Jamaica’s Energy Minister Says Government “Committed” to LNG Project
Posted on Feb 15, 2012 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Jamaica’s Energy Minister Says Government “Committed” to LNG Project
The Caribbean Journal reports that Jamaican Energy Minister Phillip Paulwell said that the country’s government remains “committed to implementing the LNG project,” noting both economic and environmental benefits from the project. Minister Paulwell also said that the LNG-powered electricity plants should be operational by...
European LNG Headlines
Posted on Feb 15, 2012 in Regas Terminals & Capacity | Comments Off on European LNG Headlines
Italy’s OLT LNG Terminal Delayed Again (World Gas Intelligence) [Subscription required]
Congressman Proposes Legislation to Limit LNG Exports
Posted on Feb 15, 2012 in LNG Exports, Policy, Legislation and Politics, Trade Restrictions | Comments Off on Congressman Proposes Legislation to Limit LNG Exports
Congressman Ed Markey (D-Mass.) introduced two bills yesterday that would limit LNG exports from the United States. The first would require that any natural gas produced from federal lands would have to be sold to domestic consumers. The second would prohibit FERC, until the year 2025, both from approving applications to site, construct, expand, or operate an LNG terminal to export LNG...
Analysis: Global LNG Suppliers Planning for Possible U.S. LNG Exports
Posted on Feb 15, 2012 in LNG Exports, Markets and Competition | Comments Off on Analysis: Global LNG Suppliers Planning for Possible U.S. LNG Exports
An analysis carried in World Gas Intelligence reports that some LNG suppliers around the world, particularly in Qatar, may re-evaluate their price models for LNG sales to Asian consumers if the United States begins to export LNG to Asia. Specifically, the piece suggests that the LNG suppliers are planning for price structures less strongly linked to the Japanese crude oil index used...
S&P Raises Cheniere’s Credit Rating
Posted on Feb 14, 2012 in Financing | Comments Off on S&P Raises Cheniere’s Credit Rating
Last week, Standard & Poor’s raised its credit rating for Cheniere Energy to “B-” and the rating of Cheniere’s subsidiary Sabine Pass Liquefaction, LLC to “BB-.” S&P also called the outlook for Cheniere “positive.” Reuters provides additional...