Earnings from Spain’s Naturgy give overview of LNG, pipeline gas and power markets in Europe and the Americas
Naturgy Energy, the power company with LNG operations from Puerto Rico to Europe and pipeline gas networks from Algeria to South America, reported a more than 20 percent rise in annual net profits.
Cheniere Energy reports swing to profits with record first quarter output and the delivery of 167 cargoes
Cheniere Energy, the largest US LNG exporter, shipped 167 cargoes in the first quarter from the Sabine Pass plant in Louisiana and the Corpus Christi facility in Texas as it also swung to profits of $5.43 billion compared with $865M of losses in the prior-year quarter.
Cheniere sees buoyant 2021 market with ‘constructive LNG demand tension’ between Europe and Asia
Cheniere Energy Chief Executive Jack Fusco said global LNG demand was still very high and the North Hemisphere summer slowdown was being offset by South American nations seeking cargoes amid continued competition for shipments between Asia and Europe.
Cheniere and Royal Dutch Shell confirm ‘carbon-neutral’ LNG cargo delivery from Louisiana to Europe
Cheniere Energy, the largest US liquefied natural gas exporter, said its Sabine Pass liquefaction plant in Louisiana supplied a “carbon-neutral” cargo to Royal Dutch Shell.
Oil prices fall below $40 amid US street unrest while nation's weekly LNG exports decline by half
Oil prices fell below $40 per barrel as street unrest in cities like Seattle led to concerns about US stability and the pace of the US economic recovery, while the nation’s LNG exports dropped to half of the previous week’s level, offset by pipeline natural gas exports to Mexico jumping more than 8 percent.
LNG exports to Chile face more competition from growing Argentine pipeline gas supplies
The South American nation of Chile has imported 2.23 million tonnes of LNG during the first 10 months of the year, down 5.7 percent on the same period of 2018 as pipeline gas supplies from Argentina have provided competition.
