Report: Indian Government Committee Says U.S. LNG Supplies Cheaper and Stable Compared to Other Supply Options
Posted on Jan 12, 2012 in LNG Exports, Markets and Competition | Comments Off on Report: Indian Government Committee Says U.S. LNG Supplies Cheaper and Stable Compared to Other Supply Options
The Hindu reports that the Empowered Group, an Indian government committee, has concluded that U.S. LNG supplies are cheaper and stable compared to other potential supply options. According to the news report, the committee approved the purchase by GAIL India of two million metric tons of LNG per year for twenty years from Macquarie Energy via the Freeport LNG...
Op-Ed: U.S. LNG Exports May Have Trouble Competing in Expanding Global Gas Market
Posted on Jan 12, 2012 in LNG Exports, Markets and Competition | Comments Off on Op-Ed: U.S. LNG Exports May Have Trouble Competing in Expanding Global Gas Market
Noting that global natural gas supplies are growing as shale gas plays become more accessible, an op-ed carried by Reuters suggests that LNG exports from the United States may have trouble competing economically with other gas supply sources around the...
FERC Allows Excelerate Energy to Use Agency’s Pre-Filing Process for Aguirre GasPort Project
Posted on Jan 12, 2012 in Federal Regulation, Regas Terminals & Capacity | Comments Off on FERC Allows Excelerate Energy to Use Agency’s Pre-Filing Process for Aguirre GasPort Project
Yesterday FERC approved Excelerate Energy’s request to use the Commission’s pre-filing process for the planned Aguirre GasPort LNG import project. FERC’s decision is available in the eLibrary under Docket No....
European LNG Headlines
Posted on Jan 12, 2012 in Regas Terminals & Capacity | Comments Off on European LNG Headlines
Iberdrola Unloads Its First LNG Cargo at Bilbao Regasification Terminal in Spain (Energy Business Review)
Some U.S. Companies Raise Concerns About U.S. LNG Export Volumes
Posted on Jan 11, 2012 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on Some U.S. Companies Raise Concerns About U.S. LNG Export Volumes
The Financial Times reports that several U.S. companies, including Alcoa and members of the Industrial Energy Consumers of America (IECA), have voiced concerns regarding the possible effect U.S. LNG exports will have on domestic natural gas prices. IECA noted that the group is not opposed to natural gas exports, but that it wants the U.S. Department of Energy to conduct a...