Canadian and Russian Leaders Discuss LNG
Posted on Jul 17, 2006 in Canada & Mexico, Liquefaction, Markets and Competition, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Canadian and Russian Leaders Discuss LNG
On the sidelines of the G8 meetings in St. Petersburg, Russia, Canadian Prime Minister Stephen Harper and Russian President Vladimir Putin met to discuss a potential linkage between a proposed LNG liquefaction facility near St. Petersburg and the Gros Cacouna regasification facility proposed by Petro-Canada in Quebec. Despite the affirmative statements issued by the leaders after the...
G8 Leaders Issue Statement on LNG
Posted on Jul 17, 2006 in Liquefaction, Markets and Competition, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on G8 Leaders Issue Statement on LNG
In an effort to increase global energy security, the leaders of the G8 nations yesterday signed an agreement encouraging “appropriate investment conditions” to develop global LNG infrastructure. Meeting in St. Petersburg, Russia, the leaders’ joint statement affirmed that the nations “shall take measures both nationally and internationally to...
Mexico Looks to Trinidad for LNG Supply
Posted on Jul 12, 2006 in Canada & Mexico, Liquefaction, Regas Terminals & Capacity | Comments Off on Mexico Looks to Trinidad for LNG Supply
Mexico may compete for additional LNG supply from Trinidad and Tobago if the latter develops a fifth liquefaction plant, according to a Dow Jones report. Trinidad and Tobago Energy Minister Lenny Saith is meeting with Mexican energy officials during a two-day visit to discuss collaborative energy initiatives. His Mexican counterpart Fernando Canales said LNG development projects, such...
Repsol to Enter Downstream Operations Through Canaport LNG Terminal
Posted on Jul 12, 2006 in Blog, Canada & Mexico, Liquefaction, LNGLawBlog, Regas Terminals & Capacity | Comments Off on Repsol to Enter Downstream Operations Through Canaport LNG Terminal
World Gas Intelligence reports on Repsol’s plans to participate in all facets of the LNG value chain. While the Spanish energy company initially focused its LNG business on the upstream supply and liquefaction side, it is developing its regasification presence through the Canaport LNG terminal in New Brunswick, Canada. Phil Ribbeck, Repsol’s director of North American...
Total Reaches Agreement for Qatari LNG
Posted on Jul 10, 2006 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Total Reaches Agreement for Qatari LNG
Total has entered a 25-year deal to purchase 5.2 mt/yr of LNG from the Qatargas 2 liquefaction projectand an approximately 16% ownership interest in one of the liquefaction trains.According to Friday’s Platts LNG Daily, much of the supply may be destined for terminals where Total owns capacity, such as Mexico’s Altamira LNG terminal and the proposed Sabine Pass LNG terminal in...
Shell May Face Pressure from Qatar to Ship LNG to More Profitable Terminal
Posted on Jun 28, 2006 in Liquefaction, Regas Terminals & Capacity | Comments Off on Shell May Face Pressure from Qatar to Ship LNG to More Profitable Terminal
Qatar Petroleum may pressure Shell to ship LNG supplies from its 1.0 Bcf/d Qatargas 4 liquefaction facility to a more profitable North American LNG terminal than the Elba Island LNG terminal, where Shell had initially planned to transport the supply, according to Qatari officials who spoke with Platts LNG Daily [subscription required] at Monday’s U.S.-Arab Economic Forum in Houston....