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LNG developers optimistic about market; price impact from exports downplayed


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LNG developers optimistic about market; price impact from exports downplayed

LNG export developers optimistic as analysts talk possible shortage

U.S. LNG export developers are sounding optimistic as analysts and other market watchers start to look beyond the current global LNG glut to a possible shortage in the early 2020s.

Industry group halves estimate of price impacts from LNG exports

Projected increases in domestic natural gas prices brought on by rising U.S. LNG exports will not be as high as previously estimated, according to a new report commissioned by the American Petroleum Institute. The same study said job additions attributed to the LNG industry will be lower due to upstream efficiency gains.

Sempra looks to ease 'growing pains' on Panama Canal

More than a year after the Panama Canal was expanded to accommodate larger ships, Sempra Energy wants to fix logistical issues at the canal that force some shipments to take longer routes, according to one executive.

Tellurian to buy, deliver LNG after it charters tanker

Tellurian Inc. will begin buying and delivering LNG after a subsidiary signed a six-month charter deal for an LNG tanker.

Venture Global alters Calcasieu Pass LNG design after federal safety concerns

After federal agencies told Venture Global Calcasieu Pass LLC that the proposed siting and design of its liquefaction and export terminal may not meet safety regulations, the developer is going back to previous plans that it believes will satisfy requirements.

Rio Grande LNG signs tax abatement deal with Texas county

NextDecade Corp. signed a tax abatement agreement with Cameron County, Texas, as it seeks federal authorization for its proposed Rio Grande LNG export project in the county seat of Brownsville.