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European LNG Headlines

South Hook LNG Plant Reaches Milestone as Building Work Ends (Milford Mercury) Adriatic LNG Allocates Regasification Capacity Slot in May (Adriatic LNG)

El Paso Gas Pipeline May Affect LNG Proposals in Oregon

The Oregonian reports that El Paso Corp. expects to begin construction on the Ruby natural gas pipeline, a project designed to transport Wyoming gas supplies to Oregon, this spring. The piece notes that some industry players believe that the Ruby pipeline may reduce the need for the three LNG import projects planned for...

JP Morgan Agreement with Cheniere May Be Profitable in Long Run

A Reuters analysis of the recent agreement between JP Morgan Chase & Co. and Cheniere Energy involving Cheniere’s Sabine Pass LNG import terminal says that while the deal may be profitable in the long run, low U.S. gas prices may hamper profitability in the short term. The piece notes that JP Morgan and Cheniere may take advantage of Sabine Pass’ large storage and LNG...

EIA Expects Increased U.S. LNG Imports in 2010

The U.S. Energy Information Administration (EIA) predicts in its Short-Term Energy Outlook that LNG imports to the United States will increase by approximately 0.5 Bcf/d in 2010 over last year. The report also notes that if global LNG demand decreases while global LNG supply increases, LNG imports to the U.S. market may increase by a greater margin this...

European LNG Headlines

Italy to Get First Equatorial Guinea LNG in May (Reuters) Croatian Government Urges Utility HEP, Gas Firm Plinacro to Target 11% Stake in Adria LNG Project (Balkans.com)

European LNG Headlines

U.K’s South Hook LNG Terminal Completed – Operator (Reuters)

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