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Gazprom May Receive Significant Stake in Rabaska LNG Project

Reuters (carried via Forbes.com) reports that Russian firm Gazprom may receive a 27 percent stake in the Rabaska LNG regasification project planned for Quebec, Canada. Gazprom’s stake could be derived from the existing shares of Enbridge Inc., Gaz Metro, and GDF Suez, which would all reduce their ownership stakes in the...

Analysis Examines Market Conditions Facing North American LNG Project Developers

Clearing Up [subscription required] provides an analysis of the market conditions facing developers of North American LNG projects. The piece examines the proposed Kitimat LNG terminal project, which recently announced it would change its project design from an LNG import facility to an LNG export...

Energia Costa Azul Terminal Expected to Reach Full Capacity in Q2 2009

Lloyd’s List [subscription required] reports that Sempra Energy expects its Energia Costa Azul LNG terminal to reach full capacity in the second quarter of 2009 when the Tangguh LNG liquefaction project in Indonesia comes...

Opponents of Rabaska LNG Proposal Request UNESCO Review

The United Nations Educational, Scientific, and Cultural Organization (UNESCO) has been asked by opponents of the proposed Rabaska LNG import facility to determine whether the Canadian and Quebec governments are sufficiently protecting Quebec City’s status as a UNESCO World Heritage Site. The request follows the Canadian government’s approval of the Rabaska terminal...

CFE Proposes Pipeline Terms for Manzanillo LNG Project

On Monday Mexico’s Comision Federal de Electricidad released proposed terms for a tender to build and operate a pipeline transporting regasified LNG from the proposed Manzanillo LNG import terminal to a power plant and the city of Guadalajara. Platts LNG Daily [subscription required] provides...

Backers of Kitimat LNG Proposal Announce Plans for LNG Export Facility

The Calgary Herald reports that the developers of the proposed Kitimat LNG import terminal project have decided instead to build an export facility to export Canadian natural gas to Asian markets. Delays in LNG liquefaction projects around the world and an increase in natural gas within the Western Canadian Sedimentary Basin were cited for the abrupt shift in plans.  The Vancouver Sun...

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