NGI's Hub & Flow NGI: Natural Gas Intelligence

Energy and environmental policy expert Chris Treanor, executive director of the Partnership to Address Global Emissions (PAGE), joins NGI Senior Editor of LNG Jacob Dick to recap some of the highlights from CERAWeek by S&P Global in Houston and what could be ahead for the natural gas industry during this election year. Treanor and Dick discuss the need for constructive policies around LNG and natural gas generally, in order to meet climate goals while protecting energy security for the United States and its allies. Treanor shares his reaction to comments made by Energy Secretary Jennifer Granholm at the conference, as well as his thoughts on the Biden administration’s pause of LNG export approvals.

In the latest episode of NGI’s Hub & Flow, NGI Senior Markets Editor Kevin Dobbs interviews Paragon Global Markets LLC’s Steve Blair, managing director of institutional energy sales.
 
Blair addresses production and supplies in storage, domestic weather and LNG demand, and sets the stage for the summer ahead in natural gas markets. 
 
Blair noted that, while prices are currently suppressed following a mild winter and record production during the heating season, natural gas output in recent weeks has come off record highs. Major producers such as Chesapeake Energy and EQT Corp. have publicly announced efforts to scale back production to align supply/demand. Forecasts, meanwhile, point to another hot summer. Longer term, LNG export facilities are poised to open soon on the Gulf Coast to meet growing global gas needs. Should demand rise in parallel with lower production, markets could rally.
 
Blair and Dobbs delve into the state of natural gas markets.

NGI senior editor Chris Lention interviewed Mexico energy expert Rosanety Barrios in the latest NGI podcast. Barrios is the head of the energy team for Mexican presidential candidate Xóchitl Gálvez, who remains behind in polling but is gaining ground on the establishment pick, Claudia Sheinbaum. Topics discussed included Gálvez’s plans for the energy sector, focusing on the role of natural gas. They dive into how natural gas pricing plays into energy security, as well as LNG export projects, the future of refineries and the burning of fuel oil. They discuss how Cenagas will be employed in a new government, including open access policies, the transformation of the state companies CFE and Pemex, jump-starting Mexico's natural gas production, and ultimately what Barrios would prioritize if she were to become Mexico's next Energy Minister.

What is the outlook for North American natural gas? We discuss this and more in NGI's latest podcast diving into energy company fourth quarter earnings reports, Wall Street’s consensus estimates and thoughts on the quarterly Nabors Industries Ltd. survey of major U.S. E&P customers and how predictive it is of rig counts.

Flex LNG CEO Oystein Kalleklev joins NGI's Senior LNG Editor Jamison Cocklin to discuss attacks on commercial vessels in the Red Sea and how the security situation is impacting the global natural gas market. 
 
Flex owns a fleet of LNG carriers. The episode explores why the attacks have so far done little to disrupt LNG shipping and how that could change if they continue longer-term. Kalleklev also weighs in on the Biden administration's decision to pause U.S. export authorizations.

After the Jan. 26 announcement from the Biden administration that Department of Energy authorizations for new LNG export projects will be paused for an open-ended period, speculation has swirled about what that could mean for the industry and global supply.
Rapidan Energy Group's Alex Munton joins NGI's Jacob Dick to discuss what it means, why it happens and which developing projects might be the most impacted.