LNG Insight

The exploration partners in the Leviathan natural gas field offshore Israel, which include Chevron Corp., could invest in a multi-billion dollar floating LNG (FLNG) platform that could boost East Mediterranean gas exports to Europe. Earlier this week, the partnership approved plans to spend $96.4 million on pre-front-end engineering and an estimated 4.6 million tons/year capacity…

Cheniere Energy Inc. has begun the regulatory process for a major expansion at its Sabine Pass export terminal in Louisiana in a sign the largest U.S. LNG producer sees resurgent demand for the super-chilled fuel lasting well into the future.  The company noted Thursday that it has pre-filed with FERC to add up to 20…

Russia’s invasion into Ukraine one year ago led to concerns about the security of energy supplies, but U.S. LNG was up to the task, assuaging short-term widespread damage. The questions now are about how to prepare for winters to come, with additional gas export capacity possibly years away. Pundits and analysts have weighed in on…

Marathon Oil Corp. is aiming to hold its Lower 48 natural gas and oil production flat in 2023, and ditch Henry Hub for global price indexing at its Equatorial Guinea LNG (EGLNG) business in 2024, according to management. CEO Lee Tillman hosted a conference call to discuss the Houston-based company’s fourth quarter and full-year 2022…

How close is the world to adopting a global spot LNG index? That’s a question this series has aimed to answer by exploring the prospects of establishing one based on crude oil, Title Transfer Facility (TTF) and Henry Hub prices.

A year since Russia’s invasion of Ukraine altered the energy landscape across the globe, Mexico’s natural gas model has been transformed. As the world’s biggest consumer of U.S. produced natural gas, Mexico has set its sights on using its geographic position to its advantage. By importing natural gas from the U.S. at the cheapest prices…

Uniper SE said it expects the financial blows it took last year to replace Russian natural gas with costlier spot supplies to impact operations until the end of 2024, at which point it’s unlikely to require equity injections and credit from the German government.  Germany’s largest gas buyer was bailed out by the government last…

A year after Russia’s invasion of Ukraine splintered the energy landscape in Europe, the region is continuing to diversify its natural gas supply, thanks in part to a wave of LNG imports. However, it still faces years of possible shortages as global export capacity remains tight. Since last February, liquefied natural gas imports have taken…

With its direction aimed at expanding the natural gas business, including deliveries to export LNG, Williams is looking to repeat the 2022 performance, when it delivered record results from its onshore and deepwater operations. CEO Alan Armstrong on Tuesday was joined by the executive team to deliver quarterly and year-end results. The results were paired…