NGI’s Hub & Flow

Senior LNG Editor Jamison Cocklin and Associate LNG Editor Jacob Dick discuss the downward trend of European and Asian natural gas during the start of the year. They also talk about the implications of mild winter weather, strong gas storage levels and low prices on global LNG markets, including U.S. terminal contracting.

What will be the main themes in energy in Latin America in 2023? NGI Latin America editor Christopher Lenton chats to Rice University's Francisco Monaldi about the major natural gas and oil themes from Mexico down to Argentina, in a world upended by Russia's invasion of Ukraine. Will Latin America export more LNG? Will it provide more oil barrels to the global market to replace Russian deliveries? Listen in to find out what to expect in Latin America energy in 2023.

In the past two weeks, seven power stations have been hit by attacks. The Department of Homeland Security is considering domestic terrorist attacks intended to disrupt U.S. energy infrastructure. NGI's Senior Energy Analyst Shaylon Stolk discusses what the attacks on utilities in Washington, Oregon, and North Carolina might mean for the energy market and the natural gas industry in the political context of U.S. cooperation with Europe to address their natural gas shortages.

The United States has already taken a $29 billion hit from extreme weather events this year. With unusual weather becoming the new normal, building energy infrastructure that can survive the onslaught has become a major priority. NGI's Senior Energy Analyst, Shaylon Stolk, discusses how utilities are trying to balance the urgent need for new energy infrastructure to meet increasing demands and the long-term necessity of heavily weatherized natural gas and power grids that can adapt to the changing climate.

The world can't get U.S. LNG fast enough, but several major potential onshore U.S. liquefaction projects are saying not so fast, and are pushing out their potential FID dates. We believe there are a number of factors behind this, including the potential rise of Fast LNG.

The Haynesville and Marcellus are like the Tale of Two Cities in terms of building natural gas takeaway capacity, and new pipeline projects are being planned to accommodate rapid growth from the Haynesville. Most of that new capacity will serve LNG exports, and most of it will route through Gillis, Louisiana. But just how liquid a trading hub might Gillis become?

As winter approaches, countries throughout Europe are struggling to fill the gap in energy supply left by Russian gas. NGI Associate Editor Jacob Dick and Sr. Energy Analyst Shaylon Stolk discuss how the post-Brexit European Union is building international alliances to meet its energy needs, and how existing political tensions within the UK might be exacerbated by the energy shortage.

Waha gas typically trades at a large basis discount to the Henry Hub, and at times, prices in the Permian have been negative. Most of the industry focus is on increasing takeaway capacity to the Gulf Coast region, but what about west toward California and south to Mexico? We discuss several developments that could help increase the flow of Permian gas in those directions.

The pace of U.S. natural gas production has increased in recent months, but will the momentum continue into 2023, especially considering the potential for a U.S. recession? Longer-term, drilling inventory is the lifeblood of producers, and a growing area of concern among investors. How those shape up in the years ahead will have a major impact on future gas prices.

NGI LNG editors Jamison Cocklin and Jacob Dick walk listeners through the latest on the Freeport LNG outage. They discuss when the terminal on the Upper Texas Coast is likely to restart operations after a June explosion knocked the LNG export facility offline, the findings of a root cause failure analysis and implications for other U.S. terminals, among other things.