Natural Gas News – November 11, 2021
Natural Gas News – November 11, 2021
Summit spotlights benefits of alliances between LNG industry, community
Lake Charles Mayor Nic Hunter praised the LNG industry’s role as partners in initiatives that improve the Lake Area quality of life and pushed for an increased “physical footprint.” Bechtel and Chenier representatives talked about workforce training, and two McNeese State University students were in the spotlight at the 18th World LNG & Gas Series: Americas Summit. The summit was held at the Golden Nugget in Lake Charles last week, drawing more than 1,000 participants and 400-plus delegates. The conference was “designed to explore the relationship in the synergies between Liquified Natural Gas (LNG) in the community and its educational facilities,” said session moderator Jim Rock, Lake Area Industry Alliance executive director. Hunter said more gets accomplished when private industry, government, and non-profit,… For more info go to https://bit.ly/3c1QWWL
U.S. natgas output to rise, demand to ease in 2021 -EIA
U.S. natural gas production will rise to a record high in 2021 after falling last year as the pandemic stifled demand, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. The EIA projected dry gas production will rise to 93.34 billion cubic feet per day (bcfd) in 2021 and 96.69 bcfd in 2022 from 91.49 bcfd in 2020. That compares with an all-time high of 92.87 bcfd in 2019. The agency also projected gas consumption would slide to 83.03 bcfd in 2021 before rising to 83.06 bcfd in 2022 from 83.25 bcfd in 2020. That compares with a record high of 85.29 bcfd in 2019. If the outlook is correct, 2021 would mark the first time consumption falls for two years in a row since 2006. The EIA’s projections for 2021 in November exceeded its October forecast of 92.55 bcfd for … For more info go to https://reut.rs/3krGDA7
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