Cross-Border Gas Treaty Ready for Signature
Posted on Mar 8, 2007 in Liquefaction, Markets and Competition, Policy, Legislation and Politics | Comments Off on Cross-Border Gas Treaty Ready for Signature
Minister of Energy Lenny Saith provided Trinidad & Tobago’s Newsday with some of the first public details of the cross-border unitization treaty with Venezuela over the Loran fields in the waters between the two nations. The nations would develop the Loran field jointly, with Trinidad & Tabago claiming a 27% undivided share. Once the treaty is in force, negotiations would...
Uncertainty in Alaskan Market Affecting Kenai
Posted on Mar 8, 2007 in Liquefaction, Markets and Competition, State and Local Issues | Comments Off on Uncertainty in Alaskan Market Affecting Kenai
An analysis in yesterday’s World Gas Intelligence [subscription required] posits that ConocoPhillips and Marathon sought only a 2-year extension on their export licenses for the Kenai, Alaska, liquefaction plant mainly because of growing constraints on supply for the local gas market and uncertainty over legislation providing for the development of a pipeline from the...
New Technology Uses Sound Waves to Liquefy Natural Gas
Posted on Mar 7, 2007 in Liquefaction, Technology | Comments Off on New Technology Uses Sound Waves to Liquefy Natural Gas
Los Alamos National Laboratory has announced that it has licensed its thermoacoustic natural gas liquefaction technology to Swift LNG for commercial production. According to a press release issued Monday, the thermoacoustic natural gas liquefier “converts heat into sound waves and then converts the hot sound wave energy to cold refrigeration using highly pressurized...
NJ Governor Believes Design Alternatives Exist for Crown Landing
Posted on Mar 5, 2007 in Liquefaction, Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on NJ Governor Believes Design Alternatives Exist for Crown Landing
In the event that the U.S. Supreme Court rules in favor of Delaware regarding its border dispute with New Jersey related to BP’s proposed Crown Landing LNG terminal, New Jersey Gov. Jon S. Corzine believes that the terminal can be designed to avoid Delaware’s jurisdiction. A spokesperson for BP, however, expressed reservations about having to proceed with an alternative...
Atlantic LNG Releases 2006 Production and Export Statistics
Posted on Feb 26, 2007 in Liquefaction, Markets and Competition | Comments Off on Atlantic LNG Releases 2006 Production and Export Statistics
Atlantic LNG issued a press release on Friday detailing its LNG production and export activities last year. The Trinidadian company processed 748 Bcf of natural gas in 2006 and shareholders exported 63% of 307 LNG cargos to the United States, 25% to Europe, and the rest to Japan, Puerto Rico, and the Dominican Republic. Friday’s edition of Platts LNG Daily provides further...
Trinidad Unable to Supply LNG to Jamaica
Posted on Feb 26, 2007 in Liquefaction | Comments Off on Trinidad Unable to Supply LNG to Jamaica
Radio Jamaica reports that the Trinidadian government currently cannot honor a memorandum of understanding to supply Jamaica with LNG due to supply constraints. However, Trinidad’s foreign minister said that additional supply may become available in the future if an agreement is reached between Trinidad and Venezuela to apportion offshore natural gas reserves that lie near the...