Tag: natural gas

The International Gas Union announced the release of the Global Gas Report 2024, produced in partnership with Snam and Rystad Energy.

The European Commission has approved up to €6.9bn ($7.4bn) of state aid funding for hydrogen infrastructure projects across seven member states.

Texas LNG Brownsville LLC, a four million tonnes per annum (MTPA) liquefied natural gas (LNG) export terminal to be constructed in the Port of Brownsville, Texas, has signed a Heads of Agreement (HOA) with EQT Corporation (EQT) for natural gas liquefaction services.

According to IEA, for the very first time, on 28 August 2023, the United States met more than of half of its electricity demand from natural gas. It encapsulated a summer during which gas-fired electricity generation grew dramatically. In just the past two years, its share of the power mix rose from 40 to 45 percent for the summer months of July and August.

The average utilization rate (or capacity factor) for the entire U.S. fleet of combined-cycle natural gas turbine (CCGT) electric power plants has risen as the operating efficiency of new CCGT units has improved, EIA highlights.

According to EIA's recently released Winter 2023–24 Global LNG Analysis, relatively full natural gas inventories in the United States and Europe and expanded global liquefied natural gas (LNG) export and import capacity have improved the likelihood that global gas supply is sufficient to meet demand in the 2023–24 winter season (November–March).

Cheniere Energy, announced that Cheniere’s subsidiary, Cheniere Marketing, LLC has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Foran Energy Group Co. Ltd. (Foran).

Reuters highlights that, U.S. liquefied natural gas (LNG) producers ramped up exports in October, to 7.92 million metric tons, according to data provider LSEG, the second-highest monthly level on record.

The International Gas Union announced the release of the Global Gas Report 2023, produced in partnership with Snam and Rystad Energy.

Proman has signed an MoU with Mitsubishi Corporation to explore building a world-scale ultra low-carbon ammonia facility in Lake Charles, Louisiana.