LNG

Boosted by a cold shot sweeping through key markets, natural gas futures advanced in early trading Tuesday, though questions surrounding the export demand outlook this winter continue to linger. The December Nymex contract was up 4.1 cents to $5.974/MMBtu at around 8:45 a.m. ET. The market continues to wrestle with uncertainty over the timeline for…

Natural gas futures recovered Monday as weather shifted substantially colder, driving heating demand and offsetting festering concerns about the relaunch of a key export facility. The December Nymex gas futures contract settled at $5.933/MMBtu, up 5.4 cents day/day. January gained 3.6 cents to $6.299. At A Glance: Forecasts call for enduring freeze Export capacity remains…

Nord Stream AG, operator of the Nord Stream 1 and Nord Stream 2 natural gas pipeline systems, has been granted access in the security zones around the ruptured lines.

The Coral-Sul Floating LNG (FLNG) terminal operated by Eni SpA offshore Mozambique has loaded its first cargo, marking a long-awaited debut as European buyers scramble for natural gas sources. The first liquefied natural gas volumes from the Coral-South project were loaded on a BP plc ship; the supermajor has long-term offtake agreements for all production…

U.S. natural gas futures swung on Monday as the market continued to weigh conflicting information about when Freeport LNG might return to service. While Henry Hub ultimately finished higher, a rally earlier in the day fizzled after Bloomberg cited anonymous sources who said the terminal would likely cancel shipments scheduled for November and December. The…

Click here to listen to the latest episode of NGI’s Hub & Flow. NGI Latin America editor Christoper Lenton sits down with Mexico energy expert Rosanety Barrios to talk about Mexico’s natural gas market in light of global turmoil after Russia’s invasion of Ukraine.  Lenton and Barrios discuss how Mexico is now competing for natural…

Shell plc is collaborating with General Electric Gas Power to research methods of adapting LNG turbines to efficiently use 100% hydrogen made with renewable energy in an effort to decarbonize its global liquefaction projects. Shell Global Solutions, the supermajors’ global resource development and liquefied natural gas unit, has signed a framework agreement with GE to…

In the wake of market speculation over the timing of the Freeport LNG terminal’s return to service, and with colder trends over the weekend from one of the major weather models, natural gas futures were trading sharply higher early Monday. The December Nymex contract was up 39.1 cents to $6.270/MMBtu at around 8:55 a.m. ET.…

Natural gas futures rebounded Thursday amid bullish shifts in weather conditions and a lighter-than-expected storage injection — and despite widespread power losses in Florida as Tropical Storm Nicole wreaked havoc on the state’s Atlantic coast as well as inland markets. After plunging more than $1.00 over the two previous sessions – when weather was benign…