Gas Pipeline Associated with Kitimat LNG Seeking Interest in Capacity from Third Parties
Posted on Dec 3, 2008 in Canada & Mexico, Liquefaction, Pipelines | Comments Off on Gas Pipeline Associated with Kitimat LNG Seeking Interest in Capacity from Third Parties
Pacific Trail Pipelines, the proposed natural gas pipeline that will connect to the Kitimat LNG export terminal in British Columbia, announced yesterday that it is seeking formal expressions of interest from entities for capacity on its pipeline. Reuters provides additional...
Analysis Examines Socioeconomic Implications of Global LNG Trade
Posted on Dec 1, 2008 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Analysis Examines Socioeconomic Implications of Global LNG Trade
An analysis published by Monthly Review examines the potential socioeconomic and political challenges and opportunities facing both LNG exporting and importing nations as global LNG trade becomes more integrated, using Nigeria’s Bonny Island LNG liquefaction and Mexico’s Altamira LNG import terminals as case...
Major Energy Companies Considering Floating LNG Projects
Posted on Dec 1, 2008 in Liquefaction, Regas Terminals & Capacity | Comments Off on Major Energy Companies Considering Floating LNG Projects
Reuters (carried via the Globe and Mail) reports that a number of major global energy companies are considering pursuing floating LNG liquefaction and regasification projects. Neil Duffin, head of ExxonMobil’s project development unit, noted that Exxon’s proposed BlueOcean Energy project, which includes the use of a floating regasification terminal off the coast of New...
Kitimat LNG Seeking Third-Party Interest for LNG Export Facility
Posted on Nov 26, 2008 in Canada & Mexico, Liquefaction | Comments Off on Kitimat LNG Seeking Third-Party Interest for LNG Export Facility
Kitimat LNG announced yesterday that it is seeking formal expressions of interest from any entities interested in terminal capacity, off-take rights, or an equity position in its LNG export facility proposed for the West Coast of...
Analyst: U.S. LNG Exports Need $100/Barrel Oil to be Profitable
Posted on Nov 25, 2008 in Liquefaction, Markets and Competition | Comments Off on Analyst: U.S. LNG Exports Need $100/Barrel Oil to be Profitable
Tom Driscoll, an energy analyst with Barclay’s Capital, told Platts LNG Daily that he believes that in order for exports of U.S. LNG transported to and sold in Asia to be profitable, the global oil price would have to be at least $100 per barrel, noting that Japanese LNG prices are linked to the price of oil. [Subscription...
Alaskan Utility Files Petition for Review of Kenai LNG Export License Reauthorization
Posted on Nov 10, 2008 in Liquefaction, Litigation | Comments Off on Alaskan Utility Files Petition for Review of Kenai LNG Export License Reauthorization
Chugach Electric Association, an Alaskan electric utility, has filed a petition with the U.S. Court of Appeals for the 9th Circuit to review the Department of Energy’s decision to extend the license permitting ConocoPhillips and Marathon to export natural gas from their Kenai LNG liquefaction facility. According to the Anchorage Daily News, Chugach is concerned that the continued...