Trinidad Sees Sharp Decline in LNG Exports to the United States
Posted on Nov 14, 2011 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Trinidad Sees Sharp Decline in LNG Exports to the United States
Bloomberg reports that Trinidad & Tobago exports about 25% of its LNG production to the United States, down from 75% three years ago. Separately, an analysis looks at potential LNG export competition for Trinidad from other LNG export projects, particularly along the U.S. Gulf Coast. The piece specifically examines the Dominican Republic, which has traditionally relied upon LNG...
Industry Analysts Suggest United States Could Become World’s Second Largest LNG Exporter
Posted on Nov 10, 2011 in LNG Exports, Markets and Competition | Comments Off on Industry Analysts Suggest United States Could Become World’s Second Largest LNG Exporter
A report issued by BNP Paribas suggests that the United States could become the world’s second largest LNG exporter in the coming decade, behind only Russia. According to Platts LNG Daily, however, the report notes that U.S. LNG export projects face significant infrastructure barriers. [Subscription...
Analysis Examines Differing Interests Between North American Gas Producers and Consumers as LNG Export Proposals Move Forward
Posted on Nov 3, 2011 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Analysis Examines Differing Interests Between North American Gas Producers and Consumers as LNG Export Proposals Move Forward
An analysis carried in the Globe and Mail (Toronto) examines the divergent views of North America’s natural gas producers and gas consumers as LNG export proposals move forward. The piece notes that North American gas producers want to export LNG to markets with higher gas prices around the world, while gas consumers hope to use U.S. and Canadian natural gas to keep domestic energy...
Analysis: Cheniere, BG LNG Export Agreement Does Not Include Traditional Take-Or-Pay Provisions
Posted on Nov 2, 2011 in Financing, LNG Exports, Markets and Competition | Comments Off on Analysis: Cheniere, BG LNG Export Agreement Does Not Include Traditional Take-Or-Pay Provisions
An analysis of the recent Cheniere-BG LNG export agreement carried in World Gas Intelligence [subscription required] notes that the agreement does not contain a take-or-pay provision that is common for LNG terminal use agreements. The analysis concludes that although the agreement with BG helps, Cheniere needs to secure similar agreements from other future LNG exporters in order to...
Analysts Suggest LNG Exports from North America Could Profit From Global Gas Price Spreads
Posted on Nov 2, 2011 in Markets and Competition | Comments Off on Analysts Suggest LNG Exports from North America Could Profit From Global Gas Price Spreads
A report offered by Bernstein Research suggests that LNG exports from North America could allow energy players to capture price spreads between North America and markets in Europe or Asia. According to Platts LNG Daily, much of the global gas price spread can be attributed to different gas pricing mechanisms across different markets. A separate research note published by Deutsche Bank...
IEA: If U.S. LNG Exports Come Onstream, Global Gas Prices Could Converge
Posted on Nov 1, 2011 in LNG Exports, Markets and Competition | Comments Off on IEA: If U.S. LNG Exports Come Onstream, Global Gas Prices Could Converge
Speaking at an industry conference in Singapore, Richard Jones of the International Energy Agency (IEA) said that LNG export projects in the United States could trigger a convergence of global natural gas prices. Find further coverage in Platts LNG Daily [subscription...