LNG

Nov 13 (LNGJ) - The Texas Petro Index in the state where half-a-dozen LNG export projects are planned was down again in September, with all indicators except crude oil and natural gas production volumes showing year-on-year declines. The index fell to 226.2, nearly 28 percent less than in October 2014 when it hit a record 313.0. Estimated Texas natural gas output was nearly 728.5 billion cubic feet, a year-over-year monthly increase of 2.6 percent.  With natural gas prices in September averaging $2.59 per thousand feet, the value of Texas-produced gas decreased 31.9 percent to about $1.89 billion. The Texas Petro Index is a service of the Texas Alliance of Energy Producers, the nation's largest state association of independent oil and gas companies.