European LNG Headlines
Posted on Nov 13, 2009 in Liquefaction | Comments Off on European LNG Headlines
Statoil Sees Snoehvit LNG Restart Soon (Reuters)
Repsol Reports Canaport LNG Received Majority of LNG Investment
Posted on Nov 12, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Repsol Reports Canaport LNG Received Majority of LNG Investment
Repsol reported this week that the Canaport LNG terminal, now operating in St. John, New Brunswick, received the majority of its 103 million euro LNG investment in the first three quarters of 2009. Upstream Online [subscription required] also reports that Repsol’s income from its LNG business was down over 55% from the same period in...
Jamaican Parliament Expected to Consider LNG Policy Soon
Posted on Nov 12, 2009 in Markets and Competition, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Jamaican Parliament Expected to Consider LNG Policy Soon
The Jamaica Gleaner reports that the Jamaican Parliament is expected to consider an energy policy that includes LNG soon. The director general of the Office of Utilities Regulation told the Gleaner that the Cabinet has approved the...
Hess LNG CEO: Investment in Crown Landing Project a “Very Long-Term Play”
Posted on Nov 12, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Hess LNG CEO: Investment in Crown Landing Project a “Very Long-Term Play”
Noting weak natural gas prices in the U.S. market and diminished import activity at U.S. LNG terminals, Hess LNG CEO Gordon Shearer told Dow Jones (via the Wall Street Journal [subscription required]) that his company’s recent acquisition of the Crown Landing LNG terminal project is a “very long-term play, a long-term investment, and it’s going to take a while to...
Energy Minister Says Algeria Has Suspended LNG Exports to United States
Posted on Nov 12, 2009 in Markets and Competition | Comments Off on Energy Minister Says Algeria Has Suspended LNG Exports to United States
KUNA, the Kuwait News Agency, reports that Algerian Energy Minister Chakib Khelil announced today that his country has stopped exporting LNG to the United States. Minister Khelil did not provide reasons for the...