Qatar Gas Orders World’s Largest LNG Vessels
Posted on May 24, 2006 in Technology, Vessel Transportation | Comments Off on Qatar Gas Orders World’s Largest LNG Vessels
According to Industry Week and Alexander’s Gas & Oil Connections, Qatar Gas Transport Company has ordered six new LNG vessels with capacity of 265,000 cubic meters each. Each vessel will cost approximately $300 million, and will use diesel engines and onboard reliquefaction technology. Qatar Gas Transport will own the vessels, and Qatar Liquefied Gas Company...
Pemex May Acquire Ownership in Manzanillo Terminal
Posted on May 24, 2006 in Canada & Mexico, Financing, Regas Terminals & Capacity | Comments Off on Pemex May Acquire Ownership in Manzanillo Terminal
Mexico’s Energy Secretary Fernando Canales tells World Gas Intelligence that Pemex, Mexico’s state-owned oil company, may acquire a 30% stake in the Manzanillo LNG terminal proposed for Mexico’s western coast. Pemex may join the terminal developer, state utility CFE, in ownership of the terminal in an effort to boost LNG suppliers’ confidence in the...
NorthernStar Secures Capital for West Coast Terminals
Posted on May 24, 2006 in Financing, Regas Terminals & Capacity | Comments Off on NorthernStar Secures Capital for West Coast Terminals
NorthernStar Natural Gas announced Monday that it has secured funding “needed to successfully complete the development stage of” its Bradwood Landing and Clearwater Port LNG terminals in Oregon and offshore California, respectively. The Houston Chronicle carries NorthernStar’s PRNewswire...
Mass. LNG Commission Hears Competing Views
Posted on May 24, 2006 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Mass. LNG Commission Hears Competing Views
The Standard-Times provides further details on Monday’s hearing before the Massachusetts special commission on LNG. Fall River Mayor Edward M. Lambert called the Weaver’s Cove terminal a “ticking time bomb,” while Rep. Eugene O’Flaherty (D-Chelsea) said of the AES Outer Brewster Island proposal, “If not here, where?” Rep. Robert Correia...
Cheniere Withdraws from CLNG
Posted on May 24, 2006 in Markets and Competition, Policy, Legislation and Politics, State and Local Issues, Technology | Comments Off on Cheniere Withdraws from CLNG
“[P]hilosophical differences” with the Center for Liquefied Natural Gas have prompted Cheniere Energy to withdraw from the trade organization. Director of CLNG, Bill Cooper, says that divergent positions regarding LNG terminal technology are the cause of the rift. CLNG recently expressed support for offshore terminals employing open-loop vaporization technology; Cheniere...