The global LNG supply options are broadening with new LNG export projects – both under construction and proposed – mushrooming especially in Australia, the US, Canada, Papua New Guinea, Mozambique, Tanzania et cetera. Conceivably, a severe competition in the global LNG market is in the not so distant future. What impact this “golden age of… Keep reading →
A Freedom of Information Request unveiled emails between New England government leadership and several energy companies regarding various power and gas infrastructure projects that have some questioning the extent to which certain aspects of the negotiations and decision making were kept from the public. “Regional plans for a pair of multibillion-dollar energy projects have advanced… Keep reading →
In light of recent events in Ukraine, it is in imperative that the European Union break the stranglehold that Russia currently has on the European natural gas market, and begin the search to diversify their sources of natural gas. By doing so, the European Union can insulate itself from the deleterious economic effects that may… Keep reading →
Ukraine’s deadline for paying its Russian natural gas debt – roughly $2 billion owed to Gazprom – expired last night. Gazprom has said it will shut off gas supplies at 10:00 Moscow time June 3rd, meaning European nations receiving gas via pipelines that transit Ukraine could also be cut off. [Radio Free Europe] The Nigerian… Keep reading →
The battle over fracking in Colorado is heating up with major funding flowing into both sides of the debate. Several ballot initiatives regarding the oil and gas well completion technology will be voted on this November. Celebrities like Yoko Ono and wealthy activists including Tom Steyer are supporting anti-fracking legislation, or in many cases, laws… Keep reading →
On Friday, President Obama met with German Chancellor Angela Merkel at the White House and seemed to dismiss the notion that Russia would “turn off the tap to Europe” by calling it “unrealistic”. He added that natural gas kept flowing even at the height of the Cold War. Both leaders appeared to be ready and… Keep reading →
Williams Partners subsidiary Transcontinental Pipeline will build a 1.2 million dekatherm per day expansion to supply the Cheniere Energy Partners Sabine Pass Liquefaction project being developed in Cameron Parish, La. “Gulf Trace is a pivotal project at an extremely important time for Transco and the U.S. natural gas industry as a whole,” said Rory Miller,… Keep reading →
This quote is not in reference to the highly-politicized Keystone XL oil pipeline project, as one might first assume, but was made with regard to New England natural gas pipeline constraints that cause spot prices to soar during demand spikes. Utilities often opt not to pay for more expensive uninterruptable supply, forcing them into the… Keep reading →
The apparent strong-arm tactic may actually indicate Russian weakness. In a letter to leadership in European countries receiving Russian gas that first transits Ukraine, Russian President Vladimir Putin warned that unless immediate steps are taken to ensure Ukrainian national gas company Naftogaz pays in advance for supply, Gazprom could close the valves. The letter states:… Keep reading →
In yesterday’s Senate Energy and Natural Resources Committee testimony, EIA Administrator Adam Sieminski said US natural gas looks poised for significant export growth over the next 25 years – via both pipeline and LNG – but numerous indigenous and exogenous factors could alter that outlook. The answer to the hearing’s question-phrased title – “Importing Energy, Exporting… Keep reading →
