EIA Revises 2008 LNG Import Projection
Posted on Feb 13, 2008 in Markets and Competition | Comments Off on EIA Revises 2008 LNG Import Projection
In its Short Term Energy Outlook, the U.S. Energy Information Administration (EIA) revised its projection of LNG imports to the United States downward to 788 Bcf in 2008, a modest 1.8% increase over 2007 import levels. The EIA cited continuing strength in the Western European and Asian markets as well as supply uncertainty as reasons for its downward...
NATS Releases Analysis of 2007 U.S. LNG Imports
Posted on Feb 11, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on NATS Releases Analysis of 2007 U.S. LNG Imports
NATS released its analysis of U.S. LNG imports for 2007, noting that 2007 saw an increase of 15% in imports over 2006. NATS reports that the BG Group was the largest importer of LNG to the U.S. market, holding a 54.7% market share. NATS also reports that Trinidad and Tobago, with a 58.5% market share, remains the largest country of origin of U.S. LNG imports....
Report Suggests that Global LNG “Undersupply” May Affect North American Gas Markets
Posted on Feb 7, 2008 in Markets and Competition | Comments Off on Report Suggests that Global LNG “Undersupply” May Affect North American Gas Markets
Citing delays at several liquefaction projects worldwide and increasing demand in Europe and Asia, a report released by FirstEnergy Capital suggests that global LNG supply levels may increase the price of natural gas in North America. However, the report notes that several factors, including weather and the U.S. economy, also could affect the gas market. The Canadian Press (carried via...
Daily Letters to the Editor
Posted on Feb 6, 2008 in Markets and Competition, State and Local Issues | Comments Off on Daily Letters to the Editor
Newsday (suggests that Broadwater LNG will not guarantee lower natural gas prices)
DOE Changes Reporting Requirements for LNG Importers and Exporters
Posted on Feb 6, 2008 in Federal Regulation, Markets and Competition | Comments Off on DOE Changes Reporting Requirements for LNG Importers and Exporters
The Department of Energy’s Office of Fossil Energy has amended the reporting requirements for natural gas and LNG importers and exporters. Submission of quarterly reports is no longer required and monthly reports now must include the information previously captured in quarterly reports. Details are available in today’s Federal...
Op-Ed: Maine’s Energy Debate Should Be Better Informed
Posted on Feb 5, 2008 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-Ed: Maine’s Energy Debate Should Be Better Informed
Sarah Miller, editor of World Gas Intelligence, states in an op-ed carried by the Bangor Daily News that Maine’s residents should be better informed as they debate the state’s options for future energy supplies. Specifically, Miller notes that expending time and effort opposing or supporting the LNG import facilities proposed for Downeast may not be productive because the...