Prospects for natural gas in the fourth quarter

2015 ◽  
Keyword(s):  
United States ◽  
Natural Gas ◽  
Demand Response ◽  
The United States ◽  
Liquefied Natural Gas ◽  
Fourth Quarter ◽  
Content Type ◽  
Gas Price

Subject Prospects for natural gas in the fourth quarter. Significance Platts report that US average spot monthly natural gas price for September fell to 2.35 dollars per million British thermal units (mmbtu), comparing with prices of around 4.0 dollars/mmbtu a year ago. Outside the United States prices are higher, but the trend of softening prices and a relatively weak demand response is the same. China's demand is growing, but not enough to outdo the global supply of liquefied natural gas (LNG) into the fourth quarter.

scholarly journals Two if by Sea

2004 ◽  
Vol 126 (07) ◽  
pp. 24-29
Author(s):  
Paul Sharke
Keyword(s):  
United States ◽  
Natural Gas ◽  
Single Point ◽  
The United States ◽  
Gas Production ◽  
Liquefied Natural Gas ◽  
Natural Gas Production ◽  
The 1960S ◽  
Offshore Oil ◽  
Gas Price

This article discusses that ever since the Methane Pioneer sailed a cargo of liquefied natural gas from the United States to England in 1959, LNG trading in the United States has been a business of fits and starts. A chart plotting the growth of seaborne LNG depicts a flat first decade in the 1960s, 10 years’ rise in the 1970s during the first oil crunch and a flurry of Japanese activity, and then a plateau again in the 1980s on the tail of natural gas price deregulation and a bump up in domestic natural gas production. Bluewater’s concepts for offshore LNG terminals are designed to let a tanker weathervane. Moored at a single point, a weather vaning vessel swings freely to present the lowest area it can to wind and sea. The practice is common with offshore oil handling to keep ship movement from straining the floating hose that carries crude off the ship.

scholarly journals ECONOMIC ENVIRONMENT OF ARCTIC LIQUEFIED NATURAL GAS SUPPLIESTO THE ASIAN-PACIFIC REGION COUNTRIES UNDER THE END OF THE “TRADE WAR” BETWEEN THE USA AND CHINA

2020 ◽  
Vol 68 (2/2020) ◽  
pp. 12-21
Author(s):  
M. V. Ulchenko ◽  
Keyword(s):  
United States ◽  
Growth Rate ◽  
Natural Gas ◽  
South Korea ◽  
The United States ◽  
Liquefied Natural Gas ◽  
Asia Pacific ◽  
Russian Arctic ◽  
Pacific Region ◽  
Asia Pacific Region

Currently, the Asia-Pacific market is a priority goal for almost all major producers of liquefied natural gas(LNG). This is due to the relatively high price that local consumers are willing to pay, as well as the accelerated growth rate of natural gas consumption. At the same time, China is the main driver of growth in demand for LNGin the world, has concluded a trade agreement with the United States, which involves the purchase of energy resources worth more than $ 52 billion over two years. Given the decline in LNG prices, as well as increased competition, the issue of the prospects for sales of Russian Arctic gas on the market of the Asia-Pacific region becomes particularly relevant.The study provides a generalized assessment of the needs of the main importers of LNG ––China, South Korea and Japan, with a planning horizon of 4–5 years. The relatively high growth rates of the economy, partial rejection of nuclear energy, struggle to improve the environmental situation, as well as the desire to diversify supply routes explain the needs of the countries in the Asia-Pacific region for additional volumes of LNGin the near future. The analysis showed that both Japan and South Korea are interested in increasing the volume of imports of Russian arctic LNG, whose key advantages over most competitors are the price and relative proximity of sales markets. At the same time, the reduction in the number of operating gas drilling rigs in the United States indicates that it will not be possible to maintain the growth rate of LNG production at the level of 2018 and 2019.

scholarly journals Using Concepts from the Study of Social Movements to Understand Community Response to Liquefied Natural Gas Development in Clatsop County, Oregon

