LNG

A roundup of news and commentary from NGI’s LNG Insight An unplanned outage at Norway’s Sleipner natural gas field in the North Sea continued Wednesday.  Norwegian transmission system operator Gassco said the outage is expected to end by Friday (July 15). Another unplanned outage at the Nyhamna processing facility that’s also impacted gas exports to…

Russia’s Gazprom PJSC said in a Wednesday statement it currently had no indication vital equipment for its Nord Stream 1 (NS1) pipeline would be returned from Canada, potentially reversing hopes of a quick restoration of natural gas capacity for Europe. A gas turbine engine from one of NS1’s compressor stations (CS) has been under maintenance…

Tellurian Inc., which has since its inception buoyed its Lower 48 natural gas portfolio to feed its proposed export project in Louisiana, on Wednesday gobbled up more producing wells and infrastructure in the Haynesville Shale. Subsidiary Tellurian Production LLC (TPC) agreed to purchase a package of assets from privately held EnSight IV Energy Partners LLC…

Driven by upstream activity tied to LNG export projects, production of natural gas liquids (NGL) in the gassy Montney Shale has seen a recent boost, according to the U.S. Energy Information Administration (EIA).  In its latest analysis of Canada’s energy commodities, EIA projected the country’s oil production to grow this year and into 2023.  Factors…

Woodfibre LNG, the second Canadian liquefied natural gas project to enter construction, awarded a contract Tuesday for an all-electric export terminal on the Pacific coast of British Columbia (BC). Siemens Energy Canada won the order with a design that would use power from provincial government-owned BC hydro dams to run all Woodfibre gas refrigeration to…

Natural gas futures seesawed in trading Tuesday, jumping early on signs of waning production and strong cooling demand before dropping off as the day wore on amid a broader commodity selloff. The August Nymex gas futures contract ultimately settled at $6.163/MMBtu, down 26.3 cents day/day. September fell 29.8 cents to $6.021. A day earlier, the…

A unit of Shell plc has signed a sales and purchase agreement (SPA) for 2.6 million metric tons/year (mmty) of offtake from Mexico Pacific Ltd. LLC’s (MPL) LNG export terminal on Mexico’s Pacific Coast. Envisioned for Puerto Libertad in Sonora State, the terminal’s first two trains would have a combined liquefaction capacity of 14.1 mmty,…

European natural gas prices seesawed again Tuesday, jumping on news that leaks at a Norwegian gas field would cut more than 2 Bcf/d of supplies for the continent until they’re fixed. The issues are expected to be resolved quickly, but European gas markets are on edge after Russia’s Nord Stream 1 pipeline was taken offline…

Colombia might need to up imports of natural gas in the years ahead, especially if its new president plans to end oil and gas rounds. Recently imports have been filling the gap between domestic natural gas production and domestic demand. In 2020, 399 Bcf of dry natural gas was produced in Colombia, and 413 Bcf…