In this issue

 

Monday, 05 July 2021
• May-June exports at 12.17mmt • Down 0.41mmt (-3pct) over March-April period • Shipments up 6.32mmt (108pct) over period year-on-year • Avg. US capacity utilisation at 97pct for report period
Monday, 05 July 2021
Free ReadPeriod between 1 May and 30 June, inclusively. Elba Island LNG Elba Island LNG exported five cargoes amounting to 0.36mmt in May and June, broadly steady in volume terms compared…
Prospect of dwindling production from Argentina’s Vaca Muerta shale will likely spark a rise in US LNG imports over the coming months to build up reserve prior to the heating…
Flex LNG, the Norwegian shipowner with a fleet of 12 modern vessels, has signed charters with Cheniere Energy of the US, for at least four of its carriers, and with…
The American Bureau of Shipping, the US classification society, has held its annual meeting of members in Houston and recalled a past year of success.
Free ReadThe US Department of Energy has just published its latest LNG export data with the average overall price for the six plants rising with deliveries concentrated on Europe, including the…
WhiteWater Midstream is holding an open season for up to 2 billion cubic feet (Bcf) of firm storage capacity at the Waha Gas Storage in Texas. The bidding process started…
Tellurian Inc., the developer of the US Driftwood LNG export plant in Louisiana, has resumed drilling in the Haynesville Shale basin and considers buying more acreage. Executive chairman Charif Souki…
Free ReadJack Fusco, President and CEO of Cheniere Energy, said global LNG demand was still „very high“ and the North Hemisphere summer slowdown was being offset by South American nations seeking…
Firmer prices at Henry Hub have reduced the gas use for power generation in the United States, but government analysts forecast an increase in natural gas consumption, including for LNG…
The US economy has been badly hit by the Covid-19 pandemic, with gas consumption in 2020 falling to 1.9 Bcf per day below the 2019 high of 85.1 Bcf/d. Analysts…
NextDecade Corp., the developer of the US Rio Grande LNG export project, has signed an agreement with Mitsubishi Heavy Industries of Japan to install post-combustion carbon-capture technology at the facility…
Free ReadNew Fortress Energy (NFE) has agreed to supply the Mexican state-owned power producer CFE with the equivalent of 20,000-40,000 million British thermal units (MMBtu) of LNG via an import terminal,…
Monday, 10 May 2021
• March-April exports at 12.26mmt • Up 2.12mmt (21pct) over January-February period • Shipments up 4.32mmt (54pct) over period year-on-year • Avg. US capacity utilisation at 99pct for report period

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.