US freeze-up affects local natural gas and global oil but LNG values rise along with worldwide liftings
Worldwide liquefied natural gas export plants increased their overall liftings, apart from in the US where the markets were affected locally for natural gas and globally for oil by freezing weather causing power outages that hit US output, while North Asia spot LNG prices rose on firm demand.
IEnova advances with pipelines to Mexico for Texas natural gas ventures and LNG plant
IEnova, the Mexican subsidiary of California-based utility Sempra Energy and developer of the Costa Azul liquefied natural export venture on the Pacific Coast of Mexico, reported a rise in four-quarter earnings as it pursues Mexican pipeline projects and LNG feed-gas resources from the US.
US streamlines LNG export requirements by easing company reporting of cargo end-users
The US Department of Energy has eased reporting mandates for liquefied natural gas exporters that would keep track of the ultimate end-user of the natural gas shipped overseas.
