European LNG Headlines
Posted on Nov 18, 2011 in Liquefaction | Comments Off on European LNG Headlines
Cyprus LNG Plant Would Take Decade, Says Gas Expert (Cyprus Mail)
British Columbia Chamber of Commerce Poll Finds Majority of Business Community Support LNG Project Development in the Province
Posted on Nov 18, 2011 in Canada & Mexico, LNG Exports, State and Local Issues | Comments Off on British Columbia Chamber of Commerce Poll Finds Majority of Business Community Support LNG Project Development in the Province
The Vancouver Sun reports that 57% of the British Columbia business community would like to see the province become a global leader in the LNG sector, according to a poll conducted for the British Columbia Chamber of Commerce. Discussing the results of the survey, John Winter, president of the group, said that additional efforts to educate the business community about the advantages of...
Sonangol Says Angola LNG Supply Will Not Be Locked Into U.S. Market
Posted on Nov 17, 2011 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Sonangol Says Angola LNG Supply Will Not Be Locked Into U.S. Market
A representative for Sonangol told an industry conference this week that the Angola LNG partners are establishing a new UK-based marketing company to prevent delivering supply from the Angola LNG project to the Gulf LNG regasification facility in the United States. According to Platts LNG Daily [subscription required], Sonangol, Chevron, Eni, BP, and Total will have equity positions in...
Petronet, Exxon Considering U.S. LNG Export Options
Posted on Nov 17, 2011 in Financing, LNG Exports, Markets and Competition | Comments Off on Petronet, Exxon Considering U.S. LNG Export Options
A managing director with Petronet LNG told Bloomberg that his company is considering securing minority stakes in the Freeport and Cove Point LNG export projects for “better pricing power and assurance of supply.” Petronet also is in discussions with Cheniere Energy for a stake in the Sabine Pass LNG export project. Separately, an official with ExxonMobil said that his...
Goldman Sachs: U.S. LNG Export Policy May Become Key Driver in Domestic Natural Gas Market
Posted on Nov 17, 2011 in E&P, Environmental, Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on Goldman Sachs: U.S. LNG Export Policy May Become Key Driver in Domestic Natural Gas Market
A banker with Goldman Sachs told an industry conference in Toronto this week that he expects political risks, including those associated with LNG export policy, environmental regulations for power plants, and hydraulic fracturing, to overtake traditional supply and demand as the key drivers in the U.S. natural gas market for the next few years. Platts LNG Daily provides additional...