Analysts Offer Differing Predictions for 2009 U.S. LNG Imports
Posted on Aug 4, 2008 in Markets and Competition | Comments Off on Analysts Offer Differing Predictions for 2009 U.S. LNG Imports
Today’s Wall Street Journal offers the predictions of two LNG industry analysts regarding 2009 U.S. LNG imports. Citing a large increase in global production, Steven Johnson of Waterborne Energy said that he expects an increase in LNG imports to the United States next year. In contrast, Zach Allen of Pan EurAsian Enterprises, said that he expects 2009 LNG import volume will...
Sendout from U.S. LNG Terminals in July Highest Monthly Total of 2008
Posted on Aug 1, 2008 in Markets and Competition | Comments Off on Sendout from U.S. LNG Terminals in July Highest Monthly Total of 2008
NATS reports that the sendout volume for the month of July was 35.1 Bcf, the highest monthly total for 2008. NATS also notes that this sendout level is the lowest July total for the years 2004-2007. [Subscription...
NATS Lowers Estimate of U.S. LNG Imports for 2008
Posted on Jul 31, 2008 in Markets and Competition | Comments Off on NATS Lowers Estimate of U.S. LNG Imports for 2008
Yesterday, NATS revised its 2008 estimate of LNG imports to the United States from 375 Bcf to 340-360 Bcf, noting that the Everett and Elba Island LNG regasification terminals will remain the most active LNG import terminals. [Subscription...
SUEZ LNG NA President Testifies Before Congressional Committee
Posted on Jul 31, 2008 in Markets and Competition, Policy, Legislation and Politics | Comments Off on SUEZ LNG NA President Testifies Before Congressional Committee
In testimony given yesterday before the U.S. House Select Committee on Energy Independence and Global Warming, SUEZ LNG NA President and CEO Clay Harris emphasized the importance of LNG’s role in moderating natural gas prices in the U.S. market by diversifying gas supply. However, Harris noted that LNG should be viewed as a supplement to North American gas supplies, not a fuel...
Analysts: Price Spread Between U.S. and U.K. Markets Will Lower U.S. LNG Imports
Posted on Jul 28, 2008 in Markets and Competition | Comments Off on Analysts: Price Spread Between U.S. and U.K. Markets Will Lower U.S. LNG Imports
Platts Gas Daily reports that several natural gas market analysts expect that the expanded price spread between the U.S. and U.K. gas markets will trim U.S. LNG imports for the rest of the year. [Subscription...
BG’s 2Q U.S. LNG Deliveries Drop Markedly From Last Year
Posted on Jul 24, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on BG’s 2Q U.S. LNG Deliveries Drop Markedly From Last Year
BG Group Plc. announced yesterday that it delivered 17 LNG cargos to the United States in the second quarter of 2008, down from 64 in the second quarter last year. Bloomberg provides further...