2019 ◽  
Vol 3 (1) ◽  
pp. 1-7 ◽  
Author(s):  
Trang Tran ◽  
Casey L. Taylor ◽  
Hilary S. Boudet ◽  
Keith Baker ◽  
Holly L. Peterson
Keyword(s):  
United States ◽  
Social Movements ◽  
Natural Gas ◽  
Supply And Demand ◽  
Energy System ◽  
The United States ◽  
Community Response ◽  
Liquefied Natural Gas ◽  
Project Outcomes ◽  
Political Opportunities

Shifts in natural gas supply and demand since the early 2000s have triggered proposals for import and export terminals in coastal locations around the United States. Demand for such facilities is likely to grow with increasing rates of natural gas exports. Clatsop County, Oregon, is one such location that experienced over 10 years of debate surrounding the development of these facilities. The first liquefied natural gas (LNG) facility was proposed in this area in 2004; the final was withdrawn in 2016. While residents expressed both support and opposition early on, opposition dominated by the end. Drawing on insights from the literature on social movements, we conduct a case study of community response to LNG proposals in Clatsop County. We show how opponents were able to successfully frame the potential risks of LNG in a manner that had strong community salience, allowing them to appropriate resources and create political opportunities to advance their cause and influence local and state decisions. Engaging with this case provides an opportunity to observe the behavior and decisions of both opponents and supporters over time, and how they affected project outcomes. LNG proposals in Oregon have been among the most controversial cases of LNG development in the United States. As shale gas development continues to grow, understanding the conflicts involved with its associated infrastructure is critical to creating a more just and equitable energy system.

Inventories may drag on US natural gas prices

2016 ◽  
Keyword(s):  
United States ◽  
Natural Gas ◽  
The United States ◽  
Gas Production ◽  
Power Sector ◽  
Content Type ◽  
The Past ◽  
Natural Gas Prices

Significance US natural gas prices have surged over the past six weeks thanks to falling supply, strong demand from the power sector and rising exports. The uptick in prices has provided a glimmer of hope to gas producers in the United States, hard hit by a prolonged slump in prices. Impacts Declining gas production and rising demand will mean increased pipeline imports from Canada over the coming months. Mexico will pay higher prices for US natural gas imports as the Henry Hub benchmark, potentially hitting demand. US producers that have more gas-producing assets in their portfolio will benefit from rising prices.

Bulgarian party split may help revive Russian gas plan

2016 ◽  
Keyword(s):  
United States ◽  
Natural Gas ◽  
European Commission ◽  
The United States ◽  
Gas Pipeline ◽  
Political Support ◽  
The South ◽  
Content Type ◽  
South Stream ◽  
Pipeline Project

Significance Mestan also implied that Borisov and Dogan were allied in promoting Russian interests in Bulgarian politics -- while Bulgaria's 'yellow press' accuses him of being a Turkish puppet. On January 13, Borisov dismissed reports that he was keen to revive the South Stream gas pipeline project, but confirmed that Bulgaria was lobbying the European Commission for a Varna gas hub that would revive at least the underwater part of South Stream bringing Russian natural gas to Europe. Impacts DPS realignment will strengthen Borisov's hand domestically, but alienate Turkey and worry the United States. His interest in a gas hub enjoys overwhelming support in both government and opposition, with only about 20 deputies likely to oppose it. Broadly coinciding with Russian interests, the hub must now secure EU financial and political support, in the teeth of US opposition.

Cyprus will try to improve tarnished image in West

2019 ◽  
Keyword(s):  
United States ◽  
Natural Gas ◽  
The United States ◽  
Small Contribution ◽  
Construction Sector ◽  
Foreign Nationals ◽  
Content Type ◽  
Property Prices ◽  
Investment Programme ◽  
The Impact

Subject Nicosia’s decision to revoke the citizenship of 26 foreign nationals. Significance Cyprus has tightened up its Citizenship by Investment Programme (CIP) with regard to certain controversial individuals out of a desire to strengthen relations with the United States and EU. This is particularly important given Turkish efforts to prevent Cyprus exploring for natural gas in its waters. Impacts According to a finance ministry study, CIP made a positive but relatively small contribution to GDP during 2013-18. The construction sector benefited in particular, with employment rising by about 8%. The effect on property prices seems largely to have been confined to Limassol. The impact on Cypriot banking amounted largely to stabilising the sector and providing a new source of finance during the banking crisis.

