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US Industry Metrics

Adrienne Blume, Editor

In US gas news, Freeport LNG shipped its first LNG cargo of 150,000 m3 from Train 1 on September 3. Freeport LNG is a three-train facility with a combined LNG baseload production capacity of 1.98 Bft3d, located on Quintana Island in Freeport, Texas. The second and third trains at the facility are under construction and expected to be placed into service in January 2020 and May 2020, respectively. Freeport is the fifth US LNG export terminal to come online since 2016. Freeport is implementing the largest fully-electric motor drive LNG plant in the world, reducing emissions at the facility by more than 90% compared with other plants that use combustion turbines. GP

GP1019 Metrics Fig 01

US gas production and prices

 

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US natural gas spot prices at Henry Hub and NGL spot prices at Mont Belvieu

 

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US natural gas plant field production of NGL, LPG, ethane and propane

 


Copyright © 2019. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

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FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
Global gas is facing a demand hit from the coronavirus pandemic and a structural oversupply in the LNG market following the startups of new LNG export projects in Australia and the U.S.
Industry Focus: Russia Accelerates Fight For Global Gas Export Market Share
-Eugene Gerden
Russia aims to ramp up its efforts to gain more gas export market share this year, despite an unfavorable business environment and growing pressure from major competitors.
Regional Focus: South Africa’s transport strategy to shape country’s gas sector
-Shem Oirere
South Africa’s Gas Utilization Master Plan outlines how the gas sector will be developed. As the country proceeds with the plan,


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