Cold Snap Roiled Gas Market
The February cold snap that pushed liquefied natural gas (LNG) prices to record highs is also roiling liquid petroleum gas (LPG), leading to shortages of the gas that’s used for heating and cooking as well…
Tagged: LNG
Loan Approved For LNG Plant
Venture Global LNG, a U.S. liquefied natural gas (LNG) export project developer, said it has secured a $220 million bridge loan from with Morgan Stanley Senior Funding Inc. and associated lenders. Proceeds will be used…
World Markets Racing For LNG
Liquefied natural gas (LNG) is playing an increasingly important role in the global energy mix, driven by its environmentally friendly characteristics, versatility and relatively cheap price. LNG is perceived as a transition fuel that can…
Gas Glut Creating Mixed World Market
Surging production of U.S. liquefied natural gas (LNG) and slower growth of demand in Asia this year could leave companies that have committed to long-term purchase contracts struggling to find markets, analysts say. Over the…
Consolidation Reshaping LNG Sector
The recent geographical developments in the liquified natural gas (LNG) industry are occurring at a time of consolidation. The $53 billion combination of Royal Dutch Shell and BG Group has created the world’s largest LNG…
Natural Gas Usage to Grow, EIA Report Says
U.S. natural gas market trends from 2018 are expected to continue this year into 2020, including relatively stable Henry Hub natural gas prices and increasing natural gas production and exports, according to the U.S. Energy…
Exxon, Qatar Plan $10 Billion Gas Plant
Exxon Mobil is making a big bet on the future of exporting natural gas. Exxon and Qatar Petroleum announced they will go ahead with a $10 billion project to export liquefied natural gas from a…
Future bright for natural gas, EIA says
U.S. Energy Information Administration (EIA) just released its Annual Energy Outlook (AEO), and it contains more than a little good news for the natural gas industry. AEO is the federal government’s official energy forecast covering…
Pivotal LNG Signs Contract With NASA Flight Center
Pivotal LNG delivering LNG to NASA Pivotal LNG made its first delivery of liquefied natural gas (LNG) to the National Aeronautics and Space Administration (NASA) after earning the award to serve NASA’…
U.S. becoming major LNG exporter
U.S. exports of liquefied natural gas (LNG) reached 1.94 billion cubic feet per day (Bcf/d) in 2017, up from 0.5 Bcf/d in 2016. As LNG exports increased, shipments went to more destinations. U.S. LNG…
