Hess LNG CEO Testifies Before R.I. Senate Task Force
Posted on Mar 10, 2010 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Hess LNG CEO Testifies Before R.I. Senate Task Force
Gordon Shearer, CEO of Hess LNG, testified before the Rhode Island Senate’s task force on LNG about the company’s planned Weaver’s Cove LNG import project. Shearer highlighted several economic benefits likely created by the project and said that a number of assertions made by opponents of the project were inaccurate and potentially misleading. The Providence Journal...
Editorial Argues Against Bradwood Landing LNG Project
Posted on Mar 10, 2010 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Editorial Argues Against Bradwood Landing LNG Project
An editorial published by the Daily Astorian argues against building the Bradwood Landing LNG project, suggesting that FERC should proactively analyze the strategic need for the project. Separately, the National Marine Fisheries Service request for more time to complete its analysis of the potential impacts of the Bradwood Landing LNG project on endangered species is now available in...
Analyst: North American Shale Gas Could Drive LNG to European Markets
Posted on Mar 10, 2010 in Markets and Competition | Comments Off on Analyst: North American Shale Gas Could Drive LNG to European Markets
Speaking yesterday at the Center for Strategic and International Studies in Washington, D.C., BSA Energy President Ben Schlesinger said that increased development of unconventional gas plays in North America may trigger a natural gas glut in Europe. Platts LNG Daily reports that Schlesinger predicted that as production increases from North American shale gas projects, LNG...
European LNG Headlines
Posted on Mar 9, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
4Gas Shelves Dutch LionGas Terminal Project (Platts LNG Daily) [Subscription required] Total Acquires 10% of Dunkirk LNG Terminal Project (Platts LNG Daily) [Subscription required]
Algerian Energy Minister: Unconventional Gas Likely to Limit U.S. LNG Imports “For Some Time”
Posted on Mar 9, 2010 in Markets and Competition | Comments Off on Algerian Energy Minister: Unconventional Gas Likely to Limit U.S. LNG Imports “For Some Time”
Speaking to Reuters yesterday, Algeria’s Energy Minister Chakib Khelil said that he expects the global LNG market to improve within two or three years. However, Minister Khelil also said that “the U.S. [LNG] market is probably gone for some time to come because of the huge unconventional gas that has been developed all over the United...