European LNG Headlines
Posted on Jun 5, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
LNG Key to Greece’s Plan to Become a Regional Energy Hub (Financial Times) Dutch Gate LNG Terminal Due Online in Second Half of 2011: Manager (Platts LNG Daily) [Subscription...
Cheniere Hopes for DOE Approval of LNG Exports Soon
Posted on Jun 4, 2009 in Federal Regulation, Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere Hopes for DOE Approval of LNG Exports Soon
Speaking to Reuters, Cheniere Energy CEO Charif Souki said that he hopes the U.S. Department of Energy will issue the license permitting the company to export foreign-sourced LNG via the Sabine Pass LNG terminal. Last week, FERC authorized the modifications necessary at the facility to export such LNG. Souki notes that the ability to import LNG, store it, and then export it to higher...
European LNG Headlines
Posted on Jun 4, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
4Gas delays Liongas terminal one year to 2013; project wins court ruling (Platts LNG Daily) [Subscription required] Europe may soon become dominant LNG price indicator: APX Group (Platts LNG Daily) [Subscription...
KBR Chief Executive Sees Increase in LNG Facility Construction in Coming Years
Posted on Jun 3, 2009 in Liquefaction, Markets and Competition | Comments Off on KBR Chief Executive Sees Increase in LNG Facility Construction in Coming Years
William Utt, CEO of the engineering and construction firm KBR Inc., said yesterday at the Reuters Global Energy Summit in New York City that he expects an uptick in the number of construction contracts for LNG production facilities around the world over the next two years. Reuters provides additional...
Kitimat LNG Continues Discussions with LNG Buyers, Suppliers
Posted on Jun 3, 2009 in Canada & Mexico, Liquefaction, Markets and Competition | Comments Off on Kitimat LNG Continues Discussions with LNG Buyers, Suppliers
The Calgary Herald provides details on Kitimat LNG’s memorandum of understanding to supply output from the facility to KOGAS and a similar tentative deal signed earlier this year with Mitsubishi. Rosemary Boulton, president of Kitimat LNG, said that Canadian gas producers also have shown interest in the project and supply deals are expected...
KOGAS Signs MOU with Kitimat LNG for 40 Percent of LNG Production
Posted on Jun 2, 2009 in Canada & Mexico, Liquefaction, Markets and Competition | Comments Off on KOGAS Signs MOU with Kitimat LNG for 40 Percent of LNG Production
Yesterday Kitimat LNG announced that it has signed a Memorandum of Understanding with Korea Gas Corporation (KOGAS). Under the terms of the agreement, KOGAS will acquire 40% of the LNG produced at the planned Kitimat LNG liquefaction facility (estimated at 2 million tons annually) over a 20 year period. The agreement also provides an option for KOGAS to acquire an equity stake in the...