EQT Corp., the leading US natural gas producer in the Appalachia Shale Basin of the northeast US, said it was seeking overseas LNG customers after signing a second accord with a US Gulf Coast project and this time with the proposed Commonwealth LNG venture in Louisiana.
WhiteHawk Energy, the US company with royalty and field assets covering 475,000 gross acres in the Marcellus Shale, has agreed to acquire natural gas assets primarily located in the Haynesville Shale from where more feed gas will flow to US Gulf Coast LNG plants.
The US front-month New York Mercantile Exchange natural gas price soared to seasonal record heights before expiration as the nation saw the cancellation of one of the key infrastructure projects, the PennEast Pipeline, linked to future demand in the US Northeast for natural gas from the Marcellus Shale Basin.
Golar LNG Partners has entered into an agreement and plans to merge with New Fortress Energy Inc, the New York-based company with a growing LNG projects portfolio in Latin America and the Caribbean.