Partially Loaded LNG Cargo Arrives/Departs Cove Point, Md.
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?!
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Feedgas, which is the gas that flows to LNG export facilities, hit the lowest levels it has seen since last October according to the U.S. Energy Information Administration. As we pointed out two weeks ago, natural gas prices are staying low because worldwide demand and prices for LNG is currently low (see 
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 
Last week MDN reported about a compressor fire at the Kinder Morgan’s Elba Island LNG export facility in Georgia (see 
Pieridae Energy wants to build an LNG export plant in Nova Scotia, Canada. The project is called the Goldboro LNG project. We’ve tracked the project for years hoping Marcellus/Utica gas might one day feed it (
Just when it seemed everything was going great to get all 10 mini-trains up and running at the Elba Island, Georgia LNG export facility (owned and operated by Kinder Morgan), a compressor fire earlier this week has caused the shutdown of three functioning units along with a fourth unit in the process of commissioning.
We have some exclusive news to share about a northeast PA LNG plant project. In August 2018, New Fortress Energy announced plans to build at least one LNG liquefying plant in Wyalusing, PA (see 
New Fortress Energy, which focuses on producing, exporting, transporting, and importing (in other countries) LNG marches to the beat of a different drummer. The company recently issued its first-quarter 2020 update. On a conference call with analysts, New Fortress founder and CEO (and billionaire) Wed Edens said his company hasn’t applied for nor accepted any government money re the COVID-19 pandemic. They also haven’t laid anyone off. In fact, New Fortress boosted the salaries of frontline fuel workers by 50% for the months of April and May in recognition of the jobs they are doing and the risks they face during the pandemic.
Canada’s Pieridae Energy, planning to build the Goldboro LNG project in Nova Scotia, announced in April it would not make a final investment decision (FID) to build the $10 billion project until “conditions improve” (see 
LNG Limited (LNGL), based in Australia, has been working on a couple of North American LNG export projects over the past half-decade or more. One of them, called Bear Head, would be built in Nova Scotia, Canada and (potentially) export Marcellus/Utica molecules. The other, Magnolia LNG, would be located in Louisiana and yes, potentially export M-U molecules as well. LNGL was in the process of selling itself and its LNG projects to Singapore investor LNG9 PTE for $75 million when LNG9 pulled out of the deal (see