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Op-Ed: U.S. Shale Gas Plays Affecting Global LNG Market

Daniel Yergin and Robert Ineson, both with IHS CERA, argue in an op-ed carried in today’s Wall Street Journal that the major U.S. shale gas plays are affecting the global LNG market. Specifically, the piece states that as less LNG is delivered to U.S. import terminal, more LNG is going to Europe, lowering spot LNG prices and prompting discussion of modifying long-term natural gas...

City Council Considering Non-Binding Agreement with Jordan Cove Energy to Develop Emergency Plans

The Coos Bay City Council is scheduled to discuss a non-binding agreement with Jordan Cove Energy that would ensure that the city is reimbursed for additional emergency response training, equipment and personnel should the company’s planned LNG project move forward. However, Rodger Craddock, the Coos Bay acting city manager, reported to the Council that the agreement would not be...

Port Extends Purchase Option with Jordan Cove Energy for Planned LNG Terminal Site

Last week the Oregon International Port of Coos Bay agreed to an eighteen-month extension of an option that would allow Jordan Cove Energy to purchase the site it plans to use for its LNG import and regasification terminal. Under the present timeline for the project, Jordan Cove Energy will make a final investment decision on the project in fall 2010 and potentially close on the land...

European LNG Headlines

South Hook Terminal Reflects Long-Term Commitment (Gulf Times)

Coquille Indian Tribe Files Comments Supporting Jordan Cove LNG Project

The Coquille Indian Tribe filed comments last week with FERC supporting the proposed Jordan Cove LNG import terminal and associated Pacific Gas Connector Pipeline projects. The Tribe’s comments are available in the FERC eLibrary under Docket No....

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