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Soaring LNG Prices, Pipeline Constraints Threaten New England Power Grid This Winter

New England’s natural gas pipeline constraints, global supply chain issues tied to oil and liquefied natural gas (LNG) deliveries, and prolonged periods ....

Gordon Van Welie , England Inc , Energy Regulatory Commision , New England , Federal Energy Regulatory Commision , Forward Capacity Market ,

Natural Gas Supply Constraints Could Put New England Power Grid in Winter Crisis Mode

New England’s natural gas pipeline constraints, global supply chain issues tied to oil and liquefied natural gas (LNG) deliveries, and prolonged periods ....

Gordon Van Welie , England Inc , Energy Regulatory Commision , New England , Federal Energy Regulatory Commision , Forward Capacity Market ,

Equitrans Cuts Guidance as Appalachian Producers Continue to Hunker Down


Equitrans Cuts Guidance as Appalachian Producers Continue to Hunker Down
Equitrans Midstream Corp. has significantly cut its 2021 financial forecast as Appalachian natural gas producers continue to curb spending and output.
Equitrans, the third largest natural gas gatherer in the United States with operations in Ohio, Pennsylvania and West Virginia, this month cut its net income guidance for next year to $540-610 million. That’s down from the 2020 forecast that was issued at about the same time last year calling for $1.05-1.10 billion of net income. 
Appalachian pure-play EQT Corp., Equitrans’ largest upstream customer and the Lower 48’s biggest natural gas producer, renegotiated its midstream contracts for fee relief in the coming years that kicks in beginning in 2021. Meanwhile, producers across the country have continued to curb spending and limit output amid lackluster commodity prices and weak demand during the Covid-19 pandemic.  ....

United States , West Virginia , Energy Regulatory Commision , Equitrans Midstream Corp , Equitrans Midstream , Mountain Valley Pipeline , Federal Energy Regulatory Commision , ஒன்றுபட்டது மாநிலங்களில் , மேற்கு வர்ஜீனியா , ஆற்றல் ஒழுங்குமுறை கமிஷன் , மலை பள்ளத்தாக்கு குழாய் , கூட்டாட்சியின் ஆற்றல் ஒழுங்குமுறை கமிஷன் ,