Pennsylvania Congressman Voices Support for Exporting Shale Gas as LNG
Posted on Apr 20, 2011 in LNG Exports, Markets and Competition, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Pennsylvania Congressman Voices Support for Exporting Shale Gas as LNG
Representative Glenn Thompson (R-Penn.) told the Pittsburgh Tribune-Review that he supports the export of natural gas produced from the Marcellus shale gas play as LNG. Representative Thompson noted that he would support efforts to export the Marcellus gas via the Cove Point LNG terminal if liquefaction equipment is installed...
Excelerate Energy Announces Plans to Retire Gulf Gateway LNG Deepwater Port
Posted on Apr 19, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Excelerate Energy Announces Plans to Retire Gulf Gateway LNG Deepwater Port
Last week, Excelerate Energy announced its plans to decommission its Gulf Gateway LNG deepwater port. Excelerate CEO Rob Bryngelson said in a press statement that North American market conditions and Excelerate’s focus on other LNG markets around the world “reduced the need for Gulf Gateway and confirmed that its retirement is the most financially prudent course of action”...
Peruvian LNG Cargo Expected to Arrive at Freeport LNG Terminal Soon
Posted on Apr 15, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Peruvian LNG Cargo Expected to Arrive at Freeport LNG Terminal Soon
Bloomberg reports that LNG vessel STX Frontier is expected to deliver a Peruvian-sourced LNG cargo to the Freeport LNG terminal on Sunday, April 17, 2011.
Several LNG Liquefaction Projects Competing to Export Western Canadian Gas
Posted on Apr 15, 2011 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Several LNG Liquefaction Projects Competing to Export Western Canadian Gas
Platts LNG Daily [subscription required] carries an analysis of the LNG liquefaction projects proposed for Western Canada. The projects examined include the Kitimat LNG project, the BC LNG Export Cooperative, and Shell’s proposal to build a liquefaction facility on Prince Rupert...
Investment Firm Sees LNG as Attractive Alternative to Nuclear Energy in Japan
Posted on Apr 14, 2011 in Markets and Competition | Comments Off on Investment Firm Sees LNG as Attractive Alternative to Nuclear Energy in Japan
Turner Investments has released a research report stating that LNG may be in greater demand globally as a result of the public backlash against nuclear energy precipitated by the ongoing crisis at Japan’s Fukushima nuclear power station. The Sun Herald (Biloxi, Miss.) provides additional...
Op-Ed: Weaver’s Cove LNG Project Could Help Lower Natural Gas Bills in U.S. Northeast
Posted on Apr 14, 2011 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Op-Ed: Weaver’s Cove LNG Project Could Help Lower Natural Gas Bills in U.S. Northeast
Responding to the position that additional LNG import facilities are not needed in the U.S. Northeast, Weaver’s Cove Energy President Ted Gehrig argues in an op-ed that the region’s high natural gas prices relative to the rest of the country suggest that more gas resources, including his company’s import project proposal, may benefit the region’s economy....