Released January 07, 2022 | SUGAR LAND
en
Energy Market highlights gathered by Industrial Info and IIR Energy
LNG
European Demand Drives Record U.S. LNG Exports - High European natural gas demand drove U.S. liquefied natural gas (LNG) exports to a record in December, Refinitiv data showed, with winter supply worries set to sustain orders for the fuel. Vessel tracking data showed about 7.15 million metric tons of LNG were shipped last month on 106 vessels, up 16% compared to 6.14 million metric tons on 89 vessels the same month a year ago. That topped the previous record of 6.51 million tons set in May. About half of the record U.S. LNG volumes shipped last month went to Europe, up from 37% earlier in 2021, data from Refinitiv and the U.S. Energy Information Administration (EIA) showed. (Reuters)
CRUDE OIL
Iraq Oil Output Rose in December - Iraq produced 4.23 million barrels per day (BBL/d) of oil in December, up 17,000 BBL/d from November, according to production data from state-owned marketer SOMO. The production figure includes output from Iraq's semi-autonomous Kurdistan region, which produced 406,000 BBL/d last month. Under the OPEC+ agreement, Iraq's crude production ceiling was 4.24 million BBL/d for December. (Reuters)
PIPELINES
Williams Companies Achieves Record Shipping Volumes - Williams Companies (NYSE:WMB) (Tulsa, Oklahoma) announced that it recently delivered a record amount of natural gas on its Transco interstate pipeline. Transco, the U.S.' largest-volume natural gas transmission system, delivered a record-breaking 17.15 million dekatherms on January 3, 2022. The new peak-day mark surpasses the previous high that was set in February 2020. (Reuters)
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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
LNG
European Demand Drives Record U.S. LNG Exports - High European natural gas demand drove U.S. liquefied natural gas (LNG) exports to a record in December, Refinitiv data showed, with winter supply worries set to sustain orders for the fuel. Vessel tracking data showed about 7.15 million metric tons of LNG were shipped last month on 106 vessels, up 16% compared to 6.14 million metric tons on 89 vessels the same month a year ago. That topped the previous record of 6.51 million tons set in May. About half of the record U.S. LNG volumes shipped last month went to Europe, up from 37% earlier in 2021, data from Refinitiv and the U.S. Energy Information Administration (EIA) showed. (Reuters)
CRUDE OIL
Iraq Oil Output Rose in December - Iraq produced 4.23 million barrels per day (BBL/d) of oil in December, up 17,000 BBL/d from November, according to production data from state-owned marketer SOMO. The production figure includes output from Iraq's semi-autonomous Kurdistan region, which produced 406,000 BBL/d last month. Under the OPEC+ agreement, Iraq's crude production ceiling was 4.24 million BBL/d for December. (Reuters)
PIPELINES
Williams Companies Achieves Record Shipping Volumes - Williams Companies (NYSE:WMB) (Tulsa, Oklahoma) announced that it recently delivered a record amount of natural gas on its Transco interstate pipeline. Transco, the U.S.' largest-volume natural gas transmission system, delivered a record-breaking 17.15 million dekatherms on January 3, 2022. The new peak-day mark surpasses the previous high that was set in February 2020. (Reuters)
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
