LNG Insight

Gulfstream LNG Development LLC, a greenfield natural gas export project proposed for Louisiana, has received a permit to deliver to free trade agreement (FTA) countries from the U.S. Department of Energy (DOE). The firm in March requested an FTA and non-FTA permit for the estimated 237.5 Bcf/year or 650 MMcf/d project. In its order, DOE…

While the European Union has been working more than a year to replace Russian pipeline gas and decrease the country’s influence on the European economy, imports of Russian LNG have been ticking upward. The EU may need further sanctions on LNG if it’s serious about kicking Russian fossil fuels, according to a European think tank.…

With Texas heat receding to less extreme levels, and with a warm — but not sweltering — summer temperature outlook in the latest forecast maps, natural gas forwards prices pulled back during the June 22-28 trading period, NGI’s Forward Look data show. After surging 25.8 cents higher in the week-earlier period, Henry Hub gave back…

The European Union’s (EU) independent energy regulator reported the bloc’s natural gas consumption has continued to drop even as trade liquidity and imports from the United States are still on the rise. The EU’s gas consumption has dropped 20.3% year-to-date, according to the latest market report from the European Union Agency for the Cooperation of…

Turkey is moving forward with plans for a regional LNG hub that could potentially exclude Russia as a partner. Reduced European gas demand, a recent offshore gas discovery and new liquefied natural gas supplies have helped reduce Russian pipeline imports –  a sign that the Turkish government may have an alternative gas strategy. During the…

A year-end completion target can be hit after Coastal GasLink Pipeline Ltd. construction hit the 90% completion mark on its 670-kilometer (400-mile) natural gas pipeline linking Montney Shale production to the Shell plc-led LNG Canada liquefied natural gas export terminal, according to the company. All but 48 kilometers (29 miles) of pipe have been laid…

NextDecade Corp. signed binding agreements with lenders to secure the more than $10 billion in financing it needs to fund construction of its Rio Grande LNG export project in Texas and is aiming for a final investment decision (FID) in the next few weeks. The Houston-based company disclosed it has received commitments from an international…

The U.S. LNG industry centered on the Gulf Coast has led to rocketing increases in the country’s natural gas demand since Lower 48 exports began from Louisiana in 2016, according to the Energy Information Administration. Even as severe seasonal heat events have increased in frequency and unconventional natural gas production has given rise to regional…

CEO Paul Cicio of the Industrial Energy Consumers of America (IECA) spends a lot of his time cautioning against exporting more U.S. LNG to customers overseas.   It’s a message that carries more weight as the nation is on track to exceed 22 Bcf/d of liquefied natural gas export capacity this decade when every project in…