EIA Releases Report on Potential Economic Effects of Additional U.S. LNG Exports
Posted on Jan 19, 2012 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on EIA Releases Report on Potential Economic Effects of Additional U.S. LNG Exports
The U.S. Energy Information Administration (EIA) has released a report discussing potential effects of additional U.S. LNG exports on the domestic economy. The report was requested by the Department of Energy’s Office of Fossil Energy as it continues to evaluate LNG export...
India’s GAIL negotiating LNG Purchase Agreement with Freeport LNG
Posted on Jan 17, 2012 in LNG Exports, Markets and Competition | Comments Off on India’s GAIL negotiating LNG Purchase Agreement with Freeport LNG
Platts LNG Daily [subscription required] offers details regarding ongoing negotiations between India’s GAIL and Freeport LNG for a twenty-year LNG purchase agreement.
Repsol Executive Not Concerned with Challenging Market Facing Canaport LNG Project
Posted on Jan 13, 2012 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Repsol Executive Not Concerned with Challenging Market Facing Canaport LNG Project
Despite a challenging natural gas market in the U.S. Northeast, Phil Ribbeck, president of Repsol North American, said that he is not worried about current market challenges facing the Canaport LNG terminal. He told CBC News that he does not believe that shale gas in North America will eliminate the need for LNG imports via the Canaport LNG...
Op-Ed: U.S. LNG Exports May Have Trouble Competing in Expanding Global Gas Market
Posted on Jan 12, 2012 in LNG Exports, Markets and Competition | Comments Off on Op-Ed: U.S. LNG Exports May Have Trouble Competing in Expanding Global Gas Market
Noting that global natural gas supplies are growing as shale gas plays become more accessible, an op-ed carried by Reuters suggests that LNG exports from the United States may have trouble competing economically with other gas supply sources around the...
Report: Indian Government Committee Says U.S. LNG Supplies Cheaper and Stable Compared to Other Supply Options
Posted on Jan 12, 2012 in LNG Exports, Markets and Competition | Comments Off on Report: Indian Government Committee Says U.S. LNG Supplies Cheaper and Stable Compared to Other Supply Options
The Hindu reports that the Empowered Group, an Indian government committee, has concluded that U.S. LNG supplies are cheaper and stable compared to other potential supply options. According to the news report, the committee approved the purchase by GAIL India of two million metric tons of LNG per year for twenty years from Macquarie Energy via the Freeport LNG...
Some U.S. Companies Raise Concerns About U.S. LNG Export Volumes
Posted on Jan 11, 2012 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on Some U.S. Companies Raise Concerns About U.S. LNG Export Volumes
The Financial Times reports that several U.S. companies, including Alcoa and members of the Industrial Energy Consumers of America (IECA), have voiced concerns regarding the possible effect U.S. LNG exports will have on domestic natural gas prices. IECA noted that the group is not opposed to natural gas exports, but that it wants the U.S. Department of Energy to conduct a...