In this issue

 

Though travel restrictions are still in place in the Dominican Republic to contain the coronavirus, Siemens is striving to deliver a barge-mounted power plant, based on SGT-800 gas turbine, on…
Monday, 05 October 2020
July - September exports totalling 6.95mmt on 30th September.  Significant month-on-month growth of 0.54mmt (24 pct) in September.  Total shipments down significantly over same three-month period last year.  Avg. US…
Monday, 05 October 2020
At the time of writing, 37 cargoes (2.48mmt) shipped since mid-August remain in transit, with 15 (0.99mmt) still lacking confirmed destinations within the Pacific and Atlantic Basins.
Free ReadElba Island LNG Elba Island LNG has exported a rare cargo in late August, its first since January this year. The 0.07mmt cargo aboard the Maran Gas Hector arrived at…
This summer, the Covid-19 pandemic is driving a global contraction in LNG deliveries – the first seasonal contraction in eight years. US LNG exports are particularly hard hit, with nearly…
Poten & Partners, the global ship brokerage firm, expects the global gas and LNG markets to tighten later this year, due to slower construction and commissioning of new liquefaction and…
Calling the world’s emergence from the Covid-19 pandemic “a pivotal moment” for global economies, BP chief executive Bernhard Looney said there are signs that global gas demand is starting to…
Free ReadImports of Canadian pipeline gas to the western United States have fallen substantially as spot prices at the NOVA/AECO-C (AECO) trading hub in Alberta reached near parity with Henry Hub.…
Developers of the Freeport LNG export plant at Quintara Island in Texas have confirmed the Final Investment Decision (FID) on building a fourth train had to be delayed until 2021…
Edge Gathering Virtual Pipelines 2, better known as Edge LNG, has been selected by EXCO Resources to capture and liquefy gas from a stranded well in the Marcellus Shale. The…
Free ReadGlenfarne, a privately held energy infrastructure firm, has agreed to buy Magnolia LNG from its parent, Australia's LNG Ltd, for $2.25 million, according to the voluntary administrators appointed to review…
The Vietnamese government has welcomed ExxonMobil’s plan to invest in the country’s energy infrastructure. The U.S. oil major is looking to set up an LNG-to-Power generation supply chain with a…
U.S. Energy Information Administration (EIA) expects a rebound in Henry Hub spot gas prices due to falling production in the Appalachian and Permian Shale, where low oil prices led to…
The 2020 US natural gas storage refill season (April 1 - October 31) has started out strong, exceeded 100 Bcf in four out of the past six weeks. “No other…

News Nudges

US rig count rises

The Baker Hughes Rig Count reported three more rigs deployed in the US in the past week and taking the total to 698. Oil rigs are up three while natural gas rigs are unchanged at 144 along with miscellaneous rigs at two. “The US Rig Count is up 258 rigs from last year's count of 440 with oil rigs up 210 and gas rigs up 48,” said Baker Hughes. The Canadian Rig Count is up 44 rigs from last year's 51 with oil rigs up 25 and natural gas rigs up 19.


Texas LNG for UK

The Panamanian-flagged LNG carrier “Prism Brilliance” is scheduled to deliver a US cargo on April 21 to the UK South Hook import terminal at the port of Milford Haven in Wales. The cargo was lifted by the 180,000 cubic metres capacity ship on March 20 from the Freeport export facility on Quintana Island in Texas, according to shipping data.