NATS Offers Review of U.S. LNG Imports for April 2008
Posted on Jun 6, 2008 in Markets and Competition | Comments Off on NATS Offers Review of U.S. LNG Imports for April 2008
According to NATS, the United States imported 11 LNG cargos in April 2008, nine from Trinidad & Tobago, one from Egypt, and one from Nigeria. NATS further reports that the United States imported 29.8 Bcf of LNG in April 2008 compared to 98.7 Bcf in April 2007. [Subscription...
ConocoPhillips Executive Optimistic About Canadian Natural Gas Amid Falling LNG Deliveries
Posted on Jun 3, 2008 in Markets and Competition | Comments Off on ConocoPhillips Executive Optimistic About Canadian Natural Gas Amid Falling LNG Deliveries
John Lowe, executive vice president of ConocoPhillips, told the Edmonton Chamber of Commerce that he is optimistic about the future of Canadian natural gas in North America, saying that the “long-expected surge of LNG imports … has not materialized. Many LNG cargos are instead going to Europe and Asia where prices are higher.” Read more in the Financial...
NATS: U.S. LNG Market Sees Lowest Import Total for May in Five Years
Posted on Jun 2, 2008 in Markets and Competition | Comments Off on NATS: U.S. LNG Market Sees Lowest Import Total for May in Five Years
NATS reports today that the United States imported 29.7 Bcf of LNG during May 2008. This import total is the lowest in May over the past five years. [Subscription required]
LNG Imports Down on Surging Global Demand
Posted on May 29, 2008 in Markets and Competition | Comments Off on LNG Imports Down on Surging Global Demand
The New York Times offers analysts’ and industry officials’ views on the current state of the U.S. LNG market.
Analysts: New Liquefaction Facilities Will Result in Increased U.S. LNG Imports
Posted on May 22, 2008 in Markets and Competition | Comments Off on Analysts: New Liquefaction Facilities Will Result in Increased U.S. LNG Imports
Several speakers at Platts’ Liquefied Natural Gas Conference, held last week, concurred that they eventually expect to see an increase in U.S. LNG imports, but disagreed on when significant increases in import volumes might begin. According to Platts LNG Daily [subscription required], some analysts believe that the increase will begin in 2013, when several liquefaction projects...
Domestic Gas “Plenty” Dampens LNG Outlook
Posted on May 22, 2008 in E&P, Markets and Competition | Comments Off on Domestic Gas “Plenty” Dampens LNG Outlook
According to USA Today, U.S. domestic exploration for natural gas has risen while LNG imports have not increased as rapidly as some analysts expected. One analyst with Cambridge Energy Research Associates said, “The surprise is that LNG is not turning out to be as big as we expected. But domestic supply is turning out to be...