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Are U.S. LNG Exports Leading to Higher Prices? Yes, Say Consumer Advocates

Are U.S. LNG Exports Leading to Higher Prices? Yes, Say Consumer Advocates

Framed around projections that U.S. consumers could be hit with higher heating bills this year, advocacy groups are renewing the message that expanding U.S. liquefied natural gas (LNG) exports are part of the problem. The nonprofit Institute for Energy Economics and Financial Analysis (IEEFA) is highlighting natural gas price fluctuations from last year in a…

January 26, 2022
We Energies Moving Ahead With LNG Peak Shaving Facilities in Wisconsin

We Energies Moving Ahead With LNG Peak Shaving Facilities in Wisconsin

CB&I has been tapped to build two liquefied natural gas (LNG) storage tanks for peak shaving facilities under development in southeastern Wisconsin, where demand has increased for incremental firm deliveries.  Utility We Energies is developing the small-scale LNG terminals to better meet natural gas demand on the coldest days of the year and cut its…

January 25, 2022
Sempra Amends Cameron LNG Plans to Reduce Emissions, Improve Efficiency

Sempra Amends Cameron LNG Plans to Reduce Emissions, Improve Efficiency

Sempra has officially filed an amendment with FERC to change the scope of its Cameron liquefied natural gas (LNG) expansion project in Hackberry, Louisiana. The newly filed amendment, No. CP22-41, with the Federal Energy Regulatory Commission makes good on plans executives with Sempra – formally Sempra Energy– have been outlining since last summer. In a…

January 25, 2022
Latin America Playing ‘Disruptive’ Role in Global LNG Market on Drought-Driven Demand Swings

Latin America Playing ‘Disruptive’ Role in Global LNG Market on Drought-Driven Demand Swings

Although headlines on current tightness in the global natural gas market have mostly focused on Europe, Latin America has played a role in the crisis as well, according to Columbia University’s Luisa Palacios. Palacios, a senior research scholar at Columbia’s Center on Global Energy Policy, spoke to NGI’s senior Mexico and Latin America editor Christopher…

January 24, 2022
European Natural Gas Prices Surge on Rising Geopolitical Tensions – LNG Recap

European Natural Gas Prices Surge on Rising Geopolitical Tensions – LNG Recap

European natural gas prices surged Monday as the supply concerns that have plagued the market this winter are deepening amid ongoing tensions between Russia and Ukraine. The Title Transfer Facility (TTF) gained across the curve, moving higher along with the Japan-Korea Marker (JKM). Buyers in Asia are slowly returning to the spot market. Additionally, two…

January 24, 2022
Natural Gas Flows to Calcasieu Pass LNG Reach New Highs

Natural Gas Flows to Calcasieu Pass LNG Reach New Highs

Venture Global Inc.’s Calcasieu Pass liquified natural gas (LNG) terminal in Cameron Parish, LA, has seen flows balloon to new highs as it continues to inch toward a predicted start-up this year. NGI’s U.S. LNG Export Flow Tracker showed feed gas deliveries on Friday were nominated at 87.28 MMcf. Flows through the TransCameron Pipeline have…

January 24, 2022
EPA Petitioned to Deny Tellurian’s Driftwood LNG Operating Permit

EPA Petitioned to Deny Tellurian’s Driftwood LNG Operating Permit

The Sierra Club has filed a petition on behalf of a coalition of Louisiana environmental groups requesting the Environmental Protection Agency (EPA) deny Tellurian Inc.’s Title V operating permit request for the proposed Driftwood liquified natural gas (LNG) terminal. In the petition filed last week, the Sierra Club argued that the company’s permit for the…

January 24, 2022
LNG’s Latin American Growth – Listen Now to NGI’s Hub &Flow

LNG’s Latin American Growth – Listen Now to NGI’s Hub &Flow

Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which NGI’s Mexico & Latin America editor Christopher Lenton sits down with senior research scholar Luisa Palacios of the Center on Global Energy Policy at Columbia University. They discuss what is driving soaring liquefied natural gas demand (LNG) in Latin…

January 24, 2022
TC’s NGTL Rejected in Bid for LNG Canada Toll Discounts

TC’s NGTL Rejected in Bid for LNG Canada Toll Discounts

TC Energy Corp. has lost a bid to use a toll discount to gain high-volume pipeline traffic for liquefied natural gas (LNG) exports by the Royal Dutch Shell plc-led terminal under construction on the northern Pacific coast of British Columbia (BC). The Canada Energy Regulator (CER) rejected the bargain rate sought by TC subsidiary Nova…

January 24, 2022
Natural Gas Futures Slide as Traders Eye Milder February Temps

Natural Gas Futures Slide as Traders Eye Milder February Temps

Eyeing a February warm-up, traders shrugged off signs of tight balances in the interim to send prompt month natural gas futures lower early Monday. The February Nymex contract was off 4.5 cents to $3.954/MMBtu at around 8:45 a.m. ET. March, meanwhile, was trading close to even at $3.780. Trends from the major weather models were…

January 24, 2022