LNG Tanker Market Improving for Ship Owners
Posted on Feb 18, 2011 in Markets and Competition, Vessel Transportation | Comments Off on LNG Tanker Market Improving for Ship Owners
Bloomberg reports that the market for LNG carrier owners has increased dramatically this year, with average spot LNG tanker rates doubling to $70,000 per day.
Cheniere, Endesa, and Enel Trade Sign MOU for Bi-Directional LNG Processing at Sabine Pass Facility
Posted on Feb 17, 2011 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Cheniere, Endesa, and Enel Trade Sign MOU for Bi-Directional LNG Processing at Sabine Pass Facility
This morning Cheniere Energy’s subsidiary, Sabine Pass Liquefaction, LLC, announced that it has signed a non-binding memorandum of understanding (MOU) with Endesa, S.A., and Enel Trade, S.p.A. Under the terms of the MOU, the companies have agreed to negotiate definitive agreements for up to 1.5 Mtpa of bi-directional LNG processing capacity at the Sabine Pass LNG...
European LNG Headlines
Posted on Feb 15, 2011 in Liquefaction, Markets and Competition | Comments Off on European LNG Headlines
AGRI Liquefied Gas Project May Cost 5 Billion Euros (Bloomberg)
European LNG Headlines
Posted on Feb 14, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Cyprus Official Comes Clean on Gas (Cyprus Mail)
Cheniere Announces MOU with Basic Energy for LNG Sales
Posted on Feb 11, 2011 in LNG Exports, Markets and Competition | Comments Off on Cheniere Announces MOU with Basic Energy for LNG Sales
This morning Cheniere Energy Partners, L.P. announced that its subsidiary Sabine Pass Liquefaction, LLC has concluded a Memorandum of Understanding (MOU) with two subsidiaries of Basic Energy, an electricity producer based in the Dominican Republic. Under the terms of the MOU, Basic Energy would purchase up to 0.6 Mtpa of LNG from the Sabine Pass LNG facility. The press release notes...
ConocoPhillips Considering LNG Imports Through Kenai Facility
Posted on Feb 11, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on ConocoPhillips Considering LNG Imports Through Kenai Facility
Reuters reports that a spokesperson for ConocoPhillips said yesterday that the company is considering using its Kenai facility to import LNG.