LNG

Shoulder-season doldrums took hold of natural gas forward curves for the trading period ending May 5 as mild weather stole some of the momentum away from strong export demand. June forward prices averaged exactly flat for the period amid a mix of small gains and losses, while the balance of summer (June-October) eked out a…

Infraestructura Energética Nova (IEnova) reported growth in volumes and revenue from its natural gas business in Mexico during the first quarter and expects the trend to continue, management said during an earnings call last week. CEO Tania Ortiz Mena told analysts that the Energía Costa Azul (ECA) liquefied natural gas (LNG) export project in Baja…

A prolific surge in Covid-19 cases in India is cutting into spot liquefied natural gas (LNG) demand as some vessels have avoided the country since last month.  Seven LNG tankers that were headed to India have been diverted to other destinations since mid-April, said Kpler analyst Charles Costerousse, who added that the market research firm…

As updated forecasts hinted at higher cooling demand developing later in May, natural gas futures recovered the previous session’s losses in early trading Friday. After slipping 1.0 cents in Thursday’s trading, the June Nymex contract was up 1.3 cents to $2.941/MMBtu at around 8:45 a.m. ET. Based on the latest forecast data projections from Bespoke…

Natural gas futures slipped lower for a second consecutive session on Thursday, despite a bullish government inventory print and continued robust demand for both U.S. liquefied natural gas (LNG) and pipeline exports. The June Nymex contract fell 1.0 cent day/day and settled at $2.928/MMBtu. The contract lost 2.9 cents on Wednesday. July shed eight-tenths of…

Shoulder-season doldrums took hold of natural gas forward curves for the trading period ending May 5 as mild weather stole some of the momentum away from strong export demand. June forward prices averaged exactly flat for the period amid a mix of small gains and losses, while the balance of summer (June-October) eked out a…

Houston-based Stabilis Solutions Inc. has entered into a memorandum of understanding (MOU) with the Port of Corpus Christi Authority in South Texas to use liquefied natural gas (LNG) as a marine fuel. The Port of Corpus Christi and Stabilis have committed to providing customer education and technical support, as well as grant funding opportunities to…

Sempra Energy may push a decision on whether to sanction the Port Arthur, TX, natural gas export project to 2022 as it looks to reduce the greenhouse gas (GHG) footprint. “We continue to work with partners and customers to focus on options to reduce the projects GHG profile and continue improving its competitive position in…

Natural gas futures faltered on Wednesday, ending a three-day rally ahead of expectations for a more substantial build in underground inventories with this week’s government storage report. The June Nymex contract fell 2.9 cents day/day and settled at $2.938/MMBtu. July shed 3.0 to $2.982. NGI’s Spot Gas National Avg. lost ground for the first time…