Industry Analyst Cautious on North American LNG Export Proposals
Posted on Jun 21, 2011 in Canada & Mexico, Federal Regulation, Markets and Competition | Comments Off on Industry Analyst Cautious on North American LNG Export Proposals
Gerry Goobie, an analyst with Purvin & Gertz energy consultants, told the Calgary Herald that he is concerned about the possibility of global LNG market changes that could affect the LNG export projects proposed in North America. Although LNG exports may make economic sense under present market conditions, Goobie noted that market conditions can change...
Duke Energy CEO Cautions Against Overreliance on Natural Gas
Posted on Jun 16, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Duke Energy CEO Cautions Against Overreliance on Natural Gas
Jim Rogers, CEO of Duke Energy, told a conference in Washington, D.C., yesterday that he believes an overreliance on natural gas for electricity generation carries some risk as the volatility of natural gas prices could compel power generators to import more LNG from foreign suppliers. Rogers cautioned against tying the U.S. “grid to foreign sources of energy.” Reuters...
Industry Analysts Say United States Could Export 1 Bcf/d of LNG by 2020
Posted on Jun 16, 2011 in LNG Exports, Markets and Competition | Comments Off on Industry Analysts Say United States Could Export 1 Bcf/d of LNG by 2020
Bentek Energy analysts said yesterday that they expect the United States to export approximately 1 Bcf/d of LNG from 2018 through 2020. According to Platts LNG Daily, the analysts predicted that U.S. LNG exports will begin in...
Macquarie Executive Expects Freeport LNG Export Project to Increase Bank’s Gas Trading Opportunities
Posted on Jun 15, 2011 in LNG Exports, Markets and Competition | Comments Off on Macquarie Executive Expects Freeport LNG Export Project to Increase Bank’s Gas Trading Opportunities
Nicholas O’Kane, the global head of the energy markets division for Macquarie Bank, told Reuters this week that he expects the Freeport LNG export project to increase natural gas trading opportunities in North America for Macquarie. O’Kane went on to note that he does not expect North American gas exports to significantly raise prices for natural gas in the United States,...
Pickens Critical of Proposals to Export U.S. Natural Gas Overseas
Posted on Jun 13, 2011 in LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on Pickens Critical of Proposals to Export U.S. Natural Gas Overseas
Speaking to the Pittsburgh Tribune-Review, famed oil investor and natural gas production supporter T. Boone Pickens said that “[i]t’s bad public policy to export natural gas – a cleaner, cheaper domestic resource – and import more expensive, dirtier OPEC oil.” The article goes on to cite other industry players and politicians’ concerns with U.S. LNG export...
European LNG Headlines
Posted on Jun 10, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
GATE LNG to Get First Cargo from Trinidad & Tobago (Platts LNG Daily) [subscription required]