Decreasing Gas Prices Unlikely to Harm U.S. LNG Development
Posted on Sep 15, 2006 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Decreasing Gas Prices Unlikely to Harm U.S. LNG Development
According to London-based analyst Mostefa Ouki, the strategic objectives of LNG-producing countries will have a stronger impact on the long-term development of the U.S. LNG industry than any short-term fluctuations in U.S. natural gas prices. Ouki commented on the necessary balance between U.S. gas prices that may be too low to make importing LNG economical and sustained high gas...
U.S.-Based Company to Produce LNG from Waste Gas
Posted on Sep 5, 2006 in Liquefaction | Comments Off on U.S.-Based Company to Produce LNG from Waste Gas
The Sunday Times reports on technology owned by U.S.-based Prometheus Energy that produces LNG by capturing, cleaning, and chilling methane that emanates from landfills and coal mines. “We are capturing what would otherwise be released straight into the atmosphere as a greenhouse gas, so not only is our technology cheap, but it will help with emissions targets,” said Kirt...
Analysts Say Alaska LNG Project Is Feasible
Posted on Sep 1, 2006 in Liquefaction, Pipelines, State and Local Issues | Comments Off on Analysts Say Alaska LNG Project Is Feasible
Consulting firm Econ One Research has determined that The Alaska Gasline Port Authority’s proposal to transport LNG from the North Slope to West Coast and Mid-West markets is feasible, particularly if it could deliver supply three years faster than a rival project backed by Alaska Gov. Frank Murkowski. The NBC affiliate for Fairbanks, Alaska has the...
U.S. Market for Australian LNG Is Uncertain
Posted on Sep 1, 2006 in Federal Regulation, Liquefaction, Regas Terminals & Capacity | Comments Off on U.S. Market for Australian LNG Is Uncertain
It is unclear when Australian LNG will reach U.S. markets, according to FERC Chairman Joseph Kelliher and DOE Deputy Secretary James Slutz, who attended the APGas conference in Perth yesterday. Kelliher noted that several spot cargos from Australia have already been delivered to the U.S. Gulf Coast, but he expects future shipments to reach the U.S. via an LNG terminal in Baja...
Mexico Evaluates Potential Contract for Peruvian Natural Gas
Posted on Aug 31, 2006 in Canada & Mexico, Liquefaction | Comments Off on Mexico Evaluates Potential Contract for Peruvian Natural Gas
People’s Daily Online reports that Mexico’s Federal Electricity Commission is contemplating a 25-year, 500 MMcf/d natural gas supply contract with Peru LNG for an estimated $25 billion. Peruvian officials plan to discuss the potential deal with Mexican Foreign Minister Luis Derbez during a visit beginning...
Editorial: Alaska Port Authority Misled Public About LNG Proposal
Posted on Aug 29, 2006 in Liquefaction | Comments Off on Editorial: Alaska Port Authority Misled Public About LNG Proposal
The Anchorage Daily News alleges that The Alaska Port Authority has provided Alaskans with inaccurate information regarding the funding and logistics of liquefying natural gas from the North Slope and transporting it to West Coast markets. “Alaskans need to know the truth about the options as they decide in the months ahead how to negotiate with the North Slope producers,”...