Atlantic LNG Chairman Narrowly Escapes Kidnapping
Posted on Sep 10, 2007 in Liquefaction | Comments Off on Atlantic LNG Chairman Narrowly Escapes Kidnapping
Trinidad and Tobago’s Newsday reports that Gordon Deane, chairman of Atlantic LNG, narrowly escaped from three men who attempted to abduct him from his home on Saturday. Deane injured his neck and shoulder when he jumped from a moving vehicle to...
Analysis: U.S. LNG Imports Could Rise by 40% in 2008
Posted on Sep 10, 2007 in Markets and Competition | Comments Off on Analysis: U.S. LNG Imports Could Rise by 40% in 2008
An analysis released by Tudor Pickering predicted that global LNG supplies will grow by 25% in 2008, spurring a 40% increase of LNG imports to the United States. However, a U.K.-based consultant disagreed with Tudor Pickering’s conclusion, stating that their report does not adequately account for start-up delays and lag time before projects meet their full output capacity. Platts...
Alaskan Gas Project Attracts International Interest
Posted on Sep 10, 2007 in Liquefaction, Pipelines | Comments Off on Alaskan Gas Project Attracts International Interest
The U.S. Federal Coordinator for the Alaskan Natural Gas Transportation Projects revealed last week that Spain’s Repsol YPF SA, BG Group, a Chinese company, TransCanada Corp. (TRP), the Alaskan Gasline Port Authority, and Mid-America Pipeline Co. have expressed interest in pipeline proposals to transport gas from fields in Alaska’s North Slope to a liquefaction facility,...
Sempra CFO: Costa Azul LNG Terminal Construction on Schedule
Posted on Sep 7, 2007 in Canada & Mexico, Financing, Regas Terminals & Capacity | Comments Off on Sempra CFO: Costa Azul LNG Terminal Construction on Schedule
Speaking at the Lehman Brothers CEO Energy/Power conference in New York City, Sempra Energy’s CFO Mark Snell told investors that the Engeria Costa Azul LNG regasification terminal is more than 80% complete and remains on schedule to begin operations in 2008. Platts LNG Daily reports that Snell believes that Costa Azul’s capacity to expand to 2.5 Bcf/d gives the project a...
LNG Tankers Present Complex Safety and Security Issues
Posted on Sep 7, 2007 in Safety & Security, Vessel Transportation | Comments Off on LNG Tankers Present Complex Safety and Security Issues
Mother Jones, an online and print publication, reports on the potential safety and security issues surrounding LNG tanker traffic, particularly the risks posed by vessels transiting near population centers. The article notes specifically the difficult task of preventing terrorist attacks on LNG...