Natural Gas News – January 31, 2020

Nat Gas News

A Way to Halt Natural Gas Flaring Arrives on the Back of a Truck

Perched on the back of a semi-trailer is the latest weapon in tackling the problem of wasted natural gas that oil producers often vent into the air or even burn off at the wellhead. Cryobox takes fuel directly from wells and turns it into liquefied natural gas, which is easy to store and transport. For small gas fields uneconomical or too distant to connect to a traditional pipeline network, this small-scale LNG plant is a solution to absorb fuel that would otherwise be wasted. That also makes it a way to prevent greenhouse gas emissions that contribute to global warming and solve a growing problem for the industry. Wherever oil is produced, gas often follows. If there aren’t enough customers to take it away, the gas is often treated as a waste product and either burned off at the wellhead or allowed to escape into the air—flared or vented in the jargon of the industry. For more on this story visit or click

Corning Natural Gas Holding Corporation Increases Dividend for Eleventh Consecutive Year 

Corning Natural Gas Holding Corporation’s (Other OTC: CNIG) Board of Directors declared a common stock dividend for holders of record March 31, 2020. The common stock dividend of $0.1525/share, which is equal to an annualized rate of $0.61/share, is an increase of 5.2 % from the annualized rate of $0.58/share in 2019. “This is the 11th consecutive year the company has increased its dividend since reinstituting the cash dividend payment in 2009,” stated Mike German, CEO for the Company. The board also approved its 6% Series A Cumulative Preferred Stock and Series B Convertible Preferred Stock dividend for shareholders of record on March 31, 2020, payable on or about April 14, 2020. CNGHC is the parent company of Corning Natural Gas Corporation and Pike County Light and Power. CNGHC also owns 50% of Leatherstocking Gas Company and Leatherstocking Pipeline Company. For more on this story visit or click


Natural Gas News – January 24, 2020

Nat Gas News

U.S. LNG Booms As Natural Gas Prices Crash

Natural Gas Intel reported: Despite the current oversupply and depressed natural gas prices all over the world, the global liquefied natural gas (LNG) market is set for further growth, at least into the middle of this decade, as suppliers sanction new projects and major buyers ramp up imports. Last year, Australia beat Qatar to become the world’s largest LNG exporter, in one of the milestones in the industry in 2019, IHS Markit said in a new report. Yet, Australia will likely keep that title for just a couple of years, before the United States becomes the world’s biggest LNG producer in 2023. This development shows how the LNG industry has evolved over the past half-decade and how the surge in U.S. natural gas production and export capacity expansion is upending the market. For more on this story visit or click

The Rise of Distributed Natural Gas Generation

Power Magazine reports: The power sector has increasingly turned to various forms of distributed generation to meet growing power demands over the past several decades. Although solar PV and other renewable technologies receive most of the coverage, they represent only a fraction of the distributed market. Diesel generator sets (gensets) have long been the face of distributed generation. However, as a result of various factors, including increasingly stringent environmental regulations and cheap natural gas, the market is opening to other technologies. The main beneficiaries of this market shift are natural gas-powered technologies, such as natural gas gensets,
fuel cells, and microturbines, otherwise known as distributed natural gas generation (DNGG) technologies. Navigant Research, a Guidehouse company, expects the DNGG market to reach $6 billion in annual revenue and roughly 18,000 MW of annual capacity additions by 2028. The key market driver for DNGG technologies is demand for compact, resilient, dispatchable power—a phenomenon that has remained relatively constant for many decades. Overall, the demand for distributed reliable power is growing globally. For more on this story visit or click

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