Decreased LNG Imports Could Spur Coal and Domestic Natural Gas Production
Posted on Jun 23, 2008 in Markets and Competition | Comments Off on Decreased LNG Imports Could Spur Coal and Domestic Natural Gas Production
The Lexington Herald-Leader (Ky.) cites the decline in LNG imports to the United States as one of several reasons that coal and domestic natural gas production could increase in the U.S. Appalachian...
Canadian Minister Confirms LNG on Agenda for Meetings in Qatar
Posted on Jun 20, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Canadian Minister Confirms LNG on Agenda for Meetings in Qatar
Gary Lunn, Canada’s federal Natural Resources Minister, confirmed yesterday that LNG opportunities will be on the agenda when he travels to Qatar next week with Nova Scotia’s Premier Rodney MacDonald. In previous press statements, Premier MacDonald had refused to confirm that LNG issues would be discussed. The Chronicle Herald offers additional...
Total Prepares for Arbitrage Opportunities
Posted on Jun 20, 2008 in Markets and Competition | Comments Off on Total Prepares for Arbitrage Opportunities
Noting that the North American, European, and Asian gas markets will likely see substantial growth in LNG demand over the coming years, Phillipe Sauquet, senior vice president of gas and electricity trading for Total Gas and Power, said yesterday that his company hopes to take advantage of arbitrage opportunities by securing access to LNG import terminals in North America, Europe,...
BP, ConocoPhillips Alaska Pipeline Proposed to FERC Ahead of TransCanada
Posted on Jun 17, 2008 in Markets and Competition, Pipelines | Comments Off on BP, ConocoPhillips Alaska Pipeline Proposed to FERC Ahead of TransCanada
In a letter sent to FERC on Monday, BP and ConocoPhillips are seeking preliminary review of their Denali pipeline proposal to carry gas from Alaska’s North Slope to Alberta, according to the Anchorage Daily News. The timing of the letter coincided with a legislative hearing on TransCanada’s rival pipeline project, which seeks $500 million in state subsidies under the...
EnCana CEO: Shale Gas Will Reduce Need for LNG Imports
Posted on Jun 17, 2008 in Markets and Competition | Comments Off on EnCana CEO: Shale Gas Will Reduce Need for LNG Imports
EnCana CEO Randy Eresman, speaking before the Canadian Association of Petroleum Producers’ annual investment symposium, said that increased gas production from North American shale prospects could lower gas prices and reduce the need for imported LNG. The Calgary Herald has more...
Oregon PUC Releases Memorandum Suggesting Imported LNG May Offer Marginal Savings Over Other Natural Gas Supplies
Posted on Jun 13, 2008 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Oregon PUC Releases Memorandum Suggesting Imported LNG May Offer Marginal Savings Over Other Natural Gas Supplies
The Oregonian reports that a memorandum released by the Oregon Public Utilities Commission concludes that “[w]hile there is no assurance that an LNG terminal will ever be built, its presence would help in meeting demand even though it would likely be at the same price as domestic gas. There may be some small savings because of lower transportation...