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BP, ConocoPhillips, and TransCanada Discussing Export of LNG from Alaska’s North Slope

Late last week, officials with BP, ConocoPhillips, and TransCanada signaled interest in studying an LNG liquefaction and export project for natural gas from Alaska’s North Slope fields. The Vancouver Sun provides additional...

Gloucester Fishing Preservation Fund Distributes LNG Project Mitigation Funds to Southern Mass. Fishing Communities

The Gloucester Times reports that nearly $2 million in mitigation funding has been distributed from the Gloucester Fishing Community Preservation Fund to other fishing community development funds in southern Massachusetts. The distributed money was part of a $12 million fund to mitigate the local economic impacts from the Northeast Gateway and Neptune LNG deepwater...

European LNG Headlines

Gas From Northern Norway to Travel Through Northern Sea Route This Summer (Barents Observer)

Despite Market Challenges, Canaport LNG Maintains Utilization Rate Above Industry Average

CBC News reports that, although utilization rates are as low as 5% at other North American LNG import facilities, Canaport LNG is operating at approximately 30% of its capacity. An industry analyst noted that the facility’s utilization rate has been buoyed by a monthly LNG cargo delivery from...

Alaska Governor Says Meeting with Industry Officials on LNG Exports “Productive”

In a press statement following yesterday’s meeting with ExxonMobil, BP, and ConocoPhillips officials, Alaska Governor Sean Parnell (R) stressed the importance of commercializing the state’s North Slope natural gas by exporting it to Asia and he characterized the meeting with LNG industry officials as productive. Read more in...

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