Expert: Despite Rise in LNG Imports, Alaska Gas Pipeline Remains Viable
Posted on Sep 7, 2007 in Markets and Competition, Pipelines | Comments Off on Expert: Despite Rise in LNG Imports, Alaska Gas Pipeline Remains Viable
Economist Mark Finley told the Anchorage Daily News that despite the numerous LNG import terminals under development in North America, a gas pipeline linking untapped gas fields in northern Alaska remains economically viable. Finley said that Alaskan gas supplies face competition from an increasingly-global LNG market as well as coal and alternative energy...
Analysis: U.S. LNG Imports Down in August
Posted on Sep 6, 2007 in Markets and Competition | Comments Off on Analysis: U.S. LNG Imports Down in August
Platts LNG Daily reports that LNG shipping capacity to the United States was down 16% in the month of August from the previous month. Platts notes that 20 cargos with a combined total of 75.98 Bcf capacity entered the U.S. market, compared with 31 cargos and 90.85 Bcf in July. Platts cites increased demand in Asia and rising prices in Europe as likely causes for the decline in LNG...
NATS: August LNG Import Total Tops 85 Bcf
Posted on Sep 5, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on NATS: August LNG Import Total Tops 85 Bcf
NATS reports that U.S. LNG import terminals sent out 85 Bcf of natural gas during the month of August, marking the fourth-highest monthly tally of 2007. NATS’ LNG Week in Review goes on to discuss the perceived supply shortfall, particularly in the Atlantic Basin, as one of the limiting factors affecting the development of LNG import capacity. [Subscription...
Op-Ed: Gas Pipeline Projects May Alleviate Need for California LNG Terminals
Posted on Sep 4, 2007 in Markets and Competition, Pipelines, Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-Ed: Gas Pipeline Projects May Alleviate Need for California LNG Terminals
Examining the recent approval of the North Baja gas pipeline by California’s State Lands Commission, an op-ed in the Record-Gazette (Banning, Calif.) suggests that the Commission’s decision likely has eliminated the need for any LNG terminals to be built along the California...
Report: New U.S. LNG Terminals May Face Underutilization
Posted on Sep 4, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Report: New U.S. LNG Terminals May Face Underutilization
A Datamonitor report (carried via Energy Central Professional [subscription required]) suggests that the recent boom in the construction of U.S. LNG terminals may lead to underuse of regasification capacity. The report states that if U.S. LNG consumption grows 6% annually, consumption will total 46 Bcm/y by 2020. If the 22 LNG terminals that have been approved for construction are...
EIA: June LNG Imports to United States Up 32% Over Last Year
Posted on Aug 31, 2007 in Markets and Competition | Comments Off on EIA: June LNG Imports to United States Up 32% Over Last Year
The U.S. Energy Information Administration (EIA)reports that June 2007 LNG imports to the United States totaled 81.3 Bcf, up 32% from 61.7 Bcf in June 2006. The EIA predicts that U.S. LNG imports will reach 850 Bcf in 2007 and 1.02 Tcf in 2008. Reuters (carried via LexisNexis [subscription required]) provides further...