Japanese Government Seeking Support from Federal Authorities in Canada, United States for LNG Trade
Posted on Mar 26, 2012 in Canada & Mexico, LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on Japanese Government Seeking Support from Federal Authorities in Canada, United States for LNG Trade
Platts LNG Daily reports that officials with the Japanese government hope to secure support from Canada and the United States for the export of LNG from North America to Japan. The article notes that Japan hopes to receive a waiver from the U.S. Department of Energy allowing LNG exports to Japan. [Subscription...
Study: Fears That Increased US LNG Exports Will Fuel Dramatic Price Increases Are Unrealistic
Posted on Mar 26, 2012 in LNG Exports, Markets and Competition | Comments Off on Study: Fears That Increased US LNG Exports Will Fuel Dramatic Price Increases Are Unrealistic
A new study by NATS [subscription required] titled, “Competitiveness of US LNG Exports in Asia,” finds that increased U.S. LNG exports will not result in dramatic price increases for domestic natural gas. The study also addresses the competition between U.S. and Australian LNG exports to serve the Asian LNG market and concludes that increased U.S. LNG exports will not...
LNG Vessel Charted by Morgan Stanley Delivering LNG Cargo to Japan
Posted on Mar 23, 2012 in Markets and Competition, Regas Terminals & Capacity, Vessel Transportation | Comments Off on LNG Vessel Charted by Morgan Stanley Delivering LNG Cargo to Japan
Bloomberg reports that the Arctic Spirit, an LNG vessel owned by Teekay LNG Partners and chartered by Morgan Stanley, is transporting an LNG cargo from the Sabine Pass terminal in Louisiana to the Sodegaura LNG import facility in Tokyo,...
European LNG Headlines
Posted on Mar 22, 2012 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Ireland’s Shannon LNG Subject to Uncertainty on Pipeline Tariff (Platts LNG Daily) [Subscription required]
Cheniere Chief Predicts $2 Domestic Natural Gas Prices
Posted on Mar 19, 2012 in LNG Exports, Markets and Competition, Technology | Comments Off on Cheniere Chief Predicts $2 Domestic Natural Gas Prices
In an interview on E&ETV today, Cheniere Energy Partners CEO Charif Souki predicted that long-term domestic natural gas prices would fall to $2/MMBtu as a result of improved drilling technologies, regardless of whether gas exports are increased: “We’re very early in the learning curve and we’re going to be able to find this resource more easily, faster and cheaper...
Local Group Disputes Claim that New England Needs Natural Gas from Downeast LNG Project
Posted on Mar 15, 2012 in Federal Regulation, Markets and Competition, Regas Terminals & Capacity | Comments Off on Local Group Disputes Claim that New England Needs Natural Gas from Downeast LNG Project
Save Passamaquoddy Bay, a local LNG opposition group, submitted a market analysis to FERC that concludes that natural gas markets in the U.S. Northeast do not require the additional gas that would be imported by the planned Downeast LNG regasification project. The analysis is available in FERC’s eLibrary under Docket No....