LNG

NextDecade Corp. said Monday it now expects to make a final investment decision (FID) on its Rio Grande liquefied natural gas (LNG) export project on the South Texas coast next year as the Covid-19 pandemic continues to upend energy markets.

Kinder Morgan Inc. has confirmed that a fire broke out May 11 in a mixed refrigerant compressor at its Elba Island liquefied natural gas (LNG) facility in Georgia, forcing it to shut down three liquefaction units that remain offline.

Faced with a massive decline in liquefied natural gas (LNG) demand and a slow reopening of the economy amid the coronavirus pandemic, natural gas forward prices collapsed during the May 7-13 period, NGI’s Forward Look data show.

U.S. liquefied natural gas (LNG) deliveries to China are steadily increasing following a preliminary agreement earlier this year to ease trade tensions, but the deal is now seen in jeopardy given the economic impacts of Covid-19 and the pandemic’s role in souring diplomatic relations between the countries.

LNG Ltd. (LNGL) said Tuesday it plans to sell its interest in a proposed liquefied natural gas (LNG) export project in Lake Charles, LA, to Global Energy Megatrend Ltd. for $2.25 million.

Despite erratic swings throughout the week, natural gas forward prices eventually stabilized as the calendar flipped to May as states across the country started to reopen amid the coronavirus pandemic.

The number of likely cargo cancellations at U.S. liquefied natural gas (LNG) export facilities this summer continues to grow as global gas prices remain at historic lows and the cost of sending American gas overseas appears uneconomic through at least October.

Affiliates of Pembina Pipeline Corp. have turned to FERC to jump-start the beleaguered Jordan Cove liquefied natural gas (LNG) export project, arguing that Oregon took too long to issue a key approval that the proposed terminal needs to move ahead with development.

While some liquefied natural gas (LNG) and Mexican operations have been slowed, Sempra Energy’s U.S. utilities helped carry the energy infrastructure holding company to increased profits in 1Q2020.