EXMAR to Provide Barge for Floating BC LNG Terminal
Posted on Aug 30, 2013 in Uncategorized | Comments Off on EXMAR to Provide Barge for Floating BC LNG Terminal
Antwerp, Belgium-based EXMAR announced that it has entered into a Letter of Intent and Term Sheet with LNG Partners, LLC to provide a Floating Liquefaction & Storage Unit (FLSU) for the Douglas Channel LNG export terminal to be located near Kitimat, British Columbia. EXMAR will design and deliver the FLSU with a name plate capacity of 0.7 MTPA (Million Tons Per Annum) in the first...
Article Predicts Natural Gas to Become Global Market Due to LNG Exports
Posted on Aug 29, 2013 in LNG Exports, Markets and Competition | Comments Off on Article Predicts Natural Gas to Become Global Market Due to LNG Exports
A column in the San Antonio Business Journal predicts that increased production of shale gas worldwide, stimulated by increased exports of LNG, will cause U.S. gas prices to rise and global gas prices to fall and meet at equilibrium in the $4-$7 per Mcf range. The article predicts that “in the same way that crude oil has become a global market, so will natural gas,” and...
N.J. Governor to Ponder Veto of Port Ambrose LNG Import Terminal
Posted on Aug 28, 2013 in LNG Exports, State and Local Issues | Comments Off on N.J. Governor to Ponder Veto of Port Ambrose LNG Import Terminal
NJ.com reports that New Jersey Governor Chris Christie recently acknowledged that, although he had previously rejected Liberty Natural Gas’s nearly identical proposal to construct an LNG import terminal offshore N.J., and was “skeptical” about the proposed Port Ambrose terminal, he was going “to keep an open mind.” Christie added that he felt he...
Report Predicts Higher Domestic Gas Prices if U.S. LNG Exports Meet Projections
Posted on Aug 28, 2013 in LNG Exports | Comments Off on Report Predicts Higher Domestic Gas Prices if U.S. LNG Exports Meet Projections
According to Oil & Gas Journal (O&GJ), a new report by Facts Global Energy (FGE) projects U.S. LNG export volumes to be higher than U.S. gas production predictions by the U.S. Energy Information Administration (EIA), resulting in higher domestic gas prices than projected by EIA. In 2020, FGE projects U.S. LNG exports to exceed EIA production projections by 34.5 million tonnes...
Oregon LNG Refutes Clatsop County Preemption Claims
Posted on Aug 27, 2013 in Federal Regulation, LNG Exports | Comments Off on Oregon LNG Refutes Clatsop County Preemption Claims
Oregon LNG filed an answer to Clatsop County, Oregon’s and others’ motions to intervene in its FERC LNG terminal application docket. In its answer, Oregon LNG argues that the Clatsop County land use permitting requirements are preempted by the Natural Gas Act (NGA) and that existing legal precedent clearly establishes that Clatsop County may not use its land use regulations...