Eversheds Sutherland LNG Law Blog
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NEB: Summer Gas Prices and Supply Should Remain Stable

In its 2007 Summer Energy Outlook, Canada’s National Energy Board (NEB) reports that “LNG imports into the [United States] were about 50% higher in January to April compared to the same period last year.” NEB attributes the increase to mild weather in Europe and relatively higher prices in North America. NEB predicts that North American gas prices will remain in the...

Gros Cacouna Terminal Moves Forward

Platts LNG Daily reports that Petro-Canada and TransCanada, the developers of the Gros Cacouna LNG terminal, are unconcerned about recent reports that the proposed Rabaska terminal also is attempting to secure supply from Gazprom’s Baltic LNG project. Additionally, a Petro-Canada spokesperson stated that although Gros Cacouna filed its initial permit application after Rabaska,...

DNV to Study Sloshing on LNG Carriers

Lloyd’s List reports that Det Norske Veritas (DNV) will undertake a study of sloshing forces in membrane tanks on LNG vessels, partnering with Lloyd’s Register, BW Gas, Teekay, and Daewoo Shipbuilding & Marine Engineering. The study, which will be based on data gathered from a newbuild vessel scheduled to begin transporting LNG from Nigeria to North America and Europe...

Daily Letters to the Editor

Newsday (New York) (opposed to Broadwater LNG terminal)

Three Canadian LNG Proposals Remain Promising

World Gas Intelligence reports that multiple proposals for LNG projects in Canada have not progressed, but that three LNG projects are moving forward and could add as much as 2.5 Bcf/d of gas to Canadian supplies. Canaport, near St. John, New Brunswick, is the nearest to completion, with construction reported to be ahead of schedule and on budget. The only other proposal to have...

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