Cheniere Offers Shares to Raise Capital for LNG Liquefaction Project
Posted on Sep 15, 2011 in Financing, LNG Exports | Comments Off on Cheniere Offers Shares to Raise Capital for LNG Liquefaction Project
Cheniere Energy Partners will offer $60 million in shares for the development of its planned LNG liquefaction project at the Sabine Pass terminal, as well as other general business purposes. Upstream Online provides further...
Japan Encourages U.S. Secretary of Energy to Approve LNG Export Applications
Posted on Sep 15, 2011 in LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on Japan Encourages U.S. Secretary of Energy to Approve LNG Export Applications
Platts LNG Daily [subscription required] reports that Japanese officials who met with U.S. Secretary of Energy Steven Chu this week encouraged the U.S. government to approve pending LNG export applications, expressing Japan’s desire to import LNG from the United States. A source with the Japanese government told Platts that Japan secured “certain understandings” from Secretary...
Company Spokesperson: Cove Point LNG Export Application Prompted By Inquiries from Potential Customers
Posted on Sep 14, 2011 in LNG Exports, Markets and Competition | Comments Off on Company Spokesperson: Cove Point LNG Export Application Prompted By Inquiries from Potential Customers
A spokesperson for Dominion Cove Point told World Gas Intelligence [subscription required] that the company’s application to export LNG filed with the U.S. Department of Energy was prompted by inquiries from potential customers to use the facility to export LNG starting 2016 or 2017. The spokesperson also noted that because there is already LNG liquefaction equipment at the...
Analysis: Global Competition and Incorrect Market Predictions Affecting LNG Market
Posted on Sep 13, 2011 in LNG Exports, Markets and Competition, Regas Terminals & Capacity | Comments Off on Analysis: Global Competition and Incorrect Market Predictions Affecting LNG Market
An analysis published by the Alaska Dispatch provides an overview of the global LNG industry and concludes that despite market challenges faced by LNG importers in North America, the global LNG industry continues to...
Industry Analyst Predicts Shale Gas Could Significantly Limit Need for LNG Imports to the United States
Posted on Sep 12, 2011 in E&P, LNG Exports, Markets and Competition | Comments Off on Industry Analyst Predicts Shale Gas Could Significantly Limit Need for LNG Imports to the United States
Speaking last week in Houston, Kenneth Medlock of the James A. Baker III Institute at Rice University said that he expects shale gas production to “virtually eliminate” demand for LNG imports to the United States. Find further details in Platts Gas Daily. [Subscription...
Industry Consultant Offers Comprehensive Study of U.S. LNG Export Potential
Posted on Sep 12, 2011 in LNG Exports, Markets and Competition | Comments Off on Industry Consultant Offers Comprehensive Study of U.S. LNG Export Potential
Analysts with Pan EurAsian Enterprises, Inc., an energy industry consultancy, have released a comprehensive report entitled “LNG Exports from the United States – Wishful Thinking?” The report, available to subscribers or for online purchase, examines the potential for LNG exports from the United States and concludes that perhaps one or two LNG export projects could be...