Alaska Seeks Advice to Incentivize LNG Export Project
Posted on May 1, 2013 in LNG Exports, State and Local Issues | Comments Off on Alaska Seeks Advice to Incentivize LNG Export Project
The Alaska Dispatch reports that the Alaska Department of Natural Resources is seeking a consultant to examine what incentives the state could offer to induce North Slope gas producers to construct a natural gas pipeline and LNG export terminal to monetize North Slope gas supplies. The article also discusses the possibility of the state becoming a partner in such a...
Moody’s Report Assesses Worldwide Impacts of U.S. LNG Exports
Posted on May 1, 2013 in LNG Exports, Markets and Competition | Comments Off on Moody’s Report Assesses Worldwide Impacts of U.S. LNG Exports
A new report from Moody’s Investors Service examines the impacts of U.S. LNG exports on worldwide gas markets and concludes that Asian nations will be the primary beneficiaries of the increased LNG supply options. The report also predicts that at most four of the terminal projects associated with the twenty LNG export applications pending before the U.S. Department of Energy will...
Witnesses Commend Economic Benefits of LNG Exports to House Panel
Posted on Apr 30, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on Witnesses Commend Economic Benefits of LNG Exports to House Panel
Citing economic benefits to the U.S. economy, energy industry experts testified in support of LNG exports at last week’s hearing on the economic and geopolitical impacts of gas exports held before a subcommittee of the U.S. House Committee on Foreign Affairs. Read more in the Oil & Gas Journal article. Testimony from the hearing can be found...
Progress Energy Canada Finalizes Agreement With JAPEX
Posted on Apr 29, 2013 in LNG Exports, Markets and Competition | Comments Off on Progress Energy Canada Finalizes Agreement With JAPEX
Progress Energy Canada Ltd., Pacific NorthWest LNG Ltd. and Petroliam Nasional Berhad (PETRONAS) announced today that they have finalized a deal with JAPEX Montney Ltd., the Canadian subsidiary of Japan Petroleum Exploration Co. Ltd. (JAPEX), whereby JAPEX will acquire a 10% interest in Progress Energy Canada’s natural gas assets in northeast British Columbia and in the proposed...
Alumina Plants in Jamaica to Switch to Gas
Posted on Apr 26, 2013 in LNG Exports, Technology | Comments Off on Alumina Plants in Jamaica to Switch to Gas
Russian aluminum producer UC Rusal announced that it will switch from fuel oil to natural gas as fuel for three alumina refineries that it operates in Jamaica. The gas will be purchased from BP Energy Company, liquefied at non-cryogenic temperatures at a facility expected to be located in Pascagoula, Miss., and then loaded and transported on ocean-going carriers to Jamaica using Sea...
Petronet LNG Signs Preliminary Agreement for Main Pass Hub LNG Supplies
Posted on Apr 26, 2013 in LNG Exports | Comments Off on Petronet LNG Signs Preliminary Agreement for Main Pass Hub LNG Supplies
The Economic Times reports that Indian gas company Petronet LNG has signed a preliminary agreement with United LNG to buy 4 million tonnes of LNG per year for 20 years beginning in 2018. The LNG will be supplied from the Main Pass Energy Hub, a joint venture of United LNG and Freeport McMoRan Energy LLC, located in the Gulf of...