Bentek Energy Predicts U.S. LNG Imports Will Average 1.1 Bcf/d Over Five Years
Posted on May 12, 2011 in LNG Exports, Markets and Competition, Regas Terminals & Capacity | Comments Off on Bentek Energy Predicts U.S. LNG Imports Will Average 1.1 Bcf/d Over Five Years
Bentek Energy released a report this week predicting that U.S. LNG imports will average 1.1 Bcf/d over the next five years. The report also notes that it does not expect exports of domestic U.S. gas as LNG to begin within the five-year forecast period. Platts LNG Daily provides further...
Reuters Summarizes U.S. LNG Export Proposals
Posted on May 12, 2011 in LNG Exports | Comments Off on Reuters Summarizes U.S. LNG Export Proposals
Reuters provides a summary of the LNG export projects proposed for the United States.
Analysts Raise Concerns with Cheniere’s Financial Position
Posted on May 11, 2011 in Financing, LNG Exports | Comments Off on Analysts Raise Concerns with Cheniere’s Financial Position
Several analysts told Bloomberg (available via the San Francisco Chronicle) that they are concerned with Cheniere’s financial position, noting that the company may have trouble meeting a loan payment scheduled for next...
Southern Union, BG File Seek Authorization to Export LNG Via Lake Charles Facility
Posted on May 10, 2011 in Federal Regulation, LNG Exports | Comments Off on Southern Union, BG File Seek Authorization to Export LNG Via Lake Charles Facility
Southern Union Company announced yesterday that it has formed a joint venture with BG LNG Services to apply for long-term authorization to export U.S.-sourced natural gas as LNG via the Lake Charles LNG facility. The application, which should be available on the U.S. Department of Energy’s website soon, contemplates exporting LNG volumes averaging 2 Bcf/d over a 25-year period....
Japanese Companies Join Mitsubishi in Canadian Gas Shale Project, Plan to Study LNG Exports
Posted on May 9, 2011 in Canada & Mexico, E&P, LNG Exports | Comments Off on Japanese Companies Join Mitsubishi in Canadian Gas Shale Project, Plan to Study LNG Exports
Four Japanese companies — Japan Oil, Gas and Metals National Corporation, Chubu Electric Power Co., Tokyo Gas Co., and Osaka Gas Co. — have joined Mitsubishi Corporation in a consortium that will develop shale gas deposits in British Columbia. According to Mitsubishi’s media release, the consortium will also analyze the possibility of exporting Canadian natural gas as...
Company Executive: Cheniere’s Sabine Pass LNG Terminal Shifts Business Model
Posted on May 5, 2011 in LNG Exports, Markets and Competition | Comments Off on Company Executive: Cheniere’s Sabine Pass LNG Terminal Shifts Business Model
Speaking yesterday in Houston, Davis Thames, president of Cheniere Marketing, said that the unique natural gas market in North America has compelled Cheniere to adjust its business model for the Sabine Pass LNG terminal. Thames said that the Sabine Pass facility will function more like a natural gas pipeline than a traditional LNG import terminal once its LNG liquefaction and export...