Energy Firm Files Comments Supporting Freeport LNG Export Proposal
Posted on Mar 28, 2011 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on Energy Firm Files Comments Supporting Freeport LNG Export Proposal
Copano Energy, a Houston-based midstream energy company, submitted comments to FERC and the U.S. Department of Energy in support of the Freeport LNG export project. Copano Energy cited numerous reasons it supports the export proposal, including creating new markets for North American natural gas, increasing state tax revenue, and creating jobs in furtherance of President Obama’s...
British Columbian Official: Kitimat LNG Project Could Lead to Lower Gas Prices for Local Residents
Posted on Mar 23, 2011 in Canada & Mexico, LNG Exports, Markets and Competition, Pipelines | Comments Off on British Columbian Official: Kitimat LNG Project Could Lead to Lower Gas Prices for Local Residents
Robin Austin, Member of the Legislative Assembly for Skeena, B.C., told the Terrace Standard that the Kitimat LNG export project could lower natural gas bills for local residents. According to Austin, without major industrial customers purchasing gas in northwestern British Columbia, natural gas pipeline company PNG has be compelled to pass on gas transportation costs to residential...
Shell: U.S. LNG Exports Would Be “Competitive” in Atlantic Basin
Posted on Mar 23, 2011 in LNG Exports, Markets and Competition | Comments Off on Shell: U.S. LNG Exports Would Be “Competitive” in Atlantic Basin
Speaking in Amsterdam, De La Rey Venter of Shell said that he believes LNG exports from the United States would be competitive against other supplies of LNG, especially in the Atlantic Basin. Bloomberg provides additional...
Trinidad & Tobago Considering New Markets for LNG Exports
Posted on Mar 22, 2011 in LNG Exports, Markets and Competition | Comments Off on Trinidad & Tobago Considering New Markets for LNG Exports
Noting that the United States is a major importer of his country’s LNG, Ambassador Neil Parsan of Trinidad & Tobago said yesterday in Washington, D.C., that Trinidad is exploring LNG markets in Chile, Brazil, and Canada. Platts LNG Daily provides further...
Alaskan Lt. Gov. Says Nuclear Outage in Japan May Increase Demand for Alaskan LNG
Posted on Mar 21, 2011 in Liquefaction, Markets and Competition, Policy, Legislation and Politics, State and Local Issues | Comments Off on Alaskan Lt. Gov. Says Nuclear Outage in Japan May Increase Demand for Alaskan LNG
Alaskan Lieutenant Governor Mead Treadwell (R) told Reuters last Friday that outages at Japanese nuclear power plants could cause an increase in demand for Alaskan oil and LNG exports. As of last Friday, ConocoPhillips reiterated its previous position that it would assist Japan with the country’s LNG needs in the short term, but that the company still plans to suspend operations...
ConocoPhillips’ Decision to Close Kenai LNG Facility Unaffected by Rising Japanese Energy Demand
Posted on Mar 17, 2011 in Liquefaction, Markets and Competition | Comments Off on ConocoPhillips’ Decision to Close Kenai LNG Facility Unaffected by Rising Japanese Energy Demand
A spokesperson for ConocoPhillips told KTUU News that the company still plans to shut down the Kenai LNG liquefaction facility despite expected increased Japanese demand for LNG following an earthquake last week. The company representative noted that ConocoPhillips is willing to assist Japan with its short-term energy...