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Chesapeake Executive Says Shale Gas Can Provide Enough Supply for U.S. LNG Exports; Societe Generale Analyst Questions Timeline and Cost for U.S. Export Projects

Speaking yesterday at an event in San Antonio, Texas, Bill Wince of Chesapeake Energy said that his company believes strongly that American shale gas plays offer enough gas supplies to support LNG exports from the United States. Platts LNG Daily [subscription required] provides additional coverage. Separately, an industry analyst with Societe Generale issued a research note questioning...

Cheniere Share Price Increases Following Conditional Approval of LNG Exports

BusinessWeek reports that the price of Cheniere stock rose significantly following the U.S. Department of Energy’s conditional approval of Cheniere’s application to export U.S. natural gas as LNG via the Sabine Pass terminal. Shares in Cheniere Energy Inc. rose 17 percent after the approval was announced last...

Oregon LNG Backers Hope to Secure Required Authorizations for Construction Within Next Year

In its annual report to shareholders, the chairman of Leucadia National Corp., the company funding the Oregon LNG import terminal and associated pipeline project, said in a letter that “[t]he import and export of LNG has a role to play within [the global energy] market.” The letter goes on to say that the company will fund the Oregon LNG venture for another year,...

European LNG Headlines

Shannon LNG Project Faces Financial Challenges (The Post)

Enbridge Hopes to Build Pipelines Serving LNG Terminals in Asia-Pacific Region

Earlier this week, Enbridge CEO Pat Daniel said that his company is “actively looking today” for opportunities in the Asian Pacific LNG sector. According to the Globe and Mail, Daniel said that Enbridge would not be interested in building LNG terminals, but rather building and operating pipelines servicing the LNG...

European LNG Headlines

Estonian Businessman Ready to Invest 120 Million Euros in LNG Terminal (The Baltic Course)

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