US natural gas production in the Mid-Atlantic and Ohio region from the Marcellus and Utica shale basins is continuing to grow, resulting in adequate domestic supplies being available in the northern region and feed-gas been transported south for LNG plants on the Gulf Coast.
US pipeline company Williams said the Federal Energy Regulatory Commission had approved the placing into full service of its Atlantic Sunrise project to boost shale-gas volumes to main markets, including for LNG.
The US state of Pennsylvania has seen natural gas production average 5 billion cubic feet per day in 2017, an increase of 3 percent and a record for the state, with output coming largely from shale-gas plays in the Appalachian Basin and will have long-term benefits for LNG producers such as the Cove Point plant in Maryland.
The US Court of Appeals has judged in favor of regulators and the Atlantic Coast Pipeline, designed to deliver Marcellus and Utica shale gas into Southeast markets and LNG export facilities, in ruling against environmental groups seeking to suspend construction.
Construction has started in the US northeast state of Pennsylvania on the greenfield portion of the almost $3-billion Atlantic Sunrise pipeline project, an expansion of the Transco natural gas pipeline to connect Marcellus Shale supplies with markets in the Mid-Atlantic and in the south of the US where the LNG export build-out is concentrated.
Two of the largest US shale-gas producers, EQT Corp. and Rice Energy, have agreed to merge in a transaction valued at $6.7 billion to create the nation’s largest producer, holding 1 million net acres of the Marcellus Shale play to feed America’s LNG export and gas-fired power plans.
Williams Partners, the US pipeline company, said regulators have authorized the Atlantic Sunrise expansion project, an expansion of the existing Transco gas pipeline to connect abundant Marcellus shale-gas supplies with markets in the Mid-Atlantic and Southeast US where LNG export plants are being developed.
Williams Partners, the US pipeline company, has crossed a key regulatory hurdle with its Atlantic Sunrise project to link the abundant Marcellus shale-gas supplies with markets in the Mid-Atlantic and Southeastern US, including the future network of LNG export plants.
Reliance Industries, the Indian conglomerate with domestic natural gas and US shale-gas interests as well as other businesses, said full-year revenue from the oil and natural gas segment dropped almost 35 percent to the equivalent of $1.1 billion, reflecting the low commodity price environment.
May 3 (LNGJ) - Statoil, the Norwegian energy major and owner of Europe’s only industrial-scale LNG production plant at Hammerfest in northern Norway, said it agreed to sell its operated Marcellus shale properties in the US state of West Virginia to US company EQT Corp. for $407 million in cash. “This divestment of non-core assets comprises approximately 62,500 net acres,” Statoil said. The company retains its operated properties in the US state of Ohio and its non-operated Marcellus positions.