Jacob Dick

More than half a year after the Department of Energy (DOE) halted non-free trade (FTA) agreement permits for new U.S. LNG projects, the length of the pause and the potential impacts to the export supply outlook are still pending.

Venture Global LNG Inc.’s CP2 export facility has received the final federal approval, ending a more than 10-month wait for authorization.

Global natural gas buyers are still signing long-term LNG contracts despite cooling market volatility and lower prices.

A 90% interest in Commonwealth LNG, which is developing a proposed 9.3 million metric ton/year (mmty) natural gas export project in Louisiana, has been acquired by a unit of Kimmeridge Energy Management Co.

A roundup of news and commentary from the global gas market

An increasing number of construction-related issues at major LNG projects this year has kept a demand-hungry natural gas market wary of delays, but analysts say price and production forecasts remain mostly intact – so far.

Africa’s largest LNG exporter is moving forward with projects to boost liquefaction capacity and natural gas production with international partners.

No. 1: The European Union (EU) has approved a package of policies around the shipment of Russian LNG to member countries, marking the first official restrictions on natural gas from the country since the war in Ukraine began in 2022.

Golden Pass LNG Terminal LLC told the bankruptcy court handling Zachry Industrial Inc.’s restructuring that construction at its Texas export project could be at risk of “a near complete shut down” unless the firm is swiftly removed.

Despite multiple maintenance and outage events weighing on LNG supply and dwindling storage levels, European natural gas prices were cooling again while Asian buyers kept drawing cargoes.