Articles tagged Ldc Forum

Mounting pressure on FERC to change the way it reviews natural gas projects is making energy investors more nervous and is risking a disruption of the U.S. energy infrastructure buildout, according to former Commission Chairman Neil Chatterjee.

Natural gas producers, suppliers, marketers and buyers – the industry’s gamut – gathered in Boston last week and sounded alarm bells in unity, calling for the construction of vital infrastructure.

Drops in natural gas production, declining storage surpluses and stronger summer weather demand in the Lower 48 and abroad all line up in bulls’ favor. These factors could prop up prices through the cooling season and potentially longer, a cadre of analysts agreed this week.

EQT Corp., the largest natural gas producer in North America, scaled back output earlier this year in response to low prices amid a mild winter. However, with forecasts for sizzling summer heat domestically and abroad, CEO Toby Rice said the Pittsburgh-based company has started to bring back the 1 Bcf/d curtailed in late February.

As U.S. LNG exporters race to be the next project built on the Gulf Coast, natural gas demand is forecast to soar through the decade, causing near-term supply and infrastructure constraints throughout the market.

North American utility customers are less likely to pay into carbon offset programs using renewable natural gas (RNG) or differentiated gas when prices are high, according to several industry executives. 

Decarbonizing natural gas consumption is considerably more complex than doing so for electricity, but U.S. gas suppliers are up for the challenge, industry players said this week.

Local natural gas distribution companies are showing signs of becoming more collaborative in developing greenfield infrastructure projects, a representative of storage tank specialist Cashman Preload Cryogenics (CPC) said at the LDC Gas Forum Southeast in Savannah, GA last month.

Slower-than-usual rig count growth, fewer uncompleted wells and a shrinking coal generation fleet are contributing to an atypical natural gas market recovery, according to analysts with ConocoPhillips.

Soaring natural gas prices in Europe and Asia and a tight global natural gas market could get planned North American liquefied natural gas (LNG) projects across the finish line.