Downeast LNG President Says Project Developed for “Tomorrow’s Market”
Posted on May 10, 2012 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Downeast LNG President Says Project Developed for “Tomorrow’s Market”
Speaking to the Maine Public Broadcasting Network, Downeast LNG President Dean Girdis said that his company’s LNG import proposal is contemplated for “tomorrow’s market” due to the long permitting and construction timeframes for LNG regasification terminals. He also noted that New England may need imported LNG to satisfy “potentially a billion cubic feet...
CEO of ConocoPhillips Says U.S. LNG Exports Are “Reasonable”
Posted on May 10, 2012 in LNG Exports, Markets and Competition, Regas Terminals & Capacity | Comments Off on CEO of ConocoPhillips Says U.S. LNG Exports Are “Reasonable”
Ryan Lance, the chief executive of ConocoPhillips, said yesterday that he believes LNG exports from the Continental United States are “reasonable” due to the excess of U.S. natural gas supplies. According to Fox Business, Lance went on to say that ConocoPhillips and its other partners in the Golden Pass LNG import project, ExxonMobil and Qatargas, are discussing the future...
B.C. Premier Hopes to Sell LNG to Asian Gas Buyers
Posted on May 10, 2012 in Canada & Mexico, LNG Exports, Policy, Legislation and Politics | Comments Off on B.C. Premier Hopes to Sell LNG to Asian Gas Buyers
Premier Christy Clark of British Columbia will leave later this week for an eight-day trip to Japan, South Korea, and the Philippines. The Vancouver Sun reports that Premier Clark will focus on developing Asian LNG markets for her province’s natural gas. Premier Clark noted that although British Columbia represents an attractive LNG supply to Asian buyers, the global LNG market is...
European LNG Headlines
Posted on May 9, 2012 in LNG Exports, Markets and Competition | Comments Off on European LNG Headlines
Europe Re-Exports Record Volume of LNG in April (Reuters)
Canadian Official Concerned about Losing LNG Export Opportunities
Posted on May 9, 2012 in Federal Regulation, LNG Exports | Comments Off on Canadian Official Concerned about Losing LNG Export Opportunities
Canadian Minister of Natural Resources Joe Oliver told reporters Friday that he is concerned that Canadian companies may lose opportunities to the Australians to export LNG to Asia due to the slow pace of the Canadian regulatory approval process for LNG projects. Oliver hopes that the Canadian government’s recently published Responsible Resource Development plan will...