BP Trinidad & Tobago Explains Challenges Facing LNG Exporters
Posted on Jul 16, 2009 in Liquefaction | Comments Off on BP Trinidad & Tobago Explains Challenges Facing LNG Exporters
Robert Riley, chairman and CEO of BP Trinidad & Tobago, recently addressed the challenges facing traditional LNG exporters, including Trinidad & Tobago. Riley said that the LNG liquefaction operation in Trinidad is a “low margin business” due to increasing global LNG supply, declining natural gas prices, and Trinidad’s “relatively high” tax rate...
MARAD/USCG Announce Availability of FEIS for Port Dolphin LNG Proposed Offshore Florida
Posted on Jul 14, 2009 in Environmental, Federal Regulation, Regas Terminals & Capacity | Comments Off on MARAD/USCG Announce Availability of FEIS for Port Dolphin LNG Proposed Offshore Florida
On July 13, 2009, MARAD and the U.S Coast Guard published notice in the Federal Register of the availability of the Final Environmental Impact Statement (FEIS) for the Port Dolphin LNG Deepwater Port license application. The project proposes a deepwater port in the St. Petersburg block of the Outer Continental Shelf. The port would consist of a permanently moored unloading buoy...
Kitimat LNG Signs MOU with EOG Resources for Natural Gas Supplies
Posted on Jul 14, 2009 in Canada & Mexico, Liquefaction | Comments Off on Kitimat LNG Signs MOU with EOG Resources for Natural Gas Supplies
Kitimat LNG announced yesterday that the company has signed a Memorandum of Understanding (MOU) with its first natural gas supplier for the liquefaction project. According to Kitimat LNG’s press release, EOG Resources Canada has agreed to supply an unspecified amount of natural gas to the Kitimat LNG liquefaction facility. The Vancouver Sun offers additional...
Editorial Critical of Statement by Bradwood Landing LNG Representative
Posted on Jul 14, 2009 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Editorial Critical of Statement by Bradwood Landing LNG Representative
An editorial carried by the Daily Astorian yesterday criticized a comment made by an attorney for Bradwood Landing LNG during a public hearing convened by the Clatsop County Board of Commissioners. During the hearing, a lawyer for Bradwood Landing LNG reportedly told the commissioners that “you’re not here to apply the will of the...
Uncertain Future of Kenai LNG Facility Affects Local Utilities and Customers
Posted on Jul 13, 2009 in Liquefaction, State and Local Issues | Comments Off on Uncertain Future of Kenai LNG Facility Affects Local Utilities and Customers
An analysis published by the Alaska Journal of Commerce examines the uncertain future of the Kenai LNG liquefaction facility. The Kenai LNG terminal exports LNG to Japan and also serves as a back-up supplier of natural gas to local utilities. If facility owners and operators Marathon Oil and ConocoPhillips decide not to renew their LNG export license in 2011, the facility could still...