The U.S. has become the first country to export 10 million metric tonnes (mmt) of liquefied natural gas in a single month, according to preliminary data from financial firm LSEG.The U.S. exported a record 10.1 mmt of the liquid fuel in October, up from a revised figure of 9.1 mmt in September, LSEG data showed.Already the world's largest LNG exporter, the U.S.
Egypt is in talks with energy firms and trading houses to buy 40-60 cargoes of liquefied natural gas (LNG) amid a worsening energy crunch ahead of peak summer demand, three sources aware of the matter told Reuters.The country faces spending up to $3 billion at current prices to secure the LNG
Supply disruptions linked to the U.S.-Israeli war on Iran could delay construction of liquefied natural gas projects slated for development in the U.S., Freeport LNG CEO Michael Smith said on Wednesday at the CERAWeek energy conference in Houston.The U.S. is the world’s largest LNG exporter and has more new capacity under construction than any other country.
U.S. natural gas futures eased about 1% on Thursday on near-record output and ample amounts of gas in storage despite near-historic flows to liquefied natural gas (LNG) export plants and forecasts for colder weather and higher demand over the next two weeks than previously expected.
U.S. natural gas futures climbed about 4% on Wednesday on near-record flows to liquefied natural gas export plants and forecasts for higher demand than previously expected as the weather turns colder than normal going into December.Front-month gas futures for December delivery on the New York Mercantile Exchange rose 17.9 cents, or 4.1%, to settle at $4.
U.S. natural gas futures fell about 6% on Wednesday to a one-week low in volatile contract expiration trade, pressured by an expected decline in gas flows to liquefied natural gas (LNG) export plants.Traders said Freeport LNG in Texas might reduce output and they pointed to forecasts for less demand this week than previously expected.
Egypt is in talks with energy firms and trading houses to buy 40-60 cargoes of liquefied natural gas (LNG) amid a worsening energy crunch ahead of peak summer demand, three sources aware of the matter told Reuters.The country faces spending up to $3 billion at current prices to secure the LNG
U.S. natural gas futures fell around 1% on Wednesday on a smaller than previously expected decline in daily output so far this month after a 10%-price jump on Tuesday forced some traders to cover some short positions.Gas futures for June delivery on the New York Mercantile Exchange fell 2.4 cents, or 0.7%, to $3.403 per million British thermal units at 9:07 a.m. EDT (1307 GMT).
South Korean firms Korea Midland Power Co (KOMIPO), Korea Southern Power Co (KOSPO) and SK subsidiary PRISM Energy International have issued a tender for one liquefied natural gas (LNG) cargo for delivery in June.According to a tender issued by KOMIPO, which is leading the tender process, the buyers are seeking 3-3.