Sempra CFO: LNG Imports to United States Likely to Increase as Global Demand Slows
Posted on Nov 11, 2008 in Markets and Competition | Comments Off on Sempra CFO: LNG Imports to United States Likely to Increase as Global Demand Slows
Mark Snell, Sempra Energy’s chief financial officer, told Reuters yesterday that he expects LNG imports to the United States to increase as demand for LNG slows in Asia. Snell notes that “[t]he United States, at the end of the day, has sort of become the buyer of last resort… it looks like (the United States) is going to get a lot more gas than we originally had anticipated...
President-Elect Obama May Support Larger Role for States in LNG Facility Siting Process
Posted on Nov 11, 2008 in Policy, Legislation and Politics, State and Local Issues | Comments Off on President-Elect Obama May Support Larger Role for States in LNG Facility Siting Process
The World (Coos Bay, Ore.) reports that President-Elect Barack Obama (D) may support an expanded role for state authorities in the LNG facility siting process. However, Rep. Peter DeFazio (D-Ore.) noted that the president-elect’s first priority will be addressing challenges facing the U.S....
Canaport LNG to be Recognized for Contributions to Community
Posted on Nov 11, 2008 in Canada & Mexico, State and Local Issues | Comments Off on Canaport LNG to be Recognized for Contributions to Community
The Saint John Board of Trade (New Brunswick) will honor Canaport LNG with the Big Heart Award later this month for the LNG company’s fundraising efforts and other contributions to the community. Read more in the...
Excelerate: Floating Liquefaction Vessels to be Tied to Specific Gas Reserves
Posted on Nov 10, 2008 in Liquefaction | Comments Off on Excelerate: Floating Liquefaction Vessels to be Tied to Specific Gas Reserves
Anthony Schiller, Excelerate Energy’s director of upstream development, told Platts LNG Daily last week that the company would consider building floating LNG liquefaction vessels only if agreements were in place to use the vessels to monetize specific gas reserves. [Subscription...
Downeast LNG President Critical of New Brunswick’s Position on Maine LNG Proposals
Posted on Nov 10, 2008 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Downeast LNG President Critical of New Brunswick’s Position on Maine LNG Proposals
Speaking in Boston, Dean Girdis, president of Downeast LNG, was critical of the government of New Brunswick for supporting the Canaport LNG terminal under construction in St. John, N.B. while opposing similar projects in Maine. New Brunswick Energy Minister Jack Kier responded that the Canadian federal government is responsible for representing Canada’s interests regarding LNG...