Sonar System to Protect Right Whales Off the Coast of Mass. Up and Running
Posted on May 8, 2008 in Environmental, Regas Terminals & Capacity, Technology | Comments Off on Sonar System to Protect Right Whales Off the Coast of Mass. Up and Running
MIT’s Technology Review offers analysis of the sonar buoys designed to limit ship strikes of endangered right whales off the coast of Massachusetts. The buoy system was installed with funding from Excelerate Energy as part of the permitting process for the company’s Northeast Gateway LNG deepwater...
NATS: U.S. Natural Gas Prices Approaching European Levels
Posted on May 8, 2008 in Markets and Competition | Comments Off on NATS: U.S. Natural Gas Prices Approaching European Levels
NATS reports in its LNG Week in Review that preliminary data indicates that U.S. natural gas prices rose during this week, narrowing the spread between U.S. and U.K./Northern European prices. [Subscription...
Editorial Encourages Opposition To Proposed Weaver’s Cove LNG Terminal
Posted on May 8, 2008 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Editorial Encourages Opposition To Proposed Weaver’s Cove LNG Terminal
The Jamestown Press (R.I.) carries an editorial today that discusses environmental and safety concerns related to LNG, and encourages readers to oppose the Weaver’s Cove LNG project proposed for Fall River,...
Analyst Report: Low U.S. LNG Imports Could Lead to Supply Crunch During Heating Season
Posted on May 8, 2008 in Markets and Competition | Comments Off on Analyst Report: Low U.S. LNG Imports Could Lead to Supply Crunch During Heating Season
A report issued by Goldman Sachs suggests that if U.S. LNG imports remain at their current low levels, the United States may experience a natural gas supply crunch during the upcoming winter heating season. The report notes that U.S. gas supplies could be pressured if the 2008 winter is as severe as the 2007 winter. CNBC.com carries the...
EIA Revises 2008 U.S. LNG Import Forecast Downward
Posted on May 7, 2008 in Markets and Competition | Comments Off on EIA Revises 2008 U.S. LNG Import Forecast Downward
In its Short-Term Energy Outlook released yesterday, the Energy Information Administration adjusted its previous forecast for U.S. LNG imports in 2008 from 680 Bcf to 580 Bcf. The EIA cited continued high prices in Asia and Europe compared with price levels in North America, and recent delays in liquefaction operations as reasons for the decreased LNG import...