Chesapeake Executive Says Shale Gas Can Provide Enough Supply for U.S. LNG Exports; Societe Generale Analyst Questions Timeline and Cost for U.S. Export Projects
Posted on May 26, 2011 in Financing, LNG Exports, Markets and Competition | Comments Off on Chesapeake Executive Says Shale Gas Can Provide Enough Supply for U.S. LNG Exports; Societe Generale Analyst Questions Timeline and Cost for U.S. Export Projects
Speaking yesterday at an event in San Antonio, Texas, Bill Wince of Chesapeake Energy said that his company believes strongly that American shale gas plays offer enough gas supplies to support LNG exports from the United States. Platts LNG Daily [subscription required] provides additional coverage. Separately, an industry analyst with Societe Generale issued a research note questioning...
El Paso CEO Raises Doubts on U.S. LNG Exports
Posted on May 25, 2011 in LNG Exports, Markets and Competition | Comments Off on El Paso CEO Raises Doubts on U.S. LNG Exports
Speaking yesterday to Houston Business Journal, El Paso Corp. CEO Doug Foshee said in response to a reporter’s question on the topic of U.S. LNG exports that “[w]e’re not a big believer that you’ll see exports of LNG from the [U.S.] Gulf...
Report: U.S. LNG Exports Expected to Compete with Australian Exports After 2015
Posted on May 24, 2011 in LNG Exports, Markets and Competition | Comments Off on Report: U.S. LNG Exports Expected to Compete with Australian Exports After 2015
According to The Australian, several energy analysts predict that after 2015 the United States will become a significant competitor to Australia with regard to LNG exports. Despite substantial exporting of U.S. shale gas as LNG in the coming decade, the analysts expect that Australia will remain the main supplier of LNG to Asian...
Lithuanian Official Weighs in on Conditional Authorization of Cheniere LNG Exports
Posted on May 24, 2011 in LNG Exports, Markets and Competition | Comments Off on Lithuanian Official Weighs in on Conditional Authorization of Cheniere LNG Exports
Following last week’s conditional authorization of LNG exports from the Sabine Pass terminal, Lithuania’s Deputy Foreign Minister Egidijus Meilunas discussed the implications of the export project with the U.S. State Department this week. He noted that U.S. LNG exports could help lower Lithuanian natural gas prices. Read more in The Baltic...
Cheniere Share Price Increases Following Conditional Approval of LNG Exports
Posted on May 24, 2011 in Financing, LNG Exports | Comments Off on Cheniere Share Price Increases Following Conditional Approval of LNG Exports
BusinessWeek reports that the price of Cheniere stock rose significantly following the U.S. Department of Energy’s conditional approval of Cheniere’s application to export U.S. natural gas as LNG via the Sabine Pass terminal. Shares in Cheniere Energy Inc. rose 17 percent after the approval was announced last...