Energy Transfer has agreed to sell Vistra gas through March 31 under the same terms and conditions in place since Dec. 1.
The Texas Railroad Commission, which oversees the state’s gas industry, said in a release on Jan. 19 that about 98% of the facilities its inspectors visited since the end of last summer were already winterized.
Delfin is one of a dozen or so North American LNG export projects that delayed decisions to start construction in 2020 and 2021 in part because coronavirus demand destruction.
Here are some intriguing conclusions from a recent survey of institutional investors, who seem to be bullish about oil prices but not oil demand; concerned about climate risks, but not yet fully incorporating them into valuations.
Analysts say January 2022 is on pace for the coldest month since the 2014 Polar Vortex.
By the end of the year, natural gas spot and futures prices had fallen significantly despite entering the winter heating season enjoying the highest U.S. natural gas prices in almost eight years. What happened?
In contrast to its dealings with the European Union, Russia is delivering natural gas exceeding its contractual commitments to China, Birol added.
The retiring natural gas capacity is made up of older steam and combustion turbine units. The largest U.S. natural gas plant due to close in 2022 is the Meramec power plant in Missouri, the EIA said.
The EIA also projected gas consumption would slide from 82.96 Bcf/d in 2021 to 82.77 Bcf/d in 2022 before rising to 82.84 Bcf/d in 2023. That compares with a record 85.29 Bcf/d in 2019.
Data provider Refinitiv said output in the U.S. Lower 48 states has averaged 94.6 Bcf/d so far in January, down from a record 97.6 Bcf/d in December.