LNG Insight

More U.S. upstream operators are working to verify the methane emissions of their natural gas, and business is expected to strengthen as choosy buyers, particularly in Europe, choose independently certified gas. Methane, the primary component of natural gas, accounts for about 20% of the global anthropogenic greenhouse gas emissions. The natural gas sector emits a…

Cedar LNG, a joint liquefied natural gas export project by Haisla Nation and Pembina Pipeline Corp. that would ship 400 MMcf/d, has gained an environmental assessment certificate to proceed by the British Columbia (BC) government. BC Premier David Eby described the C$3.2 billion ($2.4 billion) project as an “unprecedented opportunity” for Haisla and its northern…

Williams has found an enthusiastic cheerleader to help guide natural gas opportunities into the future with Chad Zamarin. The recently promoted executive vice president oversees Corporate Strategic Development for the natural gas pipeline behemoth. Zamarin sat down with NGI at CERAWeek by S&P Global to discuss what’s ahead at Williams. He also chairs the Interstate…

Heavy flooding, upstream gas supply issues and pipeline vandalism left the six-train Nigeria LNG (NLNG) facility on Bonny Island producing far below capacity last year, and the trend has largely continued in 2023. Liquefied natural gas exports have been “protractedly declining” since the 22 million metric tons/year NLNG declared a force majeure in October 2022…

European natural gas prices corrected on Monday after big gains at the end of last week as warmer weather is forecast and wind power output increases. The prompt Title Transfer Facility (TTF) contract fell by 6% Monday, dipping below $16/MMBtu. The benchmark jumped 22% on Friday amid labor strikes in France that have brought LNG…

Venture Global LNG Inc. said Monday that it would go forward with the second phase of its Plaquemines export terminal under development in Louisiana after securing $7.8 billion in financing.  The final investment decision (FID) comes less than 10 months after the first phase was sanctioned. All together, Venture Global said it would invest $21…

Declining March heating demand expectations inspired coast-to-coast discounts for regional natural gas forwards during the March 2-8 trading period, NGI’s Forward Look data show. April fixed prices at benchmark Henry Hub fell 27.1 cents to end the period at $2.548/MMBtu, and week/week fixed price discounts of around 20-30 cents were the norm for much of…

The European Commission (EC) plans to extend its call for voluntary natural gas reduction measures until next year, said energy commissioner Kadri Simson. “We cannot let our guard down on gas security of supply,” she said Thursday during a press conference one year after the European Union (EU) rolled out a plan to cut its…

FERC Acting Chairman Willie Phillips got the memo. The head of the federal regulatory agency tasked with overseeing energy infrastructure development told a cavernous conference hall filled with industry insiders what they had hoped to hear: Phillips has their back when it comes to speeding up decisions on infrastructure projects. “Building new things,” Phillips said…