In this issue

 

Latest earnings calls from publicly-traded U.S. gas producers show a slowdown in 2019 gas production although the role of private producers increases. Energy Aspects sampled E&P firms with a combined…
Free ReadLength in natural gas supply the U.S. Mid-Atlantic and Ohio region is building up amid rising production from the Marcellus and Utica Shale. Simultaneously, growing demand in the South Central…
The Argentine Secretary of Energy Gustavo Lopetegui has said it would take some time before Argentina becomes a globally competitive LNG market participant. “Shale gas production could be increased by…
Free ReadNorway’s Golar LNG in early March started to unload the first commissioning cargo at its Golar Nanook FSRU (floating storage and regas unit) offshore Sergipe, northeastern Brazil. The supply is…
Electricity, not natural gas, will drive the compressors of the Annova LNG export project at Brownsville Ship Channel, lowering the project’s carbon footprint. To that end developers have signed an…
U.S. gas pipeline operator Williams and the Canada Pension Plan Investment Board (CPPIB) have set up a US$3.8 billion joint venture that centers around Williams' Ohio Valley Midstream (OVM) and…
Free ReadSpain’s gas network operator Enagás has agreed to pay $590 million for a 10.93% ownership interest in Tallgrass Energy (TGE), the operator of several U.S. interstate pipelines. To finance the…
US-listed LNG equipment manufacturer Chart Industries and Indian Oil Corp, owner of India’s first East Coast LNG import terminal at Kamarajar Port, Ennore, have entered a cooperation to promote LNG…
The developer of Calcasieu Pass LNG in Louisiana, Venture Global has announced plans to expand the scope of its LNG development business on the US Gulf Coast to 60 mpta…
Free ReadKinder Morgan said it would start-up its Elba Island LNG export plant in Georgia in late April after receiving regulatory permission in early March to introduce feed-gas, back-up fuel and…
The Federal Energy Regulatory Commission (FERC) has granted approval for the Stratton Ridge pipeline additions to help provide the 700 million cubic feet per day that will be needed provide…
Energy Transfer and Shell plan to move towards a potential final investment decision on the 50-50 joint venture and have started seeking engineering, procurement and construction (EPC) companies, while intending…
Free ReadThe U.S. Federal Energy Regulatory Commission (FERC) has delivered a final environmental impact statement for the Texas LNG export project, giving the green light for proposed project in the Port…
Optimism has been expressed by Peter Altmaier, the German economy minister, that two regasification terminals will be built on the northern Germany coastline “in the foreseeable future” to enable LNG…

News Nudges

U.S. net gas exports double in H1-2019 and keep growing

Start-up of two liquefaction trains – Cameron LNG Train 1 and Corpus Christi LNG Train 2 –have pushed total U.S. net gas exports to 4.1 billion cubic feet per day (Bcf/d) in the first half of this year, more than double pre-year levels. Apart from LNG, pipeline gas is exported to Canada and Mexico. As of June, total U.S. LNG export capacity reached 5.4 Bcf/d across four facilities and nine liquefaction trains – a significant rise compared with 2.0 Bcf/d net exports in 2018. Net natural gas exports is forecast to continue rising through the end of 2019 as additional LNG export capacity comes online and pipeline infrastructure in Mexico is placed into service. In its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) foresees net gas exports averaging 4.6 Bcf/d in 2019 and 7.2 Bcf/d in 2020. Cameron Train, the fourth U.S. LNG placed into service since February 2016, was followed by Freeport LNG Train 1 and the small-scale Elba Island LNG venture. Together, these three project are seen to nearly double U.S. LNG export capacity to 8.9 Bcf/d by the end of 2020. Although U.S. LNG exports have grown substantially, most U.S. natural gas trade is transported via pipeline across shared borders with Canada and Mexico. In the first half of 2019, net exports of natural gas by pipeline to Mexico grew by 5%, and net exports of natural gas by pipeline to Canada remained relatively flat. Exports to Canada surged when the second phase of both the Rover pipeline and the new NEXUS pipeline entered service, allowing gas flows from the Appalachian Basin to the St. Clair point of exit northeast of Detroit. Deliveries to Mexico grew following the start-up of the Texas-Tuxpan pipeline, transporting gas from the U.S. Permian Basin.