Chesapeake Signs Deal with Delfin LNG to Ship 0.5 MTPA to Gunvor
In March 2023, Chesapeake Energy announced a 15-year deal to provide enough natural gas for 2.0 million tonnes per annum (MTPA) of LNG exports to Gunvor Singapore Pte (see Chesapeake Cuts Back on Marcellus, Signs Haynesville LNG Deal). The deal with Gunvor will tap Chessy’s Haynesville gas supplies, given that play is much closer to LNG export facilities along the Gulf Coast. It is a shame the company won’t move any Marcellus molecules south as part of the Gunvor deal. At any rate, yesterday, Chessy announced a deal with Delfin LNG to liquefy 0.5 MTPA of Chessy’s molecules heading to Gunvor — 25% of what the company promised to deliver to Gunvor.
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In early December, MDN updated you on the very real possibility that Everett LNG import terminal (Boston area), which accepts and regasifies foreign-sourced natural gas, may shut down this May following the closure of New England’s biggest natural gas-fired power plant, the Mystic Generating Station in Everett, MA (see 
The U.S. House Energy and Commerce Subcommittee on Energy, Climate and Grid Security held a hearing on Tuesday to challenge Joe Biden’s so-called pause on new LNG permits to non-free-trade partners as it “studies the impacts,” including on climate change, of LNG use. Republicans blasted the Bidenistas for the havoc they have created with the announcement. Democrats on the subcommittee defended Biden’s pause (go figure), arguing now is the time to reevaluate new LNG exports. The Dems are oblivious to the tangible harm this pause is causing (see 
Politicians on Capitol Hill aren’t the only people taking aim at Joe Biden’s pause on LNG export approvals (see today’s companion story, Repubs Attack, Dems Defend Biden LNG Pause at House Hearing). Some 23 “red” state Attorneys General wrote a letter to President Biden and the nutty Secretary of Energy, Jennifer Granholm, to inform them that this LNG approvals pause violates federal law. The not-so-subtle threat is that unless Biden “changes course” and reverses the pause, he’s facing a lawsuit by half of the states in the country.
Once a month, the analysts at the U.S. Energy Information Administration (EIA) issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months or so. We sometimes poke good-natured fun at the EIA because their predictions go up in one month, and in the next month, they go down, etc. What about the latest STEO dart board, published yesterday? It won’t surprise you to read that due to warmer weather, the EIA prognosticators believe the average Henry Hub natural gas spot prices will remain “subdued” around $2.40/MMBtu in February and March. What about for the entire year?
The pressure on Joe Biden to renounce his so-called pause on approving new LNG export projects is growing white-hot intense. On Friday, Jan. 26, Biden announced he has put “a temporary pause on pending decisions of Liquefied Natural Gas exports” (see 
There is a mountain of controversy over Biden’s pause on approving new LNG export permits to non-free-trade countries (see our story today, Intense Pressure on Biden from All Sides to End LNG Approval Pause). Even though the Dept. of Energy (DOE) has said it will not issue any new export permits for the next year for the 17 projects currently in the pipeline that have requested such permits (while it conducts a so-called review), the Federal Energy Regulatory Commission (FERC) will likely continue to work on those projects.
On Monday, we told you the mayor of Chester, PA (a suburb of Philadelphia), Stefan Roots, boldly proclaimed that an LNG export project planned for his community called Penn LNG is “dead in the water” (see 
We’ve talked plenty in recent months about the problems in the Red Sea with Iran’s puppets, the Houthis, trying to hijack ships, and (lately) lobbing bombs at ships sailing through the region. Those ships include LNG (liquefied natural gas) and LPG (liquefied petroleum gas, or propane) carriers. The result is predictable: Ships have stopped using the Red Sea and the Suez Canal that connects the Red Sea to the Mediterranean Sea.
Congressional Republicans are turning up the heat WAY up on the Biden administration’s decision to pause natural gas export approvals. Last Friday, Joementia announced he would “pause” any approvals for new LNG export plants (currently 17 requests in the pipeline) for at least one year while his people fart around pretending to figure out how to measure global warming as a new consideration for whether or not to approve a project (see 
Last Friday, Joementia announced a one-year “pause” on any approvals for new LNG export plants (currently 17 requests in the pipeline) for at least one year while his people pretend to figure out how to measure global warming as a new consideration for whether or not to approve a project (see 
In April 2022, MDN reported that the top brass at Kinder Morgan, the owner and operator of the Elba Island LNG export facility (also known as Southern LNG), was considering an expansion of its modestly-sized facility (see 
Last Friday, Joementia announced he is putting “a temporary pause on pending decisions of Liquefied Natural Gas exports.” The reason? The so-called “climate crisis” is “the existential threat of our time.” It’s all rubbish. The real reason is that he bowed to radical leftists in his own party. He needs them if he has a prayer of a chance of winning reelection in November (God forbid). The action supposedly affects 17 projects in the pipeline that have requested approval from the Dept. of Energy to export LNG to countries without free-trade agreements. But now, antis say Biden’s pause can potentially help them with their existing lawsuits against facilities already approved by the DOE.