BP Official Discusses Economic Considerations of U.S. LNG Exports
Posted on Sep 8, 2011 in LNG Exports, Markets and Competition | Comments Off on BP Official Discusses Economic Considerations of U.S. LNG Exports
At a conference in Australia this week, Benjamin Kloss of BP discussed several economic considerations of U.S. LNG export projects, including natural gas supply markets, spot versus long-term supply arrangements, and market arbitrage potential. International Oil Daily offers additional...
Manzanillo LNG Terminal Commencement of Operations Delayed
Posted on Sep 7, 2011 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Manzanillo LNG Terminal Commencement of Operations Delayed
Argus reports that the start-up of the Manzanillo LNG import terminal in Mexico has been delayed due to unfinished dredging and other construction work. The first LNG cargo is expected to arrive at the terminal in early...
Company Spokesperson Offers Update on Port Dolphin LNG Deepwater Port Project
Posted on Sep 7, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Company Spokesperson Offers Update on Port Dolphin LNG Deepwater Port Project
A company spokesperson offered an update on the Port Dolphin LNG deepwater port project, saying that the company continues to consider accepting U.S.-sourced LNG from liquefaction terminals in the Gulf of Mexico. An energy analyst noted to World Gas Intelligence [subscription required] that “[i]f Port Dolphin is not using U.S.-based LNG, it’s a pretty tough...
European LNG Headlines
Posted on Sep 6, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Chevron Takes Capacity at U.K. South Hook LNG Terminal (Reuters) First U.K. Offshore LNG Terminal, Port Meridian, Faces Year Delay (Reuters)
Dominion Cove Point Submits LNG Export Application to DOE
Posted on Sep 6, 2011 in Federal Regulation, LNG Exports, Regas Terminals & Capacity | Comments Off on Dominion Cove Point Submits LNG Export Application to DOE
According to MarketWatch, Dominion Cove Point has submitted an application to the U.S. Department of Energy (DOE) to export up to 1Bcf/d of U.S. domestic natural gas as LNG to countries with which the United States has entered or will enter into free trade agreements. The application contemplates an export authorization term of 25 years. In addition, Dominion Cove Point also requested...