Mozambique, Equatorial Guinea and Cameroon are all looking at floating LNG export projects as potential ways to bring their natural gas reserves to market. “But the Cameroonian Floating LNG project, announced on Christmas Day 2014 as a three way Heads of Agreement (the HOA) between Golar LNG Ltd (Golar) Societe Nationale de Hydrocarbures (SNH) and Perenco Cameroon, is small, nimble, and designed to get to market quicker than 2018, the earliest at which any of the other listed projects is likely to come online.” [Daily Times Nigeria]
The Transco natural gas pipeline system that serves the US East Coast and Southeast set a delivery record on January 7th as cold weather spiked heating demand. “According to Williams, the Transco system delivered a record-breaking 12.6 million Dth — enough gas to heat about 50 million U.S. homes — on Jan. 7 for its Zones 4-6 market area, a region that stretches from Mississippi to New York City. The new mark eclipses the previous high of 11.9 million Dth set one year earlier to the day, Jan. 7, 2014. Transco also set a record for three-day market area delivery from Jan. 7-9, averaging 11.9 million Dth per day.” [Natural Gas Intelligence]
If you’re getting tired of gasoline and oil price stories, here’s some comic relief from the Onion. “Where does this put green technology? Oh, we don’t need that anymore.” [The Onion]
