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Canadian Firm Makes Gas Discovery Offshore Tobago

Citing an anonymous industry source, Platts LNG Daily [subscription required] reports that Petro-Canada has made a gas discovery offshore Tobago with possible reserves of nearly 1 Tcf. Petro-Canada has plans for developing a series of gas wells off Tobago’s north...

AGPA Asks Alaska to Reconsider Its Proposal

Platts LNG Daily [subscription required] reports that the Alaska Gasline Port Authority (AGPA) has requested that the state of Alaska reconsider its application to build a natural gas pipeline to a proposed liquefaction plant in Valdez. The AGPA proposal was one of four rejected by the...

Further Details Released on Alaska LNG Agreement

The Anchorage Daily News offers additional details on the agreement between Gov. Sarah Palin (R-Alaska) and the owners of the Kenai LNG liquefaction plant, ConocoPhillips and Marathon Oil.  The Daily News reports that  the agreement includes commitments to develop natural gas reserves and opportunities for third parties to sell natural gas to the plant, in exchange for the...

Atlantic LNG Production at Full Capacity

A spokesperson for Atlantic LNG told Platts LNG Daily [subscription required] that the Trinidad and Tobago liquefaction facility is “producing at full expected capacity on all four trains.” The spokesperson also noted that a plant shutdown for scheduled maintenance has been delayed until the second quarter of 2008 in order to capitalize on Trinidad and Tobago’s...

New LNG Projects Remain Possible in Alaska as State Eliminates All Pipeline Proposals but One

Late last week Alaska Governor Sarah Palin (R) announced that only one of the five applications submitted to transport North Slope natural gas to markets in southern Alaska met all the requirements of the Alaska Gasline Inducement Act. Gov. Palin said that the public comment period for the remaining gas pipeline proposal, submitted by TransCanada, would open on January 5, 2008. The...

Alaska Agrees to Support Continued LNG Exports from Kenai

Reuters reports that Gov. Sarah Palin (R-Alaska) announced an agreement yesterday between her administration and Kenai LNG owners ConocoPhillips and Marathon Oil. The state has agreed to support an extension of the plant’s license to 2011 in exchange for a pledge by the companies to pursue new gas wells in Cook Inlet in 2008. Palin’s administration has sought to ensure that...

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