Calling Out Venture Global LNG for Farce It’s Not Commercially Ready

Venture Global’s Calcasieu Pass LNG export facility recently received Federal Energy Regulatory Committee (FERC) authorization to place the final three liquefaction blocks (7-9) into service (see Venture Global Gets FERC OK to Commission 3 Calcasieu Pass Trains). The other trains, 1-6, have been online for 18 months but are not officially in commercial service, even…

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Chesapeake Energy Signs Vitol to LNG Contract for 15 Years

In March, Chesapeake Energy announced a 15-year deal to provide natural gas for LNG exports to Gunvor Singapore Pte (see Chesapeake Cuts Back on Marcellus, Signs Haynesville LNG Deal). In an interview with S&P Global Commodity Insights at the time, Chesapeake CEO Nick Dell’Osso expressed the view that over the next several years, as much…

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Freeport LNG Second Loading Dock Inches Closer to Restart

Freeport LNG’s export terminal with three liquefaction “trains” shut down in June 2022 after an explosion and fire (see Explosion Rocks Freeport LNG Export Plant – Offline for 3 Weeks). What was initially thought to be a three-week outage lasted for ten months! The plant finally returned online in March of this year (see Freeport…

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New Contracts to Buy Gulf Coast LNG Slowed Significantly in 2023

According to analysis from Enverus Intelligence, in the first nine months of 2023, U.S. LNG developers signed 14 long-term sales and purchase agreements totaling 19.65 mtpa (million tonnes per annum). That pace is far slower than in 2022 when Russia invaded Ukraine and set off a mass scramble by Europe to secure natgas supplies anywhere…

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Obscure Lawsuit Could Greatly Impact Small LNG Facilities, FERC

In April 2022, MDN told you about Nopetro LNG’s plans to construct and operate as many as three liquefaction trains in Port St. Joe, Florida, that would liquefy up to 3.86 billion cubic feet (Bcf) per year of natural gas for export and delivery to markets in the Caribbean, Central America, and South America (see…

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Venture Global Asks FERC to OK Some Commercial LNG Service

In early August, MDN told you about trouble brewing along the Gulf Coast between Venture Global LNG and its biggest customers: BP, Shell, Edison International (an Italian utility company), Repsol, and GALP Energia. Venture Global is building the Calcasieu Pass LNG export facility in southwestern Louisiana’s Cameron Parish, less than 50 miles south of Lake…

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U.S. Exports of NatGas Set Record High in First Half of 2023

U.S. natural gas exports set a record high in the first half of 2023, largely thanks to LNG exports. However, don’t forget that nearly as much natural gas is exported to Mexico and Canada via pipelines as LNG is exported to other countries via cargo ships. For the first six months of 2023, the U.S….

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Freeport LNG Still Not at 100%, Asks FERC to Approve Full Restart

Freeport LNG’s export terminal with three liquefaction “trains” shut down in June 2022 after an explosion and fire (see Explosion Rocks Freeport LNG Export Plant – Offline for 3 Weeks). What was originally thought to be a three-week outage lasted for ten months! The plant finally returned online in March of this year (see Freeport…

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U.S. LNG Exports in September Fell Due to Plant Outages

U.S. exports of liquefied natural gas (LNG) fell, albeit modestly, in September from August as scattered outages at four gas-processing plants led to lower shipments. A total of 7.12 million metric tons of LNG left U.S. ports in September, down from the 7.32 million metric tons exported in August, according to data from LSEG vessel…

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Propane #1 Most Exported U.S. Petroleum Product First Half 2023

Although we have a companion story from today’s lineup that criticizes the U.S. Energy Information Administration (EIA) for its powers to predict the future (see EIA Consistently Underestimates NatGas Needed for Power Generation), the EIA is unparalleled in its tracking and reporting of historical energy data. The expert number crunchers of the EIA recently turned…

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Chesapeake Seeks More LNG Deals, Wants 20% of Production Going Intl

In March, Chesapeake Energy announced a 15-year deal to provide natural gas for LNG exports to Gunvor Singapore Pte (see Chesapeake Cuts Back on Marcellus, Signs Haynesville LNG Deal). In an interview with S&P Global Commodity Insights at the time, Chesapeake CEO Nick Dell’Osso expressed the view that over the next several years, as much…

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Shale Can Play Big Role in World LNG – But Not Without New Pipes

According to consulting powerhouse McKinsey & Co., world demand for LNG is forecast to see robust demand growth through at least 2040, and U.S. shale gas producers can effectively compete to fill a coming supply gap. But only if we can build enough new pipelines and liquefaction plants to meet the demand. And that’s the…

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FERC Approves Port Arthur LNG Phase 2 Expansion Project

Earlier this year, Sempra Infrastructure, a subsidiary of Sempra, announced it had reached a positive final investment decision (FID) for the development, construction, and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas (see Port Arthur LNG Pulls Trigger on FID, Tells Builder to Start Work). Sempra worked out all of…

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Gas Flows to Cove Point LNG Go to Zero, Shut Down for Maintenance

Feedgas flows from the Marcellus/Utica to the Cove Point LNG export facility located on the shore of Maryland fell to zero yesterday. It was the start of the facility’s annual maintenance outage. The question is, how long will Cove Point be out of commission for liquefying and exporting LNG? There are conflicting reports. Last year,…

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Repsol Joins Shell, BP in Suing Venture Global for Missed LNG

In early August, MDN told you about trouble brewing along the Gulf Coast between Venture Global LNG and its biggest customers: BP, Shell, Edison International (an Italian utility company), Repsol, and GALP Energia (see Shell, Edison, BP File for Arbitration Against Venture Global LNG). Venture Global is building the Calcasieu Pass LNG export facility in…

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