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Encana-PetroChina Deal May Have Implications for Kitimat LNG Export Proposal

A number of industry observers noted that the recent acquisition by PetroChina of a large stake in Encana’s British Columbian natural gas reserves could have implications for Kitimat LNG’s efforts to export LNG to customers in the Asian Pacific market. According to the Calgary Sun, Encana CEO Randy Eresman said that although Kitimat LNG did not figure into negotiations between...

European LNG Headlines

Enel Sees Sicily LNG Terminal Operating in 2015 (Reuters) Dutch Gas Hub Plan Raises Cost Concerns (Platts LNG Daily) [Subscription required]

Energy Minister to Review Trinidad’s LNG Sales Contracts

Trinidad & Tobago Energy Minister Carolyn Seepersad-Bachan said last week that she plans to review her country’s LNG sales contracts for gas delivered to terminals in the United States. Minister Seepersad-Bachan noted that the contracts linked sale prices under long-term cost structures but since some LNG exported from Trinidad & Tobago is being re-exported from terminals...

European LNG Headlines

Bulgarian President Keen on Azerbaijan’s LNG (News.az) Lithuania Against Gazprom’s Influence on Possible LNG Terminal Building in Latvia (The Baltic Course)

LNG Imports Likely Needed for Alaska Despite Plans for New Production

Despite plans to increase exploration and production activities in Southern Alaska, one energy official says that the pace of expansion is not rapid enough to prevent natural gas shortages in the Alaskan market. Colleen Starring, president of Enstar Natural Gas Co., told the Alaska Journal of Commerce that she hopes her company and local utilities will move forward on a plan to import...

European LNG Headlines

Egypt Unrest May Drive Up LNG Trading Costs for Asia, Europe (Bloomberg)

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