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Russia-Ukraine gas transit deal expires at end of year Ukraine has refused to extend the agreement Russia willing to continue delivering gas via Ukraine Slovakia says loss of supplies from east would drive up prices MOSCOW, Dec 23 (Reuters) – Russia said on Monday the situation with European countries that buy its gas through a …
Russia Calls Gas Sales to Europe ‘Complicated’ as Deal With Ukraine Nears End Read More »
Founders will continue to control company after the listing Arlington-based firm is one of the US’s biggest LNG suppliers Venture Global Inc., one of the biggest suppliers of liquefied natural gas in the US, filed for what could be one of the largest initial public offerings of 2025. The company won’t make public the proposed …
Natural Gas Exporter Venture Global Files for IPO Read More »
Ramping up purchases faces numerous practical constraints, not least the country’s limited supply. There’s no quick fix for incoming President Donald Trump’s demand that European nations buy more American oil and gas. He insisted that the European Union make “large-scale purchases” of US hydrocarbons to “make up their tremendous deficit with the United States” or face “TARIFFS …
Trump’s Demand for EU to Buy More US Oil and Gas Has No Easy Response Read More »
U.S. natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder weather in mid-January that could freeze oil and gas wells and lift spot prices by reducing output as in past years. Also supporting prices was an increase in the amount of gas flowing to liquefied natural …
US Natgas Prices Jump 5% to 23-Month High on Cold Forecasts, Rising LNG Feedgas Read More »
Study finds more US exports threatens higher global emissions Trump has vowed to end a moratorium on new LNG permits The Biden administration released a key study Tuesday that is likely to complicate President-elect Donald Trump’s plans to quickly approve more exports of liquefied natural gas. The study, which analyzed the economic, environmental and other costs of …
Biden’s LNG-Export Study Presents ‘Speed Bump’ for Trump Read More »
(Reuters) – The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying the results underscored the need for a cautious approach to new permits. Biden in January had paused the Department of Energy’s approvals of U.S. LNG exports to big …
Biden Administration Releases LNG Export Study, Urging Caution on New Permits Read More »
By Gavin Maguire (Reuters) – U.S. liquefied natural gas exports are on track to climb to new highs in 2024, as record domestic natural gas production spurred the 10th straight year of volume growth in the lucrative LNG export sector. U.S. LNG shipments for 2024 look set to hit 86.9 million metric tons, according to ship-tracking …
U.S. Keeps Its LNG Exports Crown Even as Luster Fades Read More »
A highly anticipated study of liquefied natural gas exports by the Biden administration is expected to stop short of saying the approval of more shipments isn’t in the public interest, according to people familiar with the matter. The study, under way since January, is set to be released as soon as Tuesday, according to the people, …
Biden’s LNG Study to Stop Short of Halting New Exports Read More »
(Reuters) – President Joe Biden’s administration will release as soon as Tuesday a study on exports of liquefied natural gas that is expected to stop short of saying the trade is not in the public interest, two industry sources with knowledge of the issue said. Biden in January paused the Department of Energy’s approvals of …
US Study Likely to Stop Short of Saying LNG Exports Not in Public Interest, Sources Say Read More »
The latest IEA’s Monthly Gas Statistics report including September 2024 data shows that for Total OECD: Production of natural gas decreased by 1.8% compared to September 2023. Imports (entries)1 of natural gas were 2.7% higher on a year-on-year basis, and total OECD exports (exits)1 increased by 6.8% in the same period. Gross consumption of natural gas increased by 0.3% in September 2024 on a year-on year basis. …
