Petronet, Exxon Considering U.S. LNG Export Options
Posted on Nov 17, 2011 in Financing, LNG Exports, Markets and Competition | Comments Off on Petronet, Exxon Considering U.S. LNG Export Options
A managing director with Petronet LNG told Bloomberg that his company is considering securing minority stakes in the Freeport and Cove Point LNG export projects for “better pricing power and assurance of supply.” Petronet also is in discussions with Cheniere Energy for a stake in the Sabine Pass LNG export project. Separately, an official with ExxonMobil said that his...
Sonangol Says Angola LNG Supply Will Not Be Locked Into U.S. Market
Posted on Nov 17, 2011 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Sonangol Says Angola LNG Supply Will Not Be Locked Into U.S. Market
A representative for Sonangol told an industry conference this week that the Angola LNG partners are establishing a new UK-based marketing company to prevent delivering supply from the Angola LNG project to the Gulf LNG regasification facility in the United States. According to Platts LNG Daily [subscription required], Sonangol, Chevron, Eni, BP, and Total will have equity positions in...
European LNG Headlines
Posted on Nov 15, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Polskie LNG to Start Taking Bids for Terminal Capacity (Platts LNG Daily) [Subscription required] Baltic Countries Ask European Union to Solve LNG Terminal Row (Euractiv)
Analysis: LNG Exports Competing with Other Potential Uses for Shale Gas
Posted on Nov 14, 2011 in LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on Analysis: LNG Exports Competing with Other Potential Uses for Shale Gas
An analysis carried in the Philadelphia Inquirer discusses the competition for shale gas resources in the United States between domestic consumers and potential LNG export projects.
Dominion CFO Sees “Significant Value” for European and Asian Customers for Cove Point LNG Exports
Posted on Nov 14, 2011 in LNG Exports, Markets and Competition | Comments Off on Dominion CFO Sees “Significant Value” for European and Asian Customers for Cove Point LNG Exports
Speaking last week at an industry conference, Dominion Resources CFO Mark McGettrick said that he sees “significant value” for European and Asian customers for LNG exports from the Cove Point LNG facility. Read more in Platts LNG Daily [subscription...
Jamaican Government Says Six Bids Submitted for LNG Supplies
Posted on Nov 14, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Jamaican Government Says Six Bids Submitted for LNG Supplies
A statement released last week by Jamaica’s Office of the Cabinet said that six bids were received in response to a Request for Proposals for LNG supplies. Bids were received from Shell, Pace Global, Marubeni Corp., Morgan Stanley, Gas Natural, and...