LNG Aspirations Behind EDF Trading’s Purchase of Eagle Energy
Posted on Oct 1, 2008 in Markets and Competition | Comments Off on LNG Aspirations Behind EDF Trading’s Purchase of Eagle Energy
EDF Trading CEO John Rittenhouse told Platts LNG Daily that his company’s investment in Lehman Brothers’ subsidiary Eagle Energy is prompted in part by EDF Trading’s aspirations to become a global LNG player. [Subscription...
NATS: U.S. LNG Imports for September Down Dramatically from One Year Ago
Posted on Sep 30, 2008 in Markets and Competition | Comments Off on NATS: U.S. LNG Imports for September Down Dramatically from One Year Ago
NATS [subscription required] reports that U.S. LNG import terminals sent out 29.7 Bcf of natural gas during the month of September, a decrease of almost 15 Bcf from the same month last year. NATS also notes that U.S. LNG imports through the first nine months of 2008 have totaled 266.6 Bcf, a substantial decline from the 652.1 Bcf imported into the United States during the first nine...
U.S. State Department Endorses USTDA Grants for European LNG Projects
Posted on Sep 17, 2008 in Markets and Competition, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on U.S. State Department Endorses USTDA Grants for European LNG Projects
Yesterday the U.S. Department of State released a statement supporting grants issued by the U.S. Trade and Development Agency (USTDA) to the Lithuanian government and Romanian firm Romgaz to fund feasibility studies for LNG proposals in those countries. The statement went on to note that “[l]iquefied natural gas is part of a secure global energy future,” and that...
United States to Provide Assistance for LNG Feasibility Studies in Lithuania, Romania
Posted on Sep 16, 2008 in Markets and Competition, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on United States to Provide Assistance for LNG Feasibility Studies in Lithuania, Romania
Platts LNG Daily [subscription required] reports that the U.S. Trade and Development Agency (USTDA) has agreed to provide more than $800,000 to the government of Lithuania to determine the feasibility of an LNG import terminal in that country. Platts also reports that the USTDA will provide approximately $1 million to Romanian gas firm Romgaz to study the feasibility of an...
Qatar Preparing to Ship Regular Deliveries to Golden Pass LNG Terminal
Posted on Sep 15, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Qatar Preparing to Ship Regular Deliveries to Golden Pass LNG Terminal
The Economist Intelligence Unit (via LexisNexis [subscription required]) offers an analysis of Qatar’s entrance into the U.S. LNG market on a long-term basis when the Golden Pass LNG terminal begins operations next...
Deepwater Port Workshop Speakers Stress Collaboration
Posted on Sep 11, 2008 in Federal Regulation, Markets and Competition | Comments Off on Deepwater Port Workshop Speakers Stress Collaboration
At a workshop yesterday in Washington, DC, sponsored by the U.S. Maritime Administration (MARAD) and the Center for LNG, Maritime Administrator Sean T. Connaughton emphasized the importance of collaboration by offshore LNG developers with the multiple federal and state agencies involved in the review of the deepwater port projects. Speaking about the importance of...