BP T&T Urges Restraint in Pursuing Gas Projects
Posted on Dec 7, 2007 in E&P, Liquefaction | Comments Off on BP T&T Urges Restraint in Pursuing Gas Projects
Robert Riley, chairman and chief executive of BP Trinidad and Tobago, told the Jamaica Gleaner that depleting reserves suggest that Trinidad ought to “exercise restraint because we cannot allow growth to so drive us that we get so far ahead of exploration potential that we have projects but no gas.” Riley went on to say that “Trinidad has neither stranded gas nor...
Canadian Firm Contemplates LNG Projects for Far North
Posted on Nov 29, 2007 in E&P, Liquefaction | Comments Off on Canadian Firm Contemplates LNG Projects for Far North
Reuters reports that Petro-Canada is contemplating transporting natural gas in northern reserves to market via LNG vessels. Speaking to a company-sponsored conference, Petro-Canada chief executive Ron Brenneman said that the company has “formed a small team to start looking at the feasibility of [northern liquefied natural gas projects].” However, Brenneman noted that...
Trinidad’s Mango Gas Field Begins Production
Posted on Nov 19, 2007 in E&P, Liquefaction | Comments Off on Trinidad’s Mango Gas Field Begins Production
BP announced today that it has begun production from its Mango gas field in Trinidad and Tobago. Mango is connected to the Atlantic LNG liquefaction plant and will deliver 750 Mmcf for export and domestic use. Marketwatch offers additional...
Report Advocates Opening Federal Lands to Oil and Gas Exploration
Posted on Nov 16, 2007 in E&P, Markets and Competition | Comments Off on Report Advocates Opening Federal Lands to Oil and Gas Exploration
A report issued by the Baker Institute for Public Policy at Rice University advocates opening federal lands to oil and gas exploration to avoid U.S. dependence on foreign natural gas supplies and to prevent the creation of an international gas-production cartel similar to OPEC. One of the report’s co-authors, Kenneth Medlock, reiterated this point to the Houston Chronicle, saying...
Local Official Encourages Gas Exploration Near Kenai Peninsula
Posted on Nov 15, 2007 in E&P, Liquefaction, State and Local Issues | Comments Off on Local Official Encourages Gas Exploration Near Kenai Peninsula
According to the Homer News, Kenai Peninsula Borough Mayor John Williams told attendees at the 28th Annual Conference of the Resource Development Council in Anchorage, Alaska, that the region’s current reserves might be depleted within 14 years, assuming the U.S. Department of Energy allows the Nikiski LNG plant to continue exporting natural gas. Supporting the LNG...
Company Prefers Valdez LNG Port to Alaska-Canada Gas Pipeline
Posted on Nov 12, 2007 in E&P, Liquefaction, Pipelines | Comments Off on Company Prefers Valdez LNG Port to Alaska-Canada Gas Pipeline
The Alaska Gasline Port Authority plans to submit a proposal to build a natural gas pipeline from fields on Alaska’s North Slope for export by LNG at the port of Valdez. This proposal is one of many outlined by the Anchorage Daily News as discussions continue regarding the potential of transporting Alaskan gas to markets throughout North...