Report Suggests that Global LNG “Undersupply” May Affect North American Gas Markets
Posted on Feb 7, 2008 in Markets and Competition | Comments Off on Report Suggests that Global LNG “Undersupply” May Affect North American Gas Markets
Citing delays at several liquefaction projects worldwide and increasing demand in Europe and Asia, a report released by FirstEnergy Capital suggests that global LNG supply levels may increase the price of natural gas in North America. However, the report notes that several factors, including weather and the U.S. economy, also could affect the gas market. The Canadian Press (carried via...
Opponents of Proposed Oregon LNG Terminals Hold Rally
Posted on Feb 7, 2008 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Opponents of Proposed Oregon LNG Terminals Hold Rally
The Oregonian reports that opponents of the three LNG projects proposed for Oregon held a rally yesterday in Salem, Ore., to publicly oppose the terminals, which include Jordan Cove LNG, Bradwood Landing LNG, and Oregon LNG. In addition to local residents, two candidates for U.S. Senate also attended the...
Coalition Questions Need for LNG in California
Posted on Feb 7, 2008 in Environmental, Regas Terminals & Capacity, State and Local Issues | Comments Off on Coalition Questions Need for LNG in California
Ratepayers for Affordable Clean Energy and other environmental groups filed comments with the California Public Utilities Commission (CPUC) questioning the need for LNG imports to California. RACE asserted that LNG imports to the state are unnecessary due to plentiful U.S. domestic natural gas supplies and relatively static demand. The group also noted that the greenhouse gas...
Britain’s Duke of York Tours Lake Charles LNG Facilities
Posted on Feb 7, 2008 in Regas Terminals & Capacity | Comments Off on Britain’s Duke of York Tours Lake Charles LNG Facilities
Prince Andrew, now known as the Duke of York and serving as the United Kingdom’s representative for international business and trade, toured the Lake Charles LNG regasification terminal yesterday. BG Group coordinated the visit. The British firm is responsible for over 50% of LNG imports to the United States and holds 100% of the import capacity at Lake Charles LNG. KPLC News...
Oregon Officials Take Positions on LNG Projects
Posted on Feb 6, 2008 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Oregon Officials Take Positions on LNG Projects
The Hillsboro Argus offers details on the positions that several Oregon elected officials have recently taken regarding LNG terminals and gas pipelines proposed for the state. The piece notes that Gov. Ted Kulongoski (D-Ore.) has previously offered his general support for LNG as a bridge fuel during the development of renewable energy...