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USLNG Exports Set Record in 2021
USLNG Exports Grow By 50% (EIA) Natural Gas Weekly (March 16): USLNG exports set a new record high in 2021, averaging 9.7 bcf/d—an increase of 3.2 bcf/d (50%) compared with the 2020 annual average. The increase in USLNG exports was driven by increased demand in Europe and Asia (particularly China), as well as by expanding […]
USLNG has Lesser Climate Impacts
Which Gas Will Europe Import Now? The Choice Matters to the Climate (RMI) Sasha Bylsma, et. al. (March 16): A quarter of EU energy comes from natural gas, of which nearly 45% is sourced from Russia. While renewable energy is the ultimate goal, a new RMI analysis shows that gas imports into Europe have very […]
Berlin Airlift: USLNG Can Help Europe
Latest News Russia Crisis May Drive a U.S. Natural Gas Surge (E&E News) Mike Soraghan (March 09): Prior to the war in Ukraine, Europe got more than a third of its gas from Russia. If Europeans wean themselves from that, American gas producers and exporters of LNG say they can help fill the gap in […]
Tellurian, Sempra, Calcasieu
Latest News Tellurian ‘Adapts’ Driftwood LNG Plans on Heels of Covid-19 (NGI) Caroline Evans (April 09): Tellurian could begin construction on the “owner obligation” portions of its Driftwood LNG facility in Louisiana as early as this summer, CEO Octávio Simões said. He also noted that: (1) On FID: “There are some scenarios where we think […]
Renewed Optimism: Commercial Talks Pick Up
Renewed Optimism on Long-Term Deals Corey Paul (April 05): Some USLNG developers expressed a renewed optimism that growing interest among world buyers in signing long-term supply deals will boost the prospects for commercially sanctioning new LNG export projects in 2021, following a year marked by a lack of FIDs. More than a dozen LNG developers […]
LNG: New Fortress, Corpus, Kinder Morgan
Latest News USLNG Export Bonanza Reshapes Energy Map in Asia (Reuters) Aaron Sheldrick (April 02): US LNG exports to China, Japan, and South Korea, the biggest, have surged to record highs in recent months as the region recovers from the COVID-19 pandemic, Eikon trade data shows… Such is the speed of growth of USLNG imports […]
Importance of USLNG Exports
U.S. Gas Industry Increasingly Relies on USLNG Exports John Kemp, Reuters opinion (March 29): U.S. gas producers have become increasingly reliant on USLNG exports to Europe and Asia to absorb growing output and prevent domestic prices from plunging because of oversupply. LNG exports surged to almost 67 bcm in 2020, up from less than 1 […]
Annova, NextDecade, Corpus Christi, Texas LNG
Latest News Annova LNG: Exelon Cancels Project (Release) March 22: “Due to changes in the global LNG market, Annova LNG has announced the immediate discontinuation of its LNG export facility under development in Brownsville, TX. The project had proposed building a 6.5 mtpa facility on the Port of Brownsville… The Annova LNG project was being […]
New Fortress, Rio Grande, Sempra
Latest News New Fortress Energy: Groups Urge FERC to Shut Puerto Rico LNG Terminal (E&E News) Arianna Skibell (March 11): Ten Puerto Rican environmental organizations, as well as UTIER, a labor union representing local utility workers, yesterday (March 10) filed a complaint with FERC calling for the agency to exercise its “broad range” of authority […]
Freeport, Calcasieu Pass
Latest News Freeport: Buyers Said to Renew Interest In Supplies from Train 4 (S&P Global Platts) Harry Weber and Corey Paul (March 03): CEO Michael Smith said that Freeport LNG has recently seen renewed interest from buyers in long-term contracts tied to Train 4. Smith said the swings showed that the “market is much more […]