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Natural Gas Futures Get Boost from Freeport Restart, Cool Weather-Driven Demand

This post was originally published on this siteNatural gas futures resumed their climb on Monday, buoyed by a recovery in Gulf Coast LNG feed gas demand above 12 Bcf/d and Lower 48 gas production staying subdued. A jump in Henry Hub cash prices also added support. At A Glance: NGI estimates 86 Bcf injection Freeport […]

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Mexico Lagging Behind Peer Markets in Natural Gas Storage, Report Warns

This post was originally published on this siteMexico’s next government must invest in natural gas storage and pipeline infrastructure in order to keep up with rising demand and meet energy transition goals, according to a new report by the Instituto Mexicano Para la Competitividad (IMCO) think tank.  Mexico is the world’s eighth largest natural gas

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Exceptionally Stout Mountain Region Natural Gas Storage Curtails Rockies Prices

This post was originally published on this siteStrong natural gas production in the Rockies and anemic heating demand over long stretches of the 2023-2024 winter resulted in an abundance of supply in the Mountain region and, by extension, suppressed prices. NGI’s Rocky Mtns. Regional Avg. cash prices averaged $1.235/MMBtu to finish trading last week, down

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Global Natural Gas Prices Stable as Fears Ease Over Middle East Conflict – LNG Recap

This post was originally published on this siteAsian and European natural gas prices declined Monday as geopolitical tensions in the Middle East eased and the supply outlook strengthened. Prices were stable last week when the market shrugged off the impacts of attacks carried out by Israel and Iran. With no apparent threat to production in

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Natural Gas Futures Advancing as LNG Demand Picks Up — MidDay Market Snapshot

This post was originally published on this siteRebounding export demand, including at the Freeport LNG terminal, helped natural gas futures carve out modest gains at the front of the curve through midday trading Monday.  Here’s the latest: May Nymex futures up 2.3 cents to $1.775/MMBtu as of 2:15 p.m. ET; June up 5.9 cents to

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Natural Gas Pipeline Nominations, Vessel Traffic Indicate Freeport LNG Production Returns

This post was originally published on this siteOperations at Freeport LNG could be ramping up again after more than a week of near-zero gas flows to the Texas facility drove speculation that multiple trains were offline, according to pipeline and vessel data. Feed gas nominations for the liquefied natural gas terminal started rising over the

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TC Energy Receives FERC Approval for Northwest Xpress Gas Pipeline Expansion Despite Opposition

This post was originally published on this site (P&GJ) — TC Energy’s plan to expand the capacity of its Gas Transmission Northwest Express pipeline by 150 million cubic feet per day (MMcf/d) received the green light from the Federal Energy Regulatory Commission on April 16.

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