Industry Sees Positive Outlook for Canadian LNG Exports
Posted on Jun 9, 2011 in Canada & Mexico, LNG Exports | Comments Off on Industry Sees Positive Outlook for Canadian LNG Exports
Speaking at a conference in Calgary this week, several energy industry officials offered positive outlooks for Canadian LNG export proposals. The Calgary Herald provides additional...
Chevron, Kinder Morgan Intervene in Sabine Pass Liquefaction Proceeding at FERC
Posted on Jun 8, 2011 in Federal Regulation, LNG Exports | Comments Off on Chevron, Kinder Morgan Intervene in Sabine Pass Liquefaction Proceeding at FERC
Chevron U.S.A. Inc. has filed a request to intervene and comments in the Sabine Pass LNG export proceeding at FERC. In its filing, Chevron argues that FERC should decide several jurisdictional questions in a declaratory order. The filing is available in FERC’s eLibrary under Docket No. RP11-2127. Separately, Kinder Morgan Louisiana Pipeline LLC also submitted a request to...
Sempra LNG Considering LNG Export Project
Posted on Jun 8, 2011 in Liquefaction, LNG Exports | Comments Off on Sempra LNG Considering LNG Export Project
Reuters reports that a spokesperson for Sempra LNG said yesterday that it would consider building an LNG liquefaction facility in the United States if other parties would agree “to shoulder the market risks.” The company spokesperson went on to note that “[b]uilding a liquefaction facility in the U.S. … only makes sense if prices in the U.S. remain significantly lower...
Apache May Conclude Negotiations This Year to Sell 85% of Kitimat LNG Production
Posted on Jun 7, 2011 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Apache May Conclude Negotiations This Year to Sell 85% of Kitimat LNG Production
An official for Apache Corp. speaking in Kuala Lumpur this week said that his company may conclude negotiations this year to sell up to 85% of the LNG produced at the Kitimat LNG facility currently under development in British Columbia, Canada. Bloomberg provides additional coverage. Separately, Platts LNG Daily [subscription required] reports that the same company official said that...
Citigroup Analysts: U.S. LNG Exports Could Compete with Other Global Supply Sources
Posted on Jun 6, 2011 in LNG Exports, Markets and Competition | Comments Off on Citigroup Analysts: U.S. LNG Exports Could Compete with Other Global Supply Sources
In a research report issued last week, analysts with Citigroup Global Markets predicted that U.S. LNG exports to Asia and Europe could be economically competitive with other traditional suppliers of LNG. See Platts LNG Daily for more details. [Subscription...
Petronas Invests in Canadian Shale Play as It Considers LNG Exports
Posted on Jun 3, 2011 in Canada & Mexico, E&P, LNG Exports | Comments Off on Petronas Invests in Canadian Shale Play as It Considers LNG Exports
Petronas has secured a 50% stake in three shale gas fields in British Columbia, partnering with Canadian company Progress Energy Resources Corp. Bloomberg reports that under the terms of the agreement, Petronas would more than double its initial investment should the companies decide to construct an LNG export project on the Canadian west coast. Petronas would own 80% of the LNG export...