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Analyst: U.S. LNG Exports Need $100/Barrel Oil to be Profitable

Tom Driscoll, an energy analyst with Barclay’s Capital, told Platts LNG Daily that he believes that in order for exports of U.S. LNG transported to and sold in Asia to be profitable, the global oil price would have to be at least $100 per barrel, noting that Japanese LNG prices are linked to the price of oil. [Subscription...

Op-Ed: CLNG Responds to Erroneous Claim Regarding LNG Transport

Bill Cooper, president of the Center for LNG (CLNG), responds in the Houston Chronicle to a representative of a marine security firm who made an erroneous claim about the potential risks associated with the transportation of...

FERC Announces Intent to Prepare EA for Sabine Pass LNG’s Re-Export Project

FERC announced Friday that it plans to prepare an Environmental Assessment (EA) for the LNG re-export project proposed by Sabine Pass LNG. FERC’s announcement is available in its eLibrary under Docket No....

Analysis: Increased LNG Imports Could Cause U.S. Natural Gas Prices to Decline in 2009

An analysis released by Waterborne Energy hypothesizes that increased LNG imports to the United States, triggered by tight credit markets that are reducing global demand, may increase U.S. gas supplies and create a downward pressure on U.S. natural gas prices in 2009. Brison Bickerton, an analyst with RBS Sempra, told Reuters (available via LexisNexis) that if U.S. LNG imports...

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