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BP LNG Strategist Does Not Expect Lower Gas Prices in Europe Due to Potential U.S. LNG Exports

Speaking to an industry conference in London yesterday, Andrew Walker, head of BP’s LNG strategy, said that he does not expect Europe to see significantly lower gas prices due to U.S. LNG exports. According to Platts, Walker said that potential regulatory and commodity risks for U.S. LNG exports limit their attractiveness to European and Asian LNG buyers. [Update: Although Platts...

Mexico’s Manzanillo Terminal to Receive First Cargo

Mexico’s LNG terminal at Manzanillo is expected to receive its first LNG cargo late this week according to Platts. The LNG will be sourced from Repsol’s Camisea project in Peru and will mark the initial shipment for the Mexican Federal Electricity Commission, a new player in the Mexican wholesale gas...

Apache CEO Expects LNG Purchase Contract for Kitimat LNG This Year

Speaking yesterday in Houston, Apache Corp. CEO G. Steven Farris said that he expects a major gas player in Asia will conclude an LNG purchase contract for supplies from the planned Kitimat LNG export facility this year. Fox Business provides additional...

Holder of U.S. LNG Export Authorization Hopes to Be Purchased

Platts LNG Daily [subscription required] reports that Energy International Corp. (EIC) hopes that its U.S. Department of Energy authorization to export up to 200 Bcf over a two-year term will induce a party interested in exporting LNG to buy EIC. Aside from the authorization granted last year to Sabine Pass LNG, a representative for EIC said that its license is the only one that...

European LNG Headlines

Greece Invites Bids for State Gas Group DEPA (Reuters)

European LNG Headlines

Poland Mulls Exporting Regasified LNG (Platts LNG Daily) [Subscription required] Azerbaijan: EU is not interested in gas project AGRI LNG, but its presentation will be held in European Commission this March (ABC.az) Ukraine Selects Terminal Site Near Pivdenny (Platts LNG Daily) [Subscription...

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