CNG/LNG

The Golden Pass LNG terminal is a liquefied natural gas (LNG) terminal and regasification facility in Sabine Pass (Port Arthur), Texas. It is among the largest LNG facilities in the world. It can accommodate up to 15.6 million metric tons (MT) of LNG per year, the equivalent of approximately 2 billion cubic feet of natural gas per day (Bcf/d). In April, Golden Pass exported its first LNG cargo (see Inaugural Cargo Departs Golden Pass LNG, Heading to Belgium). It exported its second cargo in May. On June 25, the facility exported its third cargo since commissioning began. But by Monday, June 29, almost all feedgas flowing to the facility stopped and has stayed stopped. Read More “Golden Pass LNG Offline After Sending Out First 3 Cargoes”

Freeport LNG has become something of a punchline for its frequent outages. Except it’s no laughing matter. Outages at Freeport have happened so frequently that we’ve lost count (see our Freeport outage stories here). According to gas flow data, one of Freeport’s three “trains” was (once again) out of commission last Friday and Saturday, but came back online over the weekend. Freeport is fed, in part, with molecules from the Marcellus/Utica. Antero Resources sells some of its molecules to the Freeport facility (see Antero 4Q: Sending Gas for LNG Exports to Gulf Coast & Cove Point). We suspect other M-U drillers also sell molecules to Freeport. Hence, our ongoing interest in this facility and its somewhat regular outages. Read More “Freeport LNG Returns to Full Output Following Another Outage”

The Appalachian Basin, spanning Pennsylvania, West Virginia, and Ohio, has become America’s premier natural gas province, producing over 35 billion cubic feet daily (Bcf/d) in 2024. Driven by hydraulic fracturing in the Marcellus and Utica shales, private mineral rights, and low breakeven costs below $2 per MMBtu, the basin has reshaped *global* energy markets. How? Infrastructure constraints (lack of pipelines) and Mid-Atlantic political opposition prevent local LNG export terminal development. Even so, Marcellus/Utica gas underwrites domestic power markets, fuels digital infrastructure, and indirectly propelled the United States to become the world’s leading LNG superpower by displacing Gulf Coast gas for export liquefaction. Read More “How the Marcellus/Utica Made the U.S. #1 in LNG Exports”

U.S. natural gas flows to LNG export facilities were set to hit a 16-week low of 15.1 Bcf/d on Tuesday, May 19, despite the anticipated return of QatarEnergy/ExxonMobil’s Golden Pass plant in Texas, according to LSEG data. Average flows dropped from a record 18.8 Bcf/d in April to 16.9 Bcf/d in May due to spring maintenance at multiple facilities, including Golden Pass and Freeport LNG. Read More “Feedgas Flows to U.S. LNG Export Plants Hit 16-Week Low on Tues.”

Caturus LLC made a positive Final Investment Decision (FID) for its Commonwealth LNG project, securing $9.75 billion in financing for the 9.5 million tonnes per annum (MTPA) export facility in Cameron Parish, Louisiana. This FID initiates full construction of one of the most cost-competitive LNG projects in the U.S., with operations expected to commence by 2030 and generate over $3 billion in annual export revenue. Read More “Caturus Makes FID to Build Commonwealth LNG Export Plant in La.”