Venezuela and Trinidad to Sign Agreement Allowing Both Nations to Expand Gas Production
Posted on Feb 16, 2007 in Liquefaction | Comments Off on Venezuela and Trinidad to Sign Agreement Allowing Both Nations to Expand Gas Production
According to The Jamaica Gleaner, Venezuela and Trinidad are close to signing an agreement to apportion the oil and gas reserves located under the sea between the two nations. The deal is expected to help Trinidad fulfill its commitment to supply Jamaica with...
Robust Growth Predicted for 2008 LNG Production
Posted on Feb 14, 2007 in Liquefaction, Markets and Competition | Comments Off on Robust Growth Predicted for 2008 LNG Production
A Wood MacKenzie analyst tells World Gas Intelligence that LNG production may rise only 8% in 2007, keeping supply and demand for the fuel unbalanced. “Some are going to go hungry. There’s just not enough LNG to go around,” he says. However, the publication predicts a greater leap in production in 2008, when a number of large liquefaction trains in Russia and Qatar...
Editorial: Trinidadian Prime Minister Should Act Quickly on LNG Deal With Jamaica
Posted on Feb 13, 2007 in Liquefaction, Markets and Competition | Comments Off on Editorial: Trinidadian Prime Minister Should Act Quickly on LNG Deal With Jamaica
The Jamaica Gleaner urges Trinidadian Prime Minister Patrick Manning to act expeditiously on his promise to supply Jamaica with LNG, which is necessary for a major expansion of the Alcoa alumina refinery in Jamaica. In an editorial published today, the newspaper describes the disagreement between the two countries over pricing of LNG and recent doubts regarding Trinidad and...
Trinidadian Prime Minister Emphasizes Commitment to Satisfy LNG Contract with Jamaica
Posted on Feb 12, 2007 in Liquefaction | Comments Off on Trinidadian Prime Minister Emphasizes Commitment to Satisfy LNG Contract with Jamaica
The prime minister of Trinidad and Tobago has dismissed reports claiming that his country is unable to fulfill an agreement to supply Jamaica with LNG. “The government of Trinidad and Tobago is determined to satisfy its contractual obligations to the government of Jamaica,” Patrick Manning said during a news conference on Feb. 6. Manning explained that arrangements with...
Trinidad to Launch Study to Determine Viability of Fifth Liquefaction Train
Posted on Feb 7, 2007 in Liquefaction, Markets and Competition | Comments Off on Trinidad to Launch Study to Determine Viability of Fifth Liquefaction Train
The Trinidadian government plans to conduct a feasibility study to determine whether to develop a fifth liquefaction train, Energy Minister Lenny Saith said yesterday. According to Platts LNG Daily, Trinidadian energy officials have recently said that plans for another liquefaction train depend on whether the country can first meet gas demand for its industrial projects; some skeptics...
Local Gas Company Opposes Export License for Alaskan Liquefaction Facility
Posted on Jan 30, 2007 in Liquefaction, Markets and Competition | Comments Off on Local Gas Company Opposes Export License for Alaskan Liquefaction Facility
Enstar Natural Gas says that its consumers’ energy needs must be addressed before the Department of Energy can approve ConocoPhillips and Marathon Oil’s request for a two-year extension of an export license for its Kenai liquefaction facility. In response, a ConocoPhillips official asserted that there is adequate natural gas to supply both local and Asian markets. Read more...