Despite Present Natural Gas Prices, Sempra’s LNG Terminals Valued by Company
Posted on Feb 16, 2010 in Markets and Competition | Comments Off on Despite Present Natural Gas Prices, Sempra’s LNG Terminals Valued by Company
Citing contractual arrangements that minimize the company’s exposure to market downturns, Darcel Hulse, head of Sempra LNG, told the San Diego Union-Tribune that his company does not regret pushing into the LNG space several years...
Citigroup Energy Re-Exporting LNG Cargo from Sabine Pass Terminal
Posted on Feb 15, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Citigroup Energy Re-Exporting LNG Cargo from Sabine Pass Terminal
According to Platts LNG Daily [subscription required], Citigroup Energy is re-exporting an LNG cargo that has been stored at the Sabine Pass LNG facility. A source told Platts that the cargo may be delivered to a regasification terminal in...
European LNG Headlines
Posted on Feb 15, 2010 in Markets and Competition, Pipelines, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Possible Strike at U.K.’s Milford Haven Port May Impact LNG, Other Tankers (Platts LNG Daily) [Subscription required] Nord Stream Plan Wins Final Finnish Approval: Source (Reuters) Enel Plans to Start Building Italian Terminal in Second Half of Year (Platts LNG Daily) [Subscription...
European LNG Headlines
Posted on Feb 12, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Shale Gas May Displace LNG in Europe (Business Week) Belgium’s Zeebrugge to Get Qatari LNG (Gulf Times) Hungarian PM Hopes Egypt Will Supply LNG to Hungary (UPI)
January 2010 U.S. LNG Imports Double January 2009 Total
Posted on Feb 12, 2010 in Markets and Competition | Comments Off on January 2010 U.S. LNG Imports Double January 2009 Total
The U.S. Energy Information Administration (EIA) reported in its Short-Term Energy Outlook this week that the United States imported twice as much LNG in January 2010 as it did a year earlier, approximately 60 Bcf. Reuters provides additional...
Sempra LNG Would Consider Selling Port Arthur LNG Project
Posted on Feb 12, 2010 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Sempra LNG Would Consider Selling Port Arthur LNG Project
Speaking at an LNG conference in Singapore, Sempra LNG CEO Darcel Hulse said that his company might consider selling its Port Arthur LNG import project or using the property as a joint LNG and oil terminal. Hulse also said that his company is considering offering additional regasification capacity at the Cameron LNG terminal under long-term lease. Read more in the Wall Street Journal...