Analyst Predicts Increase of LNG Shipments to the US
Posted on Feb 6, 2006 in Liquefaction, Markets and Competition | Comments Off on Analyst Predicts Increase of LNG Shipments to the US
The Gerdes Group expects greater liquefaction capacity in the Atlantic Basin to yield more US LNG imports and cause US gas prices to decrease. The Atlantic Basin LNG market “is on the cusp of an almost 50% increase in liquefaction, and after accounting for contracted volumes dedicated to various markets, the US appears likely to keep up with Europe in terms of incremental LNG...
Prime Minister Says Trinidad and Tobago Can Meet Gas Requirements
Posted on Feb 3, 2006 in Liquefaction, Markets and Competition | Comments Off on Prime Minister Says Trinidad and Tobago Can Meet Gas Requirements
Amid speculation that the government of Trinidad and Tobago might not be able to supply gas to current projects, the nation’s prime minister today said that there is ample natural gas to supply six proposed gas projects and as well as satisfy existing agreements. “We took a decision late last year that over the next year or two, there are six projects that will be given...
FERC Asks Bayou Casotte Energy to Address Gas Composition Issues
Posted on Feb 3, 2006 in Federal Regulation, Gas Composition, Pipelines, Regas Terminals & Capacity | Comments Off on FERC Asks Bayou Casotte Energy to Address Gas Composition Issues
In a letter dated Feb. 2, FERC’s Office of Energy Projects asked Bayou Casotte Energy, which has proposed the Casotte Landing LNG terminal in Pascagoula, Miss., to supply information regarding the degree to which the Natural Gas Liquids Extraction System will “remove liquids such that the resultant gas quality conforms to the applicable sections of each interconnecting...
Environmental Review Necessary for Proposed Grande Anse LNG Project
Posted on Feb 3, 2006 in Canada & Mexico, Environmental, Regas Terminals & Capacity | Comments Off on Environmental Review Necessary for Proposed Grande Anse LNG Project
The Canadian Environmental Assessment Agency will require that the Grande Anse LNG project proposed for Quebec must undergo a thorough environmental evaluation. The terminal proposal, which includes three 160,000 m3 storage tanks and would send out 1 Bcf/d, is a joint venture by Saguenay Port Authority and Energie Grande Anse. Today’s Upstream has the details. [Subscription...
Environmental Group Protests Philadelphia City Council’s Decision on Resolution
Posted on Feb 3, 2006 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Environmental Group Protests Philadelphia City Council’s Decision on Resolution
PennEnvironment yesterday issued a press release expressing regret over the Philadelphia City Council’s decision to put on hold a resolution opposing PGW’s plans for an LNG terminal in Port Richmond. “PennEnvironment is disappointed that City Council failed to recognize the public safety threat posed by LNG, and left the door open for PGW’s dangerous energy...