Study Suggests Shale Gas Production May Limit U.S. LNG Imports
Posted on Jul 21, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Study Suggests Shale Gas Production May Limit U.S. LNG Imports
A study released this week by the Baker Institute for Public Policy at Rice University predicts that production from U.S. shale gas plays may limit the need for LNG imports to the United States for the next 20-30 years. The study goes on to suggest that the LNG that would have been sent to the United States may now be available to Europe, potentially reducing Europe’s dependence...
NOAA Issues Proposed Authorization for Limited Impacts on Marine Mammals at Northeast Gateway LNG Deepwater Port
Posted on Jul 21, 2011 in Environmental, Federal Regulation, Regas Terminals & Capacity | Comments Off on NOAA Issues Proposed Authorization for Limited Impacts on Marine Mammals at Northeast Gateway LNG Deepwater Port
In today’s Federal Register, NOAA released a proposed incidental harassment authorization and request for comments. The authorization would permit limited impacts on marine mammals incidental to operations at the Northeast Gateway LNG deepwater port. Comments from interested parties are due by August 22,...
European LNG Headlines
Posted on Jul 21, 2011 in Vessel Transportation | Comments Off on European LNG Headlines
EU Shipping Rules Pushing Fleets to Natural Gas (Globe and Mail)
Canadian Minister Expects Approval of Kitimat LNG Export License in Fall of This Year
Posted on Jul 21, 2011 in Canada & Mexico, LNG Exports | Comments Off on Canadian Minister Expects Approval of Kitimat LNG Export License in Fall of This Year
Speaking to Platts LNG Daily [subscription required] in Alberta, Canada’s Natural Resources Minister Joe Oliver said that he expects the National Energy Board to approve the 20-year LNG export license sought by Kitimat LNG this upcoming fall. Minister Oliver noted that this license would be the first for exporting natural gas to a market outside the United...
Southern Union Accepts Energy Transfer Equity’s Revised Bid to Purchase Company
Posted on Jul 20, 2011 in Financing, Regas Terminals & Capacity | Comments Off on Southern Union Accepts Energy Transfer Equity’s Revised Bid to Purchase Company
Yesterday, Energy Transfer Equity, L.P. (ETE) announced that Southern Union Company accepted ETE’s revised bid to buy the company. According to an ETE media release, the deal will be worth a total of $9.4 billion, including $5.7 billion in cash. Southern Union owns the Trunkline LNG import facility in Lake Charles,...