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...Demand for LNG climbed in the wake of Russia’s full-scale invasion of Ukraine in February 2022 as Europe tried to replace lost Russian pipeline volumes....
...Venture Global’s Calcasieu Pass LNG plant, located on the Gulf coast in Louisiana, started producing LNG in January 2022 and exported its first cargo two months later....
...But unlike opposition to oil pipelines and drilling that the energy industry often blames for higher petrol prices, they argued that limiting LNG exports could lower fuel costs for US households....
...“What they [the companies] keep telling us is that because we already have all the industry and the pipelines, that’s why . . . they’re building the LNG....
...US LNG exports have grown in importance since the war in Ukraine began, as Europe seeks to replace gas shipped by pipelines from Russia....
...He said the build-out of LNG projects on the US Gulf Coast would continue as American exporters look to meet the boom in European demand....
...In recent days, Finland and Estonia have reported a possible leak to the 77km-long pipeline across the Gulf of Finland between the two countries, which opened in 2020....
...TC Energy will also supply Canada’s first LNG terminal, which is set to be completed in 2025, and retain its power generation business....
...Before the energy crisis Germany was the only big economy in Europe without LNG import capacity, such was its reliance on pipeline gas from Russia....
...A new wave of multibillion-dollar LNG projects on the US coast of the Gulf of Mexico has gathered pace over the past year as the energy upheaval triggered by the war prompts a global dash to secure fossil...
..., along the Gulf coast....
...Sempra Energy yesterday greenlighted its $13bn Port Arthur LNG export terminal on the Texas Gulf Coast....
...LNG developer Venture Global yesterday committed to a big expansion of its Plaquemines export facility, which is under construction on the US Gulf Coast....
...Paul Varello, chief executive of Commonwealth LNG, which is trying to secure buyers for its proposed export plant in Louisiana on the US Gulf Coast, said he was also struggling to find willing European buyers...
...In Data Drill, Amanda tots up all the investment coming down the pipeline for new American LNG export capacity....
...The LNG will come from Qatar’s North Field East and North Field South projects, which aim to boost the Gulf state’s domestic LNG production to 126mn tonnes from the current 77mn tonnes by 2027....
...The slow restart of Freeport LNG, a huge export facility on the Gulf of Mexico, has also removed a big consumer of gas from the market, providing another headwind for US prices....
...As Gulf terminals export record volumes of gas, Elizabeth Warren, the Democratic senator from Massachusetts, this year urged the administration of Joe Biden to curb LNG exports “to keep prices low for American...
...The regional glut has been exacerbated this week by scheduled maintenance on the Kinder Morgan-operated Gulf Coast Express and El Paso Natural Gas pipelines, which carry gas from away from the Permian Basin...
...“Germany imports 55 bcm of non-Russian gas per year through its pipeline system. Deliveries are reasonably constant, amounting to roughly 18 bcm during the winter months....
...The terminal at Eemshaven was officially opened late on Thursday with the first LNG shipment arriving from the US gulf, said Dutch gas grid operator Gasunie....
...TTF, the European benchmark for pipeline gas and LNG, reached €311 per megawatt hour ($88.5/mmbtu) in August, up nearly 250 per cent compared with the start of the year....
...requirement for LNG to be shipped around the coast....
...of LNG tankers to Europe, replacing lost Russian supplies....
...Germany’s decision to tie itself to the Nord Stream pipelines, and forgo diversification, was a bed of its own making....
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