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European LNG Headlines

Norway’s Statoil to Shut Snohvit LNG Production Plant Thursday (Platts LNG Daily) [Subscription required]

LNG Industry Working Toward FLNG Vessels

Yesterday the Wall Street Journal published an analysis of the emerging floating LNG (FLNG) vessel concept. The piece notes that floating liquefaction facilities face a number of technical challenges, including the problem of minimizing LNG sloshing, and financial challenges, such as maintaining project profitability in the face of soft global natural gas prices. [Subscription...

Analyst: Market Forces May Encourage United States to Export LNG to China

Han Pin Hsi, an analyst with Standard Chartered Plc, said this week that economic considerations may encourage the United States to export some of its natural gas production to China. Hsi’s report emphasizes the current price spread between Chinese LNG imports and the Henry Hub price in the United States. Read more in Business...

Cheniere Executive: LNG Prices Should De-Link from Oil Market

H. Davis Thames, president of Cheniere Marketing, told the Platts Rockies Gas and Oil conference last week that he believes that the global LNG market should move away from long-term contracts based upon oil prices. Instead, LNG prices should track spot natural gas prices more closely, and exporting LNG from the United States could encourage that trend. Platts LNG Daily provides...

European LNG Headlines

U.K. Gas Prices Ease as Weather Warms, LNG Flows (Reuters) Statoil Postpones Planned Snohvit LNG Work, Plans Summer Outages (Platts LNG Daily) [Subscription required]

European LNG Headlines

Italy’s Gioia Tauro LNG Project Green Light Expected by June (Platts LNG Daily) [Subscription required] Statoil on Course with Snohvit LNG (Upstream Online) Black Sea LNG Accord Could “Torpedo” Nabucco Gas Line (Oil & Gas...

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