Sonangol May Seek Other LNG Markets Following U.S. Natural Gas Price Decline
Posted on Oct 9, 2009 in Liquefaction, Markets and Competition | Comments Off on Sonangol May Seek Other LNG Markets Following U.S. Natural Gas Price Decline
An official with Sonangol SA, Angola’s state-run oil and gas company, told Bloomberg that, due to the decline in U.S. natural gas prices, the company may change its plans to supply the U.S. market with output from the Angola LNG liquefaction...
Repsol Remains Confident Natural Gas Demand Will Rise
Posted on Oct 8, 2009 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Repsol Remains Confident Natural Gas Demand Will Rise
Noting that his company makes strategic decisions on a “25-year-horizon,” Denis Marcoux, vice president for Repsol Energy Canada, told the Telegraph-Journal that his company is confident that as winter approaches and the global economy improves, demand for natural gas will...
Gazprom Begins Trading Natural Gas in North American Market
Posted on Oct 2, 2009 in Markets and Competition | Comments Off on Gazprom Begins Trading Natural Gas in North American Market
Reuters reports that Gazprom has begun trading and marketing natural gas in the North American market. Trading efforts will include LNG marketing and natural gas swaps and will be done by Gazprom Marketing and Trading...
Canaport LNG Expected to Receive Cargo Oct. 5
Posted on Oct 1, 2009 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Canaport LNG Expected to Receive Cargo Oct. 5
Reuters reports that Repsol YPF’s Bilbao Knutsen LNG vessel is expected to arrive at the Canaport LNG terminal on October 5, 2009. The vessel, which is the seventh to arrive at Canaport since the terminal came online in June, is carrying LNG sourced from Trinidad &...
GDF Suez Considering Diverting Yemen LNG Cargos from U.S. Market to India
Posted on Oct 1, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on GDF Suez Considering Diverting Yemen LNG Cargos from U.S. Market to India
Zawya Dow Jones (carried via Wall Street Journal) reports that GDF Suez has approached the Yemeni government with a request to divert LNG cargos from the country’s liquefaction facility originally destined for the United States to regasification terminals in India. An industry consultant with Wood MacKenzie noted that by diverting cargos from U.S. to Indian destinations savings...
Repsol CEO Expects Canaport LNG to “Create a Lot of Value” Despite Current Market Conditions
Posted on Sep 28, 2009 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Repsol CEO Expects Canaport LNG to “Create a Lot of Value” Despite Current Market Conditions
Speaking to Platts LNG Daily [subscription required], Repsol YPF CEO Antonio Brufau said that although natural gas market conditions in North America are not favorable at present, he expects the Canaport LNG import terminal to play a key role in Repsol’s global portfolio of...