Gazprom Seeks Stakes in Canadian LNG Projects
Posted on May 25, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Gazprom Seeks Stakes in Canadian LNG Projects
Rabaska LNG is negotiating a deal to purchase LNG from Russian state-owned producer Gazprom and the agreement could allow Gazprom to obtain an ownership interest in Rabaska’s proposed LNG project near Quebec City. Gazprom is also in negotiations to supply LNG for Petro-Canada’s Gros-Cacouna LNG project. Despite these negotiations, one energy analyst expressed skepticism...
Suppliers and End-Users Criticize FERC Gas Quality Decision
Posted on May 24, 2007 in Federal Regulation, Pipelines | Comments Off on Suppliers and End-Users Criticize FERC Gas Quality Decision
NGI Daily Gas Price Index (carried via LexisNexis) reports that LNG suppliers and end-users are criticizing FERC’s recent decision regarding gas quality standards for Florida Gas Transmission’s pipeline. Suppliers claim that the gas quality standards will limit LNG imports, while certain end-users argue that FERC’s decision should have included mitigation for costs...
Mariners’ Unions Agree with each other on LNG Vessel Crews
Posted on May 24, 2007 in Safety & Security, Vessel Transportation | Comments Off on Mariners’ Unions Agree with each other on LNG Vessel Crews
The Australian AP (carried via Ararat news service) reports that the Seafarers’ International Union of North America (SIU) has signed a solidarity agreement with the Maritime Union of Australia (MUA), which calls for Australian and American crews on LNG carriers calling on U.S. ports. MUA’s national secretary said that they hope the agreement will encourage vessel...
LNG to Help Offset Decline in Canadian Gas Imports
Posted on May 24, 2007 in Markets and Competition | Comments Off on LNG to Help Offset Decline in Canadian Gas Imports
The Natural Gas Supply Association’s 2007 Summer Outlook predicts that increased LNG imports will help to offset diminishing Canadian gas supplies this summer. While Canadian imports are expected to decline approximately 1 Bcf/d from last year, LNG is predicted to provide 2 Bcf/d of supply. Platts LNG Daily provides further details. [Subscription...
Eastport Officials Express Concerns Regarding Quoddy Bay LNG Site to Governor, Congress
Posted on May 24, 2007 in Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Eastport Officials Express Concerns Regarding Quoddy Bay LNG Site to Governor, Congress
In letters to Maine’s governor and Congressional delegation, the City of Eastport, Maine, set forth its concerns about Quoddy Bay LNG’s LNG terminal project proposed for the shores of Passamaquoddy Bay. The city indicated that it does not oppose LNG generally but has concerns with Quoddy Bay’s project because its operations would disrupt life in the city. The city...