Cheniere Executive: LNG Prices Should De-Link from Oil Market
Posted on Apr 26, 2010 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere Executive: LNG Prices Should De-Link from Oil Market
H. Davis Thames, president of Cheniere Marketing, told the Platts Rockies Gas and Oil conference last week that he believes that the global LNG market should move away from long-term contracts based upon oil prices. Instead, LNG prices should track spot natural gas prices more closely, and exporting LNG from the United States could encourage that trend. Platts LNG Daily provides...
Cameron LNG Applies to Install Back-Up Gas Compressor for Boil-Off Gas System
Posted on Apr 26, 2010 in Federal Regulation, Regas Terminals & Capacity | Comments Off on Cameron LNG Applies to Install Back-Up Gas Compressor for Boil-Off Gas System
Last week Cameron LNG submitted an application to FERC requesting permission to install a back-up natural gas compressor for the terminal’s boil-off gas system. In its application, the company says that installing this back-up compressor will diminish the need for gas flaring when its primary boil-off gas compressor is offline for maintenance. The application is available in the...
Bradwood Landing LNG Appeals LUBA Decision
Posted on Apr 26, 2010 in Litigation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Bradwood Landing LNG Appeals LUBA Decision
The Daily Astorian reports that Bradwood Landing LNG has appealed an Oregon Land Use Board of Appeals (LUBA) decision to the Oregon Court of Appeals. An executive for project developer NorthernStar Natural Gas told the newspaper that he believes the LUBA decision is “flawed in several...
Sempra LNG: Costa Azul LNG Terminal Could Receive Nearly Three Cargos Per Month
Posted on Apr 23, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Sempra LNG: Costa Azul LNG Terminal Could Receive Nearly Three Cargos Per Month
Speaking with Reuters, Sempra LNG’s CEO Darcel Hulse said that, as LNG exports from Indonesia increase, Sempra LNG’s Energia Costa Azul LNG terminal could receive an LNG cargo every twelve days, or nearly three cargos per...
Sempra LNG, Gazprom Agree on Supply Arrangements for Cameron LNG Terminal
Posted on Apr 23, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Sempra LNG, Gazprom Agree on Supply Arrangements for Cameron LNG Terminal
Yesterday Sempra LNG and Gazprom Global LNG agreed on an arrangement where Gazprom would pay Sempra for the right to sell and deliver up to two LNG cargos per month to the Cameron LNG terminal. According to a Sempra LNG media release, the deal will commence in June...