Op-Ed: Oregon Could Be at Disadvantage Without LNG Terminal
Posted on Apr 28, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Op-Ed: Oregon Could Be at Disadvantage Without LNG Terminal
Gregg Kantor, president of Oregon utility NW Natural, argues in The Oregonian that Oregon could face a “severe competitive disadvantage” if the state does not build an LNG terminal. He notes that a new pipeline is transporting gas from the Rocky Mountains to the Midwest and Northeast United States, and that the East and Gulf Coasts will have up to nine LNG...
ALNG: 65% of 2007 LNG Cargos Exported from Trinidad Went to United States
Posted on Apr 24, 2008 in Liquefaction, Markets and Competition | Comments Off on ALNG: 65% of 2007 LNG Cargos Exported from Trinidad Went to United States
Atlantic LNG (ALNG) CEO Oscar Prieto told Trinidad & Tobago’s Newsday that 65% of his company’s cargos were exported to the United States in 2007. He also noted that 58% of all LNG imported to the United States in 2007 was from...
Industry Officials Expect U.S. LNG Imports to Increase Next Year
Posted on Apr 24, 2008 in Markets and Competition | Comments Off on Industry Officials Expect U.S. LNG Imports to Increase Next Year
Speaking at the CWC Group LNG 2008 conference held this week in San Antonio, Texas, a number of industry officials predicted that LNG imports to the United States are likely to increase next year. Sempra LNG’s vice president of commercial development cited expanded global liquefaction capacity and existing gas infrastructure as reasons the U.S. market would see more LNG cargos...
Analyst: U.S. LNG Price Likely to be Linked to Oil Price in Five Years
Posted on Apr 22, 2008 in Markets and Competition | Comments Off on Analyst: U.S. LNG Price Likely to be Linked to Oil Price in Five Years
Ed Kelly, Wood Mackenzie’s vice president for North American gas and power, told the American Association of Petroleum Geologists that he expects U.S. LNG prices to be linked to worldwide crude oil prices within five years. According to Platts LNG Daily, Kelly stated that domestic supplies will insulate the U.S. gas market for the next three to four years. However, Kelly...
Constellation Secures Interim Capacity at Freeport LNG
Posted on Apr 18, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Constellation Secures Interim Capacity at Freeport LNG
Constellation Energy has signed an agreement with Freeport LNG to acquire interim capacity at the terminal, which is expected to begin commercial operations in June 2008. LNG Unlimited [subscription required] has full...
Conference Attendees Call for Increased Natural Gas Storage to Accommodate LNG Imports
Posted on Apr 16, 2008 in Markets and Competition, Storage | Comments Off on Conference Attendees Call for Increased Natural Gas Storage to Accommodate LNG Imports
Speaking at Interchange Energy’s LDC Forum in Atlanta, several industry experts argued that increased natural gas storage capacity is needed in the U.S. Southeast to accommodate rising LNG imports. According to Platts LNG Daily, storage capacity is particularly vital in the United States because LNG imports to the United States are erratic and some cargos tend to arrive during...