Japan Encourages U.S. Secretary of Energy to Approve LNG Export Applications
Posted on Sep 15, 2011 in LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on Japan Encourages U.S. Secretary of Energy to Approve LNG Export Applications
Platts LNG Daily [subscription required] reports that Japanese officials who met with U.S. Secretary of Energy Steven Chu this week encouraged the U.S. government to approve pending LNG export applications, expressing Japan’s desire to import LNG from the United States. A source with the Japanese government told Platts that Japan secured “certain understandings” from Secretary...
European LNG Headlines
Posted on Sep 15, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Netherlands Gas Trade Beats Peers as LNG Arrives (Bloomberg)
Deloitte Study Suggests U.S. LNG Imports May Increase in Coming Years
Posted on Sep 15, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Deloitte Study Suggests U.S. LNG Imports May Increase in Coming Years
A study released by Deloitte this week suggests that U.S. LNG imports may rise in the coming years, particularly if the cost of producing domestic shale gas reserves does not continue to decline due to technological advancements. Platts provides additional...
Cheniere Offers Shares to Raise Capital for LNG Liquefaction Project
Posted on Sep 15, 2011 in Financing, LNG Exports | Comments Off on Cheniere Offers Shares to Raise Capital for LNG Liquefaction Project
Cheniere Energy Partners will offer $60 million in shares for the development of its planned LNG liquefaction project at the Sabine Pass terminal, as well as other general business purposes. Upstream Online provides further...
Vopak and Enagas Complete Purchase of Altamira LNG Terminal
Posted on Sep 14, 2011 in Canada & Mexico, Regas Terminals & Capacity | Comments Off on Vopak and Enagas Complete Purchase of Altamira LNG Terminal
Royal Vopak and Enagas announced today that they have completed their purchase of Mexico’s Altamira LNG terminal from owners Shell, Total, and Mitsui for a total price of $408 million. The new owners’ joint venture will assume operational management of the terminal immediately. Reuters provides further...