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US ethane production, consumption, and exports expected to increase through 2018

in 2018 according to EIA’s latest Short-Term Energy Outlook (STEO). Increased ethane production... in domestic consumption and exports of ethane are expected to support higher ethane prices relative to natural gas prices, which will encourage more ethane recovery from raw natural gas. Ethane is used almost... to other feedstocks. EIA expects US ethane consumption to increase by 310,000 bpd (26%) between the first...

U.S. natgas prices up 1% as hot weather boosts cooling demand

and businesses crank up their air conditioners to escape the latest heat wave. The current record was hit...

U.S. regulator finds unsafe conditions at Freeport LNG export facility

natural gas has sharply cut domestic prices. On Thursday, prices for August delivery fell 7% to $6.050 per MMbtu with the contract on track for a monthly drop of 26%. (Reporting by Gary McWilliams)...

U.S. propane inventories are well stocked heading into the winter heating season

September 26, U.S. propane inventory was 103 MMbbl, about 13 MMbbl more than the previous five-year... for the week ending September 26, about 21% higher than the five-year average. In the Midwest, where.... Inventory levels affect prices. Propane spot prices on the U.S. Gulf Coast have declined largely... Belvieu, Texas, averaged $0.70 per gallon in the week ending September 26, or $0.19 per gallon lower...

Asia spot LNG prices notch up amid spot buys, easing Japan inventories

(Reuters) - Asian spot LNG prices rose $1 this week due to buying activity by China and India, easing inventory levels in Japan and higher oil prices. The average LNG price for November delivery..., GAIL, issued a tender seeking an LNG cargo for October delivery. "The support in Asian prices was due to a combination of factors including the latest LNG buying activity from Unipec and GAIL...

India’s Reliance mulls sale of US shale gas investments as prices slump

that earnings from its shale assets fell in the latest quarter as natural gas prices slumped. Hydraulic fracturing has opened up reserves from Texas to North Dakota, causing prices to fall 54% from the five-year...

Study: US LNG exports seen as big gain for Asian prices, small loss for US

billion cubic feet of US gas by 2040 may cut prices in the Asia-Pacific market by 73 cents/MMBtu, while increasing US prices by a mere 17 cents in the same period, according to the study authored... prices, the shipments would be “marginally positive” for the US economy because of bigger profits... to alleviate the glut. “As exports increase, the spread between US domestic prices and international...

US LNG exports to Europe increase amid declining demand and spot LNG prices in Asia

of 4.7 billion cubic feet per day (Bcf/d) in May 2019, according to the latest data published... and Asian spot natural gas prices led to increased volumes of U.S. LNG exports delivered to Europe. Europe’s... global spot LNG and natural gas prices, and the tariff made LNG imports from the United States...) in the Netherlands) and Asian spot LNG prices (including Japan LNG spot prices) have affected the flow...

U.S. natgas prices drop 6% to 2-week low on big storage build, less heat

decline in August since 2006. With the latest build, gas stocks were still about 13% above normal... close since Aug. 6. In the spot market, pipeline constraints caused next-day gas prices at the Waha hub... this year. Waha prices first averaged below zero in 2019. It happened 17 times in 2019, six in 2020 and once in 2023. Supply and demand. Producers increase and decrease output in reaction to prices...

Europe's mild winter leaves gas stocks at record high

prices are not vastly higher than the pre-crisis average for 2011-2020 of 26 euros once adjusted... pushed futures prices back to pre-crisis levels once inflation is taken into account. The supply... as well as smart. High prices and government policies to reduce gas and electricity consumption have... energy supplies. Since October 2023, futures prices have declined steadily to encourage more consumption...

Argentina cuts red tape to spur gas exports

BUENOS AIRES, July 26 (Reuters) - Argentina will sharply cut the approval process for gas exports, the energy ministry said on Friday, as the country looks to ramp up developments of its huge unconventional Vaca Muerta shale play and become a net energy exporter. The resolution, published... and the fourth for unconventional oil. A drop in investments in the sector, linked to a freezing of gas prices...

Canadian LNG plant selects contractor, edges closer to reality

Gas Corp and Mitsubishi Corp. The project, a massive four-train plant that would produce up to 26... of the richest gas fields in the world in Northern Alberta and British Columbia, but face depressed prices due...

U.S. LNG exports set a record in November

During the summer of 2020, monthly exports of liquefied natural gas (LNG) from the U.S. were the lowest in 26 months but have since increased, and in November, estimated LNG exports surpassed the previous record set in January 2020. In the December 2020 Short-Term Energy Outlook, the U.S. Energy... contributed to the increase in U.S. LNG exports in recent months. International natural gas and LNG prices...

India plans first East Coast floating LNG terminal at Kakinada

of Andhra Pradesh government and GAIL, GDF Suez and Shell, will have 48%, 26% and 26% equity in the project...

BP T&T’s first LNG cargo passes through expanded Panama Canal

Shipping left Atlantic LNG at Point Fortin July 26, 2016 with its cargo destined for Mexico... was officially opened June 26, 2016. The Expanded Canal (referred to as post-Panamax) can now...