LNG Shortage May Encourage Industry Focus on Coal
Posted on Apr 4, 2006 in Markets and Competition, Regas Terminals & Capacity | Comments Off on LNG Shortage May Encourage Industry Focus on Coal
The natural gas shortfall in the United States may prompt a reemergence of coal-fired power generation plants, according to John Strom, an industry analyst with Haddington Ventures. Strom said that high natural gas prices coupled with long delays in the development of LNG terminals may give coal an edge over gas. “Face it, $8, $9, $10 gas is going to provide a lot of...
Chevron Executive Discusses Shtokman Project With Russian Officials
Posted on Apr 4, 2006 in Liquefaction, Markets and Competition | Comments Off on Chevron Executive Discusses Shtokman Project With Russian Officials
Chevron CEO David O’Reilly yesterday met with Russian ministers to discuss the Shtokman gas field venture. Chevron is one of the finalists under consideration as a partner with Gazprom to develop the huge Russian gas field. LNG from Shtokman is expected to be imported to the U.S., and Chevron, along with the other finalists, have made capacity at regasification terminals in the...
Broadwater Files Comments Regarding Necessity of LNG Project and Gas Quality
Posted on Apr 4, 2006 in Environmental, Federal Regulation, Gas Composition, Regas Terminals & Capacity, Safety & Security | Comments Off on Broadwater Files Comments Regarding Necessity of LNG Project and Gas Quality
Broadwater Energy yesterday responded to assertions made by politicians and local activists that the company’s proposed LNG terminal is not necessary. In its reply comments, Broadwater said that the proposed Canadian projects are either stalled or will not likely meet New York and Connecticut’s rising consumer demands for energy. Also, while acknowledging the importance of...
Qatar Liquefaction Projects to Boost U.S. LNG Supply
Posted on Apr 3, 2006 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Qatar Liquefaction Projects to Boost U.S. LNG Supply
The Gulf Times today reports that construction has begun on liquefaction projects Qatargas 3 and Qatargas 4, with volumes targeting the United States. Supply from QG3, a project in which ConocoPhillips has a 30% stake, is expected to reach U.S. gas markets in 2009. LNG from QG4 is destined for the Elba Island LNG terminal through a long-term contract with Shell, which has a 30% share...
New Brunswick MP Opposes LNG Traffic in Canadian Waters
Posted on Apr 3, 2006 in Canada & Mexico, Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on New Brunswick MP Opposes LNG Traffic in Canadian Waters
Canadian Veteran Affairs Minister Greg Thompson says that Ottawa will not allow LNG tankers heading toward the three import terminals proposed for Passamaquoddy Bay in Main to transit Canadian waters, which the vessels would have to do in order to reach the proposed terminals. “We have stated that we will use every legal and diplomatic means to defend our position, which is...