U.S. Terminals Continue Record Pace
Posted on Apr 30, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on U.S. Terminals Continue Record Pace
According to NATS Weekly Data Pack, U.S. terminals processed more LNG (89.7 Bcf) in April than in any previous month. Due partly to a warmer winter in Europe, the United States is now ahead of Spain as the top LNG-consuming nation during 2007 in the Atlantic Basin, having processed 262.5 Bcf of LNG versus 260.2 Bcf in...
Cheniere and Gaz de France Enter Sale and Purchase, Option Agreements
Posted on Apr 27, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere and Gaz de France Enter Sale and Purchase, Option Agreements
Cheniere Marketing and Gaz de France International Trading and Marketing S.A.S. (“GDF”) have signed a pair of option agreements as well as a 2008 LNG sale and purchase agreement (“SPA”). The 15-year option agreements give Cheniere the option to sell one cargo of LNG per month ex-ship at NBP based prices to GDF at the Isle of Grain terminal, and give GDF the...
Rising Global LNG Prices May Affect U.S. Terminal Capacity
Posted on Apr 25, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Rising Global LNG Prices May Affect U.S. Terminal Capacity
LNG 15 News reports on the potential impact of rising global LNG prices on the expansion of U.S. LNG terminal capacity. According to the publication, Bill Cooper, executive director for the Center for Liquefied Natural Gas, predicts that out of the 40 or so proposed U.S. terminals, only a few of the “fittest” will survive the permitting...
United States to Host LNG 17 Conference
Posted on Apr 25, 2007 in Markets and Competition | Comments Off on United States to Host LNG 17 Conference
LNG 15 News reports that the United States will host the LNG 17 Conference in 2013. Either Houston or San Diego will serve as the site for the industry gathering.
Industry Experts at LNG 15: Future Supplies Main Problem Facing LNG Industry
Posted on Apr 24, 2007 in Liquefaction, Markets and Competition | Comments Off on Industry Experts at LNG 15: Future Supplies Main Problem Facing LNG Industry
Frank Harris, head of Wood Mackenzie’s Global LNG Consulting section, offered his views on the LNG market during today’s session at the LNG 15 Conference in Barcelona, Spain. He suggested that although ongoing delays in liquefaction through 2010 will continue to create a supply shortage, the industry will face a challenge in ensuring adequate supply after 2010 when supplies...
Petro-Canada One of Four Finalists for Gazprom’s Baltic LNG Project
Posted on Apr 20, 2007 in Canada & Mexico, Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Petro-Canada One of Four Finalists for Gazprom’s Baltic LNG Project
Petro-Canada revealed that it is one of four finalists under consideration by Gazprom to become a partner in the proposed Baltic LNG liquefaction facility near St. Petersburg. Gazprom is expected to reveal the remaining finalists during next week’s LNG 15 Conference in Barcelona, Spain. NATS and Platts LNG Daily provide further information. [Subscription...