LNG Traders Waiting for Winter Demand
Posted on Sep 18, 2006 in Markets and Competition, Regas Terminals & Capacity | Comments Off on LNG Traders Waiting for Winter Demand
Natural Gas Week last week reported that LNG traders are delaying cargo deliveries and turning to the spot market to take advantage of higher prices this winter. Royal Dutch Shell is holding a cargo off Finland, originally destined for India, now scheduled to be delivered to France’s Montoir terminal in November. U.S. Excelerate has five cargos at sea, two sitting in the Gulf...
Gazprom Actively Building Global Contacts
Posted on Sep 18, 2006 in Liquefaction, Markets and Competition | Comments Off on Gazprom Actively Building Global Contacts
Lloyd’s List today reports on Gazprom’s arrangement with BP to take an unspecified number of LNG cargoes between now and early 2007, and the potential relationships between Gazprom and Egyptian energy companies as well as the Itochu Corporation of Japan. [subscription...
Everett Terminal Participates in Drill
Posted on Sep 18, 2006 in Regas Terminals & Capacity, Safety & Security | Comments Off on Everett Terminal Participates in Drill
In an antiterrorism exercise conducted yesterday in Mass., U.S. Coast Guard cutters raced to secure the Distrigas LNG terminal in Everett as part of a staged response to a scenario involving evidence of a possible terrorist threat to the facility. Ultimately, first responders were faced with a mock explosion of a radioactive dirty bomb at the CambridgeSide Galleria and two unexploded...
Conn. LNG Storage Facility Progressing
Posted on Sep 18, 2006 in Storage | Comments Off on Conn. LNG Storage Facility Progressing
Chicago Bridge & Iron’s project manager for construction of the Yankee Gas Services LNG storage facility in Waterbury, CT, discusses the skilled labor in Waterbury and the area’s overall support for the project. The 1.2 Bcf peak shaving facility is scheduled to be operational by late 2007. The Republican American has details on the construction and commissioning...
An Interview with Golden Pass LNG’s New President
Posted on Sep 18, 2006 in Regas Terminals & Capacity, Safety & Security | Comments Off on An Interview with Golden Pass LNG’s New President
This weekend’s Beaumont Enterprise interviews Golden Pass LNG president John R. Plugge about the benefits of the project, including the use of dredged material to restore wetlands. Golden Pass will send out 2 Bcf/d, which Plugge says is 20% of Texas industry’s daily use. With regard to security, Plugge indicated that tankers delivering gas from Qatar to the terminal will...