Deloitte Analysis Predicts Small Impact on Domestic Gas Prices from U.S. LNG Exports
Posted on Feb 17, 2012 in LNG Exports, Markets and Competition | Comments Off on Deloitte Analysis Predicts Small Impact on Domestic Gas Prices from U.S. LNG Exports
An analysis produced by the Deloitte Center for Energy Solutions predicts that LNG exports from the United States of 6 Bcf/d could cause the price of gas to rise by $0.12 per million Btu between 2016 and 2035, an increase of approximately 1.7% over the projected natural gas price for this...
Gazprom Official Predicts U.S. LNG Exports to Asia in Coming Decade
Posted on Feb 17, 2012 in LNG Exports, Markets and Competition | Comments Off on Gazprom Official Predicts U.S. LNG Exports to Asia in Coming Decade
Speaking to Bloomberg, Gazprom Deputy CEO Alexander Medvedev said that he expects that the United States may begin exporting relatively small volumes of LNG to Asian markets, not to Europe, in the coming decade. He also said that he expects Asian LNG prices to remain linked to oil prices, disagreeing with industry analysts who expect the link between LNG and oil prices to weaken in the...
Virgin Islands May Consider LNG Imports If Economics Right
Posted on Feb 17, 2012 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Virgin Islands May Consider LNG Imports If Economics Right
Officials in the U.S. Virgin Islands may consider LNG imports if the project is economically attractive. According to the Virgin Islands Daily News, an LNG import project, particularly one using an FSRU to receive and regasify the LNG, could be attractive if other regional energy consumers including Puerto Rico, the British Virgin Islands, St. Maarten and Antigua consolidate around LNG...
CEO: Petronet LNG Exploring U.S. LNG Export Options
Posted on Feb 16, 2012 in LNG Exports, Markets and Competition | Comments Off on CEO: Petronet LNG Exploring U.S. LNG Export Options
Petronet LNG CEO A.K. Balyan told Bloomberg yesterday that his firm is negotiating with a number of U.S. companies for long-term LNG supplies, including exports from Cheniere Energy’s Sabine Pass LNG...
Sempra Energy to Renegotiate Indonesian Supply Contract for Costa Azul LNG Terminal
Posted on Feb 16, 2012 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Sempra Energy to Renegotiate Indonesian Supply Contract for Costa Azul LNG Terminal
An official with BP told Bloomberg that Sempra has agreed to renegotiate its supply contract with the Tangguh LNG liquefaction facility in Indonesia, allowing for a greater percentage of the contracted LNG supply to be diverted from the Costa Azul LNG terminal to markets paying higher prices for natural...
Analysis: Global LNG Suppliers Planning for Possible U.S. LNG Exports
Posted on Feb 15, 2012 in LNG Exports, Markets and Competition | Comments Off on Analysis: Global LNG Suppliers Planning for Possible U.S. LNG Exports
An analysis carried in World Gas Intelligence reports that some LNG suppliers around the world, particularly in Qatar, may re-evaluate their price models for LNG sales to Asian consumers if the United States begins to export LNG to Asia. Specifically, the piece suggests that the LNG suppliers are planning for price structures less strongly linked to the Japanese crude oil index used...