EIA Expects United States to Import 460 Bcf of LNG in 2009
Posted on Sep 10, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on EIA Expects United States to Import 460 Bcf of LNG in 2009
In its Short-Term Energy Outlook released yesterday, the U.S. Energy Information Administration (EIA) predicted that U.S. imports of LNG would total 460 Bcf in 2009 and 660 Bcf in 2010. EIA noted that it revised downward its previous prediction for 2009 due to global LNG market conditions and relatively high world oil...
Alaskan Utility Considering Importing LNG Via Kenai Export Terminal
Posted on Sep 8, 2009 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Alaskan Utility Considering Importing LNG Via Kenai Export Terminal
Enstar Natural Gas, a natural gas utility based in Alaska, told Platts LNG Daily [subscription required] last week that it has spoken informally with ConocoPhillips, the operator of the Kenai LNG export plant, about using the facility to import LNG. According to Platts, Enstar is also examining other options to address concerns regarding the decline of production in the Cook Inlet gas...
Report: Increased LNG Imports to U.S. Gulf Terminals Expected Despite Weak Gas Prices
Posted on Sep 4, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Report: Increased LNG Imports to U.S. Gulf Terminals Expected Despite Weak Gas Prices
A report by Waterborne Energy indicates that the Sabine Pass and Lake Charles LNG import terminals are expected to receive up to five LNG cargos in the near future. The report notes that such an increase in LNG imports to the region is unexpected as U.S. natural gas prices remain below $3/MMBtu. Read more in the Houston...
Analysis: Mexican LNG Imports Expected to Rise Over Next Decade
Posted on Sep 3, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Analysis: Mexican LNG Imports Expected to Rise Over Next Decade
The Petroleum Economist [subscription required] carries an analysis of Mexico’s natural gas supply over the next decade and raises questions about the country’s planned reliance on the production of gas from the Chicontepec project. To make up for its expected gas shortfall, the analysis suggests that Mexico may have to increase its LNG imports via the Altamira, Costa Azul,...
European LNG Headlines
Posted on Sep 3, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Spain’s Enagas Buys BP Stake in Bilbao LNG Terminal (Reuters) Adriatic LNG Releases Regasification Access Code (Adriatic LNG)
NATS: Utilization of U.S. LNG Terminals Remains Limited
Posted on Sep 2, 2009 in Markets and Competition | Comments Off on NATS: Utilization of U.S. LNG Terminals Remains Limited
NATS released market comments this morning and opined that the utilization of U.S. LNG import terminals “remains lackluster,” with the exceptions of the Everett, Elba Island, and Canaport LNG terminals. NATS noted that significant disruptions to the market, such as a hurricane in the Gulf of Mexico, could change the LNG market dynamics in the Atlantic Basin, but that...