Japan's political outlook stable but economy will slow

2019 ◽  
Keyword(s):  
United States ◽  
Trade Agreement ◽  
The United States ◽  
Fourth Quarter ◽  
Sales Tax ◽  
Local Elections ◽  
Territorial Dispute ◽  
Content Type ◽  
The Us ◽  
Economic Slowdown

Subject The outlook for politics in Japan for the rest of 2019. Significance Japan’s political calendar is busy in the months ahead. On May 1, a new emperor will take the throne. The G20 meeting will be held in Osaka in June. The US and Chinese presidents will both visit separately, too. Upper house elections are due in July, following local elections in April. In October, a long-postponed rise in sales tax will take effect. Impacts Some economic slowdown in the fourth quarter seems inevitable, following the hike in the sales tax. The prospect of a settlement of Japan’s territorial dispute with Russia is distant, despite optimistic talk. Trade talks with the United States are likely to be protracted and not settled until after Washington reaches a trade agreement with Beijing

scholarly journals LIFE CYCLE GREENHOUSE GAS PERSPECTIVE ON EXPORTING LIQUEFIED NATURAL GAS FROM THE UNITED STATES: 2019 UPDATE

2019 ◽  
Author(s):  
Selina Roman-White ◽  
Srijana Rai ◽  
James Littlefield ◽  
Greg Cooney ◽  
Timothy J Skone
Keyword(s):  
United States ◽  
Life Cycle ◽  
Natural Gas ◽  
Greenhouse Gas ◽  
The United States ◽  
Liquefied Natural Gas

scholarly journals Residential Natural Gas Demand Response Potential during Extreme Cold Events in Electricity-Gas Coupled Energy Systems

Energies ◽  
2020 ◽  
Vol 13 (19) ◽  
pp. 5192
Author(s):  
Andrew Speake ◽  
Paul Donohoo-Vallett ◽  
Eric Wilson ◽  
Emily Chen ◽  
Craig Christensen
Keyword(s):  
United States ◽  
Natural Gas ◽  
Demand Response ◽  
The United States ◽  
Cold Weather ◽  
Residential Heating ◽  
Weather Events ◽  
Extreme Cold ◽  
Natural Gas Demand ◽  
The Impact

In regions where natural gas is used for both power generation and heating buildings, extreme cold weather events can place the electrical system under enormous stress and challenge the ability to meet residential heating and electric demands. Residential demand response has long been used in the power sector to curtail summer electric load, but these types of programs in general have not seen adoption in the natural gas sector during winter months. Natural gas demand response (NG-DR) has garnered interest given recent extreme cold weather events in the United States; however, the magnitude of savings and potential impacts—to occupants and energy markets—are not well understood. We present a case-study analysis of the technical potential for residential natural gas demand response in the northeast United States that utilizes diverse whole-building energy simulations and high-performance computing. Our results show that NG-DR applied to residential heating systems during extreme cold-weather conditions could reduce natural gas demand by 1–29% based on conservative and aggressive strategies, respectively. This indicates a potential to improve the resilience of gas and electric systems during stressful events, which we examine by estimating the impact on energy costs and electricity generation from natural gas. We also explore relationships between hourly indoor temperatures, demand response, and building envelope efficiency.

Prospects for Shipping of Liquefied Natural Gas

1977 ◽  
Vol 14 (04) ◽  
pp. 351-378
Author(s):  
George L. Stiehl
Keyword(s):  
United States ◽  
Natural Gas ◽  
Western Europe ◽  
The United States ◽  
Liquefied Natural Gas ◽  
Energy Requirements ◽  
Free World ◽  
World Today ◽  
Energy Consuming

Natural gas comprises approximately 20 percent of the more than 200 quadrillion Btu's of energy consumed annually in the free world today. This paper examines energy requirements of major energy-consuming areas such as the United States, Western Europe and Japan, indicating the probable demand for natural gas through 1985. Implications of this demand in terms of importation of liquefied natural gas are measured to determine probable future requirements for LNG carriers.

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