Natural Gas News – March 23, 2023 Port Arthur Chosen as Site for New $13 Billion LNG Facility It definitely didn’t happen overnight, however, now it’s official. A Sempra affiliated company reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, […]
Natural Gas News – March 21, 2023 Natural Gas, Oil To Remain Top Sources Of Energy In U.S. U.S. natural gas consumption will hold essentially unchanged in the U.S. even as domestic production will climb, making the country a net exporter of natural gas through 2050, a recent outlook has shown. The annual energy outlook […]
Natural Gas News – March 16, 2023 America’s LNG Boom Has Grown Too Big Too Fast Last year, the United States leapfrogged Qatar and Australia to become the world’s largest exporter of liquefied natural gas. This was made possible thanks to the surge in LNG demand from Europe as it urgently sought an alternative to […]
Natural Gas News – March 14, 2023 US NatGas Futures Jump 7% On Rising Flows To LNG Export Plants U.S. natural gas futures jumped about 7% on Monday on forecasts for demand to rise next week with the amount of gas flowing to U.S. liquefied natural gas (LNG) export plants on track to hit a […]
Natural Gas News – March 9, 2023 Top U.S. LNG Exporter Sees Asia Demand Driving Cheniere Energy expects to ship more liquefied natural gas (LNG) to Asia this year, after European customers took the lion’s share of its 2022 cargoes, an official said on Monday. The top U.S. exporter of LNG shipped a total of […]
Natural Gas News – March 7, 2023 Energy Crisis: European Gas Storage Levels At Record Highs Energy costs could come down as European gas storage facilities are expected to end the winter season at a record of more than 50% full. Modeling done by energy consultancy Cornwall Insight suggests gas supplies are secure after concerns […]
Natural Gas News – March 2, 2023 EU Energy Crisis May Lead To $100 Billion In New U.S. LNG Developers of U.S. LNG export facilities could launch $100 billion worth of new plants over the next five years as high prices and the need for energy security create strong momentum for long-term LNG demand and […]
Natural Gas News – February 28, 2023 U.S. NatGas Jumps 7% To One-Month High On Rising U.S. natural gas futures jumped about 7% to a one-month high on Monday on forecasts for more demand this week than previously expected and a drop in output so far this month. In addition to forecasts for colder weather […]
Natural Gas News – February 23, 2023 World’s Largest LNG Bunkering Vessel Completes 1st Ship-to-Ship Bunker The bunkering op was completed on January 18 and it saw the 30,000 cubic meters LNG bunkering ship Hai Yang Shi You 301 (Offshore Oil 301) refuel CMA CGM’s 23,000TEU dual-fuel container ship CMA CGM Concorde at Yantian Port, […]
Natural Gas News – February 21, 2023 UK Remains Top Destination For US LNG Supplies According to the Department of Energy’s newest LNG monthly report, US terminals have sent 69.3 Bcf of LNG to the UK in December, followed by the Netherlands (39.9 Bcf), France (38.3 Bcf), Spain (33.8 Bcf), and South Korea (24.7 Bcf). […]
