In this issue

 

Trinidad and Tobago, the Caribbean nation shipping cargoes from the Atlantic LNG facility at Point Fortin in Trinidad, will have access to more natural gas after UK major BP brought…
Liquefaction demand at US terminals will stay strong through end-October, given that Henry Hub gas prices for the winter strip (November-March 2022) are approaching $5 per million British thermal unit…
Free ReadDespite rising prices for the six US liquefaction and export plants, China and Brazil remain the top destinations for US LNG shipments. Data from the Department of Energy (DoE) shows 97…
The Peru LNG export plant at Pampa Melchorita on the Pacific Coast had just re-started shipping cargoes in September after a two-and-a-half month shutdown for technical issues. Now, it has…
Japan’s largest utility JERA, along with Mitsui and partners, has agreed to sell its entire stake in the Mexican power plant operator MT Falcon Holdings to the British investment fund…
Free ReadVenture Global’s Calcasieu Pass LNG export project has filed its monthly construction report to regulators showing sub-stantial progress as the facility aims to be the next large US LNG export…
Commonwealth LNG, the export venture proposed for Cameron Parish in the US Gulf Coast state of Louisiana, has been informed by the Federal Energy Regulatory Commission of the launch of…
Thursday, 07 October 2021
• August-September exports at 11.83mmt • Up 0.21mmt (2pct) over June-July period • Shipments up 6.74mmt (132pct) over period year-on-year • Avg. US capacity utilisation at 94pct for report period
Thursday, 07 October 2021
Free ReadPeriod between 01 August and 30 September 2021, inclusively. Elba Island LNG Elba Island LNG exported five cargoes amounting to 0.29mmt in August and September, broadly steady in volume terms…
Commissioning is underway for Nord Stream 2 and once the pipeline starts up in late August, or early September, cheap Russian gas supply will likely reduce US LNG exports to…
Natural gas spot price at the US bellwether Henry Hub keeps rising amid growing LNG exports and higher gas industrial consumption. Analysts expect spot prices to reach $2.92 per MMBtu in…
Peak summer LNG shipments to Taiwan has surged due to an earlier-than expected shutdown of the first 990 MW unit at the Kuosheng nuclear power plant, with monthly LNG imports…
Free ReadArgentina’s seasonal LNG imports are increasing following the arrival of Excelerate’s FSRU Exemplar at Bahia Blanca, just south of Buenos Aires. The first commissioning cargo already arrived at the FSRU…
US gas major Tellurian will soon sign a long-term lease for the Lake Charles LNG project in Louisiana so it can begin preparing the site for full construction. “Look for…

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.