LNG

Williams Companies, a leading US natural gas pipelines operator with projects aimed at boosting feed-gas supplies for Gulf Coast LNG export plants, has reached an agreement to acquire a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion.

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.