August 2nd 2022 Why Natural Gas May Be In Store For More Price Gains After a 50% Climb in July Natural-gas futures bucked the trend of pullbacks in commodity prices this month and look to finish July with a 50% gain, the second largest monthly percentage rise on record. Russia has been holding back natural-gas […]
July 28th 2022 How We Called The Record Hot Summer And Explosion In Nat Gas Prices The last time I submitted an article on Seeking Alpha, natural gas (UNG) prices were under pressure from the shut-down of the FreePort, Texas LNG export facility. They were collapsing to below $6.00 a month or so ago. However, […]
July 21st, 2022 Factbox: Could the U.S. Ship More LNG to Europe? The United States, the world’s top natural gas producer, wants to send more liquefied natural gas (LNG) to Europe to help its allies break their dependence on Russian gas after Moscow invaded Ukraine on Feb. 24. But U.S. exports are limited by the […]
July 19th, 2022 LNG Exports Shoot Up in Louisiana, US in 2022 Amid Booming Demand Led by a trio of Louisiana facilities, the United States’ liquefied natural gas export terminals are exceeding their 2021 pace amid growing demand for LNG in natural gas-starved Europe. Collectively, the seven operating LNG export terminals in the U.S. have […]
July 12, 2022 Europe’s Rush to Buy Africa’s Natural Gas Draws Cries of Hypocrisy Near the tip of Nigeria’s Bonny Island, an arrowhead speck of land where the Atlantic Ocean meets the Niger Delta, a giant plant last year produced enough liquefied natural gas to heat half the UK for the winter. Most of it […]
Natural Gas News – July 5, 2022 U.S. Natgas Down 7%; Freeport LNG Outage Leaves More Fuel for Storage For the first time ever, the European Union has imported in June more liquefied natural gas (LNG) from the United States than gas via pipeline from Russia, as Moscow slashed supply to Europe earlier this month, […]
June 30th 2022 Germany Hopes to Import LNG from Canada to Speed Transition Away from Russian fuel German Chancellor Olaf Scholz used a meeting with Canadian Prime Minister Justin Trudeau to push for closer energy ties as his ruling coalition in Berlin races to find alternatives to Russian fossil fuels.Germany hopes to import liquefied […]
June 28th 2022 Buyers Scramble To Lock In Long Term LNG Contracts In 2022 Demand for long-term LNG contracts has increased sharply in the current year, with suppliers taking advantage of robust demand thanks to a global effort to cut Russian imports by demanding much higher rates for new long-term contracts. According to an Oil […]
June 23rd 2022 (003) US LNG Projects Goes Ahead as Long-term Buyers Line Up Mounting concerns over energy security are driving global LNG buyers to sign long-term supply contracts—revitalizing the outlook for US LNG projects that have been under development. With Russia’s invasion of Ukraine exacerbating a tight market for natural gas globally and demand […]
June 21st 2022 Shutdown Extended of Fire-Damaged Texas LNG Export Site Freeport LNG expects partial operation to resume in early September at its $13.5-billion liquefied natural gas plant and export terminal in Freeport, Texas, following a June 8 gas leak-triggered fire and explosion in its piping system. But the firm said it could take until […]
