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Consultant: LNG to Compete with Marcellus Shale for Share of Gas Market in U.S. Northeast

Deepa Poduval, an energy consultant with Black and Veatch, said yesterday that she expects LNG imports via terminals on the U.S. East Coast to compete with natural gas production from the Marcellus Shale formation for market share in the U.S. Northeast in the coming years. According to Platts LNG Daily [subscription required], Poduval said that LNG will remain a key destination for...

European LNG Headlines

RWE Creates Dutch Gas Contract; LNG Implications (Platts LNG Daily) [subscription required] Italian Government Decides No Environmental Compatibility Decree Needed for Pipeline Associated with OLT LNG (Platts LNG Daily) [subscription...

European LNG Headlines

E.On Seeking to Bolster LNG Holdings in European Markets (Bloomberg)

Total Official Says U.S. Market to Serve as LNG “Dumping Ground”

Due to expanding global LNG liquefaction capacity, Darryl Kennedy, director of origination and marketing for Total Gas and Power North America, told the LDC Forum in Chicago that he expects the U.S. LNG market to serve as a “dumping ground” for excess LNG supply. Platts LNG Daily provides additional coverage. [Subscription...

ConocoPhillips Applies for LNG Export Authorization for Freeport LNG Terminal

ConocoPhillips Company has filed an application to export previously imported LNG from the Freeport LNG terminal. Citing current conditions in the U.S. natural gas market, ConocoPhillips is seeking a blanket authorization from the U.S. Department of Energy to export up to 500 Bcf of previously imported LNG over a two year period. A notice in today’s Federal Register offers...

Analysts Encourage Canadian Gas Industry to Develop LNG Export Projects

The Canadian Energy Research Institute (CERI) released a report this week that encourages Canada’s gas industry to develop LNG export facilities, particularly projects that can readily access markets in Europe. According to Platts LNG Daily, the report suggests that liquefaction projects in eastern Canada could deliver LNG to European markets in as little as ten days, allowing...

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