California Firm Continues to Bet on LNG, CNG
Posted on Oct 22, 2007 in Markets and Competition, Technology | Comments Off on California Firm Continues to Bet on LNG, CNG
Clean Energy, a firm based in Southern California, has begun construction of the region’s first public fueling station for LNG and also a large LNG processing facility in Boron, Calif. Both facilities will use domestically-produced natural gas. Read more in the Long Beach Press...
BG Exec Advocates Sending North Slope LNG to Pacific Rim
Posted on Oct 19, 2007 in Markets and Competition | Comments Off on BG Exec Advocates Sending North Slope LNG to Pacific Rim
While the general assumption has been that gas shipped from the Alaska North Slope would serve U.S. markets, the gas could be delivered to Asia instead, BG Group VP David Keane recently told the Arctic Energy Summit. Keane did not confirm whether BG would submit a bid under the Alaska Gasline Inducement Act to develop North Slope reserves, but officials revealed last month that BG is...
Studies: CNG, LNG, Pipelines Provide Distinct Transportation Solutions
Posted on Oct 19, 2007 in Markets and Competition, Pipelines, Technology | Comments Off on Studies: CNG, LNG, Pipelines Provide Distinct Transportation Solutions
A feature in Energy Tribune synthesizes several studies comparing the relative benefits of CNG, LNG, and pipelines for bringing reserves to market. The detailed economic review finds distinct markets for all three, showing that for shorter distances pipelines are more economic, while for longer distances CNG is preferable for small volumes and LNG for larger...
Trinidad Politician Fears Nation Will Exhaust Gas Reserves
Posted on Oct 19, 2007 in Markets and Competition, Policy, Legislation and Politics | Comments Off on Trinidad Politician Fears Nation Will Exhaust Gas Reserves
Trinidad & Tobago’s Newsday reports that Carolyn Seepersad-Bachan, former chairman of the National Petroleum Company, has warned that her nation’s gas reserves may run out in only 12 years. Ms. Seepersad-Bachan, now running for office with the Congress of the People Party, cited booming demand from the construction business and Atlantic LNG’s new Train...
LNG Imports to United States in First Half of October Rise
Posted on Oct 18, 2007 in Markets and Competition | Comments Off on LNG Imports to United States in First Half of October Rise
Platts LNG Daily reports that LNG imports to the United States for the first half of October total 34.13 Bcf, compared with 26.28 Bcf imported in the same period last month. Platts cited the availability of additional cargoes in the Atlantic Basin as one factor in the rise in LNG cargo deliveries to the United States. [Subscription...
NERC: Over Reliance on Natural Gas Raises Concern in the United States
Posted on Oct 17, 2007 in Markets and Competition | Comments Off on NERC: Over Reliance on Natural Gas Raises Concern in the United States
The North American Electric Reliability Corporation (NERC) released its 2007 Long-Term Reliability Assessment this week. According to NERC’s press release, several regions in the U.S. are overly dependent on natural gas and LNG imports for electricity generation, potentially exposing these markets to global risk...