LNG Archives

U.S. LNG exports set consecutive monthly records of 9.4 Bcf/d in November and of 9.8 Bcf/d in both December 2020 and January 2021, according to EIA’s estimates based on the shipping data provided by Bloomberg Finance, L.P. EIA forecasts that U.S. LNG gross exports will average 9.7 Bcf/d in February 2021 before declining to seasonal lows in the shoulder months of the spring and fall seasons. EIA forecasts LNG exports to average 8.5 Bcf/d in 2021 and 9.2 Bcf/d in 2022, compared with average gross pipeline exports of 8.8 Bcf/d in 2021 and 8.9 Bcf/d in 2022. Since November 2020, all six U.S. LNG export facilities have been operating near full design capacity. In December, the Corpus Christi LNG facility in Texas commissioned its third and final liquefaction unit six months ahead of schedule, bringing the total U.S. liquefaction capacity to 9.5 Bcf/d baseload (10.8 Bcf/d peak) across six export terminals. The November–January increase in U.S. LNG exports has been driven by rising international natural gas and LNG prices, particularly in Asia, and lower global LNG supply because of unplanned outages at several LNG export facilities worldwide. U.S. monthly natural gas pipeline and LNG exports Source: U.S. Energy Information Administration, Natural Gas Monthly U.S. pipeline exports to Mexico increased by 6.4% in the first eleven months of 2020 compared with the same period in 2019 as a result of the completion of a new segment of the Wahalajara pipeline system in June and the Cempoala compressor station in September. The completion of Mexico’s Samalayuca-Sásabe pipeline (0.47 Bcf/d capacity) in January 2021 and the expected completion of Tula-Villa de Reyes pipeline (0.89 Bcf/d capacity) later this year are expected to further increase U.S. pipeline exports to Mexico. Principal contributor: Victoria Zaretskaya

Annual U.S. liquefied natural gas exports forecast to exceed pipeline exports in 2022

February 18, 2021 Stu Turley

According to the U.S. Energy Information Administration’s (EIA) February 2021 Short-Term Energy Outlook (STEO), EIA forecasts that U.S. liquefied natural gas (LNG) exports will exceed natural gas exports by pipeline in the first and fourth quarters of […]

Japan’s stressed power grid faces new test with Arctic blast on way

February 16, 2021 Stu Turley

Japan‘s overstretched electricity grid is likely to receive another Arctic blast in the coming days, which is already pushing up wholesale prices and may stress generators as they struggle to keep units running after a powerful quake. […]

India Petronet to expand Dahej LNG terminal’s capacity to 22.5 MTPA

February 13, 2021 Stu Turley

Petronet LNG, India’s top liquefied natural gas (LNG) importer, plans a 29% increase in its Dahej terminal’s capacity to 22.5 million tonnes per annum (mtpa) to meet rising demand, its chief executive said on Friday. […]

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bp completes integrated gas value chain in China with delivery of LNG for downstream customers

January 25, 2021 Stu Turley

bp has begun to directly supply gas customers in China with gas from liquefied natural gas (LNG) that it has imported into the country. This is the first time that bp has created a fully […]

Summit’s Permian Natural Gas Conduit Gets FERC OK to Start Construction

January 15, 2021 Stu Turley

Federal regulators have approved the start of construction on all but a small portion of Summit Midstream Partners LP’s 135-mile Double E natural gas pipeline that would connect Permian Basin supplies to the Gulf Coast. […]

New Fortress Energy to acquire Hygo and Golar LNG Partners

January 14, 2021 Stu Turley

New Fortress Energy Inc. (NFE) has announced that it has entered into definitive agreements to acquire Hygo Energy Transition Ltd., a 50:50 joint venture between Golar LNG Limited and Stonepeak Infrastructure Fund II Cayman (G) […]

Qatargas completes first STS LNG transfer involving a Q-Flex vessel

January 13, 2021 Stu Turley

Qatargas Operating Company Limited (Qatargas) announced today the completion of the first-ever commercial ship-to-ship (STS) transfer of an LNG cargo involving a Q-Flex LNG vessel. The transfer took place at Subic Bay, Philippines. A full […]

LNG Cargo Prices Rising Faster Than Bitcoin

January 13, 2021 Stu Turley

After years building out export capacity and hiring traders, producers of liquefied natural gas and commodity trading houses are seizing on an unprecedented surge in the price of the fuel. The combination of a severe […]

U.S.-to-Asia LNG shipping rates rip higher on Asia buying boom

January 13, 2021 Stu Turley

Energy News Beat Publishers Note: The LNG shipping and exports for the United States are imperative long term place on the energy table. The cost of shipping liquefied natural gas from the U.S. to Asia hit […]

Taiwan starts receiving LNG from Cheniere, to get 30 shipments annually

January 10, 2021 Stu Turley

TAIPEI, Jan 10 (Reuters) – Taiwan’s state-owned CPC Corp began on Sunday receiving liquefied natural gas (LNG) cargoes from Cheniere Energy Inc under a 25 year deal signed with the U.S. company in 2018, and […]