While domestic liquefied natural gas (LNG) developers touted increased exports as a means of improving the country’s trade balance with China, industry experts told members of the U.S. Senate they have major concerns that business dealings with Beijing could undermine U.S. economic security.
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NatGas Futures Called Higher as Gulf Coast Braces for TS Barry
As Tropical Storm Barry loomed over the Gulf Coast and its energy infrastructure early Friday, the natural gas futures market was left to weigh the net effect of losses to both production and demand. The August Nymex futures contract was trading 3.2 cents higher at $2.448/MMBtu shortly after 8:30 a.m. ET.
NGI The Weekly Gas Market Report
KLAW, Dutch Shell Expanding LNG Bunkering Opportunities with Hose Transfer System
Signum Technology Group’s KLAW LNG and Royal Dutch Shell plc have engineered and conducted a ship-to-ship hose transfer system (HTS) bunkering operation using the liquefied natural gas (LNG) bunker vessel Cardissa.
NGI The Weekly Gas Market Report
Goldboro LNG Project Delayed Until September 2020
A European sales contract deadline for a firm construction commitment by the proposed first Canadian east coast natural gas export terminal, Goldboro LNG, has been postponed until the end of September 2020.
NGI The Weekly Gas Market Report
Venture Global Adds Backing for Gulf Coast LNG Export Projects
I Squared Capital has dished out $460 million to move along massive liquefied natural gas (LNG) export projects being developed along the Gulf Coast by Venture Global LNG.
NGI The Weekly Gas Market Report
Freeport LNG Inches Forward with Latest FERC Approval; Total, Tellurian Clinch Deal
Progress continues in bringing online the third liquefied natural gas (LNG) export facility along the Gulf Coast after federal authorities approved some commissioning activities at Freeport LNG.
NGI The Weekly Gas Market Report
Global FLNG Capacity Forecast to More than Double by 2022
Floating liquefied natural gas (FLNG) capacity in the next three years is predicted to more than double globally, as projects on both coasts of Africa and a second Malaysian export facility have been sanctioned for investment, Fitch Solutions said in a report Thursday.
Federal Regulators Issue Stern Warning to Cheniere Over Shuttered Storage Tanks
Federal regulators, unsatisfied with Cheniere Energy Inc.’s progress in completing a list of corrective measures following the mandated shutdown of two liquefied natural gas (LNG) storage tanks in early 2018, told the leading U.S. exporter that neither tank would be allowed to return to service until the previously agreed upon actions were completed.
Australia Preparing for Possible Domestic Natural Gas Shortage
With more of its bountiful natural gas destined for Asia-Pacific markets, leaving less for domestic use, Australia Pacific LNG (APLNG) last week agreed to provide 16.2 petajoules (PJ) of natural gas to the country’s manufacturing market.
NGI The Weekly Gas Market Report
Woodfibre LNG Secures Facility Approval from BC Commission
Sanctioning has taken another step forward for what would be the second liquefied natural gas (LNG) export terminal on Canada’s west coast under a facility approval granted by the British Columbia Oil and Gas Commission.