US LNG data shows China starting to overtake Mexico in total cargoes as smaller nations also supplied
The US Department of Energy has just published its latest liquefied natural gas export data with the average overall price for the six plants declining to under $6.00 per million British thermal units and as China started to overtake Mexico in overall deliveries while more supplies reached South America and smaller nations like Malta and Lithuania.
President Trump makes major LNG move in Texas speech by extending Non-FTA accords through 2050
US President Donald Trump said during a speech in Midland, Texas, that the Department of Energy is issuing a final policy statement that allows for liquefied natural gas exports to Non-Free Trade Agreement countries to be extended through the year 2050.
Okra Energy of US plans to supply Mexico with LNG containers from new small-scale plant in Alabama
Okra Energy Alabama, a small-scale US liquefied natural gas supply and technology company, said it was awarded a renewable five-year contract to deliver LNG in ISO containers to Enestas Energy and Gas, a distributor in Mexico for transport, industrial users and local power generation.
US LNG data shows price spike as China overtakes UK overall and Spain top for month with 10 cargoes
The US Department of Energy has just published its latest liquefied natural gas export data illustrating a monthly price spike and with China overtaking the UK in the overall table as the fifth-largest importer of US shipments while another European nation Spain was the top monthly destination with 10 cargoes.
Slowdown in LNG shipments from Gulf Coast will be offset by rise in pipeline gas exports to Mexico
The cancellation of LNG cargoes from Gulf Coast export plants amid over-supply and a price collapse is set to be offset by an increase in pipeline exports to Mexico, the largest component of US natural gas trade and a key take-away portion of still high production levels.
US reports shale-gas output surge along with lower price forecast amid LNG export rise
The United States said natural gas production will average a record 91.3 billion cubic feet per day in 2019, up 8.0 Bcf per day from the previous record in 2018, as shale gas begins to dominate the output and opens the way for more LNG and pipeline exports and domestic gas-fired power.
