Project Spotlight: Sakhalin LNG [LNG Condensed]

Natural Gas World | Jul 14, 2020 at 8:15 AM

When the Sakhalin II LNG plant came into operation in 2009, its current owners – Gazprom (50% plus one share, Shell (27.5% minus one share), Mitsui (12.5%) and Mitsubishi (10%) – would probably not have predicted that 11 years later its cargoes of LNG would be selling at less than $2/mn Btu, but that was the result of a tender awarded in early May for June delivery. [LNG Condensed Volume 2, Issue 4 – May 2020] – Subscribe to NGW Premium or NGW LNG Condensed (complimentary) to read this article.

U.S. Natural Gas Prices Hit Record Lows In H1 2020 | Jul 13, 2020 at 5:30 PM

The spot price of the U.S. natural gas benchmark Henry Hub hit record lows in the first half of 2020 due to mild winter early in the year and depressed demand later on with the pandemic, the Energy Information Administration (EIA) said on Monday.