Articles tagged LNG

Click here to listen to the latest episode of NGI’s Hub & Flow. Susan Sakmar, a visiting law professor at the University of Houston Law Center and a board member at Flex LNG Ltd., covers the state of the global liquefied natural gas market at the end of summer with NGI’s LNG Managing Editor Jamison Cocklin.

North American natural gas prices have gathered some momentum for the first time in many months amid tighter supply balances.

Natural gas futures kicked off the trading week where the market finished the last – pushing upward on the heels of favorable weather forecasts, lighter supply readings and bullish bets by fund managers.

Construction of Sempra Infrastructure’s Energía Costa Azul (ECA) LNG Phase 1 in Mexico has hit a snag due to what the San Diego, CA-based company called labor and productivity challenges.

Mexico’s nascent LNG market could develop into a major presence in the North American energy landscape, Arthur Deakin, Director of Energy at Americas Market Intelligence (AMI), told NGI’s Mexico GPI.

Natural gas futures probed higher early Friday, supported by favorable weather data and steadily strong cooling demand.

Argentina’s 51% state-owned oil and gas company YPF SA, in partnership with Malaysian national oil company Petronas, have settled on the northern edge of Patagonia for their planned LNG export project.

September natural gas futures were trading higher through midday Tuesday, supported by soaring summer temperatures and Chesapeake Energy Corp. holding the line on production cuts.

Natural gas futures flopped for a fifth straight session amid stout levels of supply and the August contract’s final run at the front of the curve. Futures often fall heading into expiration.

Summer heat in the northern hemisphere and growing LNG demand could be kickstarting a mid-year price hike in global natural gas benchmarks.