The US Energy Information Administration expects the Henry Hub spot price to average $4.20/MMBtu in 2025 due to lower natural gas inventories and higher LNG exports, according to its latest short-term energy outlook.
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US liquefied natural gas (LNG) plants sent 37 cargoes during the week ending September 30, up four shipments from the previous week, according to the Energy Information Administration.
Global LNG imports declined significantly by 8.8 percent year-on-year to 34.29 Mt in August, as the ongoing Middle East conflict continued to constrain global LNG trade, the Gas Exporting Countries Forum (GECF) said in its latest report.
US gas producer Comstock and Azerbaijan’s energy firm Socar entered into a framework agreement memorializing the previously announced strategic partnership and Socar's $1.65 billion investment in Comstock's Haynesville shale assets with access to US Gulf Coast LNG facilities.