Industry Analysts Say Kitimat and Freeport LNG Export Projects Well-Positioned
Posted on Jun 10, 2011 in Canada & Mexico, Financing, LNG Exports, Markets and Competition | Comments Off on Industry Analysts Say Kitimat and Freeport LNG Export Projects Well-Positioned
North American natural gas industry analysts told Platts LNG Daily [subscription required] that they do not believe that more than three or four North American LNG export projects will be completed, citing financing challenges, market conditions, and competition from other global players like Australia. Several analysts noted that the Kitimat and Freeport LNG export projects currently...
Panelists Say U.S. Northeast Gas Market Has Room for Both Shale and LNG
Posted on Jun 9, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Panelists Say U.S. Northeast Gas Market Has Room for Both Shale and LNG
Representatives from Repsol and GDF Suez told an energy forum in Boston yesterday that they expect that both imported LNG and domestic gas supplies from the Marcellus shale gas play will have a place in the northeastern U.S. natural gas market. They predict that gas pipeline constraints limiting distribution of shale gas will keep LNG imported via the Canaport and Everett terminals in...
Apache May Conclude Negotiations This Year to Sell 85% of Kitimat LNG Production
Posted on Jun 7, 2011 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Apache May Conclude Negotiations This Year to Sell 85% of Kitimat LNG Production
An official for Apache Corp. speaking in Kuala Lumpur this week said that his company may conclude negotiations this year to sell up to 85% of the LNG produced at the Kitimat LNG facility currently under development in British Columbia, Canada. Bloomberg provides additional coverage. Separately, Platts LNG Daily [subscription required] reports that the same company official said that...
Citigroup Analysts: U.S. LNG Exports Could Compete with Other Global Supply Sources
Posted on Jun 6, 2011 in LNG Exports, Markets and Competition | Comments Off on Citigroup Analysts: U.S. LNG Exports Could Compete with Other Global Supply Sources
In a research report issued last week, analysts with Citigroup Global Markets predicted that U.S. LNG exports to Asia and Europe could be economically competitive with other traditional suppliers of LNG. See Platts LNG Daily for more details. [Subscription...
April LNG Imports Down 20% from 2010
Posted on Jun 3, 2011 in Markets and Competition | Comments Off on April LNG Imports Down 20% from 2010
The U.S. Department of Energy said yesterday that U.S. LNG imports fell approximately 20% in April, from 41.6 Bcf in April 2010 to 33.1 Bcf in April 2011. Reuters provides additional...
European LNG Headlines
Posted on Jun 2, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Spain’s Iberdrola Signs 10-Year LNG Supply Deal with BP (Reuters) Dutch GATE Terminal Begins Commissioning (Platts LNG Daily) [Subscription required]