Widened Panama Canal Will Enable U.S. LNG Supplies to Capture Asian Market Share
Posted on Sep 5, 2013 in Markets and Competition | Comments Off on Widened Panama Canal Will Enable U.S. LNG Supplies to Capture Asian Market Share
The Financial Post reports that widening of the Panama Canal, to be completed in 2015, will enable U.S. LNG supplies to reach Asian markets at lower costs than some potential competitors. Other factors favoring U.S. LNG supplies in the Asian market are lower development costs for U.S. LNG export terminals and the possible de-linking of U.S. LNG prices from oil...
Canadian Gas Users Express Concerns over Domestic Price Impacts of LNG Exports
Posted on Sep 4, 2013 in Uncategorized | Comments Off on Canadian Gas Users Express Concerns over Domestic Price Impacts of LNG Exports
The Financial Post reports that the Industrial Gas Consumers Association of Alberta, a group of large Canadian gas users, has requested that the National Energy Board (NEB) undertake a comprehensive study on the potential impacts of Canadian LNG exports on domestic gas prices and supplies. The article also reports that the Chemistry Industry Association of Canada, representing Canadian...
BC LNG Denies Agreement with EXMAR for Douglas Channel Terminal Barge
Posted on Sep 3, 2013 in Uncategorized | Comments Off on BC LNG Denies Agreement with EXMAR for Douglas Channel Terminal Barge
BC LNG released statement clarifying that contrary to news reports, the sponsors of the proposed BC LNG floating export terminal (FSLU) project at Douglas Channel, British Columbia have not “given any approval to EXMAR for supply of a barge or for direct participation in the relevant project entities and to date has not had any discussions of any kind with EXMAR for the...
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...