Cheniere LNG Marketing and Scottish Power PLC subsidiary PPM Energy Inc., announced a 10-year purchase and sale agreement last week, giving the Cheniere Energy marketing affiliate the ability to sell to PPM up to 600,000 MMBtu/d of gas at a Henry Hub-related index price and calling for Cheniere to allocate to PPM a portion of the liquefied natural gas (LNG) that it procures under certain long-term supply agreements.
Ability
Articles from Ability
Cheniere, PPM Energy Sign Major LNG Purchase, Sale Deal
Cheniere LNG Marketing and Scottish Power PLC subsidiary PPM Energy Inc., made a 10-year purchase and sale agreement, giving Cheniere the ability to sell to PPM up to 600,000 MMBtu/d of gas at a Henry Hub-related index price and calling for Cheniere to allocate to PPM a portion of the liquefied natural gas (LNG) that it procures under certain long-term supply agreements.
April 7, 2006
PPM Exec Urges Wind Industry to Prepare for Eventual Lower Gas Prices
While wind power currently has the ability to compete “very effectively” against natural gas given the sky high prices for gas, the wind power sector must start preparing for the day when gas prices come back to Earth, a top official with PPM Energy said last Monday.
May 23, 2005
Consultant: Continuing Lack of Supply Confidence Leads to Pre-Winter Price Spikes
The natural gas market’s ability to soar nearly $2/MMBtu in the span of a couple weeks despite near record high levels of working gas in storage is part of an annual pattern that is occurring, said energy consultant Stephen Smith of Natchez, MS-based Stephen Smith Energy Associates.
November 1, 2004
Futures Stay Put by Ignoring Storms, Crude Movement
Unimpressed by the paths of the first two significant storms of the season, natural gas futures on Tuesday lacked the ability to rebound from Monday’s 29.9-cent drop. The prompt month settled up three-tenths of a penny at $5.816 after trading within a $5.77-5.855 range on the day.
August 4, 2004
LNG Imports Called ‘Huge Prize’ for U.S. E&Ps
The ability to import liquefied natural gas (LNG) into the United States is the “huge prize” oil and gas companies are attempting to grab, but there will only be a few winners at the end of the race, executives said last week.
May 10, 2004
LNG Imports Called ‘Huge Prize’ for U.S. E&Ps
The ability to import liquefied natural gas (LNG) into the United States is the “huge prize” oil and gas companies are attempting to grab, but there will only be a few winners at the end of the race, executives said this week.
May 6, 2004
Cheniere’s FERC Wish List Includes Two More Gulf Coast LNG Import Terminals w/Connecting Pipes
Just in time for the holidays, Cheniere Energy Inc. filed with the Federal Energy Regulatory Commission (FERC) applications for permits to construct liquefied natural gas (LNG) receiving terminals in Sabine Pass, LA and Corpus Christi, TX along with two related natural gas pipelines
February 18, 2004
FERC Approves Use of Basis Differentials in Discounted Rates
FERC issued two draft orders Wednesday that grant pipelines the ability to offer discounted rates based on formulas that include the use of basis differentials, which are the difference between two gas price indexes for different locations on the pipeline grid.
December 22, 2003
FERC Approves Use of Basis Differentials in Discounted Rates
FERC issued two draft orders Wednesday that grant pipelines the ability to offer discounted rates based on formulas that include the use of basis differentials, which are the difference between two gas price indexes for different locations on the pipeline grid.
December 18, 2003
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
