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Kenai LNG to Continue Export Operations Until August

A representative for ConocoPhillips told Reuters that Kenai LNG will continue operations beyond its planned closure this month. One LNG export cargo loaded this week and three additional export cargos are scheduled between now and August. The cargos reportedly are bound for Japan and China. However, the ConocoPhillips spokesperson noted that the long-term plans to end operations at the...

European LNG Headlines

UK Receives First Qatari Q-Max LNG Super Tanker (Middle East North Africa Financial Network) EDF to Build Dunkirk LNG Terminal (Platts LNG Daily) [Subscription required] Spain Willing to Join Lithuania’s LNG Terminal Project (Baltic Course) LNG Hub in Cyprus Seems Most Likely (Financial...

Editorial Argues Against Politician’ Request to Divest from Hess Corp. Over Weaver’s Cove LNG Project

An editorial published in today’s Herald News (Fall River, Mass.) argues against the request by three members of Massachusetts’ congressional delegation that the state divest a $28 million pension fund investment in Hess Corporation due to concerns with the company’s Weaver’s Cove LNG import proposal. The editorial states that divestment would “represent[]...

Analyst: Natural Gas Price Outlook May Temper Enthusiasm for North American LNG Export Projects

Energy Risk carries a piece (via Risk.net) that discusses how the future price outlook on natural gas may curb developers’ enthusiasm for North American LNG export facilities. One analyst noted that although current gas price differentials make North American LNG exports an attractive option, a future increase in North American gas prices would cripple development of the proposed...

Three Mass. Politicians Ask State Government to Consider Divesting Shares of Hess Corp. Over Weaver’s Cove LNG Project

Three members of Massachusetts’ congressional delegation, including Sen. John Kerry (D) and Reps. Barney Frank (D) and Jim McGovern (D), sent a letter to Massachusetts Treasurer Steve Grossman requesting that his office investigate the possibility of divesting the state’s shares of Hess Corporation. Hess is the primary developer backing the Weaver’s Cove LNG import...

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