Natural Gas News – February 7, 2023
Natural Gas News – February 7, 2023
Spain Boosts LNG Port Capabilities But Russian Gas Is In The Mix
Spanish natural gas grid operator Enagas has said that the volume of liquefied natural gas (LNG) vessels loaded in Spain and setting sail for Europe doubled in 2022, year-on-year, with a total of 250 ships loading LNG in Spain. According to Enagas Chief Executive Arturo Gonzalo Aizpiri, “Our plants are contributing very significantly to the energy security of other nations and from the Barcelona plant, especially for Italy,” Enagas CEO Arturo Aizpiri told reporters, as cited by Reuters. The announcement was made on Thursday at the unveiling of a new platform at Enegas’ Barcelona port regasification plant, which is expected to lead to an additional uptick in LNG traffic to Europe. Spain boasts six LNG terminals to supply Europe, with a seventh set to become operational in a matter of weeks. While Europe LNG loading… For more info go to https://bit.ly/3XdtGdI
As Texas Gets Hit with Freezing Temps, Natural Gas Drives Texas Energy Grid
As Texas continues to grapple with winter conditions and about 1% of ` Texans lost power due to icy conditions, statewide, the power, heat, lights and water are on, largely fueled by the Texas natural gas industry. According to ERCOT, the state’s regulatory agency that manages the power grid, natural gas is keeping the power on in Texas. It’s Fuel Mix report, which breaks down energy generation by resource type, shows the majority of energy produced comes from natural gas. At midnight Feb. 1, for example, solar and hydro accounted for 0% of energy generated. Wind generated 7%, coal and lignate accounted for 19%; nuclear, 9%. The majority of electricity generated came from natural gas: 66%.… For more info go to https://bit.ly/3YbMQC1
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