Industry Analysts Say United States Could Export 1 Bcf/d of LNG by 2020
Posted on Jun 16, 2011 in LNG Exports, Markets and Competition | Comments Off on Industry Analysts Say United States Could Export 1 Bcf/d of LNG by 2020
Bentek Energy analysts said yesterday that they expect the United States to export approximately 1 Bcf/d of LNG from 2018 through 2020. According to Platts LNG Daily, the analysts predicted that U.S. LNG exports will begin in...
European LNG Headlines
Posted on Jun 16, 2011 in Regas Terminals & Capacity | Comments Off on European LNG Headlines
Operator: Gate LNG to Flow First Gas into Dutch Pipeline Network (Platts LNG Daily) [subscription required]
Duke Energy CEO Cautions Against Overreliance on Natural Gas
Posted on Jun 16, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Duke Energy CEO Cautions Against Overreliance on Natural Gas
Jim Rogers, CEO of Duke Energy, told a conference in Washington, D.C., yesterday that he believes an overreliance on natural gas for electricity generation carries some risk as the volatility of natural gas prices could compel power generators to import more LNG from foreign suppliers. Rogers cautioned against tying the U.S. “grid to foreign sources of energy.” Reuters...
Macquarie Executive Expects Freeport LNG Export Project to Increase Bank’s Gas Trading Opportunities
Posted on Jun 15, 2011 in LNG Exports, Markets and Competition | Comments Off on Macquarie Executive Expects Freeport LNG Export Project to Increase Bank’s Gas Trading Opportunities
Nicholas O’Kane, the global head of the energy markets division for Macquarie Bank, told Reuters this week that he expects the Freeport LNG export project to increase natural gas trading opportunities in North America for Macquarie. O’Kane went on to note that he does not expect North American gas exports to significantly raise prices for natural gas in the United States,...
First Commissioning Cargo Expected to Arrive at Gulf LNG Terminal Tomorrow
Posted on Jun 15, 2011 in Regas Terminals & Capacity | Comments Off on First Commissioning Cargo Expected to Arrive at Gulf LNG Terminal Tomorrow
The Mississippi Press reports that the Gaslog Singapore is expected to deliver the first LNG commissioning cargo to the Gulf LNG import terminal tomorrow. The LNG carrier has been anchored offshore in the Gulf of Mexico for approximately one...