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European LNG Headlines

Building for LNG Trade Between Russia and The Netherlands (Moscow Times) Stream Makes First Greek Delivery (ICIS Heren) [Subscription required] Spain’s LNG Demand Lose Momentum (ICIS Heren) [Subscription...

Promigas Says LNG Will Be Cheaper Than Oil for Jamaica

Speaking this week in Columbia, an official with Promigas said that LNG will be a less costly energy source for Jamaica than oil. Remarking on the price spread between oil and LNG, the official noted that Columbian LNG prices, despite trading at an all-time high, have increased less than prices for other energy commodities. Read more in the Jamaica...

Barclays Capital Predicts Flat U.S. LNG Imports in 2011

In a report released this week, Barclays Capital analysts wrote that they do not expect overall U.S. imports of LNG to increase in 2011 as compared to 2010 imports. The report states that the expected price spreads between the United States and other LNG markets around the world are likely to discourage any increase in LNG imports to the U.S. market. Read more in Platts LNG Daily....

Head of Repsol North America Optimistic as Canaport LNG Plans Winter Operations

Phillip Ribbeck, president of Repsol Energy North America, told the Telegraph-Journal that “it’s been a good year” for the Canaport LNG terminal. Ribbeck reported that his company may deliver as much as 800 MMcf/d of natural gas in the coming winter months, approximately twice as much daily throughput as last...

Industry Players: LNG “Critical” to U.S. Northeast

Platts LNG Daily reports that two natural gas industry officials, speaking earlier this week at a conference in Boston, said that they expect LNG imports to remain an important component of the energy supply for the U.S. Northeast. Industry consultant David Palmerton noted that despite increased domestic natural gas supplies from shale gas plays, LNG supplies are critical to the region...

European LNG Headlines

EU OKs Osaka Gas to Buy Endesa Stake in Spanish LNG Terminal (Capital.gr) Gas Natural Secures Capacity at Italy’s Panigaglia LNG Terminal (Platts LNG Daily) [Subscription...

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