CNG/LNG

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 Freeport LNG Plant Back to Full Capacity Using 2.1 Bcf/d of NatGas). Some new export capacity came online while Freeport was down. Now that Freeport is back, combined with new capacity from LNG exporters, the U.S. exported more LNG in March than it ever has–7.73 million tonnes.
Read More “U.S. LNG Exports Hit New All-Time High in March Thx to Freeport”

Within two years, LNG replaced all of the gas world markets lost coming from Russia. U.S. export revenues from LNG grew exponentially over the last six years. Export volumes and wealth from LNG could potentially lead to an astonishing $100 billion in new LNG developments in the U.S.! LNG will be a strong driver of U.S. natural gas production over the next seven years. The U.S. may double its exports, or more, from now to 2030. We are, writes author and petroleum engineer Ian Palmer, in the midst of a “Golden Age” for LNG. What is a Golden Age? And what does it mean for LNG?
Read More “The Golden Age of U.S. LNG Provides Energy Security for World”

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 Freeport’s Rocky Road to Full LNG Restart – Feedgas Deliveries @ 50%). We have some great news. Reuters is reporting that as of yesterday, the full 2.1 Bcf/d (billion cubic feet per day) of feedgas is once again flowing to the Freeport facility. This day has been a long day in coming.
Read More “Freeport LNG Plant Back to Full Capacity Using 2.1 Bcf/d of NatGas”

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 month, the Federal Energy Regulatory Commission (FERC) granted permission for the final pieces of the facility to return to full service (see FERC Grants OK to Restart Freeport LNG Final Liquefaction Train). However, the restart has been plagued with issues–to the point that cargo ships lined up to accept Freeport LNG were canceled (see Hiccups with Freeport LNG Restart Cause Cancellation of 4 LNG Ships). S&P has data showing feedgas flowing to the plant for several days last week averaged just over 1 Bcf/d (billion cubic feet per day).
Read More “Freeport’s Rocky Road to Full LNG Restart – Feedgas Deliveries @ 50%”

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. The Federal Energy Regulatory Commission (FERC) granted permission for Freeport to restart two of three liquefaction “trains” at the facility in February (see FERC Clears Freeport LNG to Restart 2 of 3 Liquefaction Trains), and the third train and all remaining operations received permission to restart earlier this month (see FERC Grants OK to Restart Freeport LNG Final Liquefaction Train). However, there have been hiccups–unspecified problems–that have caused Freeport to cancel some of the LNG cargo carriers waiting to load up at the facility.
Read More “Hiccups with Freeport LNG Restart Cause Cancellation of 4 LNG Ships”

According to data from the U.S. Energy Information Administration (EIA), U.S. exports of liquefied natural gas (LNG) averaged 10.6 billion cubic feet per day (Bcf/d) in 2022, increasing by 9% (0.8 Bcf/d) compared with 2021. The increase in U.S. LNG exports was driven by strong LNG demand in Europe, high international natural gas prices, and expanded U.S. liquefaction capacity. U.S. LNG exports to Europe increased 141%, or 4.0 Bcf/d, compared with 2021.
Read More “Europe #1 Destination for U.S. LNG Exports, Up 141% in 2022”

Sempra Infrastructure, a subsidiary of Sempra, announced yesterday it had reached a positive final investment decision (FID) for the development, construction, and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas. Sempra closed on all of the remaining financial aspects of the deal–selling a piece to KKR and forming a joint venture with ConocoPhillips. It also has all of the customers it needs lined up (see Port Arthur LNG Now has All Customers Needed to Build Phase 1). With all of the i’s dotted and t’s now crossed, Sempra made the FID and told its contractor, Bechtel, to rev up the bulldozers and begin construction. Let’s gooooo!
Read More “Port Arthur LNG Pulls Trigger on FID, Tells Builder to Start Work”