Exporting

Our favorite government agency, the U.S. Energy Information Administration (EIA), is singing a different tune than it did less than two months ago. In late June, EIA published a post discussing the drastic drop in U.S. LNG (liquefied natural gas) exports, saying a recovery to pre-COVID levels would not happen until sometime next year (see EIA Says U.S. LNG Exports Fall by Half in 2020, Recovery Late 2021). EIA is back with a new prediction, which we like better…
Read More “The Sorry State of U.S. LNG Exports & When Will it Change?”

As we have been saying for some time, LNG exports from the U.S. are low and staying low for at least a few more months (see May NatGas Deliveries to US LNG Plants Lowest Since Last October). The U.S. Energy Information Administration (EIA), our favorite government agency, published a post yesterday detailing just how low. So far this year LNG exports from the U.S. have declined by half from previous levels. Looking at one of the charts where EIA forecasts future LNG exports, it looks like it will be third or fourth-quarter 2021 before we hit the same level of exports we had in 1Q20.
Read More “EIA Says U.S. LNG Exports Fall by Half in 2020, Recovery Late 2021”

In early May MDN reported Elba Island LNG, a Marcellus Shale gas export facility located near Savannah, Georgia, was in the process of firing up train #8 of the 10 mini-trains being built (see KM’s Elba Island LNG Fires Up 8th Liquefaction Unit). The Federal Energy Regulatory Commission (FERC) has just granted permission to Kinder Morgan, the builder, to introduce feed gas into train #9, meaning that train is nearly ready to go live.
Read More “FERC Approves Feed Gas for Elba Island LNG Train #9”

As we pointed out two days ago, rumors are swirling that a cargo of Nigerian LNG may be heading (at some point) for the Elba Island, Georgia LNG import/export facility (see LNG Imports Coming *to* Elba Island, Georgia?). An MDN reader sent us a tip about another LNG anomaly: A partially loaded cargo of LNG (from Tinidad) recently docked at the Cove Point, Maryland LNG export facility. What’s up with that?!
Read More “Partially Loaded LNG Cargo Arrives/Departs Cove Point, Md.”

Two weeks ago MDN brought you the news that consulting powerhouse PricewaterhouseCoopers (PWC), which had been hired to liquidate the assets of Australian company LNG Limited (LNGL), had found a buyer for the Magnolia LNG export project for $2.25 million (see PWC Sells U.S. Magnolia LNG to U.K. Company for $2.25M). Scrub that. The buyer never came through with the money, so PWC has found a second buyer, for $2 million. The fire sale continues.
Read More “PWC Sells U.S. Magnolia LNG to Different Company for $2M”

It looks like another new market may open up for Marcellus molecules along the Gulf Coast. Louisiana LNG, which has been renamed Pointe LNG, began life in 2014. The project didn’t initially “gain traction” but is now rekindled. The co-founders of the project have hired Whitehall & Co as their financial advisor to help them locate $4 billion to get it built. What’s that? How does a Gulf Coast LNG plant tie into the Marcellus?
Read More “New Pointe LNG Facility in La. Would Export Marcellus Gas”