Natural Gas News – September 27, 2022
Natural Gas News – September 27, 2022
LNG Will Never Do Without You – Louisiana Gas Pipeline
The battle to restore energy reliability in Europe has breathed new life into North American LNG export projects — and into the Haynesville Shale in Louisiana, the closest supply basin to many of the planned and proposed liquefaction facilities. Gas production in the region has climbed more than 4 Bcf/d — an impressive 39% — since 2019 and we expect it to grow nearly as much over the next three years. The big question on everyone’s mind, however, is whether there will be enough pipeline capacity to move that gas to where it’s needed on the coast. Pipeline capacity for southbound flows through the Bayou State is already showing signs of stress. Will recently completed and upcoming debottlenecking projects help stave off major supply and pricing disruptions? In today’s RBN blog, we provide our outlook on Haynesville… For more info go to https://bit.ly/3SBeViN
Germany Nationalizes Its Biggest Natural Gas Importer
Mozambique is finally joining the ranks of liquefied natural gas (LNG) exporting countries, with the first shipments from ENI’s Coral-Sul 3.4m tonnes/year (t/y) floating LNG project due imminently. But any celebrations over that landmark will be tempered by continuing uncertainties over the future of much larger onshore LNG projects, whose development have been disrupted by violent unrest. Coral-Sul, located safely offshore with its production facility brought in pre-built from South Korea, was supposed to be the low-risk precursor to two more ambitious onshore projects planned for the Afungi peninsula in northern Mozambique. The region is adjacent to the country’s substantial offshore gas reserves, which are estimated at some 100 trillion cubic feet, the third largest in Africa after… For more info go to https://bit.ly/3rcQRHu
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