EIA: LNG Imports to United States Expected to Rise in 2007, 2008
Posted on Sep 12, 2007 in Markets and Competition | Comments Off on EIA: LNG Imports to United States Expected to Rise in 2007, 2008
Platts LNG Daily reports that the U.S. Energy Information Administration (EIA) predicts that LNG imports to the United States will climb by 47% in 2007 over 2006, and another 19% in 2008. However, the EIA also notes that LNG shipments to the United States will likely decline in the third and fourth quarters of 2007 due to increased global LNG demand before climbing again in 2008....
Editorial: Oregon Governor Must Engage the LNG Issue
Posted on Sep 12, 2007 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Editorial: Oregon Governor Must Engage the LNG Issue
In reaction to a favorable decision on NorthernStar Natural Gas’s Bradwood Landing LNG terminal proposal at the county level, an editorial in the Daily Astorian advocates “active engagement” by Governor Ted Kulongoski (D-Ore.) regarding LNG terminal siting. The editorial notes that the states of Washington, California, and Oregon have created unified policies on...
As LNG Market Globalizes, Overseas Developments Could Affect LNG Supplies to United States
Posted on Sep 12, 2007 in Markets and Competition | Comments Off on As LNG Market Globalizes, Overseas Developments Could Affect LNG Supplies to United States
Jim Duncan, market research director for ConocoPhillips, told attendees at the LDC Forum in Chicago that as more supplies move towards European markets and Japanese demand rises, fewer LNG shipments are likely to reach North America. According to Duncan, overseas developments ranging from European market fluctuations to storage constraints in South Korea will have an increasing impact...
AES Appeals CZMA Consistency Objection to Secretary of Commerce
Posted on Sep 12, 2007 in Environmental, Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on AES Appeals CZMA Consistency Objection to Secretary of Commerce
Sparrows Point developer AES has appealed to the U.S. Secretary of Commerce Maryland’s objection to the project’s federal consistency certification. Under the Coastal Zone Management Act, the Secretary may override the state’s objection if he finds the Sparrow’s Point terminal is consistent with the objectives of the CZMA or is necessary in the interest of...
NATS: As Summer Ends in the United States, LNG Imports Decline
Posted on Sep 11, 2007 in Markets and Competition | Comments Off on NATS: As Summer Ends in the United States, LNG Imports Decline
NATS’ LNG Week in Review [subscription required] reports that, as warm summer weather has abated across the United States, LNG import volumes have declined. NATS predicts that gas prices will favor European destinations for LNG until next...