Analyst: North American Shale Gas Could Drive LNG to European Markets
Posted on Mar 10, 2010 in Markets and Competition | Comments Off on Analyst: North American Shale Gas Could Drive LNG to European Markets
Speaking yesterday at the Center for Strategic and International Studies in Washington, D.C., BSA Energy President Ben Schlesinger said that increased development of unconventional gas plays in North America may trigger a natural gas glut in Europe. Platts LNG Daily reports that Schlesinger predicted that as production increases from North American shale gas projects, LNG...
Algerian Energy Minister: Unconventional Gas Likely to Limit U.S. LNG Imports “For Some Time”
Posted on Mar 9, 2010 in Markets and Competition | Comments Off on Algerian Energy Minister: Unconventional Gas Likely to Limit U.S. LNG Imports “For Some Time”
Speaking to Reuters yesterday, Algeria’s Energy Minister Chakib Khelil said that he expects the global LNG market to improve within two or three years. However, Minister Khelil also said that “the U.S. [LNG] market is probably gone for some time to come because of the huge unconventional gas that has been developed all over the United...
European LNG Headlines
Posted on Mar 9, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
4Gas Shelves Dutch LionGas Terminal Project (Platts LNG Daily) [Subscription required] Total Acquires 10% of Dunkirk LNG Terminal Project (Platts LNG Daily) [Subscription required]
Analyst: Costa Azul Terminal Could Receive Two LNG Cargos Per Month in 2010
Posted on Mar 8, 2010 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Analyst: Costa Azul Terminal Could Receive Two LNG Cargos Per Month in 2010
Steve Johnson, president of Waterborne Energy, told Platts LNG Daily [subscription required] that he believes Sempra’s Energia Costa Azul LNG import terminal will receive two cargos per month once the Tangguh LNG liquefaction project in Indonesia comes on stream. This estimate accounts for certain contractual arrangements that allow some LNG cargos to be diverted from Costa Azul...
Canaport LNG Seeking to Double Winter Sendout in 2010-2011
Posted on Mar 5, 2010 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Canaport LNG Seeking to Double Winter Sendout in 2010-2011
Phil Ribbeck, head of Repsol Energy North America, said this week that he hopes to double the natural gas sendout from the Canaport LNG terminal during the 2010-2011 winter heating season. Ribbeck said that the average daily natural gas sendout this year was 400 MMcf/d and he hopes to increase sendout to approximately 800 MMcf/d next year. Read more in the...
European LNG Headlines
Posted on Mar 5, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Spanish Spot LNG Prices Valued Slightly Down (Platts LNG Daily) [Subscription required] French Weekly LNG Inputs Rise 47.5% on the Year to 11.5 TBtu (Platts LNG Daily) [Subscription required] U.K. Sees Steady LNG Flows, but U.S. Prices Offer Challenge (Platts LNG Daily) [Subscription...