Editorial Highlights Effects of Kenai LNG Shutdown on Local Gas Market
Posted on Feb 23, 2011 in Liquefaction, LNG Exports, Markets and Competition, State and Local Issues | Comments Off on Editorial Highlights Effects of Kenai LNG Shutdown on Local Gas Market
An editorial carried today by the Anchorage Daily News highlights the likely effects of the decision to shutdown the Kenai LNG liquefaction facility. The piece notes that the Kenai LNG facility provided key gas storage services for the local market and that without stored inventories, the local residents may need to conserve energy during wintertime peak usage...
Cheniere, Endesa, and Enel Trade Sign MOU for Bi-Directional LNG Processing at Sabine Pass Facility
Posted on Feb 17, 2011 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Cheniere, Endesa, and Enel Trade Sign MOU for Bi-Directional LNG Processing at Sabine Pass Facility
This morning Cheniere Energy’s subsidiary, Sabine Pass Liquefaction, LLC, announced that it has signed a non-binding memorandum of understanding (MOU) with Endesa, S.A., and Enel Trade, S.p.A. Under the terms of the MOU, the companies have agreed to negotiate definitive agreements for up to 1.5 Mtpa of bi-directional LNG processing capacity at the Sabine Pass LNG...
ConocoPhillips Representative Speaks to Alaskan Lawmakers on Kenai LNG Shutdown Decision
Posted on Feb 16, 2011 in Liquefaction, LNG Exports, Policy, Legislation and Politics, State and Local Issues | Comments Off on ConocoPhillips Representative Speaks to Alaskan Lawmakers on Kenai LNG Shutdown Decision
Dan Clark, manager of Cook Inlet assets for ConocoPhillips, and others spoke before the Alaska House of Representatives’ Economic Development, Trade, and Tourism Committee yesterday. Clark told committee members that LNG market conditions were the key factor in the company’s decision to suspend its operations at the Kenai LNG facility. Platts LNG Daily [subscription...
Op-Ed: Second Canadian LNG Export Project Rumored
Posted on Feb 16, 2011 in Canada & Mexico, Liquefaction, LNG Exports | Comments Off on Op-Ed: Second Canadian LNG Export Project Rumored
An op-ed piece carried in yesterday’s Calgary Herald noted rumors that a second LNG export project besides the Kitimat LNG project could be in the works for Western Canada.
European LNG Headlines
Posted on Feb 15, 2011 in Liquefaction, Markets and Competition | Comments Off on European LNG Headlines
AGRI Liquefied Gas Project May Cost 5 Billion Euros (Bloomberg)
Op-Eds Discuss Effects of Decision to Shutdown Kenai LNG Export Facility
Posted on Feb 15, 2011 in Liquefaction, State and Local Issues | Comments Off on Op-Eds Discuss Effects of Decision to Shutdown Kenai LNG Export Facility
Alaskan House Speaker Mike Chenault (R) offers an op-ed piece carried by the Alaska Dispatch this morning that discusses the effects of the decision to shutdown the Kenai LNG export facility. Speaker Chenault notes that the decision will have a serious impact on the workers at the facility, many of whom are his constituents, and that the decision should encourage the construction of an...