Two weeks ago MDN brought you the news that consulting powerhouse PricewaterhouseCoopers (PWC), which had been hired to liquidate the assets of Australian company LNG Limited (LNGL), had found a buyer for the Magnolia LNG export project for $2.25 million (see PWC Sells U.S. Magnolia LNG to U.K. Company for $2.25M). Scrub that. The buyer
Read More...For some time we have criticized the 100 year-old Jones Act that prevents LNG carriers built and/or crewed by other counties from transporting LNG from one U.S. port to another U.S. port (see Puerto Rico Imports Russian LNG Thanks to U.S. Jones Act). Among the statements we’ve made is that the Jones Act prevents all
Read More...While on the surface the liquefied natural gas (LNG) marketplace may seem simple and straightforward, when you dig down you’ll find it is complex. There are different kinds of contracts between those who sell the gas, those who liquefy and ship it, and those who buy it. The LNG marketplace is, with the entrance of
Read More...XNG CNG truck crash (Credit: Broome County Sheriff) What is arguably the worst-case scenario for a virtual pipeline company has happened–and it happened not more than 10 miles as the crow flies from MDN HQ. Early Monday morning a compressed natural gas (CNG) truck from Xpress Natural Gas (XNG) was traveling up Interstate 88 near
Read More...Any LNG (liquefied natural gas) export facility built or planned along the Eastern seaboard or Gulf Coast is critically important for the Marcellus/Utica. Why? Because they are BIG users of natural gas, big important (new) markets for our gas. Yes, M-U gas flows all the way to the Gulf Coast, to both Louisiana and Texas.
Read More...New Fortress Energy is in the process of building the first (of two or more) LNG liquefying plants in Wyalusing, PA–nowhere near a shoreline. The company will truck (eventually rail) the LNG to a port located on the Delaware River along the New Jersey shoreline for export to Puerto Rico and other destinations. As we
Read More...Marcellus/Utica gas hitches a ride to the Gulf Coast to feed several LNG export facilities. We previously outlined how some gas flows to Cheniere’s Sabine Pass LNG plant via Williams’ Transco system (see Williams Confirms Transco Now Ships Gas Directly to Cheniere LNG). We also told you about Utica gas reaching Sabine Pass via a
Read More...Wes Edens The bloom is off the rose for us with regard to New Fortress Energy and their plans to build several LNG export facilities in northeastern Pennsylvania (see Big News! Marcellus LNG Export Plant Coming to Landlocked NEPA), and an LNG export shipping facility along the banks of the Delaware River (see DRBC Approves
Read More...Pieridae Energy wants to build an LNG export plant in Nova Scotia, Canada. The project is called the Goldboro LNG project. Nearly a year ago we told you that Pieridae had purchased a small natural gas producer in Western Canada to help provide supplies of gas to the East Coast plant (see Nova Scotia Goldboro
Read More...A few weeks ago MDN brought you the news that THE Delaware Riverkeeper had finally (months after everyone else knew) woke up to the fact that New Fortress Energy is planning to build an LNG loading facility on the banks of the Delaware River, on the New Jersey side, near Philadelphia (see Riverkeeper Sounds Alarm
Read More...Something is not going well at Elba Island in Georgia. Kinder Morgan has left a string of broken promises about the date for which the first Elba Island LNG export plant “mini-train” will begin producing and shipping LNG. We’ve chronicled the journey extensively. This post appeared first on Marcellus Drilling News.
Read More...Maya van Rossum, who fancies herself as THE Delaware Riverkeeper, has her knickers in a twist. She’s just woken up to the fact that New Fortress Energy, which is building an LNG liquefying plant in northeastern Pennsylvania (see Big News! Marcellus LNG Export Plant Coming to Landlocked NEPA), will truck the LNG to a port
Read More...JAX LNG (click for larger version) Something’s happening in Jacksonville, Florida with respect to LNG. It seems LNG plants of various types are popping up all over in Jacksonville! Nearly one year ago Eagle LNG opened its Maxville facility which liquefies natural gas into LNG for loading onto ships that use it as fuel (see
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Last week we brought you the news that President Trump is considering a waiver to the 1920 Jones Act for LNG to be shipped from port to port in the U.S., even
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Last week we brought you the news that President Trump is considering a waiver to the 1920 Jones Act for LNG to be shipped from port to port in the U.S., even
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