Daily Letters to the Editor
Posted on Feb 1, 2008 in Canada & Mexico, Markets and Competition, State and Local Issues | Comments Off on Daily Letters to the Editor
Powell River Peak (Vancouver, Canada) (U.S. market driving WestPac LNG proposal)
U.S. January Imports Lowest in Five Years
Posted on Feb 1, 2008 in Markets and Competition | Comments Off on U.S. January Imports Lowest in Five Years
NATS [subscription required] comments that the United States is set to end the month with the lowest January imports of LNG in five years.
Osaka Gas to Examine Opportunities to Send LNG Cargos to Freeport LNG Terminal
Posted on Jan 31, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Osaka Gas to Examine Opportunities to Send LNG Cargos to Freeport LNG Terminal
Platts LNG Daily [subscription required] reports that Osaka Gas will consider opportunities to send LNG cargos to the Freeport LNG terminal in Texas but has no immediate plans to do so. The company recently acquired a 10% stake in Freeport LNG from the U.S. firm...
NATS: U.S. LNG Market “Soft”
Posted on Jan 29, 2008 in Markets and Competition | Comments Off on NATS: U.S. LNG Market “Soft”
NATS [subscription required] notes the continuing “soft” U.S. market for LNG, while prices in Europe and Asia remain high. Southbound LNG vessel traffic through the Suez Canal indicates that Asian markets are attracting LNG cargos right now, primarily due to rapid economic growth and nuclear power plant outages in...
Op-Ed: Energy Policy Needed to Curb Increasing Natural Gas Rates
Posted on Jan 28, 2008 in Markets and Competition, State and Local Issues | Comments Off on Op-Ed: Energy Policy Needed to Curb Increasing Natural Gas Rates
An opinion article in the Democrat Herald (Albany, Ore.) notes that local retail natural gas rates have increased sharply and adds that although LNG could bring additional supply to the area, it takes several years to get an LNG terminal approved and then additional years to build it. The editorial cites the proposed Bradwood Landing LNG project as an example, arguing that even if the...
Rising Global Demand May Lead to Decreased U.S. Imports
Posted on Jan 25, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Rising Global Demand May Lead to Decreased U.S. Imports
Platts LNG Daily [subscription required] reports that despite new North American terminal capacity that is scheduled to come online this year, rising LNG demand in other areas of the world may lead to decreased U.S. imports. Executive vice president of Pace Global Energy, James Diemer, stated, “We may be put in a situation where we’re going to have to attract [LNG] (via...