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Global natural gas prices will come under pressure through the end of the decade as supply and shipping infrastructure grow rapidly, particularly in Qatar and the U.S., J.P. Morgan said in a report.
Chinese state-owned energy trader Unipec on Monday asked U.S. regulators for a chance to intervene in a request from liquefied natural gas (LNG) developer Venture Global LNG to extend the commissioning period for its Louisiana export project.
BP Plc on Tuesday urged U.S. regulators to refuse Venture Global LNG's request for an extension of time to build its Calcasieu Pass export plant.
Venture Global LNG on Monday told U.S. regulators it will not provide energy firms Repsol SA REP.MC and Galp Energia GALP.LS with confidential documents on a Louisiana export terminal's operations unless ordered to do so.
Three of Venture Global LNG's major customers have asked U.S. energy regulators to address the LNG developer's request for a one-year permit extension to complete a Louisiana export facility, signaling their intention to voice concerns. [Image: Venture Global]