Industry Analyst Suggests Chinese Gas Buyers Could Turn to U.S. LNG Exports
Posted on Nov 23, 2011 in LNG Exports, Markets and Competition | Comments Off on Industry Analyst Suggests Chinese Gas Buyers Could Turn to U.S. LNG Exports
An analyst for Societe Generale said this week that he expects Chinese natural gas buyers to be more attracted to U.S. LNG exports than a gas supply agreement with Russia’s Gazprom. Read more in Platts LNG Daily. [Subscription...
Report: LNG Exports from Trinidad Shifting from U.S. Destinations to Asian Markets
Posted on Nov 23, 2011 in Liquefaction, Markets and Competition | Comments Off on Report: LNG Exports from Trinidad Shifting from U.S. Destinations to Asian Markets
World Gas Intelligence reports that LNG shipments from Trinidad and Tobago are shifting away from North American destinations and trending towards Asian LNG markets. According to industry analyst Bentek, U.S. LNG imports from Trinidad are down 34% in 2011 compared with...
Analysis: Shutdown of Kenai LNG Facility Creates Uncertainty for Local Gas Customers
Posted on Nov 22, 2011 in Liquefaction, Markets and Competition, State and Local Issues | Comments Off on Analysis: Shutdown of Kenai LNG Facility Creates Uncertainty for Local Gas Customers
An analysis carried in the Alaska Journal of Commerce suggests that the shutdown of the Kenai LNG liquefaction facility will create uncertainty in the local gas market, particularly during the upcoming winter...
Cheniere Signs LNG Export Contract with Gas Natural Fenosa
Posted on Nov 22, 2011 in LNG Exports, Markets and Competition | Comments Off on Cheniere Signs LNG Export Contract with Gas Natural Fenosa
Cheniere Energy and Gas Natural Fenosa announced last night that they have agreed to an LNG export arrangement via the Sabine Pass LNG facility. The contract calls for Cheniere to sell 3.5 Mtpa to Gas Natural over a term of 20 years. Cheniere CEO Charif Souki noted in a statement that this agreement, coupled with a similar agreement with BG, will support the construction of the first...
Asian Gas Consumers Interested in Western Canada’s LNG Projects
Posted on Nov 21, 2011 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Asian Gas Consumers Interested in Western Canada’s LNG Projects
Pat Bell, Jobs Minister for the Province of British Columbia, returned from a recent visit to China impressed with the level of interest expressed by potential Chinese purchasers in the LNG export projects planned for Western Canada. He told CFTK TV that he heard expressions of interest from Sinopec, PetroChina, and Shell’s Chinese subsidiary. Separately, an official for Encana...
Chesapeake CEO Says He Hopes U.S. LNG Exports Will Not Be Necessary
Posted on Nov 17, 2011 in LNG Exports, Markets and Competition | Comments Off on Chesapeake CEO Says He Hopes U.S. LNG Exports Will Not Be Necessary
Although he would like the right to export U.S. natural gas as LNG, Chesapeake CEO Aubrey McClendon said yesterday that he would prefer that the United States’ large natural gas resources were used domestically, possibly in the transportation sector. However, a Cheniere Energy representative told Reuters that Chesapeake has pledged publicly to supply 500 MMcf/d of natural gas to...