DOE Issues Export Authorization to Sabine Pass, Freeport LNG
Posted on Jun 16, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on DOE Issues Export Authorization to Sabine Pass, Freeport LNG
Recently the U.S. Department of Energy Office of Fossil Energy issued authorizations to export previously imported LNG to Sabine Pass and Freeport LNG. Addressing potential concerns regarding effects of LNG re-exports on the U.S. domestic gas market, DOE’s order on the Sabine Pass application notes that “[b]ased on a review of the complete record, DOE/OFE finds that the...
Industry Analyst Says U.S. LNG Imports Could Affect Demand for Domestic Natural Gas
Posted on Jun 11, 2009 in Markets and Competition | Comments Off on Industry Analyst Says U.S. LNG Imports Could Affect Demand for Domestic Natural Gas
Speaking to the Grand Junction Area Chamber of Commerce in Colorado, Carter Mathies of Arista Midstream Services said that increased LNG imports to the United States could weaken demand for domestic natural gas, particularly gas from western states. The Grand Junction Sentinel provides additional...
Op-Ed: NW Natural Reiterates Support for LNG Projects in Oregon
Posted on Jun 11, 2009 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-Ed: NW Natural Reiterates Support for LNG Projects in Oregon
Kim Heiting, director of communications for Northwest Natural Gas Co., wrote in The Oregonian that the company, while not developing any LNG import projects of its own, supports LNG projects in Oregon. Heiting states that LNG imports will diversify the state’s natural gas supply and may save customers approximately $500 million over 20 years in natural gas transportation...
Gazprom Seeks Up to 10% of U.S. Gas Market by 2020
Posted on Jun 10, 2009 in Liquefaction, Markets and Competition | Comments Off on Gazprom Seeks Up to 10% of U.S. Gas Market by 2020
Gazprom Deputy CEO Alexander Medvedev told Platts LNG Daily that his company seeks between 5 and 10% of the U.S. natural gas market by 2020, noting that the Shtokman and Yamal LNG liquefaction projects could come on stream in the coming decade. [Subscription...
Chevron Signs LNG Supply Deal with RasGas, Capacity Agreement with European Company
Posted on Jun 8, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Chevron Signs LNG Supply Deal with RasGas, Capacity Agreement with European Company
Last week Chevron announced that it has finalized an agreement with Qatar’s RasGas for LNG supplies to be delivered to the Sabine Pass LNG terminal. Chevron has also agreed to provide capacity at Sabine Pass to an unnamed European company. See Platts LNG Daily for further coverage. [Subscription...
Sempra LNG Signs Agreement with RasGas for LNG Deliveries to Cameron LNG
Posted on Jun 8, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Sempra LNG Signs Agreement with RasGas for LNG Deliveries to Cameron LNG
This morning Sempra LNG announced that it has signed an agreement with RasGas for LNG supply that will be delivered to the Cameron LNG import terminal. According to Sempra LNG’s press release, the agreement covers up to 50 LNG cargos to be delivered between August 1, 2009, and December 31,...