Shell Executives Discuss Costa Azul Supply Arrangements
Posted on Sep 15, 2006 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Shell Executives Discuss Costa Azul Supply Arrangements
The San Diego Union-Tribune offers details regarding supply arrangements at the Energia Costa Azul LNG terminal in Baja California, Mexico. Shell’s first LNG shipments from Russia are slated to reach the facility by the third quarter of 2008, more than half of which will target U.S.-based power plants, Shell Oil representatives said yesterday. The facility is being constructed by...
Sempra and ProLiance Subsidiaries Purchase Natural Gas Storage
Posted on Sep 15, 2006 in Markets and Competition, Storage | Comments Off on Sempra and ProLiance Subsidiaries Purchase Natural Gas Storage
Subsidiaries of Sempra Energy and ProLiance Energy jointly have purchased from Dominion three salt caverns in Louisiana having between 10 and 12 Bcf of natural gas storage capacity. “This area in Louisiana is strategically located to capture natural gas storage opportunities as natural gas infrastructure continues to be added in the Gulf Coast region,” said George...
Opening Bids for New Brightman Bridge Delayed
Posted on Sep 15, 2006 in Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on Opening Bids for New Brightman Bridge Delayed
The Herald News reports on chronic delays in the opening of bids for the construction of a new bridge to replace the deteriorating old Brightman Street Bridge. The postponement is “significant” for opponents of the Weaver’s Cove LNG terminal, who want to preserve the old Brightman Street Bridge as a way to stop the project, according to Southeastern Regional Planning...
Maritimes & Northeast Terminates Bear Head LNG Transportation Contracts
Posted on Sep 15, 2006 in Canada & Mexico, Markets and Competition, Pipelines, Regas Terminals & Capacity | Comments Off on Maritimes & Northeast Terminates Bear Head LNG Transportation Contracts
In a Sept. 13 filing with the Securities and Exchange Commission, Anadarko announced that Maritimes & Northeast Pipeline has terminated delivery arrangements that would allow Anadarko to ship up to 813,000 Mcf/d of natural gas from the proposed Bear Head LNG terminal in Nova Scotia to the U.S. Northeast. According to yesterday’s Platts LNG Daily, the pipeline sent a letter to...
Global Competition Impedes Growth of U.S. LNG Industry
Posted on Sep 15, 2006 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Global Competition Impedes Growth of U.S. LNG Industry
Increasing global competition for LNG is hindering the development of a robust U.S. LNG industry, according to a speaker at the Interchange Energy Group’s LDC Forum in Chicago held this week. “Molecules flow to dollars,” James W. Duncan, director of Structured Products for ConocoPhillips Gas & Power said, referring to Spain’s high natural gas prices that...