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Qatari Official: Qatar May Divert Large Portion of LNG Supplies Away from U.S. Destinations

Speaking with Middle East Economic Survey [subscription required], Qatari Oil Minister Abdullah al-Attiyah said that Qatar may divert up to 20 million metric tons of LNG per year away from originally intended destinations in the United States to capture better prices. Al-Attiyah noted that Qatar would still export approximately 6 million metric tons to the United States each year....

EOG to Purchase Ownership Stake in Kitimat LNG Project

Yesterday, EOG Resources, Inc. announced its plans to purchase Galveston LNG, a company that holds a 49% ownership stake in the Kitimat LNG liquefaction project proposed for the western British Columbia. The Vancouver Sun provides additional...

FERC Denies Extension of Time Request by Yukon Pacific LNG

Last week, FERC decided not to grant Yukon Pacific LNG’s request for an extension of time to build its planned LNG liquefaction and export facility. In its letter of decision, FERC noted that the Final Environmental Impact Statement for the Yukon Pacific LNG project was completed more than fifteen years ago and is “outdated.” Furthermore, FERC found that Yukon...

Peruvian LNG Supplies Could Go to Canaport Regasification Terminal

Upstream Online reports that some LNG from the Peru LNG liquefaction facility is likely to be directed to the Canaport LNG import terminal in New Brunswick, Canada, in the coming weeks. A spokesperson for Repsol YPF stated that the Peruvian LNG supplies could reach Canaport either directly or through swap transactions. Much of Peru LNG’s output is expected to be delivered to the...

European LNG Headlines

Spain’s El Musel Terminal Pushed Back to Late 2012 (ICIS Heren) [Subscription required] Endesa to Sell Sagunto LNG Stake to Osaka Gas (ICIS Heren) [Subscription required] Norway’s Statoil Says Snohvit LNG Shutdown to Last About a Week (Platts LNG Daily) [Subscription required] Croatian Trio Target Adria LNG Entry (ICIS Heren) [Subscription...

European LNG Headlines

Romania Announces Strategy for the Gas Route (Balkans.com)

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