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Dutch and British wholesale gas prices registered gains on Monday morning on concern over U.S. liquefied natural gas (LNG) supplies, though healthy storage levels continue to limit gains. The benchmark front-month contract at the Dutch TTF hub was up 0.47 euros at 28.55 euros per megawatt hour (MWh) by 0915 GMT, LSEG data showed. Gas …
There’s little to dissuade the administration from replicating its strategy of postponement in an election year. Welcome to Energy Daily, our guide to the energy and commodities powering the economy. Today, Senior Reporter Jennifer A. Dlouhy assesses whether US President Joe Biden’s tactic for freezing new LNG export permits may be used to delay other …
Biden’s LNG Pause Might Be a Model for Other Energy Dilemmas Read More »
Energy Department on Friday halted approvals of new plants US will study effect of exports on climate change, economy Business organizations from the US, Europe and Japan called on the Biden administration to reverse a decision to freeze approvals of new licenses for liquefied natural gas export facilities. “With numerous forecasts projecting global natural gas demand to …
Park the Politics: Biden Urged to Reverse LNG Pause by Global Business Groups Read More »
U.S. President Joe Biden paused pending approvals of exports from new liquefied natural gas projects, a move cheered by climate activists that could delay decisions on new plants until after the Nov. 5 election. TD Cowen says it sees the timing as “suspicious” and don’t expect finalized policy reform before election. “We believe the global …
Impact of U.S. Pause on New LNG Project Approval Could Take Years to Manifest – TD Cowen Read More »
U.S. President Joe Biden’s administration on Friday announced a pause on pending and future permits to export liquefied natural gas (LNG) to non-Free Trade Agreement countries until the Department of Energy finishes a new review of climate impacts. Many companies have been waiting for the U.S. to green light licenses to export LNG to their …
Companies Most Affected by U.S. Pause on LNG Export Permits Read More »
Freeport LNG expects one of the three gas liquefaction units at its Texas plant to be out of service for a month after it faced a technical issue during Winter Storm Heather, the company said on Friday. Heather is the name given to a deep freeze that spread across Texas and much of the U.S. …
Freeport LNG Faces Month-Long Unit Outage Due to Winter storm Read More »
Changes may derail Venture Global’s CP2 terminal in Louisiana Climate activists pressure White House to curb exports The Biden administration is set to unveil plans within days for intensifying environmental scrutiny of applications to export natural gas, potentially stalling massive planned projects for months, if not longer. The administration’s approach could be announced as soon …
Biden’s Natural Gas Plan Coming Soon as Industry Mounts Lobbying Blitz Read More »
The amount of natural gas flowing to the seven big U.S. liquefied natural gas (LNG) export plants has fallen by around 6% so far in January from a record high in December due mostly to the slow return of feedgas from last week’s Arctic freeze. Energy analysts also pointed to recent problems at Freeport LNG’s …
U.S. LNG Feedgas Slow to Return After Arctic Freeze, Problems at Freeport LNG Read More »
The Biden administration is delaying a decision on a Louisiana liquefied natural gas (LNG) export project that would be the United States’ largest, but which has raised the ire of environmentalists, the New York Times reported on Wednesday. Venture Global LNG’s Calcasieu Pass 2 (CP2) project is twice the size of the company’s present CP …
White House Pauses Decision on Louisiana LNG Export Terminal Read More »
The Gas Exporting Countries Forum (GECF) sees tight global liquefied natural gas (LNG) markets until 2026 as demand rises 1.5% this year and by up to 22% through 2050, the group’s secretary general, Mohamed Hamel, said on Monday at a conference in Trinidad and Tobago. The GECF represents natural gas exporters including Qatar, Russia and …
Gas Exporting Group Sees Tight Global LNG Markets Until 2026 Read More »
