Jamaica to Renew Negotiations for Trinidadian LNG
Posted on Sep 18, 2007 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Jamaica to Renew Negotiations for Trinidadian LNG
In an interview with the Trinidad Express, newly-elected Jamaican Prime Minister Bruce Golding said that he hopes to renew negotiations with Trinidad and Tobago for LNG supply. Jamaica previously signed an agreement to import 160 Mmcf/d of LNG from Venezuela when negotiations with Trinidad stalled in March...
Cheniere Energy Enters Short-Term Time Charter for LNG Vessel
Posted on Sep 18, 2007 in Regas Terminals & Capacity, Vessel Transportation | Comments Off on Cheniere Energy Enters Short-Term Time Charter for LNG Vessel
Cheniere Energy announced yesterday that it has entered a short-term time charter for the Galeomma, a 126,000 cubic meter LNG vessel. According to Cheniere’s press release, the vessel is expected to service Cheniere’s Sabine Pass LNG terminal when commissioning activities begin in February...
Analysts Issue 2008 Gas Price Forecasts
Posted on Sep 18, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Analysts Issue 2008 Gas Price Forecasts
Platts LNG Daily reports that a Raymond James and Associates analyst has lowered his 2008 U.S. gas price projection by $3/Mcf, while raising his projection for the fourth quarter of 2007 by $1/Mcf. The analyst based his downward revision for 2008 in part on expected above average gas storage volumes and a large increase in LNG imports through the summer of 2008. Separately, Platts also...
Recent Gas Pipeline Attacks in Mexico Prompt Concern Among Oregon Residents
Posted on Sep 17, 2007 in Pipelines, Safety & Security, State and Local Issues | Comments Off on Recent Gas Pipeline Attacks in Mexico Prompt Concern Among Oregon Residents
Following last week’s attacks on Mexican gas pipeline infrastructure, some local residents have expressed concern over a proposed gas pipeline connecting the proposed Oregon LNG terminal to an existing gas line. However, the Hillsboro Argus reports that Richard Little, director of the Keston Institute for Public Finance and Infrastructure Policy at the University of Southern...
NATO Secretary-General Envisions Role in LNG Security
Posted on Sep 17, 2007 in Safety & Security, Vessel Transportation | Comments Off on NATO Secretary-General Envisions Role in LNG Security
NATO Secretary-General Jaap de Hoop Scheffer envisions a role for the organization in protecting LNG vessels on the high seas according to Natural Gas Week (carried via Energy Intelligence [subscription required]. Secretary de Hoop Scheffer, speaking in London earlier this month, said, “could NATO, with its maritime fleets, add value, in times of crisis, to protect them?...