Sempra Official Remains Optimistic Despite Delays in Liquefaction Projects
Posted on Nov 10, 2006 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Sempra Official Remains Optimistic Despite Delays in Liquefaction Projects
Sempra Energy is reevaluating its LNG terminal proposals in light of supply uncertainties stemming from delays in liquefaction projects abroad, Sempra chairman and CEO Donald Felsinger said during a Nov. 2 conference call. However, Felsinger added that he remains optimistic “about the impact that LNG will have, not only in North America but in Europe and Asia,” saying that...
Analysts Say Lack of LNG Supply May Derail Some U.S. Terminal Proposals
Posted on Nov 6, 2006 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Analysts Say Lack of LNG Supply May Derail Some U.S. Terminal Proposals
Platts LNG Daily reports that increasing global demand for gas, a lack of committed supply sources, and high upstream costs of new liquefaction facilities may prevent some of the currently-proposed U.S. LNG terminals from coming online, according to several LNG industry analysts. [Subscription...
Trinidad Energy Minister Prioritizes Domestic Natural Gas Demand
Posted on Oct 31, 2006 in Liquefaction | Comments Off on Trinidad Energy Minister Prioritizes Domestic Natural Gas Demand
Plans for a fifth liquefaction train in Trinidad and Tobago will not go forward unless domestic demand for natural gas is met, according to Energy Minister Lenny Saith. Read more in yesterday’s Platts LNG Daily. [Subscription...
Shortage of Natural Gas Leading to Inactive Liquefaction Projects
Posted on Oct 18, 2006 in Liquefaction | Comments Off on Shortage of Natural Gas Leading to Inactive Liquefaction Projects
A shortage of feedstock gas has led to a number of global liquefaction projects operating at less than full capacity, according to this week’s edition of World Gas Intelligence. The publication attributes the shortfall to, among other things, declining reserves and political unrest in LNG-producing countries such as Oman, Malaysia, Nigeria, and Trinidad & Tobago....
Critics Concerned about Petro-Canada’s Supply Deal with Gazprom
Posted on Oct 17, 2006 in Canada & Mexico, Liquefaction, Regas Terminals & Capacity | Comments Off on Critics Concerned about Petro-Canada’s Supply Deal with Gazprom
Petro-Canada’s relationship with Russian gas monopoly Gazprom has raised concern among critics, who say that Gazprom’s interest in sending Shtokman gas to European markets instead of North America could create supply problems for the proposed St. Petersburg liquefaction facility, as well as the Cacouna Energy import terminal in Quebec. However, a spokesperson for...
Freeport LNG to Continue Construction Despite Supply Uncertainties
Posted on Oct 13, 2006 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Freeport LNG to Continue Construction Despite Supply Uncertainties
Platts Gas Daily reports that Freeport LNG Development will continue building its 1.5 Bcf/d import terminal in Brazoria County, Texas despite supply uncertainties. “Our customers’ supply arrangements are their business,” said Hugh Urbantke, the company’s chief financial officer. “We’re a tolling company and it’s a user-pay agreement. Whether...