JP Morgan Agreement with Cheniere May Be Profitable in Long Run
Posted on Apr 8, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on JP Morgan Agreement with Cheniere May Be Profitable in Long Run
A Reuters analysis of the recent agreement between JP Morgan Chase & Co. and Cheniere Energy involving Cheniere’s Sabine Pass LNG import terminal says that while the deal may be profitable in the long run, low U.S. gas prices may hamper profitability in the short term. The piece notes that JP Morgan and Cheniere may take advantage of Sabine Pass’ large storage and LNG...
El Paso Gas Pipeline May Affect LNG Proposals in Oregon
Posted on Apr 8, 2010 in Markets and Competition, Pipelines, Regas Terminals & Capacity | Comments Off on El Paso Gas Pipeline May Affect LNG Proposals in Oregon
The Oregonian reports that El Paso Corp. expects to begin construction on the Ruby natural gas pipeline, a project designed to transport Wyoming gas supplies to Oregon, this spring. The piece notes that some industry players believe that the Ruby pipeline may reduce the need for the three LNG import projects planned for...
County Staff Supports Five of Eight Supplemental Applications Submitted by Bradwood Landing LNG
Posted on Apr 8, 2010 in Regas Terminals & Capacity, State and Local Issues | Comments Off on County Staff Supports Five of Eight Supplemental Applications Submitted by Bradwood Landing LNG
Providing coverage on the first of as many as four planned public meetings on eight supplemental applications filed by Bradwood Landing LNG, the Daily Astorian reports that Clatsop County staff recommended conditional approval of five of the eight...
European LNG Headlines
Posted on Apr 7, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Italy to Get First Equatorial Guinea LNG in May (Reuters) Croatian Government Urges Utility HEP, Gas Firm Plinacro to Target 11% Stake in Adria LNG Project (Balkans.com)
EIA Expects Increased U.S. LNG Imports in 2010
Posted on Apr 7, 2010 in Markets and Competition | Comments Off on EIA Expects Increased U.S. LNG Imports in 2010
The U.S. Energy Information Administration (EIA) predicts in its Short-Term Energy Outlook that LNG imports to the United States will increase by approximately 0.5 Bcf/d in 2010 over last year. The report also notes that if global LNG demand decreases while global LNG supply increases, LNG imports to the U.S. market may increase by a greater margin this...