European demand for gas raises US LNG exports in 2022.
The U.S. Energy Information Administration (EIA), cited data by market intelligence firm Cedigaz, reported a strong increase in U.S. LNG exports.
Since the end of last year, EU countries and Britain have increased LNG imports to compensate for lower imports from Russia and to fill historically low natural gas storage inventories.
Similar to 2021, the U.S. sent the most LNG to the EU and UK during the first half of the year, providing 47 percent of Europe’s total LNG imports.
The EU and UK also remained the U.S.’s largest customers for LNG.
“Utilization of the peak capacity at the seven U.S. LNG export facilities averaged 87 percent during the first half of 2022, mainly before the Freeport LNG outage, which is similar to the utilization on average during 2021,” said EIA.
According to EIA, installed U.S. LNG export capacity has expanded by 1.9 Bcf/d or nearly 10 percent since November 2021.
U.S. facilities however nearing their capacity limits in the near term while several investment projects look to expand capacity in the mid-term. While the temporary suspension of exports from the Freeport LNG facility has done little to impede the overall exports, the industry looks forward to its return to increase the supply before the onset of the coldest months in the U.S. and Europe.
Currently, 14 countries in Europe have LNG import facilities although the utilization of the facilities varies by region with the northern and southern parts of the European natural gas pipeline grid not fully integrated.
House of Reps gives NIMASA green light to disburse CVFF –appoints audit firm to coordinate, monitor disbursement
“Rt. Hon. (Barr.) Legor Idagbo – Chairman ii. Hon. Henry Nwawuba – Member iii. | Mrs. Kehinde Bolade Olaiya – Committee Clerk.
President Tinubu appoints Gbajabiamila Chief of Staff
An authoritative source in the Presidency confirmed the development on Thursday.
The source said the president finally made the decision after wide consultations on the contending candidates.
Gbajabiamila has been a member of the House of Representatives since 2012 and has just been re-elected to the House in the last elections.
The choice of Gbajabiamila by the president is not a surprise to many political pundits as he has been a very close ally to the president.
They are part of the brains behind the formation of the All-Progressives Party (APC).
He will now have to forgo his seat in the House of Representatives if he accepts the appointment.
Olufemi Hakeem Gbajabiamila CFR, is a Nigerian lawyer and foundation member of the APC.
He has been a member of the House of Representatives since 2019.
Gbajabiamila was born in Lagos in 1962 and attended Igbobi College for his secondary education and the University of Lagos as part of his education.
He is married to Salamatu Gbajabiamila.
Maritime media, NUJ mourn as Ray Ugochukwu passes on to glory
“The death of Ray came as a big shock to the union.
“We are going to miss his courageous attributes and mentorship.
“He was also one of the pillars of the Lagos Council of NUJ and served the union meritoriously in his capacities as the Chairman of, the Seminar Committee; and as a Member, the Committee on Milestone Recognition of Media Icons In Nigeria.
“He spent most of his life in ensuring the advancement of Maritime Reporting as well as the welfare of Journalists.
“He worked in several media houses.
“Among his giant strides, he was a former President of the Maritime Reporters’ Association of Nigeria (MARAN); President, Maritime Journalists Association of Nigeria (MAJAN); and a former Chairman of the Daily Times Chapel of NUJ.
“The legacies of Ray are indelible and will exist forever.
“May God grant his soul eternal rest” the Lagos NUJ said in a statement signed by Leye Ajayi, the Council Chairman and Tunde Olalere, the Council Secretary.
Headlines2 weeks ago
MSC overtakes Maersk as world’s largest container carrier of 5 m TEU capacity
Foreign4 weeks ago
UK court shuns Nigeria, ECOWAS pleas as it sentences Ekweremadu to 10 years imprisonment for organ trafficking
Headlines2 months ago
Obasanjo’s second daughter, Olubusola Obasanjo, among 510 promoted NIMASA staff
Headlines4 weeks ago
US frets as China pushes to head IMO
Headlines4 weeks ago
Buhari appoints Professor Umar Katsayal as Vice Chancellor, Daura University of Transportation
Customs1 month ago
Fate of customs officer who exposes smuggling ring at Nigerian borders unknown