made a positive final investment decision (FID) to expand its Corpus Christi liquefied natural gas (LNG) export terminal in South Texas. The project would add seven midscale liquefaction trains and 10 million metric tons/year (mmty) of capacity at the facility as global demand for LNG surges. “Reaching FID on…