Articles tagged natural gas exports

Natural gas futures on Monday advanced for a third consecutive session as export activity improved and forecasts advertised stronger cooling demand over the dog days of summer in August.

Traders over recent sessions fixated on rising natural gas production estimates and a government inventory print that exceeded market expectations. This cut off a late-spring price rally over the past week.

As negotiations with Russia for regional export projects have failed, Turkey is working with other partners and moving forward on plans to form a regional natural gas export hub. 

A roundup of news and commentary from the global gas market

European and Asian natural gas prices fell Monday as supply constraints eased, mainly at Freeport LNG on the upper Texas coast, which has restarted one of its three trains.

Argentina’s vast natural gas resources would only be fully developed with an LNG export facility, according to experts who spoke at a recent energy conference.

Operations at Freeport LNG could be ramping up again after more than a week of near-zero gas flows to the Texas facility drove speculation that multiple trains were offline, according to pipeline and vessel data.

Global natural gas prices were stable Monday despite Iran’s unprecedented attack on Israel as the market assessed whether a broader conflict could break out in the Middle East. 

Federal regulators have authorized partial service to start on a small stretch of the pipeline that would feed natural gas to the Golden Pass LNG export project under construction south of Port Arthur, TX.

LNG cargoes continue to flow to Asia as injections get underway in Europe, where the market is well stocked and demand is low.