Suez, Goldman Sachs Reportedly Reach Deal on Trinidad LNG Cargo
Posted on Aug 15, 2007 in Markets and Competition | Comments Off on Suez, Goldman Sachs Reportedly Reach Deal on Trinidad LNG Cargo
World Gas Intelligence reports that French Suez is offering up to nine cargos of LNG from its Trinidad supply for purchase and delivery over the next year. According to WGI, Goldman Sachs has won the tender for the first cargo to be delivered in November and destined for Japan. Suez has these cargos available because Statoil’s Snohvit LNG supply project is set to come online...
Op-Ed: Broadwater LNG Terminal Not Consistent with States’ Interests
Posted on Aug 15, 2007 in Environmental, Federal Regulation, Regas Terminals & Capacity | Comments Off on Op-Ed: Broadwater LNG Terminal Not Consistent with States’ Interests
Leah Schmalz of the anti-Broadwater group Save the Sound offers an Op-Ed, carried by the Connecticut Post, stating that the Broadwater LNG regasification terminal proposed for Long Island Sound is not consistent with Connecticut and New York’s interests in pursuing environmentally-friendly and energy-efficient energy policies. She also notes that FERC ought to consider the size...
NorthernStar to Donate Annually to Community Development Organization
Posted on Aug 15, 2007 in Regas Terminals & Capacity, State and Local Issues | Comments Off on NorthernStar to Donate Annually to Community Development Organization
The Wahkiakum Community Foundation stated that it has received its second check for $100,000 from NorthernStar Natural Gas, the company developing the proposed Bradwood Landing LNG import facility. According to The Daily News (Longview, Wash.), NorthernStar has pledged to donate $100,000 annually to the Foundation and $500,000 annually if state and federal regulators approve its...
Excelerate CEO to Join Shell LNG Team
Posted on Aug 15, 2007 in Markets and Competition | Comments Off on Excelerate CEO to Join Shell LNG Team
Platts LNG Daily reports that Kathleen Eisbrenner, currently chief executive of Excelerate Energy, will join Royal Dutch Shell as the company’s executive vice president for global LNG operations. Eisbrenner led Excelerate’s bid to commercialize its proprietary Energy Bridge technology since the company formed in 2003. [Subscription...
NATS: EIA Prediction for 2007 LNG Imports May Be Too Low
Posted on Aug 14, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on NATS: EIA Prediction for 2007 LNG Imports May Be Too Low
In its LNG Week in Review, NATS opines that the recent EIA estimate of 850 Bcf of LNG imported into the United States in 2007 likely is too low. According to NATS, the U.S. terminals would need to regasify only about 2 Bcf/d for the rest of the year to reach that total, an average daily sendout lower than July’s average of 2.9 Bcf/d. NATS predicts that U.S. LNG imports will reach...