Pacific Rubiales, EXMAR to Develop LNG Export Project Offshore Northern Columbia
Posted on May 26, 2011 in Liquefaction, Vessel Transportation | Comments Off on Pacific Rubiales, EXMAR to Develop LNG Export Project Offshore Northern Columbia
Pacific Rubiales, a Canadian and Columbian company, announced yesterday that it will partner with EXMAR to develop an LNG export project in Northern Columbia. According to the press release, the project would include a pipeline from the La Crecienta gas field to the Caribbean coast as well as the installation of a small-scale liquefaction and regasification...
Ship Owner Sees Very Tight Market for Global LNG Tanker Fleet
Posted on May 26, 2011 in Markets and Competition, Vessel Transportation | Comments Off on Ship Owner Sees Very Tight Market for Global LNG Tanker Fleet
Ulf Ryder of Stena Bulk, a shipping company, told Reuters (carried via the Calgary Herald) that he has found the spot market for LNG tankers to be extremely tight at the moment. “There are too few vessels to cover all this physical movement [of LNG],” Ryder said. He went on to say that he has turned down contracts for LNG tankers at $110,000 per day seeking closer to...
Op-Ed Critical of Positions Taken by Weaver’s Cove LNG on Tanker Operations, Economic Effects of Project on Local Community
Posted on May 12, 2011 in Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on Op-Ed Critical of Positions Taken by Weaver’s Cove LNG on Tanker Operations, Economic Effects of Project on Local Community
Today’s Jamestown Press carries an op-ed piece that attempts to rebut Weaver’s Cove LNG’s recently published arguments. The op-ed piece argues that LNG vessels transiting to Weaver’s Cove might use the proposed vessel anchorage site in Narragansett Bay and that the project’s economic benefits to the local community might not be as significant as...
Weaver’s Cove Energy CEO Responds to Concerns with Proposed LNG Vessel Transits
Posted on May 5, 2011 in Marine Regulation, Regas Terminals & Capacity, Safety & Security, Vessel Transportation | Comments Off on Weaver’s Cove Energy CEO Responds to Concerns with Proposed LNG Vessel Transits
Ted Gehrig of Weaver’s Cove Energy addresses some of the safety concerns surrounding LNG vessel transits in Narragansett Bay in an op-ed published in today’s Jamestown Press.
European LNG Headlines
Posted on Apr 21, 2011 in Liquefaction, Markets and Competition, Regas Terminals & Capacity, Vessel Transportation | Comments Off on European LNG Headlines
UK Receives First Qatari Q-Max LNG Super Tanker (Middle East North Africa Financial Network) EDF to Build Dunkirk LNG Terminal (Platts LNG Daily) [Subscription required] Spain Willing to Join Lithuania’s LNG Terminal Project (Baltic Course) LNG Hub in Cyprus Seems Most Likely (Financial...
Candidates in New Brunswick Oppose LNG Vessel Transits
Posted on Apr 18, 2011 in Canada & Mexico, Policy, Legislation and Politics, Vessel Transportation | Comments Off on Candidates in New Brunswick Oppose LNG Vessel Transits
All five candidates running for the national Parliament from the district of New Brunswick Southwest expressed their opposition to LNG vessels transiting Canadian waters of the Passamaquoddy Bay. The Daily Gleaner (New Brunswick, Canada) provides additional...