LNG

U.S. natgas prices ease 1% to three-week low on mild forecasts

U.S. natural gas futures eased about 1% to a three-week low on forecasts for milder weather over the next two weeks than previously expected, ample gas in storage and expectations gas flows to LNG export plants would remain low through May due to outages at Freeport LNG's plant in Texas.

LNG growth to be met by other countries if U.S. walks away -Baker Hughes CEO

If the U.S. pulls back from permitting new LNG export plants, demand for the fuel will still be met from projects in Qatar, Argentina and Africa, said the CEO of Baker Hughes, Lorenzo Simonelli.

Trinidad seeks U.S. license for bp gas project shared with Venezuela

The government of Trinidad and Tobago has begun talks with the U.S. for a license that would allow the joint development of a natural gas project shared with Venezuela that also involves bp.

Lower LNG prices trigger surge in Asian spot market purchases

Price-sensitive LNG buyers from China, India and parts of Southeast Asia are snapping up more spot shipments of the fuel to power industries and generate electricity after prices have fallen to the lowest level in nearly three years.

German Stade LNG hub agrees on land-based terminal from 2027

Backers of the LNG terminal in Germany's Elbe river port of Stade have taken a final decision to build a land-based terminal from 2027, costing around $1.1 B.

Venture Global approved to re-introduce hazardous fluids at Louisiana (U.S.) LNG plant

U.S. LNG company Venture Global LNG received U.S. regulatory approval to re-introduce hazardous fluids into "HRSG 372" at the company's Calcasieu Pass LNG export plant in Louisiana.

Freeport LNG plans to raise production 10% by June

Freeport LNG said that it will increase its production of LNG at its Texas (U.S.) facility by June and is working on installing additional compressor capacity across its three trains.

Freeport LNG says Trains 1, 2 at Texas (U.S.) facility seen shut until May

Freeport LNG said its Train 2 liquefaction unit at the Texas plant has been shut down, while Train 1 will be taken down imminently as it expects inspections and any subsequent repairs at both the units to be completed by May.

Natural gas intrastate pipeline capacity additions outpaced interstate additions in 2023

In 2023, 5.2 Bcfd of natural gas intrastate pipeline capacity was added in the U.S., according to EIA's recently updated Natural Gas Pipeline Projects Tracker and are within a single state and are regulated by state agencies.

Petronas starts construction of floating LNG facility for Argentina

Malaysia's state energy firm Petronas has begun the construction of a floating LNG processing unit to be placed off the coast of Argentina, which aims to begin exports by 2027.

Global LNG market will 'be tight' until 2026 - TotalEnergies CEO

The global LNG market will be tight until 2026, Patrick Pouyanne, CEO of TotalEnergies, said at a conference in Houston.

Europe requires greater infrastructure to cut reliance on Russian gas

Europe will need to come up with more infrastructure if it is to replace Russian gas as thoroughly has it has crude oil, oil and gas executives said at an energy conference.

CERAWeek - Lower LNG prices should boost gas demand, executives say

LNG prices have fallen about a third over the past nine months, propping up demand, which should tighten the LNG market in the near-term, executives said at the CERAWeek energy conference.

Ukraine has no plan to extend Russian gas transit deal

Ukraine said it does not plan to prolong a five-year deal with Russia's Gazprom on the transit of Russian gas to Europe or to sign another one.

Venture Global LNG to buy fleet of vessels

Venture Global LNG said it would acquire a fleet of nine LNG transport vessels, expanding its ability to sell and ship its own cargoes.

LNG developer Tellurian to explore sale among other options, CEO steps down

Tellurian said it was looking at all options, including a potential sale, and that CEO Octavio Simoes had stepped down from his role, amid the LNG developer's efforts to keep its Driftwood export project alive.

Germany's Stade LNG terminal to receive first vessel

Germany's LNG terminal in the Elbe river port of Stade expects its first floating regasification vessel to arrive, the state-appointed manager of regasification terminals said.

Germany builds up LNG import terminals

Germany's Elbe river LNG port at Stade expects its first floating regasification vessel to arrive, shortly after the first arrival of LNG at the Baltic Sea terminal of Mukran.

Venture Global LNG asks U.S. energy regulator to keep documents confidential

LNG exporter Venture Global LNG delivered to U.S. regulators a proposed protective order seeking to keep documents on the construction of a Louisiana export facility confidential.

U.S. natgas prices rise 8% on larger-than-expected storage withdrawal

U.S. natural gas futures rebounded from an early two-week low to gain about 8% after a weekly report showed a larger-than-expected storage withdrawal.

TC Energy to sell Prince Rupert pipeline project to Ksi Lisims LNG partners

TC Energy has agreed to sell its Prince Rupert natural gas pipeline project to two partners in Ksi Lisims LNG, a proposed Canadian export terminal.

Technip Energies, JGC, and NPCC got limited approval for ADNOC’s Ruwais LNG Project in the UAE

Technip Energies, leader of a joint venture with JGC and NPCC, have received a Limited Notice To Proceed from ADNOC to commence early engineering, procurement and construction activities at the Ruwais low-carbon LNG project, located in Al Ruwais Industrial City, Abu Dhabi.

U.S. asks Venture Global LNG to justify filing of confidential documents

The Federal Energy Regulatory Commission asked LNG developer Venture Global LNG to explain the basis for its extensive filing of confidential documents in its Calcasieu Pass LNG export terminal.

Softer spot LNG prices see demand gain, contrast with contract pain

Lower spot prices for LNG in Asia have yet to drive a significant boost in demand for the super-chilled fuel, although there is an increase in appetite from price-sensitive buyers such as India and China.

China's Unipec wants say in Venture Global LNG's extension request

Chinese state-owned energy trader Unipec asked U.S. regulators for a chance to intervene in a request from LNG developer Venture Global LNG to extend the commissioning period for its Louisiana export project.

Freeport LNG's feedgas usage falls again

Feedgas intake at the second largest U.S. LNG plant has fallen by almost half over the last week

NextDecade targets Train 4 final investment decision at Texas (U.S.) LNG facility in H2 2024

NextDecade said it was targeting a final investment decision and plans to start construction of the fourth liquefaction train at its Rio Grande LNG facility in Texas by the second half of 2024.

ADNOC issues early EPC award for Ruwais LNG Project

ADNOC announced that it has issued a Limited Notice to Proceed for early engineering, procurement and construction activities to a joint venture, led by Technip Energies, with JGC Corporation and National Petroleum Construction Company PJSC for its low-carbon LNG project in Al Ruwais Industrial City, Abu Dhabi.

Major European energy companies ask U.S. regulators to deny Venture Global LNG's permit extension

Top European energy companies asked U.S. regulators to reject Venture Global LNG's request for a one-year construction permit extension to its Louisiana (U.S.) export plant.

Japan spot LNG contract price for February not disclosed

The average contract price for spot LNG cargoes for shipment to Japan last month was not disclosed by state-owned Japan Oil, Gas and Metals National Corporation.