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June 14, 2022
Last week MDN told you about the June 8th explosion and fire at Freeport LNG located near Galveston, the second-largest LNG export terminal in the U.S. (see Explosion Rocks Freeport LNG Export Plant โ Offline for 3 Weeks). The managers of the plant said it would be offline for "at least three weeks." Many are
June 14, 2022
We spotted news that the country of Ukraine, under attack by Russia, has cut a deal (a memorandum of understanding) with Canada's Symbio Infrastructure to import LNG and green hydrogen. Symbio is building a 10.5 million mt/year LNG export facility in Quebec and will export the LNG and H2 from there. Wait just a minute...Quebec
June 13, 2022
Seemingly out of nowhere, a plan to build an LNG export facility on the banks of the Delaware River south of Philadelphia is being actively, seriously discussed. The Philadelphia Inquirer's Andrew Maykuth reports that Penn LNG, headed by a
June 9, 2022
The second-largest LNG export terminal in the U.S., Freeport LNG located near Galveston, Texas, experienced an explosion and fire yesterday. Thankfully nobody was injured and it did not take long to extinguish the fire (see video below). However, the incident has, according to Freeport officials, taken the plant offline for "at least three weeks." Freeport
June 8, 2022
As people believe -- >> we are producing more oil than at any time in recent memory, steve. >> shannon: that is not -- >> it is not a production problem. >> it blessed -- it is much less then would be the case if we had not seen the war on energy unleashed on day one of this administration. >> we are exporting -- >> shannon: we have to leave it there. nobody is feeling that at the pump. they wanted to head south so lets hope the administers and finds a way to do that. kevin and steve, thank you ...
June 8, 2022
The number-crunchers at our favorite government agency, the U.S. Energy Information Administration, published their analysis of LNG exports for the first four months of 2022. Unsurprisingly, because of the Ukraine war, EIA found that 74% of the LNG exported from the U.S. during that time has gone to Europe. It's pretty much a reversal of
June 8, 2022
EQT CEO Toby Rice is and has been on a mission--to spread the gospel of LNG (see EQT CEO Toby Rice Unveils Nationwide Plan to โUnleashโ U.S. LNG). Rice continued his LNG mission this week when he wined and dined and gave tours to officials from the countries of Slovakia, Slovenia, The Netherlands, Sri Lanka,
June 8, 2022
We forecast that, if the situation continues as it is right now, then ukraine would actually only be able to export about ten million tonnes in the next season, which is down almost half from what it exported last season. so it would be a huge reduction, not only because of the logistics behind exporting, but also because its production is also forecast to be reduced this year as a result of damages incurred from the war. theres another element to the story โ turkey. its offering to help remov...
June 7, 2022
We've read the standard, "received wisdom" about the market for natgas in the U.S. so many times we actually believed it. That old canard states that overall Americans use about the same amount of natural gas year in and year out, year after year. Turns out it isn't actually true. The amount of natural gas
June 7, 2022
Broadcasting its intent to expand aggressively in the LNG export market, Chesapeake Energy is advertising to hire a liquefied natural gas (LNG) advisor. The LinkedIn ad shows that so far 41 people have applied. The ad opens by saying the company is looking for "a lead for new business opportunities for Chesapeake for liquified natural