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Barclays Capital to Market LNG Imported Via Northeast Gateway Deepwater Port

Barclays Capital announced yesterday that it has formed an LNG services team and that the team’s first transaction is to market the natural gas imported as LNG via Excelerate Energy’s Northeast Gateway deepwater port. Reuters reports that Barclays Capital is negotiating a number of other deals in the LNG...

European LNG Headlines

GDF Suez’s First Yemen LNG Cargo Heads to United Kingdom’s Isle of Grain Terminal (Platts LNG Daily) [Subscription required]

European Natural Gas Buying Strategies to Affect U.S. LNG Market

A report in today’s Wall Street Journal hypothesizes that as European gas purchasers shift from LNG to Russian gas delivered via pipeline over the coming months, more LNG will be delivered to U.S. LNG terminals. This trend, coupled with increased domestic natural gas production, is likely to create downward pressure on U.S. gas...

Citigroup Buys LNG for Re-Export from ConocoPhillips

Reuters reports that last week Citigroup purchased an LNG cargo for re-export from ConocoPhillips at the Freeport LNG terminal. The 150,000 m3 LNG carrier Clean Force is expected to arrive at the terminal later this week to load the...

Qatari LNG Tanker Expected to Arrive at Canaport LNG Terminal This Week

Platts LNG Daily [subscription required] reports that the LNG carrier Masaimeer is expected to deliver an LNG cargo from Qatar to the Canaport LNG terminal this week. Several industry analysts told Platts that this development may contribute to continuing weakness in North American natural gas...

European LNG Headlines

GE Oil & Gas Installs Gravity-Based Structure for Adriatic LNG (Forbes) Adriatic LNG Announces that Spot Allocation Tender Received No Bids for Access (Adriatic LNG) Cyprus Launches Tender for Term LNG Supplies (Platts LNG Daily) [Subscription required] FSRU Conversion for OLT LNG Project to be Completed by Mid-2010 (Al...

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