The US Energy Information Administration expects the Henry Hub natural gas spot price to rise from an average of $3.20/MMBtu in July to $3.90/MMBtu in the fourth quarter of this year and $4.30/MMBtu next year due to an increase in US LNG exports.
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US LNG exporter Venture Global LNG expects to make a final investment decision on the second phase of its CP2 LNG project in Louisiana in 2026, according to CEO Mike Sabel.
US FSRU player Excelerate Energy is interested in LNG bunkering infrastructure opportunities as the global fleet of LNG-fueled vessels continues to expand, according to CEO Steven Kobos.
South Korean shipbuilder HD Hyundai Heavy Industries has won a contract worth approximately $494 million to build two liquefied natural gas (LNG) carriers.
US liquefied natural gas (LNG) plants sent 37 cargoes during the week ending October 21, up two cargoes from the previous week, according to the Energy Information Administration.
FSRU-based LNG import terminals in Egypt were the top destinations for US liquefied natural gas shipments for the third month in a row in August, with Europe again becoming the preferred destination for US cargoes over Asia, according to the Department of Energy’s LNG monthly report.