Worldwide liquefied natural gas demand is expected to double by 2040 to 700 million tonnes, according to third party forecasts, Royal Dutch Shell reports in its Fourth Annual LNG Outlook, Kallanish Energy reports. LNG in 2019 rose a robust 12.5%, to 359 million tonnes, Shell stated. “The global LNG market continued to evolve in 2019,
Read More...Tom ShepstoneShepstone Management Company, Inc. . … Appalachian shale production has been nothing short of phenomenal and has set the stage for natural gas exports to soar via both LNG ships and pipelines. Yesterday, chatting with a pro-gas friend, we both remarked on the fact the solution to low prices is low prices, just as
Read More...A partner in the proposed Kitimat LNG project on the British Columbia coast said it will record a $720 million after-tax writedown on its investments in Western Canada, Kallanish Energy learns. Australia-based Woodside Petroleum said the charge against 2019 earnings reflects uncertainty in timing of when it will be able to develop its natural gas fields
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) Cove Point celebrated loading its 100th container ship of Appalachian shale gas the other day. This facility is shipping our natural all over the globe. Seems like just yesterday that Dominion Energy’s Cove Point LNG export plant opened for business–in April 2018 (see First-Ever Shipment of Marcellus LNG Leaves Cove
Read More...During the first half of 2019, U.S. net natural gas exports averaged 4.1 billion cubic feet per day (Bcf/d), which was more than double the average net exports in 2018 at 2.0 Bcf/d, according to the Energy Information Administration. The U.S. became a net natural gas exporter on an annual basis for the first time
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. What’s happening in Rhode Island should be a warning to all of New England; you are headed for an icy fall with respect the energy you need to keep warm. Rhode Island is a state where the green goblins of political correctness hold full sway and determine policy.
Read More...President Trump’s April 2019 executive order on the transportation of liquefied natural gas (LNG) by rail tank cars, which mandated a federal rule by 2020, has pushed forward a rule-making proposal, according to Kallanish Energy. The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration has proposed LNG rail shipments be allowed in DOT-113
Read More...... … … LNG terminals are being built across the world to accept natural gas. They can get it from Australia, Russia or us. Who will it be? Us we hope and expect. At a recent natural gas conference, some attendees indicated that international natural gas demand would continue to grow at a double-digit rate due to
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) The DRBC Commissioners, in a stunning display of cowardice and obsequious attention to direction from William Penn Foundation shills, reconsiders a decision. There, now that’s the DRBC (Delaware River Basin Commission) we know and expect –obsequiously bowing before the likes of THE Delaware Riverkeeper and her environmental cousin, the Sierra
Read More...Tom ShepstoneNatural Gas NOW … … NaturalGasNOW wants your help. It takes much effort to do what we do and we want your help to get it done “for our nation, our economy and our environment.” Yes, just like Uncle Sam, we want you! We want you as a guest blogger. We want your comments.
Read More...Cheniere Energy has announced that Train 2 at Corpus Christi, Texas, has reached substantial completion, Kallanish Energy reports. That was reached last week at the liquefaction/export facility, the company said on Tuesday. Commissioning is complete and Cheniere’s Epc partner Bechtel Oil, Gas and Chemicals Inc. has turned Train 2 over to Cheniere. Texas-based Cheniere has
Read More...The U.S. energy revolution that’s taken place since 2000 catapulted the country to become the global leader in petroleum, including oil, and natural gas production in 2018, according to a recent report from the Energy Information Administration: “Last year’s increase in the United States was one of the largest absolute petroleum and natural gas production
Read More...ExxonMobil Asia Pacific has signed a two-year time charter agreement with Singapore-based Sinanju Tankers Holdings Pte. Ltd. to lease Singapore’s first liquefied natural gas (LNG)-powered bunker tanker, Sinanju said, in a statement Friday, Kallanish Energy reports. The 7,990 deadweight tonnage (dwt) new build will be the first LNG bunker tanker for Singapore and Sinanju and
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. It Doesn’t Fit, So You Must Quit Pennsylvania’s Department of Conservation and Natural Resources just spent your tax
Read More...U.S. exports of liquefied natural gas reached a new peak of 4.7 billion cubic feet per day in May, according to the latest data from the U.S. Department of Energy’s Office of Fossil Energy, Kallanish Energy reports. This year, the U.S. became the world’s third-largest Lng exporter, averaging 4.2 Bcf/d in the first five months of the
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