Editorial Endorses TransCanada Pipeline Over North Slope LNG Project
Posted on May 30, 2008 in Liquefaction, Pipelines, State and Local Issues | Comments Off on Editorial Endorses TransCanada Pipeline Over North Slope LNG Project
An editorial carried in today’s Anchorage Daily News (Alaska) endorses the decision by Gov. Sarah Palin (R-Alaska) to favor the TransCanada’s natural gas pipeline project over a proposal to export gas from the North Slope as...
Citing LNG Potential, Economist Predicts New Brunswick to Lead Canada in Export Growth
Posted on May 30, 2008 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Citing LNG Potential, Economist Predicts New Brunswick to Lead Canada in Export Growth
Peter Hall, deputy chief economist for Export Development Canada, said that he expects New Brunswick to experience a 20% growth in exports in 2009. Hall specifically noted that the Canaport LNG project will account for much of the province’s likely export growth. The New Brunswick Business Journal provides additional...
Atlantic LNG Train 4 Operating at Nearly Full Capacity
Posted on May 30, 2008 in Liquefaction | Comments Off on Atlantic LNG Train 4 Operating at Nearly Full Capacity
Platts LNG Daily [subscription required], citing an anonymous source, reports that the Train 4 liquefaction works of Trinidad & Tobago’s Atlantic LNG facility operated at 97% of full capacity last month. According to Platts, the source said that Train 4 had experienced technical problems related to increasing liquefaction capacity and was operating at approximately 70% of...
Analysis: As U.S. LNG Imports Decline, Cheniere Faces Difficult Financial Situation
Posted on May 30, 2008 in Financing, Regas Terminals & Capacity | Comments Off on Analysis: As U.S. LNG Imports Decline, Cheniere Faces Difficult Financial Situation
An analysis carried by the Houston Chronicle examines the challenging financial situation facing Cheniere Energy. The piece notes that Cheniere is considering options that include selling the company or selling the Sabine Pass LNG regasification...
TransCanada CEO Says Gros Cacouna LNG Project Remains Viable
Posted on May 29, 2008 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on TransCanada CEO Says Gros Cacouna LNG Project Remains Viable
Speaking yesterday at the Canadian Club of Montreal, TransCanada Corp. CEO Hal Kvisle said that the Gros Cacouna LNG import project remains viable. However, Kvisle noted that construction and materials costs have increased, prompting the company to re-evaluate the project. According to the Montreal Gazette, Kvisle said that TransCanada is talking to major gas suppliers, including...