LNG

A milder-trending temperature outlook saw natural gas futures reverse lower early Tuesday, paring gains from the previous day. The November Nymex contract was down 7.5 cents to $2.806/MMBtu at around 8:45 a.m. ET. Prices advanced double digits in Monday’s session as liquefied natural gas (LNG) export volumes appeared largely unscathed by last week’s Hurricane Delta…

With Gulf Coast liquefied natural gas (LNG) facilities unscathed by Hurricane Delta, export demand’s quick rebound combined with a chillier forecast to send natural gas futures sharply higher Monday. The November Nymex gas futures contract jumped 14.0 cents to settle at $2.881. December climbed 6.7 cents to $3.271. Spot gas prices also posted stout increases…

Low-cost liquefied natural gas (LNG) is heralding new times for Central America, as the super-chilled fuel displaces costlier and dirtier oil-based products for power generation. Central America has been one of the big losers of the petroleum age, and the region faces huge trade deficits in oil, a leading electricity source for the region along…

Record natural gas production declines and a potential rebound in winter demand could create the tightest market of the past decade, with Henry Hub prices soaring to $5.00/MMBtu if weather is colder than normal, according to Morgan Stanley. Researchers said that the precipitous drop in oil prices has stalled growth in the “free” associated gas…

Further cooler momentum in the latest round of forecast data, against a backdrop of supply disruptions in the Gulf of Mexico (GOM) and in the Northeast, had natural gas futures rallying in early trading Monday. The November Nymex contract was up 16.6 cents to $2.907/MMBtu at around 8:40 a.m. ET. Weather data shifted cooler over…

It will take at least five more years for the global liquefied natural gas (LNG) market to become a fully hedgeable market like oil, said Tellurian Inc. chairman and LNG pioneer Charif Souki in an interview posted Thursday by IHS Markit. The LNG market, which originated decades ago as a point-to-point business with long-term contracts…

Big swings continued for winter natural gas forwards during the Oct. 1-7 period, with forecasts for much tighter supply/demand balances driving prices about 10 cents higher on average for November-March, according to NGI’s Forward Look. Most U.S. markets mirrored the action along the Nymex futures curve, but other factors came into play for several key…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast. Join NGI’s Senior Markets Editor Leticia Gonzales as she explores the inner workings of the U.S. gas market and what could lie ahead for the coming winter season. From storage levels to demand for U.S. LNG, understand what to look for…

Poland has fined Russia’s state-owned Gazprom $7.6 billion and five European companies a combined $61 million for allegedly forming an illegal partnership to build the controversial Nord Stream 2 (NS2) pipeline to bring more Russian natural gas to Europe. Gazprom management told NGI Thursday that the company “fundamentally disagrees” with Wednesday’s decision by Polish anti-monopoly…