Gazprom Seeks Entry into the United States and Collaborators for LNG Terminals
Posted on Oct 26, 2005 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Gazprom Seeks Entry into the United States and Collaborators for LNG Terminals
Gazprom has expressed interest in buying into LNG infrastructure in the United States in order to remain involved in the distribution of its gas imports. Russian natural gas could enter Texas ports for regasification and distribution by 2010, depending on who works with Gazprom. Today’s Dallas Morning News and The Houston Chronicle have the stories. [The Dallas Morning News...
U.S. Needs More Gas Supplies to Meet Growing Demands
Posted on Oct 25, 2005 in Federal Regulation, Markets and Competition, Regas Terminals & Capacity | Comments Off on U.S. Needs More Gas Supplies to Meet Growing Demands
Woodside Petroleum’s Chief Executive Don Voelte predicts that U.S. gas consumption will increase to 30 Tcf/yr in 2025 from the present rate of 22 Tcf/year. Voelte also said Friday at The Asia-Pacific Economic Cooperation Form in Sydney, Australia that diminishing supplies of natural gas in the United States is contributing to an increase in prices and underscores the need for gas...
U.S. Companies Not Guaranteed Participation in Shtokman Development
Posted on Oct 25, 2005 in Markets and Competition | Comments Off on U.S. Companies Not Guaranteed Participation in Shtokman Development
U.S. Energy Secretary Samuel Bodman said that ConocoPhillips and Chevron are not guaranteed participation with Gazprom in developing the Shtokman field. Yesterday’s Platts LNG Daily has the story. [Subscription...
South Jersey Industries Head Says Crown Landing Project Is Good for Southern New Jersey
Posted on Oct 25, 2005 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on South Jersey Industries Head Says Crown Landing Project Is Good for Southern New Jersey
The Chairman, President & CEO of South Jersey Industries says that BP’s proposed Crown Landing project would provide a stable energy supply for consumers. His opinion piece was published yesterday by Business Wire. [Free registration...
Sempra’s Costa Azul Project Advances
Posted on Oct 25, 2005 in Environmental, Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Sempra’s Costa Azul Project Advances
Sempra’s Costa Azul LNG project is making headway with the tanks and pier under construction, but legal and political challenges remain. The terminal’s progress is reported in yesterday’s San Diego...