Analyst Expects Cheniere Will Secure Financing for LNG Liquefaction Project
Posted on Feb 17, 2012 in Financing, LNG Exports | Comments Off on Analyst Expects Cheniere Will Secure Financing for LNG Liquefaction Project
Speaking yesterday in Houston, an analyst with Societe Generale said that he expects that Cheniere will be able to secure adequate financing from banks to build the company’s planned LNG liquefaction project at the Sabine Pass LNG terminal. Read more in Platts LNG Daily [subscription...
Deloitte Analysis Predicts Small Impact on Domestic Gas Prices from U.S. LNG Exports
Posted on Feb 17, 2012 in LNG Exports, Markets and Competition | Comments Off on Deloitte Analysis Predicts Small Impact on Domestic Gas Prices from U.S. LNG Exports
An analysis produced by the Deloitte Center for Energy Solutions predicts that LNG exports from the United States of 6 Bcf/d could cause the price of gas to rise by $0.12 per million Btu between 2016 and 2035, an increase of approximately 1.7% over the projected natural gas price for this...
Gazprom Official Predicts U.S. LNG Exports to Asia in Coming Decade
Posted on Feb 17, 2012 in LNG Exports, Markets and Competition | Comments Off on Gazprom Official Predicts U.S. LNG Exports to Asia in Coming Decade
Speaking to Bloomberg, Gazprom Deputy CEO Alexander Medvedev said that he expects that the United States may begin exporting relatively small volumes of LNG to Asian markets, not to Europe, in the coming decade. He also said that he expects Asian LNG prices to remain linked to oil prices, disagreeing with industry analysts who expect the link between LNG and oil prices to weaken in the...
Secretary Chu Tells U.S. Senators No Final Decision Yet on LNG Exports
Posted on Feb 17, 2012 in LNG Exports, Policy, Legislation and Politics | Comments Off on Secretary Chu Tells U.S. Senators No Final Decision Yet on LNG Exports
During testimony before the U.S. Senate Energy and Natural Resources Committee, Secretary of Energy Steven Chu said that no final decision has been made as to whether the Department of Energy will authorize additional LNG exports. Secretary Chu noted that he is waiting for additional information regarding the potential economic effects of additional LNG export authorizations...
CEO: Petronet LNG Exploring U.S. LNG Export Options
Posted on Feb 16, 2012 in LNG Exports, Markets and Competition | Comments Off on CEO: Petronet LNG Exploring U.S. LNG Export Options
Petronet LNG CEO A.K. Balyan told Bloomberg yesterday that his firm is negotiating with a number of U.S. companies for long-term LNG supplies, including exports from Cheniere Energy’s Sabine Pass LNG...
Consultant: Alaskan LNG May Compete for Chinese Market with Domestic Natural Gas
Posted on Feb 16, 2012 in LNG Exports, Policy, Legislation and Politics, State and Local Issues | Comments Off on Consultant: Alaskan LNG May Compete for Chinese Market with Domestic Natural Gas
Energy consultant Pedro van Meurs told a group of Alaskan state legislators this week that he believes Alaska may have difficulty securing a share of the Chinese natural gas market. According to the Juneau Empire, van Muers said that Alaskan LNG will compete with China’s domestic natural gas as the country begins to develop its own...