T&T Contracts for LNG Destined for Everett Terminal May Expire Next Spring
Posted on Nov 14, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on T&T Contracts for LNG Destined for Everett Terminal May Expire Next Spring
Two gas supply contracts between suppliers Gas Natural and Gas de Euskadi and Everett LNG terminal owner GDF Suez are set to expire next spring, which would end one of the two long-term LNG flows into the United States. World Gas Intelligence [subscription required] reports that a source close to Gas Natural said that due to the relatively low price of natural gas in the United States,...
EIA Predicts Increase in U.S. LNG Imports for 2009
Posted on Nov 13, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on EIA Predicts Increase in U.S. LNG Imports for 2009
In its new Short-Term Energy Outlook, the EIA predicts that the United States will import approximately 410 Bcf of LNG in 2009. The report notes that limited natural gas storage capacity in other LNG-consuming nations could make the United States a more attractive destination for spot cargos during storage injection season. The EIA’s prediction for total LNG imports to the United...
FERC Determines Pre-Filing Process Not Required for Freeport LNG Re-Export
Posted on Nov 13, 2008 in Federal Regulation, Regas Terminals & Capacity | Comments Off on FERC Determines Pre-Filing Process Not Required for Freeport LNG Re-Export
In a letter issued today, FERC told Freeport LNG that the company’s proposal to modify its facility in order to re-export imported LNG will not be subject to the mandatory pre-filing process applicable to new LNG terminals. FERC notes that the proposed “change of use of the facility does not appear to involve significant safety considerations that have not been previously...
Local Residents Voice Concerns Regarding Pipeline Associated with Jordan Cove LNG Project
Posted on Nov 12, 2008 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Local Residents Voice Concerns Regarding Pipeline Associated with Jordan Cove LNG Project
The News-Review (Roseburg, Ore.) offers coverage of Monday’s Roseburg City Council meeting where a number of opponents of the proposed Jordan Cove LNG project voiced their concerns regarding the proposed route of a natural gas pipeline associated with the...
NATS Revises Estimate of U.S. LNG Imports for 2008
Posted on Nov 12, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on NATS Revises Estimate of U.S. LNG Imports for 2008
Citing the scheduled shut down of the Elba Island LNG terminal, NATS [subscription required] has lowered its U.S. LNG imports estimate for 2008 from 350 Bcf to approximately 330 Bcf.
Tanker to Arrive at Lake Charles LNG Terminal This Week
Posted on Nov 12, 2008 in Regas Terminals & Capacity | Comments Off on Tanker to Arrive at Lake Charles LNG Terminal This Week
Reuters (via Forbes.com) reports that BG Group’s Golar Freeze LNG tanker is expected to arrive at the Trunkline LNG terminal in Lake Charles, La. on Friday. Reuters notes that this cargo will be the second to arrive at the Lake Charles facility this...