LNG Insight

Despite multiple bearish indicators heading into winter, it doesn’t take much these days for U.S. natural gas prices to swing sharply upward, experts said Monday. Rising domestic production and expected milder than average temperatures across much of the Lower 48 should help keep prices in check over the coming months, even with storage levels currently…

As individual natural gas markets around the world become more integrated, thanks to the rise of LNG exports, U.S. natural gas price data have become an important tool in determining which way the trade winds are blowing. As a result, NGI has begun publishing its two key Henry Hub natural gas spot market prices on…

Chevron Corp. has snagged a stake in three joint ventures to develop carbon capture projects offshore Australia. The greenhouse gas (GHG) assessment permits granted to Chevron Australia Pty Ltd. are for offshore blocks covering nearly 7.8 million acres. Two permits are for work in the Carnarvon Basin off the northwestern coast and one is for…

Analysts with Fitch Ratings Inc. now assume the European Union (EU) will not receive any Russian pipeline gas until the end of the year, making an already tight supply situation even tighter. The credit rating firm updated its guidance after comments from Russia’s President Putin and other officials indicated that western flows on the Nord…

Devon Energy Corp., known as a sizable Lower 48 independent, is considering an LNG offtake agreement and investment stake intended to send natural gas volumes to Europe in a move management says is more about the firm’s DNA than the market of the moment. Oklahoma City-based Devon, one of the largest U.S. natural gas and…

Amid erosion of value in the futures market as traders continued to try to price in winter supply risks, regional natural gas forwards pulled back sharply throughout the Lower 48 during the Aug. 31-Sept. 7 period, NGI’s Forward Look data show. From coast to coast, hubs posted fixed price declines of $1-plus for October delivery,…

The extended closure of the Nord Stream 1 pipeline from Russia to Germany caused a major rise in TTF prices on Monday and a similar reaction for East Asian spot LNG prices.

New England energy sector stakeholders stressed the importance of natural gas to the region’s energy security on Thursday at an event organized by FERC. The Federal Energy Regulatory Commission convened the forum to seek input on the region’s winter supply challenges. Primarily because of pipeline constraints, New England relies on LNG imports to cover increased…

Environmental groups are challenging FERC’s approval to extend construction for Cheniere Energy Inc.’s third expansion of the Corpus Christi LNG terminal in South Texas as the battle over natural gas infrastructure projects continues. The Sierra Club and Public Citizen filed a petition with the U.S. Court of Appeals for the District of Columbia (Nos. CP18-512…