Jamaican Parliament Expected to Consider LNG Policy Soon
Posted on Nov 12, 2009 in Markets and Competition, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Jamaican Parliament Expected to Consider LNG Policy Soon
The Jamaica Gleaner reports that the Jamaican Parliament is expected to consider an energy policy that includes LNG soon. The director general of the Office of Utilities Regulation told the Gleaner that the Cabinet has approved the...
Hess LNG CEO: Investment in Crown Landing Project a “Very Long-Term Play”
Posted on Nov 12, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Hess LNG CEO: Investment in Crown Landing Project a “Very Long-Term Play”
Noting weak natural gas prices in the U.S. market and diminished import activity at U.S. LNG terminals, Hess LNG CEO Gordon Shearer told Dow Jones (via the Wall Street Journal [subscription required]) that his company’s recent acquisition of the Crown Landing LNG terminal project is a “very long-term play, a long-term investment, and it’s going to take a while to...
Energy Minister Says Algeria Has Suspended LNG Exports to United States
Posted on Nov 12, 2009 in Markets and Competition | Comments Off on Energy Minister Says Algeria Has Suspended LNG Exports to United States
KUNA, the Kuwait News Agency, reports that Algerian Energy Minister Chakib Khelil announced today that his country has stopped exporting LNG to the United States. Minister Khelil did not provide reasons for the...
Oregon LNG Revises Project Layout and Design
Posted on Nov 11, 2009 in Federal Regulation, Regas Terminals & Capacity | Comments Off on Oregon LNG Revises Project Layout and Design
Oregon LNG has submitted additional information to FERC reflecting design and project layout changes. According to the supplement to the application, the revisions were made to “further reduce impacts associated with construction and operation of the Terminal and result in an overall design that more closely aligns with specific regulations and development standards.” The...
IEA Official: European Market Likely to Import More LNG Than United States
Posted on Nov 11, 2009 in Markets and Competition | Comments Off on IEA Official: European Market Likely to Import More LNG Than United States
Noting that unconventional gas plays in North America have generally kept gas prices low in the United States, International Energy Agency Deputy Executive Director Richard Jones told Platts LNG Daily that he expects higher LNG volumes to be delivered to European markets than to North America in the coming years. The piece also notes that European gas importers may use the more...