Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on export permits.
The U.S. has extended the comment period on a federal study of the economic and environmental impacts of the booming liquefied natural gas (LNG) export business after advisers had urged President Donald Trump to take a patient approach to prevent approvals from getting overturned in court.
President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's climate policies.
One of the president’s executive orders offers a new path for getting a gas development across the finish line.
Former Trump Energy Secretary Rick Perry on President Trump's sweeping energy agenda and the challenges winter storms could pose to Texas' power grid.
Brokers are quoting levels for 174,000-cbm vessels lifting cargoes out of the US to Europe at $9,000 per day on a round trip voyage basis — a record low for modern vessels of this type. This is down from an already weak $22,000 per day seen at the start of this year. A Vitol relet is being reported as fixed to Petronas UK at around $9,000 per day.
Europe is increasingly reliant on its ability to attract LNG following the loss of Russian gas through Ukraine, as it depletes its gas in storage. The EU’s gas storage was 59 per cent full as of Monday, 15 per cent below the same time last year, according to industry body Gas Infrastructure Europe. Colder weather contributed to a faster withdrawal.
Within hours of returning to the country’s highest office Monday, President Donald Trump formalized his support for the $44 billion Alaska LNG Project.
"Portugal to increase LNG purchases from US, Nigeria, reduce Russian imports" was originally created and published by Offshore Technology, a GlobalData owned brand.
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President Donald Trump said on Thursday the United States would guarantee supplies of liquefied natural gas to Europe, even amid worries that the booming export industry could boost prices of gas for U.