LNG

European and Asian liquefied natural gas prices fell over the past week with the Dutch Title Transfer Facility benchmark declining by over 7 percent as European Union storage levels hit 100 percent and energy security concerns waned with cargo deliveries gathering pace and seasonal temperatures prevailed.

Two years after the establishment of a broader German market area through the Trading Hub Europe (THE), the “trading rate” of H-Gas with a methane content of 87-99 percent and which costs more than L-Gas due to its higher energy content, has surpassed the four-point mark for the first time.

Free ReadTellurian Inc., the developer of the Driftwood liquefied natural gas export plant near Lake Charles in Louisiana, increased third-quarter natural gas production and revenues as it continued to progress with the financing of the venture and discussions with counterparties for offtake and equity. Tellurian produced 19.5 billion cubic feet of…

Cheniere Energy, the operator of the Sabine Pass LNG export plant in Louisiana and Corpus Christi LNG in Texas, swung to a third-quarter profit of $1.7 billion compared with losses of $2.38Bln in the prior-year quarter as 152 cargoes were shipped in the three months and 468 cargoes in the…