Analyst: Russian Dispute with Ukraine May Affect U.S. LNG Imports
Posted on Jan 26, 2009 in Markets and Competition | Comments Off on Analyst: Russian Dispute with Ukraine May Affect U.S. LNG Imports
Platts LNG Daily reports that an analyst with Barclays Capital said last week that he believes the dispute over natural gas prices between Russia and Ukraine could encourage European imports of LNG, slowing the growth of U.S. LNG imports in 2009. Bill Cooper, president of the Center for LNG, disputed the hypothesis, stating that he does not think the dispute will have a great effect on...
Platts: Excelerate Cargo Holding Offshore Mass. May be Contributing to Lower Regional Gas Prices
Posted on Jan 23, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Platts: Excelerate Cargo Holding Offshore Mass. May be Contributing to Lower Regional Gas Prices
A piece in Platts LNG Daily [subscription required] suggests that an LNG vessel waiting to unload at Excelerate’s Northeast Gateway LNG deepwater port off the Massachusetts coast may be contributing to relatively low regional natural gas prices during the winter...
Development of LNG Terminal Projects in Eastern Canada Expected to Slow
Posted on Jan 21, 2009 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Development of LNG Terminal Projects in Eastern Canada Expected to Slow
The Calgary Herald reports that North American natural gas market conditions and global financial challenges are expected to slow the development of several LNG projects in Eastern Canada, including the Rabaska LNG project planned for...
Consultant: North American LNG Imports to Increase 147% by 2014
Posted on Jan 16, 2009 in Markets and Competition | Comments Off on Consultant: North American LNG Imports to Increase 147% by 2014
Wood Mackenzie’s North American LNG analyst Murray Douglas said yesterday that he expects North American LNG imports to increase 147% by 2014, from 1.7 Bcf/d in 2009 to 4.2 Bcf/d. According to Platts LNG Daily, Douglas noted that a “significant proportion” of LNG from new liquefaction capacity is likely to come to the U.S. market and compete with shale gas for market...
Alaskan State Lawmaker: Sell Gas to Alaskans Before Exporting as LNG
Posted on Jan 15, 2009 in Liquefaction, Markets and Competition, Policy, Legislation and Politics | Comments Off on Alaskan State Lawmaker: Sell Gas to Alaskans Before Exporting as LNG
KSRM Radio reports that Alaskan State Rep. Paul Seaton (R-Homer) wants Kenai LNG to sell natural gas produced from the Cook Inlet to a greater number of Alaskan consumers before exporting it as LNG to Asian...
Changing Economic Conditions Have Slowed Development of LNG Projects in Southern California
Posted on Jan 14, 2009 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Changing Economic Conditions Have Slowed Development of LNG Projects in Southern California
The Ventura County Star (Calif.) provides an analysis of the challenges faced by LNG project developers in Southern California due to dramatic changes in the energy markets. The article notes that despite the changing economic conditions and public opposition, LNG projects proposed for the region, including NorthernStar Natural Gas Co.’s Clearwater Port LNG, ultimately may still...