Transco Seeks Eastbound Natural Gas Shippers for Leidy Line Capacity in Zone 6
Transcontinental Gas Pipe Line (Transco) has launched a binding open season for its proposed Leidy Access Expansion, a project designed to add firm eastbound capacity on the Leidy Line. The expansion aims to move Appalachian natural gas toward high‑demand markets in Pennsylvania, New Jersey and Maryland. Transco projects roughly 175 MMcf/d of new demand, citing winter‑season constraints that are widening regional price spreads. Shippers interested in securing transportation rights must submit bids during the open season.
Brazil’s Petrobras Lending Hand to Unlock Mexico’s Gulf Deepwater Potential
Brazil’s state‑run oil giant Petrobras and Mexico’s Pemex have announced a technical cooperation to develop deep‑water gas resources in the Gulf of Mexico. The partnership focuses on the Lakach field, which holds roughly 1.1 trillion cubic feet of natural‑gas reserves. Petrobras...
Permian July Bidweek Prices Flip Positive as Summer Heat, GCX Expansion Lift Spot
Baseload natural gas prices in the Permian Basin turned positive in early July bid‑week, ending a months‑long slump. The rebound was driven by heightened summer demand and the activation of new pipeline egress capacity. Meanwhile, Canadian baseload prices continued to...
Corpus Christi LNG Train 7 Commissioning Signals More Gulf Coast Feedgas Demand
Cheniere Energy announced the start of commissioning for Train 7 at its Corpus Christi LNG Stage 3 expansion, adding roughly 186 MMcf/d of incremental feed‑gas demand. The train is the final unit in a seven‑train build‑out that will bring the terminal’s nominal capacity to...
Another Project Moves Ahead to Boost Permian Natural Gas Midstream Capacity
Trace Midstream announced Wednesday it will build a 250 MMcf/d natural‑gas processing plant in southeast New Mexico. The facility adds to a wave of midstream projects aimed at easing the Permian Basin’s chronic takeaway bottlenecks. With 12 new pipelines slated for the...
Why Southern Natural Gas Prices Prove Volatile but Strong Overall
Physical natural gas prices on the Gulf Coast and Southeast showed weekly choppiness but closed June on a firm footing, with several hubs breaching the $4.00 per MMBtu threshold. The Southern Natural gas zone led the rally, posting prices well...
Glenfarne Says Senate Tax Bill Could Leave Alaska LNG Pipeline ‘Unfinanceable’
Glenfarne, the developer of the Alaska LNG project, warned that the Senate‑approved tax bill could render the $13.2‑16.9 billion pipeline segment financially unviable. The legislation strips key tax incentives that the project relied on to attract capital. State lawmakers have convened...
Cash Natural Gas Rally Shifts Eastward
Cash natural gas prices rose on Monday as an extended heat wave and high humidity across the eastern United States boosted cooling demand, pushing spot prices higher in major demand hubs. The regional surge more than offset a sharp retreat...
Stronger LNG Deliveries Likely to Double Year/Year Lower 48 Storage Deficit
Natural Gas Intelligence forecasts a 68 Bcf injection for the week ending June 19, leaving a 57 Bcf storage deficit versus last year – roughly double the year‑over‑year shortfall. The gap is driven by stronger feed‑gas deliveries to Lower 48 LNG export plants, which...
Permian-to-California Corridor Tightens, Sending SoCal Natural Gas Prices Higher
Spot natural gas prices in Southern California surged to $3.585/MMBtu, the highest since the winter low, as the Permian‑to‑California pipeline corridor tightened. El Paso Natural Gas halted about 575 MMcf/d on Line 1600 for remediation, cutting westbound capacity to zero. The new Energía...
Natural Gas Futures Fail to Extend Winning Ways as Supply Builds
Natural‑gas futures slipped on June 18, 2026 as rising supply pressures erased earlier gains. Major Henry Hub‑linked contracts fell, with the El Paso‑Keystone pool dropping $1.045 per MMBtu and the OGT index down 0.11. The broader market saw price declines across...
Pace of Natural Gas Production Recovery May Dictate Summer Pricing
Natural gas producers are rebounding faster than expected after winter disruptions, with output climbing 2.5% month‑over‑month in May. Inventory builds remain modest, keeping the market tight as demand spikes for summer cooling. Analysts warn that the speed of this production...
CFEi Exec Warns Weather Risks Outpace Natural Gas, Power System Reliability
CFE International’s risk chief Jenifer Madrid warned that extreme weather is reshaping North America’s natural gas market faster than traditional supply‑side factors. While LNG exports and new pipeline capacity are expanding, power demand is outpacing those additions, straining grid reliability....
Natural Gas Rally Cools Off as Traders Await Weather Signals
Natural gas prices held near recent highs on Tuesday as Permian Basin hubs continued their rebound from historically low levels. Persistent heat across the Southeast and Gulf Coast pushed regional premiums to some of the strongest in the Lower 48, while...
Agua Dulce Natural Gas Glut Coming but ‘Likely Short’
Kinder Morgan’s Gulf Coast Express (GCX) pipeline is adding a 570 MMcf/d expansion near the Agua Dulce hub, with two new metered interconnects now operational. The new capacity gives the Permian Basin’s cheap Waha gas a direct outlet to South Texas, easing...