Chevron Executive Discusses Shtokman Project With Russian Officials
Posted on Apr 4, 2006 in Liquefaction, Markets and Competition | Comments Off on Chevron Executive Discusses Shtokman Project With Russian Officials
Chevron CEO David O’Reilly yesterday met with Russian ministers to discuss the Shtokman gas field venture. Chevron is one of the finalists under consideration as a partner with Gazprom to develop the huge Russian gas field. LNG from Shtokman is expected to be imported to the U.S., and Chevron, along with the other finalists, have made capacity at regasification terminals in the...
Colombia May Provide LNG to the U.S.
Posted on Apr 3, 2006 in Liquefaction, Markets and Competition | Comments Off on Colombia May Provide LNG to the U.S.
At a conference March 30, the general director of the Colombian national oil agency said that natural gas fields located offshore Colombia may spur the construction of a two-train liquefaction plant that could supply LNG to the U.S. Details are in Friday’s Platts LNG Daily. [Subscription...
Qatar Liquefaction Projects to Boost U.S. LNG Supply
Posted on Apr 3, 2006 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Qatar Liquefaction Projects to Boost U.S. LNG Supply
The Gulf Times today reports that construction has begun on liquefaction projects Qatargas 3 and Qatargas 4, with volumes targeting the United States. Supply from QG3, a project in which ConocoPhillips has a 30% stake, is expected to reach U.S. gas markets in 2009. LNG from QG4 is destined for the Elba Island LNG terminal through a long-term contract with Shell, which has a 30% share...
Petro-Canada Optimistic About Future Gazprom Collaboration
Posted on Mar 31, 2006 in Canada & Mexico, Liquefaction, Markets and Competition | Comments Off on Petro-Canada Optimistic About Future Gazprom Collaboration
Petro-Canada’s CEO is optimistic that strong diplomatic ties between Russia and Canada will help facilitate a deal with Gazprom to import Russian LNG to North America. Ron Brenneman said before investors yesterday that Petro-Canada’s recent liquefaction deal with Gazprom is a sign of progress. Read more in yesterday’s Platts Oilgram News. [Subscription...
Norsk Hydro Optimistic About Potential Access to U.S. LNG Market
Posted on Mar 30, 2006 in Liquefaction, Markets and Competition | Comments Off on Norsk Hydro Optimistic About Potential Access to U.S. LNG Market
Norway’s Norsk Hydro will attempt to secure capacity at U.S. LNG terminals in the Gulf of Mexico if it wins a stake in Gazprom’s Shtokman natural gas project, the company’s vice president said today. Torstein Indreboe dismissed comments from industry analysts who say that Norsk Hydro’s lack of access to an import terminal has hindered its bid to secure a share....
LNG Industry Faces Construction Delays and Crew Shortages
Posted on Mar 29, 2006 in Liquefaction, Markets and Competition | Comments Off on LNG Industry Faces Construction Delays and Crew Shortages
Supply anticipated by the North American LNG market may be blocked in the short term by financial and logistical hurdles that could delay the completion of liquefaction projects abroad, according to a report in today’s World Gas Intelligence. WGI writes that competition for limited labor, engineering, and construction resources has placed a strain on the industry....