LNG

Local natural gas distribution companies are showing signs of becoming more collaborative in developing greenfield infrastructure projects, a representative of storage tank specialist Cashman Preload Cryogenics (CPC) said at the LDC Gas Forum Southeast in Savannah, GA last month. Traditionally, a local distribution company (LDC) would own, operate, and invest in greenfield projects, CPC’s Jeff…

As the market weighed signs of production growth against potential storage adequacy concerns heading into the refill season, natural gas futures advanced in early trading Monday. The May Nymex contract was up 8.1 cents to $5.801/MMBtu at around 8:40 a.m. ET. From a technical point of view, the focus remains on whether the May contract…

Gazprom PJSC said Friday it has sent notifications to certain customers requiring payments for natural gas be made in rubles. The state-owned company, Russia’s largest natural gas producer, said on the messaging service Telegram that it was complying with a decree from President Vladimir Putin requiring “unfriendly countries” in Europe to pay in rubles after…

Even with Russia’s war in Ukraine raging, U.S. natural gas forward prices took a step down during the March 24-30 period amid thawing spring temperatures and moderating demand, NGI’s Forward Look showed. Benchmark Henry Hub set the tone for the week, with volatility still heightened as global energy markets continued to respond to Russia’s invasion…

SINGAPORE (ICIS) –The ICIS TTF April ’22 price rose to $38.64/MMBtu on 30 March, 11% up day on day. This is the highest contract price since 11 March. Sharp gains were also seen on the May ’22 contract, which also rose 11% day on day, closing at $38.85/MMBtu.

Sub-Saharan Africa (SSA) is looking to boost its natural gas exports over the next eight years, a supply source that could help supplant the loss of Russia’s imports to Europe. The SSA could expand liquefied natural gas (LNG) exports to 60 million metric tons/year (mmty) by 2025 and to another 74 mmty by 2030, according…

A roundup of news and commentary from NGI’s LNG Insight European natural gas prices fluctuated on Thursday as the market awaited more clarity on whether Russia would require payments for its natural gas deliveries to Europe in rubles. The outlook was clouded after the Kremlin told state news media that “unfriendly countries” could continue to…

Asian buyers and distributors of liquefied natural gas (LNG) are seeing a mix of changes and challenges on the horizon for the region as they work to develop a more connected and flexible market ecosystem. Asia has historically been a favored destination of the super-chilled fuel, but as key players in the industry diversify their…

Sempra Infrastructure and TotalEnergies SE are expanding their “strategic alliance” in North American energy with two agreements, one involving liquefied natural gas (LNG) exports and the other for offshore wind. In the memoranda of understanding (MOU) announced Thursday, the San Diego-based unit of Sempra and the French major TotalEnergies outlined partnerships that intertwine their interests…