Updated Aug 30, 2024
8/30/24
Managing Editor, LNG
Pittsburgh, PA
Repsol SA continues to push U.S. regulators for access to confidential documents filed by Venture Global LNG Inc. detailing the prolonged commissioning process at the Calcasieu Pass export terminal that has delayed commercial operations and the delivery of cargoes under long-term contracts.
China is on track to re-export the highest annual amount of LNG since it started importing the super-chilled fuel in 2006 as the country’s major buyers get more active in the spot market and domestic demand remains weak.
European natural gas prices surged on Monday, lifted by a jump in other commodities and ongoing competition for LNG amid a tightening pool of supplies.
A roundup of news and commentary from NGI’s LNG Insight
Equinor ASA has halted LNG production at its Hammerfest export terminal in Norway to repair a leak only days after work was completed to resolve a separate issue that kept the plant offline for most of May.
Despite slight gains on Tuesday, European natural gas prices continued to trade at some of the lowest levels since April 2021, following eight straight weeks of losses that have more consistently widened the spread to Japan-Korea Marker (JKM) prices.
An affiliate of Shell plc has agreed with state regulators to pay $10 million for a fine and environmental projects in Western Pennsylvania after the company admitted to exceeding emissions limits at its massive ethane cracker outside of Pittsburgh.
U.S. oil and natural gas producers cut methane and overall greenhouse gas (GHG) intensity significantly in 2021, according to the latest analysis of publicly available data by the Clean Air Task Force (CATF) and its partners.
TotalEnergies SE said Tuesday that Mozambique LNG project sponsors would establish a $200 million foundation for socio-economic development in the province of Cabo Delgado to better stabilize the region where the export plant would be located.
A roundup of news and commentary from NGI’s LNG Insight