British Columbian First Nation Expresses Concern with Proposed LNG Vessel Traffic
Posted on Apr 20, 2009 in Canada & Mexico, Pipelines | Comments Off on British Columbian First Nation Expresses Concern with Proposed LNG Vessel Traffic
A First Nation, the Git’gat band of Hartley Bay in British Columbia, has expressed concern with a recent agreement between a natural gas pipeline developer, the provincial government, and two of the other First Nations regarding the Pacific Trail Pipeline. A leader for the Git’gat band told the Canadian Press (carried via Lexis Nexis [subscription required]) that the...
Analysts: Increased LNG Imports Will Affect U.S. Natural Gas Production
Posted on Apr 20, 2009 in Markets and Competition | Comments Off on Analysts: Increased LNG Imports Will Affect U.S. Natural Gas Production
Analysts with Credit Suisse issued a report last Thursday which predicts that increased LNG imports to the United States could discourage domestic natural gas production in the short-term. According to Platts LNG Daily, the report also notes that the global LNG market could experience a significant upward price correction by 2011, which may lead to a subsequent decrease in US LNG...
Oregon House Committee Holds Hearing on LNG Measure
Posted on Apr 17, 2009 in Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Oregon House Committee Holds Hearing on LNG Measure
An Oregon House committee heard testimony yesterday regarding a proposal that would establish additional requirements for LNG projects developed in the state. The bill, HB 2015, would require, among other things, a finding by the Oregon Department of Energy that domestic natural gas supplies are insufficient and that LNG is needed to moderate gas prices. Oregon Public Broadcasting...
LNG Vessel Traffic Part of Discussion on New Brunswick-Maine Energy Corridor
Posted on Apr 17, 2009 in Canada & Mexico, Regas Terminals & Capacity, State and Local Issues | Comments Off on LNG Vessel Traffic Part of Discussion on New Brunswick-Maine Energy Corridor
The New Brunswick Business Journal provides coverage of ongoing discussions between the leaders of New Brunswick and Maine regarding a proposed energy corridor between the two regions. The piece indicates that some supporters of the proposed LNG terminals in Maine are urging Maine elected officials to condition any state approval of an electric transmission corridor through Maine on...
Industry Analysts: Stronger Dollar Could Attract LNG Cargos to U.S.
Posted on Apr 17, 2009 in Markets and Competition | Comments Off on Industry Analysts: Stronger Dollar Could Attract LNG Cargos to U.S.
Analysts with LCM Commodities released a report yesterday suggesting that a stronger U.S. Dollar could attract LNG cargos to import terminals in the United States this quarter. Platts LNG Daily provides additional information. [Subscription...