Japanese Imports of LNG from Trinidad & Tobago Up This Year
Posted on Oct 28, 2011 in Liquefaction, Markets and Competition | Comments Off on Japanese Imports of LNG from Trinidad & Tobago Up This Year
The Trinidad Guardian reports that purchases of LNG from Trinidad and Tobago by Japanese utility Kansai Electric are up nearly four fold this year compared with last year.
Another LNG Cargo to be Exported from Kenai Terminal Before Idling in November
Posted on Oct 27, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Another LNG Cargo to be Exported from Kenai Terminal Before Idling in November
A spokesperson for ConocoPhillips told the Anchorage Daily News that the company plans to export one more LNG cargo from the Kenai LNG terminal before the facility ends operations in early November. The spokesperson noted that the facility will remain idle until the spring when the company will evaluate their options for the terminal...
BG Group Plans to Continue Developing Lake Charles LNG Export Project
Posted on Oct 27, 2011 in LNG Exports, Markets and Competition | Comments Off on BG Group Plans to Continue Developing Lake Charles LNG Export Project
In its press release announcing its LNG export deal at Cheniere’s Sabine Pass LNG facility, BG Group said that it will continue to develop the LNG export project at the Lake Charles LNG terminal. Southern Union, the current owner of the Lake Charles LNG terminal, noted that it is pleased that BG remains committed to the Lake Charles LNG export...
European LNG Headlines
Posted on Oct 27, 2011 in Markets and Competition, Regas Terminals & Capacity, Vessel Transportation | Comments Off on European LNG Headlines
GDF Suez Considers Sale of Stake in LNG Carrier (Financial Times) Lithuania Gets Three Bids for Offshore LNG Terminal (Reuters)
BG and Cheniere Sign Agreement to Export U.S. Domestic Natural Gas
Posted on Oct 26, 2011 in Federal Regulation, Financing, LNG Exports, Markets and Competition | Comments Off on BG and Cheniere Sign Agreement to Export U.S. Domestic Natural Gas
Cheniere Energy and BG Group have signed an agreement to export 3.5 million tons of LNG via the Sabine Pass LNG facility for a term of 20 years. Speaking with Reuters, Cheniere CEO Charif Souki said that the deal could help pave the way for financing for the LNG liquefaction project and that the project could be ready to begin operations by 2015. Separately, FERC requested that...
Encana President Welcomes Additional LNG Export Projects in North America
Posted on Oct 24, 2011 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Encana President Welcomes Additional LNG Export Projects in North America
Randy Eresman, president of Encana, said last week that his company would welcome as many LNG export facilities in North America as can be constructed. He also noted that there is “plenty of room” for other LNG export projects on North America’s West Coast. Encana is a partner in developing the Kitimat LNG export project in British Columbia. Read more in the Calgary...