NATS: Sabine Pass LNG Plans Sendout of Approximately 1.7 Bcf Today
Posted on Jul 8, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on NATS: Sabine Pass LNG Plans Sendout of Approximately 1.7 Bcf Today
NATS reports that Sabine Pass’s nominations for today reached 1,846,994 dekatherms, or approximately 1.7 Bcf. NATS suggests that this sendout volume possibly represents a “full power” test of the terminal’s facilities, and notes that this volume more than doubles the average daily sendout from U.S. regasification terminals for the year. [Subscription...
Waterborne Energy Predicts U.S. LNG Imports to Total 420 Bcf for 2008
Posted on Jul 7, 2008 in Markets and Competition | Comments Off on Waterborne Energy Predicts U.S. LNG Imports to Total 420 Bcf for 2008
Energy consulting firm Waterborne Energy, Inc., released its 2008 U.S. LNG import forecast last Friday, predicting that the United States will import 420 Bcf of LNG in 2008. Waterborne President Steve Johnson noted that high global demand for LNG has affected the U.S. market, saying that “product we expected [in the United States] is now being sold to the highest bidders in...
NATS: U.S. LNG Sendout for June Totaled 30.6 Bcf
Posted on Jul 1, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on NATS: U.S. LNG Sendout for June Totaled 30.6 Bcf
NATS reports that the June 2008 LNG send out in the United States was 30.6 Bcf, down from 81.6 Bcf in June 2007. Additionally, NATS’s updated estimate of total U.S. LNG sendout for 2008 is 386 Bcf, versus 738 Bcf in 2007. [Subscription...
Cheniere, JPMorgan Enter Domestic Marketing Agreement
Posted on Jun 30, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere, JPMorgan Enter Domestic Marketing Agreement
Late last week Cheniere Energy announced that its subsidiary, Cheniere Marketing, Inc., has entered into a domestic marketing agreement with JPMorgan Ventures Energy Corporation, a JPMorgan Chase & Co. subsidiary. Under the agreement, JPMorgan will purchase LNG delivered to Cheniere at its Sabine Pass LNG terminal and acquire a portion of Cheniere’s storage and regasification...
Weather Drives Natural Gas Prices Up as LNG Imports Remain Flat
Posted on Jun 24, 2008 in Markets and Competition | Comments Off on Weather Drives Natural Gas Prices Up as LNG Imports Remain Flat
According to several market analysts interviewed by The Wall Street Journal, predictions of unusually warm summer weather have triggered higher prices in the North American natural gas market, while LNG imports, down more than 70% from last year, offer no relief. [Subscription...
Analysis Examines Economics of LNG Industry
Posted on Jun 23, 2008 in Markets and Competition | Comments Off on Analysis Examines Economics of LNG Industry
An article carried by Canadian Sailings examines the economics of the LNG industry, including an investigation of the costs of constructing infrastructure and natural gas pricing trends.