Europe’s Russian LNG Imports Again on the Rise
Despite efforts to ban Russian natural gas imports, Europe has been taking in more of it as higher spot prices in the Pacific Basin in recent weeks have drawn more American supplies toward Asia.
Despite efforts to ban Russian natural gas imports, Europe has been taking in more of it as higher spot prices in the Pacific Basin in recent weeks have drawn more American supplies toward Asia.
NO. 1: Cheniere Energy Inc. expects to produce first LNG at its Corpus Christi LNG (CCL) expansion project in South Texas by the end of this year. The company also is planning to introduce natural gas to Train 1 in two months, management said Thursday.
NO. 1: The Freeport LNG Development LP terminal on the upper Texas coast remained offline on Thursday for the fifth day in a row since it was shuttered on Sunday ahead of former Hurricane Beryl.
NO. 1: The Biden administration has rejected a proposal from House Speaker Mike Johnson (R-LA) to tie a national security package to a temporary pause on new LNG export authorizations.
The latest round of U.S. sanctions against Russian energy assets targeted at the Arctic LNG 2 project is creating uncertainty for Japanese stakeholders.
A roundup of news and commentary from NGI’s LNG Insight
European sanctions are having a “direct impact” to complete services for Russia’s Arctic LNG 2, a major liquefied natural gas (LNG) project in the Far North of the country, Technip Energies’ CEO said Monday.
PAO Novatek, Russia’s largest independent natural gas producer, reported record natural gas sales last year as prices soared and demand jumped as the world recovered from the Covid-19 pandemic.