Intercontinental Exchange reports record trading on ICE Midland crude at centre of LNG industry on Gulf Coast
Intercontinental Exchange, the leading global provider of trading platforms for the whole energy complex from crude oil to LNG cargoes and European and Asian natural gas futures and options, has reported record open interest in ICE Midland crude contracts on the US Gulf Coast, also the centre of the US LNG industry.
US forecasts high natural gas prices on winter demand and LNG exports as New England power bills surge
The US Government forecasts a rise in natural gas prices as a result of both higher winter demand and rising LNG exports while the Freeport LNG plant was seen ramping-up in the coming months to reach full capacity by March 2023 after going on stream later.
US Rio Grande LNG project delays final investment decision to 2021 and has working capital until then
US Rio Grande LNG project developer NextDecade has issued a corporate update saying it has resources to maintain operations through 2021 and has delayed its final investment decision until next year on the venture proposed for the Port of Brownsville in Texas.
Tellurian CEO Meg Gentle said company is lean, resolved and focused on delivering Driftwood LNG
Tellurian Chief Executive Meg Gentle said the Houston company is lean, resolved and focused on delivering the Driftwood LNG export project near Lake Charles in Louisiana.
