LNG
Gulf Coast communities are dealing with increasing storms from climate change and higher levels of pollution from U.S. LNG terminals. Those facilities are also heavily subsidised by local and state governments.
Trump’s re-election could mean more U.S. LNG exports being sent to Europe, even though EU gas demand is already in decline.
Bangladesh’s interim government has already scrapped several Petrobangla LNG deals, sources told Gas Outlook.
Changes are underway in Asia that could see the region increase its cloud computing, data centre and AI footprint. However, at the end of the day, just how to power this digital trajectory could lead to more gas usage and in tandem, new environmental pushback.
The global LNG market might be tighter than previously anticipated in the long-term amid a projected supply gap of around 120 million tonnes per year in 2040, a Wood Mackenzie conference heard on Tuesday.
Nigeria has licensed UTM Offshore to develop its first floating LNG facility, boosting production capacity to 2.8 million tonnes annually and tapping into flared gas.
A highly-anticipated peer-reviewed study finds that LNG has a greenhouse gas footprint that is 33 percent larger than coal. The data suggests the expansion of LNG is a major threat for the climate.
The controversial LNG export terminal Calcasieu Pass has had operational problems for more than two years, resulting in chronic air pollution. A landowner reports witnessing excessive gas flaring at the site in late September.
At Gastech, industry representatives said overhauling permitting procedures would make it easier to build gas and LNG projects. With Congress taking up legislation, the gas industry senses an opportunity.
Gas prices remain low despite the extraordinary increase in U.S. LNG exports. At Gastech, industry analysts warned that the gas industry may have trouble supplying more LNG terminals without leading to a spike in prices.
Gas Outlook will be reporting from Gastech, one of the largest global gatherings of the oil and gas industry, in Houston next week, at a time when the fate of the U.S. LNG sector is unclear.
Major changes made by Bangladesh’s new interim government have put at risk several multi-billion dollar energy deals and projects that were in the pipeline.
Air pollution from U.S. LNG export terminals imposes heavy costs on human health, according to a new study. That toll would more than double if all proposed LNG projects move forward.
NextDecade’s stock plunged after a federal court tossed out its FERC authorisation, dealing a blow to the Rio Grande LNG project’s fortunes. Analysts say the decision could have a “chilling effect” across the entire U.S. LNG industry.
A new report finds that gas price volatility and damages from worsening wildfires are driving up electricity rates. Renewable energy, on the other hand, leads to cost savings.