Alaskan Utilities Offer to Buy All or Part of Kenai LNG Liquefaction Facility
Posted on Mar 17, 2010 in Liquefaction, Markets and Competition | Comments Off on Alaskan Utilities Offer to Buy All or Part of Kenai LNG Liquefaction Facility
Platts LNG Daily [subscription required] reports that a cooperative of Alaskan utilities has offered to purchase all or part of the Kenai LNG liquefaction facility. The Alaskan Natural Gas Development Authority told the Alaskan Senate this week that the utilities are concerned that the facility will close if current Kenai LNG facility owners ConocoPhillips and Marathon Oil are not...
Former Alaskan Senator Advocating Export of North Slope Gas to Asia
Posted on Mar 15, 2010 in Liquefaction, Markets and Competition, Pipelines, State and Local Issues | Comments Off on Former Alaskan Senator Advocating Export of North Slope Gas to Asia
Revising his previous position on a natural gas pipeline that would transport gas from Alaska’s North Slope through Canada to markets in the lower 48 states, former U.S. Sen. Ted Stevens is now advocating for North Slope gas to be piped to Kenai or Valdez on the Alaskan Pacific coast and exported to Asia as LNG. As reported by the Anchorage Daily News, Stevens no longer...
Environmental Groups Threaten Lawsuit Over U.S. Ex-Im Bank’s Financing of PNG LNG Project
Posted on Mar 12, 2010 in Environmental, Federal Regulation, Financing, Liquefaction, Policy, Legislation and Politics | Comments Off on Environmental Groups Threaten Lawsuit Over U.S. Ex-Im Bank’s Financing of PNG LNG Project
Yesterday the Center for Biological Diversity and other environmental groups notified the Export-Import Bank of the United States that the groups believe that the bank’s financing agreement for the Papua New Guinea LNG liquefaction project is in violation of the U.S. Endangered Species Act (ESA), and will file suit against the Bank if it does not correct its alleged errors....
North American Gas Markets Shifting from LNG Imports to Shale Gas
Posted on Mar 12, 2010 in Liquefaction, Markets and Competition | Comments Off on North American Gas Markets Shifting from LNG Imports to Shale Gas
The Economist provides a detailed analysis of the shift in the North American natural gas market from anticipating large volumes of LNG imports to increased production from shale gas plays. The piece emphasizes this shift by highlighting the change in the Kitimat LNG project from an LNG import terminal to an export ...
Kitimat CEO Hails KOGAS Investment in British Columbian Natural Gas
Posted on Mar 1, 2010 in Canada & Mexico, Liquefaction, Markets and Competition | Comments Off on Kitimat CEO Hails KOGAS Investment in British Columbian Natural Gas
Korea Gas Corp. (KOGAS) announced yesterday that it will invest $1.1 billion in natural gas production in British Columbia, Canada, over the next five years. Kitimat LNG CEO Rosemary Boulton told the Globe and Mail that the investment “validates” investments in the Kitimat LNG liquefaction terminal, although KOGAS and Kitimat LNG have not entered into any...
European LNG Headlines
Posted on Feb 26, 2010 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
U.K.’s Centrica Buys Suncor LNG Asset in Trinidad (Reuters) U.K. South Hook LNG Flows Soar as Terminal Commissioning Continues (Platts LNG Daily) [Subscription required]