Weaver’s Cove LNG Project Backers Speak at Town Council Meeting
Posted on Mar 5, 2010 in Markets and Competition, Safety & Security, State and Local Issues | Comments Off on Weaver’s Cove LNG Project Backers Speak at Town Council Meeting
Representatives for Hess LNG, the company developing the Weaver’s Cove LNG import project, presented information about their project to the Bristol, R.I., Town Council this week. EastBayRI.com reports that several town councilors questioned the officials regarding safety and security planning and local impacts of LNG vessel...
Barclays: Gazprom’s European Gas Pricing May Direct More LNG to U.S. Market
Posted on Mar 4, 2010 in Markets and Competition | Comments Off on Barclays: Gazprom’s European Gas Pricing May Direct More LNG to U.S. Market
In a report released earlier this week, Barclays Capital said that Gazprom’s recent revision of its natural gas pricing formula for European customers, allowing up to 15% of Gazprom’s gas sales contracts to be linked to spot gas prices, may drive excess Atlantic basin LNG to U.S. import terminals over the next three years. Read more in Platts LNG Daily. [Subscription...
European LNG Headlines
Posted on Mar 3, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Georgia Commits to Transiting LNG for Bulgaria (Novinite)
Gazprom Official Expects LNG to Compete with Shale Plays for U.S. Gas Market Share
Posted on Mar 3, 2010 in Markets and Competition | Comments Off on Gazprom Official Expects LNG to Compete with Shale Plays for U.S. Gas Market Share
Speaking yesterday in Paris, Gazprom Deputy CEO Alexander Medvedev said that he expects LNG to compete with shale gas plays for U.S. natural gas market share. According to Business Week, Medvedev also said that he does not see any reason for Gazprom to revise its goal to capture 10% of the U.S. gas market by...
El Paso May Adjust Ownership Structure of Elba Island LNG Terminal
Posted on Mar 2, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on El Paso May Adjust Ownership Structure of Elba Island LNG Terminal
In a conference call with financial analysts yesterday, El Paso Corp. executives said that they are considering selling the Elba Island LNG import terminal and associated pipeline to El Paso Pipeline Partners LP, the company’s master limited partnership subsidiary. According to Business Week, the executives noted that the LNG terminal and pipeline provide consistent revenue and low...
European LNG Headlines
Posted on Mar 2, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Gazprom CEO Expects Future Cooperation with GDF Suez on LNG and Other Energy Issues (RFI) Councilors Welcome Power Plant Associated with Shannon LNG Project (Irish Times) U.K. to Top Spain for LNG Imports (Calgary Herald) Qatar Expects to Export LNG to Poland by 2014 (Business...