Analysts Suggest U.S. Market Could Attract LNG Cargos on Strength of Henry Hub in 2010
Posted on Dec 17, 2009 in Markets and Competition | Comments Off on Analysts Suggest U.S. Market Could Attract LNG Cargos on Strength of Henry Hub in 2010
Platts LNG Daily [subscription required] reports that analysts with Barclays Capital predict that Henry Hub spot gas forward prices will be stronger than the UK’s National Balancing Point spot values in 2010, potentially attracting more LNG cargos to the United...
New Jersey Governor-Elect Remains Opposed to Safe Harbor Energy LNG Deepwater Port Proposal
Posted on Dec 16, 2009 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on New Jersey Governor-Elect Remains Opposed to Safe Harbor Energy LNG Deepwater Port Proposal
A spokesperson for New Jersey Governor-elect Chris Christie (R) told the Queens Courier that the governor-elect remains opposed to the Safe Harbor Energy LNG deepwater port proposal off the coasts of New Jersey and New York due to concerns regarding the project’s impacts on the state’s coastal...
LNG Vessel Safely in Port Following Grounding Offshore Puerto Rico
Posted on Dec 16, 2009 in Regas Terminals & Capacity, Vessel Transportation | Comments Off on LNG Vessel Safely in Port Following Grounding Offshore Puerto Rico
The Associated Press (via Business Week) reports that the LNG vessel Matthew ran aground near Guayanilla off the southern coast of Puerto Rico. A spokesperson for the U.S. Coast Guard reports that the ship is now in port and no environmental damage was reported as a result of the...
European LNG Headlines
Posted on Dec 16, 2009 in Markets and Competition | Comments Off on European LNG Headlines
Enagas: Spain’s November LNG Imports Down 10% in 2009 (Platts LNG Daily) [Subscription required] Expanded LNG Liquefaction Capacity Affecting Russian Dominance Over European Gas Supplies (Financial Times) [Subscription...
Exxon CEO Says No Plans to Export U.S. Gas as LNG
Posted on Dec 15, 2009 in Liquefaction, Markets and Competition | Comments Off on Exxon CEO Says No Plans to Export U.S. Gas as LNG
During a conference call with industry analysts yesterday to provide comments regarding Exxon’s acquisition of U.S. independent XTO, ExxonMobil Corp. CEO Rex Tillerson said that his company had no plans to export U.S. natural gas as LNG. The Wall Street Journal provides additional...