Gas Market Watching U.S.-U.K. Price Spread to Predict LNG Cargo Swings in Atlantic Basin
Posted on Dec 14, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Gas Market Watching U.S.-U.K. Price Spread to Predict LNG Cargo Swings in Atlantic Basin
The Wall Street Journal [subscription required] reports that many natural gas traders are watching the spread between the Henry Hub price in the U.S. market and the United Kingdom’s National Balancing Point price for natural gas. According to the newspaper, many traders believe this price differential is a good predictor for LNG cargo swings in the Atlantic...
Four Companies Remain Interested in Building Jamaican LNG Terminal
Posted on Dec 14, 2009 in Regas Terminals & Capacity | Comments Off on Four Companies Remain Interested in Building Jamaican LNG Terminal
An official with Jamaica’s Petroleum Corp. told Platts LNG Daily [subscription required] last week that four companies remain interested in building an LNG terminal in Jamaica. The official declined to name the...
FERC to Address Jordan Cove, AES Sparrows Point LNG Projects at Meeting This Week
Posted on Dec 14, 2009 in Federal Regulation, Regas Terminals & Capacity | Comments Off on FERC to Address Jordan Cove, AES Sparrows Point LNG Projects at Meeting This Week
FERC will decide whether to authorize the planned Jordan Cove and AES Sparrows Point LNG projects at the Commission’s meeting scheduled for Thursday, December 17, 2009. The agenda for the meeting is available...
European LNG Headlines
Posted on Dec 14, 2009 in Markets and Competition, Pipelines, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Two LNG Tankers to Arrive at South Hook LNG Terminal This Week (Wall Street Journal) Remaining Investors in Croatia’s Adria LNG Divide RWE’s Stake (Platts LNG Daily) [Subscription required] Italy’s Edison Criticizes Tuscany’s Opinion Against Planned Terminal (Platts LNG Daily) [Subscription required] Shannon LNG Project Gets Pipeline Approval (Platts LNG Daily)...
Hess LNG CEO Responds to Criticisms of Weaver’s Cove LNG Project
Posted on Dec 7, 2009 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Hess LNG CEO Responds to Criticisms of Weaver’s Cove LNG Project
Gordon Shearer, CEO of Hess LNG, responded to criticism leveled at his company’s Weaver’s Cove LNG project by local opposition group Save The Bay. Shearer released a five-page letter last week addressing the concerns raised by Save The Bay, including environmental and commercial fishery concerns, effects on local residents of closing two bridges during LNG vessel transit,...