LNG Insight

Sponsoring U.S. natural gas projects will be a solid bet for years to come as overseas demand grows, and as the fuel supports the energy transition, according to private equity (PE) investors. At the Enverus Evolve conference held in mid-May, a panel of PE executives said upstream investments overall are in the money. “On the…

U.S. oil and natural gas producers cut methane and overall greenhouse gas (GHG) intensity significantly in 2021, according to the latest analysis of publicly available data by the Clean Air Task Force (CATF) and its partners. The intensity of both, or a measure of emissions relative to production, declined by roughly 30% between 2019 and…

Stubbornly high production maintained its grip on natural gas forward curves during the May 18-24 period, with June prices averaging 20.0 cents lower, according to NGI’s Forward Look. With weather-driven demand at seasonal lows and storage inventories remaining at a surplus to historical norms, forward contracts dropped 16.0 cents on average for the balance of…

Despite a current lull in LNG prices and trading activity, shipping company Cool Co. Ltd. (CoolCo) expects the long-term focus on natural gas supply security to make independent vessel owners think twice about short-term commitments for this winter. The Bermuda-based company recently reported in a market outlook that vessel owners could have more incentive to…

Supply preparations are accelerating for LNG deliveries overseas from British Columbia (BC) after TC Energy Corp. secured approval for a pipeline connection. With exploration and production support, the Calgary-based midstream giant also has proposed a special export toll for liquefied natural gas. The Canada Energy Regulator (CER) finalized TC’s Willow Valley Interconnect, which would link…

Freeport LNG Development LP is aiming to return a second berth and its third storage tank to service this summer, according to a company update. The final restart would require regulatory approval.

Lower than average water levels at the Panama Canal are causing severe draft restrictions on vessels transiting the waterway, according to global container shipper Hapag-Lloyd AG. While the limitations aren’t impacting LNG tankers, longer-term weather forecasts could cause problems for U.S. liquefaction projects that hope to send cargoes through the canal in the next few…

Alaska’s recently launched state-funded Sustainability Report backs the planned 2.6 Bcf/d Alaska LNG project. “Alaskans know that we’ve been doing resource development better than anyone since statehood by following our Constitutional mandates to develop our resources for the maximum benefit of our people, adhere to the sustained yield principle, and to safeguard the public interest,”…

Mexico is on track to become Latin America’s leading LNG exporter in terms of regasification capacity, while the region as a whole could become a net liquefied natural gas exporter, according to Poten and Partners. The shipbroker and consulting firm’s Sergio Chapa, senior LNG analyst, provided an overview of the regional LNG balance during a…