Nasdaq U.S. liquefied natural gas (LNG) export facilities brought in a record amount of natural gas in the first six months of this year after the Freeport LNG terminal returned to service, the U.S. Energy Information Administration (EIA) said on Monday. Natural gas delivered by pipeline to LNG export facilities, called LNG feed gas, averaged 12.8 billion cubic feet per
BOE Report U.S. liquefied natural gas (LNG) developers are on track to approve three export projects capable of processing 5.1 billion cubic feet per day (bcfd) of gas in the first half of the year, a record volume for new LNG projects in any year. The U.S. became the world’s largest LNG producer by installed capacity in 2022 driven by
Oil Price Exports of liquefied natural gas (LNG) out of the United States dropped by 5% in January compared to December amid higher U.S. demand in colder weather, according to data from Refinitiv Eikon cited by Reuters. U.S. exporters sent out 95 cargoes with 6.84 million tons of LNG on board in January, with Europe getting 68% of those and Asia
Oil Price The U.S. should set a price cap on U.S. LNG going to Europe, as American gas is being delivered to Europe at prices four times higher than the price for domestic consumption, Russian Deputy Prime Minister Alexander Novak said in an interview with Russian state television. “We would advise our US partners to set a certain cap price for the
Yahoo Finance WASHINGTON – Cheniere Energy Inc has asked the Biden administration to exempt it from limits on emissions of cancer-causing pollutants, arguing they would force the top U.S. exporter of liquefied natural gas to shut for an extended period and endanger the country’s efforts to ramp up supplies to Europe, according to documents reviewed by Reuters. The request imposes
World Oil (Bloomberg) — Europe has dethroned Asia as the biggest destination for U.S. liquefied natural gas as the energy-starved region seeks to slash its dependence on Russian supplies. The U.S. sent nearly three quarters of all its LNG to Europe in the first four months of 2022, with daily shipments to the region more than tripling from last year’s
Nasdaq SINGAPORE/NEW YORK, Oct 15 – Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the country’s fuel security, several sources said. At least five Chinese firms, including state major Sinopec Corp 0386.HK and China National Offshore Oil Company (CNOOC) and local
Reuters WASHINGTON – Any French involvement in holding up a multi-billion dollar natural gas deal over environmental concerns could damage the country’s trade ties with the United States, a Republican senator has warned in a letter to French President Emmanuel Macron. Reuters and other media outlets reported last month that the French government asked power group Engie ENGIE.PA to delay signing a
Reuters SINGAPORE – Loadings of liquefied natural gas (LNG) cargoes from the United States are expected to be delayed as a powerful storm strikes at the heart of the U.S. oil and gas industry on the Gulf Coast, forcing several LNG plants to shut. Hurricane Laura made landfall early on Thursday in southwestern Louisiana as one of the most powerful
Reuters NEW YORK – The amount of natural gas flowing on pipelines to U.S. liquefied natural gas export plants is at its lowest levels since August, a signal of weak worldwide demand due to government lockdowns to repress the coronavirus. Worldwide gas prices have plunged to record lows in Europe and Asia as lockdowns squeeze demand. Consumption of liquefied natural
