DEIS Available for Beacon Port LNG
Posted on Mar 6, 2006 in Environmental, Liquefaction, Regas Terminals & Capacity | Comments Off on DEIS Available for Beacon Port LNG
The U.S. Coast Guard and the Maritime Administration (MARAD) have made available the draft environmental impact statement (DEIS) for ConocoPhillips’ proposed Beacon Port LNG Deepwater Port in the Gulf of Mexico. The proposed terminal would be approximately 50 miles east-southeast of Galveston, Texas, and designed to handle an average delivery of approximately 1.5 billion standard...
Dept. of Energy Secretary Bodman Discusses LNG Issues With Algeria’s Oil Minister
Posted on Mar 6, 2006 in Liquefaction, Markets and Competition | Comments Off on Dept. of Energy Secretary Bodman Discusses LNG Issues With Algeria’s Oil Minister
A Department of Energy spokesperson says U.S. Energy Secretary Samuel Bodman and Algerian Oil Minister Chakib Khelil met on Friday to “the developing liquefied natural gas efforts in Algeria and how that relates to exports to Europe and the U.S.” A Dow Jones article, carried today via Energy Central Professional, has the story. [Subscription...
Calhoun LNG Makes Progress
Posted on Feb 15, 2006 in Financing, Gas Composition, Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Calhoun LNG Makes Progress
World Gas Intelligence reports that the proposed Calhoun LNG terminal is financially able to push forward, and that Haddington Energy Partners is expected to provide financing in the future. Further, Calhoun president Chris Hilgert says Calhoun may sign MOUs with liquefaction projects in Nigeria and North Africa after final investment decisions are made later this year. In addition to...
Analyst Predicts Increase of LNG Shipments to the US
Posted on Feb 6, 2006 in Liquefaction, Markets and Competition | Comments Off on Analyst Predicts Increase of LNG Shipments to the US
The Gerdes Group expects greater liquefaction capacity in the Atlantic Basin to yield more US LNG imports and cause US gas prices to decrease. The Atlantic Basin LNG market “is on the cusp of an almost 50% increase in liquefaction, and after accounting for contracted volumes dedicated to various markets, the US appears likely to keep up with Europe in terms of incremental LNG...
Prime Minister Says Trinidad and Tobago Can Meet Gas Requirements
Posted on Feb 3, 2006 in Liquefaction, Markets and Competition | Comments Off on Prime Minister Says Trinidad and Tobago Can Meet Gas Requirements
Amid speculation that the government of Trinidad and Tobago might not be able to supply gas to current projects, the nation’s prime minister today said that there is ample natural gas to supply six proposed gas projects and as well as satisfy existing agreements. “We took a decision late last year that over the next year or two, there are six projects that will be given...
BG Signs MoU With Brass LNG For 20-Year Supply
Posted on Feb 2, 2006 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on BG Signs MoU With Brass LNG For 20-Year Supply
UK-based BG and Nigeria’s Brass LNG have entered a MoU for BG to purchase 2 million tons of LNG per year for 20 years with initial shipments scheduled for 2010. World Gas Intelligence reports that cargos are to be sent to the Lake Charles and Elba Island terminals, but BG retains the right to divert shipments to other locations such as the UK and Italy. [Subscription...