US LNG Exports Hitting New Highs – 107 Cargoes Departed in April
U.S. LNG (liquefied natural gas) exports are hitting new highs each month now that the Freeport LNG facility came back online in March (see Freeport LNG Plant Back to Full Capacity Using 2.1 Bcf/d of NatGas). March saw a new, all-time high export of 7.80 million tonnes of LNG (see U.S. LNG Exports Hit New All-Time High in March Thx to Freeport). Last month (April), U.S. export volume was virtually the same at 7.78 million tonnes.
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Although the Bidenistas are now in control of the formerly objective U.S. Energy Information Administration (EIA) and try to hide the truth about fossil energy, the truth has a way of coming out. In March, we told you about the latest edition of the EIA’s Annual Energy Outlook for 2023 (see
On December 5, 2019, the PHMSA (Pipeline and Hazardous Materials Safety Administration) granted a special permit to Energy Transport Solutions, LLC (i.e. New Fortress Energy) to transport LNG in DOT-113C120 rail tanker cars between Wyalusing, PA and Gibbstown, NJ (see
Energy Transfer’s (ET) Lake Charles LNG project, in Louisiana, has been plagued with trouble from the beginning. The project began life as a 50/50 joint venture with Shell. However, Shell pulled out in 2020 (see
For years, going back to the time when MDN editor Jim Willis worked in Washington, D.C. during his youth (mid-1980s), the joke circulating around D.C. was, “The most dangerous place to be in Washington is between Chuck Schumer and a camera.” And that was back when Chuck was just a lowly Congressman! These days, the most dangerous place to be anywhere in the country is between an anti-fossil fuel zealot and a microphone at a public hearing. Antis DEMAND to have access to microphones anywhere and everywhere in order to spew their fossil fuel hate speech. And God help you if you deny them that “right”! Antis got denied yesterday in Philadelphia, and they are hopping mad about it.
Some interesting insights from S&P Global Commodity Insights into how the world has changed. S&P’s analysts say the Russia-Ukraine war is in the process of “resetting” the energy sector, with natural gas turning into a global and interconnected market affected by events and dynamics far beyond its traditional physical scope. In fact, S&P says natural gas is now similar, to some extent, to what oil used to be for decades. We will explain.
Freeport LNG is back online, sucking up 2.1 (or more) billion cubic feet per day (Bcf/d) of natural gas, some of it from the Marcellus/Utica, exporting LNG to other countries. Freeport was out of commission following an explosion and fire in June 2022 until several weeks ago (see
National Grid is desperately trying not to run out of natural gas for its customers in Brooklyn and Queens (on Long Island). It appears because of opposition from crazy leftists, they won’t succeed. For several years the company has fought a battle to run a tiny pipeline to its Greenpoint, Brooklyn facility to provide extra natural gas. That project is going nowhere fast. National Grid has/had a backup plan in case it could not complete the pipeline project–add two extra LNG vaporizers to the Greenpoint facility to turn trucked LNG back into gas that can flow through the system. It seems even Plan B is now gone. What’s left are coming gas outages for Long Island.
Three weeks ago, Chesapeake Energy announced a 15-year deal to provide natural gas for LNG exports to Gunvor Singapore Pte (see
We have been closely tracking the restart of the shuttered Freeport LNG export terminal following its emergency shutdown in June 2022 after an explosion and fire. Earlier this week, we told you about the plant’s rocky restart road, with feedgas flowing to the plant averaging around 50% of total capacity (see
Just a few days ago, we told you that Pieridae Energy was scaling back the scope of its planned Goldboro LNG export plant project in Nova Scotia, Canada (see
For over 10 years, MDN has tracked a Canadian LNG export project in Nova Scotia planned by Pieridae Energy. The project is called Goldboro LNG. In May 2021, the company said a final investment decision (FID) would happen no later than June 30, 2021. It never happened. One year ago, we told you of Pieridae’s plan to resuscitate the project and move it forward (see
Last year MDN told you about an interesting development for an LNG export project in Canada we’ve tracked for years. Bear Head LNG in Nova Scotia was sold to Houston-based Buckeye Partners for an undisclosed sum (see