Industry Consultants: LNG Exports from Canada Could Affect Henry Hub Gas Prices
Posted on Jun 23, 2011 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Industry Consultants: LNG Exports from Canada Could Affect Henry Hub Gas Prices
Consultants with Bernstein Research issued a report this week stating that LNG exports from the proposed liquefaction projects in Western Canada could raise the Henry Hub natural gas price by $2.54/MMcf in 2019 and $1.73/MMcf in 2020. Platts LNG Daily provides additional details. [Subscription...
Industry Analyst Cautious on North American LNG Export Proposals
Posted on Jun 21, 2011 in Canada & Mexico, Federal Regulation, Markets and Competition | Comments Off on Industry Analyst Cautious on North American LNG Export Proposals
Gerry Goobie, an analyst with Purvin & Gertz energy consultants, told the Calgary Herald that he is concerned about the possibility of global LNG market changes that could affect the LNG export projects proposed in North America. Although LNG exports may make economic sense under present market conditions, Goobie noted that market conditions can change...
Progress CEO Outlines Plans for British Columbia LNG Export Project
Posted on Jun 16, 2011 in Canada & Mexico, LNG Exports | Comments Off on Progress CEO Outlines Plans for British Columbia LNG Export Project
Speaking this week at a conference, Progress Energy Resources CEO Michael Culbert said that his company plans to partner with Petronas to build an LNG export facility in British Columbia featuring two liquefaction trains with capacities of approximately 3.7 million mt/year each. Culbert said that the first train would be built over the next four to five years and then would be followed...
Apache Names New Leadership for Kitimat LNG Export Project
Posted on Jun 14, 2011 in Canada & Mexico, LNG Exports | Comments Off on Apache Names New Leadership for Kitimat LNG Export Project
The Northern Sentinel reports that Apache Corp. has named Graham Lawton as its new vice president of LNG projects. In this capacity, Lawton will oversee the Kitimat LNG export project and associated Pacific Trail...
Nexen Seeking Asian Partners for LNG Export Project
Posted on Jun 14, 2011 in Canada & Mexico, E&P, LNG Exports | Comments Off on Nexen Seeking Asian Partners for LNG Export Project
Officials with Nexen told Bloomberg yesterday that they recently traveled to Asia with the goal of forming a joint venture to develop natural gas plays in Western Canada. Nexen CEO Marvin Romanov said that his company was specifically interested in finding a partner “with good contacts in...
Progress Urges Streamlined Regulatory Process for Canadian LNG Export Projects
Posted on Jun 14, 2011 in Canada & Mexico, LNG Exports, Pipelines | Comments Off on Progress Urges Streamlined Regulatory Process for Canadian LNG Export Projects
Speaking in Calgary, CEO Michael Culbert of Progress Energy Resources encouraged Canadian regulators to develop a streamlined review process for LNG export projects, especially for natural gas pipelines transporting shale gas to planned LNG liquefaction facilities on Canada’s Pacific Coast. Read more in...