The Northeast has reached the “Distribution Phase” of the US Shale Revolution Now in its third year, on Monday New York Energy Week kicked off with a ‘Natural Gas Breakfast’ entitled “An Exploration into the Rise of Natural Gas” that was hosted by the CME Group. Since 2013, the NYEW series has brought more than… Keep reading →
In recent years, Qatar – with a population of only 2 million – has become the quintessential heavyweight in the global liquefied natural gas (LNG) industry. The small Middle Eastern country has been the world’s largest LNG exporter since 2006, and has made spectacular profits, particularly from 2011 to mid-last year, riding the crest of record… Keep reading →
Gail (India) Ltd., the country’s largest state-owned natural gas processing and distribution company, is looking to buy seven liquefied natural gas (LNG) cargoes for delivery from Oct. 2015 until Dec. 2016, the company disclosed at the end of March. According to the tender agreement, deliveries are to be split between India’s Dabhol, Dahej and Hazira… Keep reading →
Three sources, speaking on condition of anonymity, said last week that the much touted Power of Siberia (POS) natural gas pipeline to be built by Russian gas giant Gazprom and earmarked to bring natural gas from two new fields in Russia to China could be delayed. The sources said that the pipeline could… Keep reading →
Burner tip. Credit: Shutterstock Natural gas prices for New Yorkers last February – particularly for commercial consumers – were the highest for that month in four years.[1] But by this past November, prices were the lowest for that month since the early 2000s.[2] What’s going on? And what should you do about it? Allow me… Keep reading →
Mozambique, Equatorial Guinea and Cameroon are all looking at floating LNG export projects as potential ways to bring their natural gas reserves to market. “But the Cameroonian Floating LNG project, announced on Christmas Day 2014 as a three way Heads of Agreement (the HOA) between Golar LNG Ltd (Golar) Societe Nationale de Hydrocarbures (SNH) and… Keep reading →
US natural gas will soon be exported to Asian markets in the form of LNG, and while this represents a major step change in global gas trade, US volumes alone will not solve the region’s gas demand challenges. This is one of the points IEA Executive Director Maria Van der Hoeven made today in remarks… Keep reading →
The North American Gas Forum was held in Washington D.C. Sept 28-29. The event brought together leaders from across the natural gas supply chain to discuss the latest developments and important issues in the industry today. Keynote speakers were Adam Sieminski, Administrator of the U.S. Energy Information Administration discussing the impressive growth in gas and… Keep reading →
A few Asian buyers of US LNG are looking to sell portions of the supply they purchased under long-term contracts, suggesting the excitement over exporting US natural gas as LNG could be waning a bit. When US gas production began booming around 2007 and prices cratered – falling to as low as $2 per MMBtu… Keep reading →
Environmentalists are Wrong about Port Ambrose LNG
By Edward DodgeThe proposed Port Ambrose deepwater LNG terminal near New York City has been denounced by environmentalists as a dirty and dangerous export terminal in disguise. The reality is that LNG is the safest and cleanest fuel available and natural gas is critical in efforts to eliminate air pollution and save lives in New York City.… Keep reading →