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European LNG Headlines

LNG Needed to Diversify Europe’s Natural Gas Supply (New York Times) Gas Natural Gets Key Approval for Italy LNG Plant (Reuters)

Jamaica Considering Several LNG Suppliers

An article in yesterday’s Jamaica Gleaner reports that Jamaica is considering a number of supply options for its contemplated LNG import project, including Trinidad & Tobago, Venezuela, and...

IEA Economist Expects Downward Pressure on Global LNG Market

Noting expanded production and faltering demand, International Energy Agency Chief Economist Fatih Birol said that he expects LNG prices to remain relatively low for the next few years. Reuters (carried via the Calgary Herald) provides additional...

EIA Predicts United States Will Import 506 Bcf of LNG in 2009

In its Short-Term Energy Outlook released this week, the U.S. Energy Information Administration predicts that the United States will import approximately 506 Bcf of LNG in 2009, up from 352 Bcf in 2008. EIA notes that LNG demand in South Korea and Japan has slackened, and because Europe and Asia have limited gas storage capacity, additional LNG cargos will be available to the U.S....

European LNG Headlines

Centrica: UK Needs Long-Term LNG Supply Contracts (Wall Street Journal) GDF Suez Offers French LNG Import Capacity in Response to EU Antitrust Probe (Yahoo Finance) Spain’s Enagas Says Cartagena’s LNG Expansion to Be Complete in July (Platts LNG Daily) [Subscription...

European LNG Headlines

European Commission’s Joint Research Centre Releases LNG Report (Press Statement) OMV Has Moved Some Staff Out of Iran Due to Tumult Following Presidential Election (Platts LNG Daily) [Subscription required] UK Gas Turns Down, LNG Cargoes Head to Europe (Reuters) South Korea Courts Poland on Nuclear, LNG Projects...

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