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Op Ed: Alaskan LNG Plant Helps Keep Local Gas Supplies Even

An Op Ed carried by the Anchorage Daily News argues that the Kenai liquefaction plant is an indispensable part of Alaska’s long-term energy strategy because it serves as both as a year-round gas customer, allowing more gas fields to stay open, and as a back-up storage facility that can divert gas to residents during an...

NATS: LNG Market Faces Global Volatility

NATS LNG Week in Review reports that the global LNG market is facing a great deal of volatility due to several factors, ranging from late-summer weather that could disrupt North American supplies, to a payment dispute between Belarus and Gazprom threatening to shut off supplies. NATS further notes that market-wide uncertainty spilling over from the housing market could affect the...

Midwest Utility May Join Global LNG Market

Platts LNG Daily reported Friday that Michigan utility DTE Energy hopes to participate in the global LNG market and may pursue long-term supply contracts and seek opportunities for arbitrage. DTE vice president Mark Stiers told Platts that he believes state regulators would support DTE’s LNG plans as an extension of its involvement in domestic natural gas markets. [Subscription...

FERC Releases Final Environmental Impact Statement for Elba Island LNG Expansion

FERC released the Final Environmental Impact Statement for El Paso Corp.’s Elba Island expansion project Friday. The report concludes that minimal harm to the surrounding environment would be caused by nearly doubling the size of the facility. Construction is scheduled to be completed in two phases, with the first phase complete as early as January 2010 and the second completed...

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