LNG Insight

The U.S. Department of Energy (DOE) on Thursday issued final approval for liquefied natural gas (LNG) exports from the Alaska LNG project to all countries, including those without U.S. free trade agreements (FTA). The announcement by Deputy Secretary of Energy Mark W. Menezes follows Federal Energy Regulatory Commission approval of the siting, construction and operation…

The besieged Jordan Cove liquefied natural gas (LNG) export terminal proposed for Coos Bay, OR, faces yet another stumbling block. The Oregon supervisor of the U.S. Fish and Wildlife Service, Paul Henson, wrote in a letter to FERC Tuesday that Jordan Cove needed additional information for a pipeline connector, the 15.2-mile-long Blue Ridge Variation. The…

After pushing above $2.40/MMBtu, natural gas futures steadied a bit Wednesday as traders looked ahead to the newest government storage data for further direction. The September Nymex gas futures contract settled at $2.426, up nine-tenths of a cent from Tuesday’s close. October nudged 0.007 cents higher to $2.563. Spot gas prices were mixed as the…

Federal regulators overlooked substantial threats to public safety before approving a new rule that would allow trains to deliver liquefied natural gas (LNG) in the Lower 48, environmental groups and a coalition of states argue in separate lawsuits filed this week. An alliance of environmental advocates led by Earthjustice allege that, should a train derailment…

Expanded U.S. sanctions will not likely halt Russia’s Nord Stream 2 (NS2) natural gas pipeline, according to Uniper, but management has warned investors that the chances of delays have increased. In 2017, Uniper was among five European companies that agreed to provide long-term financing for 50% of the estimated $11.8 billion project, with Russian state-controlled…

Editor’s Note: The following is a column by Eduardo Prud’homme and is part of a regular series offered to subscribers of NGI’s Mexico GPI. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of the energy reform process. He began his career at…

Liquefied natural gas (LNG) shipping rates are likely to drop through September because of the economic devastation from the Covid-19 pandemic, but the longer term outlook has improved, Golar LNG Ltd. management said Thursday. “There is now an emerging optimism among market players who expect a stronger rate environment heading into the autumn and seasonally…

A tall environmental policy order for net-zero greenhouse gas emissions has been added to the requirements for oil and natural gas projects that need approval from the Canada Energy Regulator (CER). The rule surfaced in a revised filing manual for project sponsors that the CER wrote to obey a regulatory green new deal legislated by…

After pulling off a stunning rally in the first week of August, natural gas forward prices were mixed for the Aug. 6-12 period as easing demand pummelled East Coast prices while soaring temperatures prompted sharp spikes out West. Meanwhile, liquefied natural gas (LNG) demand, which ramped up a bit over the past week, is seen…