Last week (47) brought some good news for natural gas, reports Greg Molnar.
Sempra reached FID on its Costa Azul liquefaction plant in Mexico, the first and only LNG FID so far this year, but who is next?
TAP pipeline started commercial operations after four and half years of construction works through a challenging terrain and offshore: but no gas is flowing yet, as shippers await nominations;
Qatargas delivered first LNG cargo on a Q-max vessel to Tianjin LNG terminal in China to Sinopec;
In Germany, Stade LNG expects to launch a non-binding open season for the planned 12 bcm/y regas terminal;
China’s gas storage boosted up: 5 bcm more gas in stock compared to last year ahead the winter season, allowing more supply flex during brisk coldsnaps.
Prices:
HenryHub: $2.2/mmbtu
TTF: $4.46/mmbtu
JKM: $6.25/mmbtu
Charters: $112k/day
Source: Greg Molnar
See original post by Greg on LinkedIn.
