The abundance of domestic liquefied natural gas (LNG) regasification projects is not limited to the Gulf Coast. The northeastern Atlantic Coast has its share of proposed terminals as well. However, given rising construction costs and difficulty in securing LNG supply commitments, their futures are far from certain.
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Articles from Abundance
Energy Hedge Funds Booming in Merchant Sector
Price volatility and an abundance of energy trading talent — available since the collapse of Enron Corp., et al, — have revitalized the merchant energy sector and created a booming opportunity for speculative hedge fund trading, several financial consultants said Thursday.
Energy Hedge Funds Booming in Merchant Sector
Price volatility and an abundance of energy trading talent — available since the collapse of Enron Corp., et al, — have revitalized the merchant energy sector and created a booming opportunity for speculative hedge fund trading, several financial consultants said Thursday.
North Baja Pipeline Open Season Draws Interest in 5.5 Bcf/d
Fueled by the abundance of liquefied natural gas (LNG) receiving terminal proposals in the northwest corner of Mexico, the North Baja Pipeline reported Thursday that its six-month open season for expanded future capacity drew interest totaling about 5.5 Bcf/d. The current pipeline running from the Arizona-California border through the northern end of Baja California Norte is fully subscribed for its 500 MMcf/d capacity.
North Baja Pipelines’ Open Season Cup Runneth Over
Fueled by the abundance of liquefied natural gas (LNG) receiving terminal proposals in the northwest corner of Mexico, the North Baja Pipeline reported Thursday that its six-month open season for expanded future capacity drew interest totaling about 5.5 Bcf/d. The current pipeline running from the Arizona-California border through the northern end of Baja is fully subscribed for its 500 MMcf/d capacity.
NERC Sees Constraints Still Affecting CT, NYC, Long Island
The abundance of new gas-fired power generation added to the North American electric grid will ensure that there is adequate power supply this summer and through 2011, according to the 2003 Summer Assessment by the North American Electricity Reliability Council (NERC). However, there remain several areas of concern in the near-term, including Southern Connecticut, New York City and Long Island.
Distributed Generation,Coal/Nuke Generation Both Get Boost
With the over-abundance of proposed new natural gas power plants, calls for for more distributed generation and renewed interest in coal and nuclear generating plants emerged last week among various energy industry experts and firms bidding to fill developing niche markets.
More LNG Coming to U.S. in 2000
Strong domestic gas prices and an abundance of liquefied naturalgas on the spot market mean more LNG will be flowing to the UnitedStates. In the second LNG purchase announced this week, CMSMarketing, Services and Trading, bought seven additional cargoesfrom Qatar Liquefied Gas (Qatargas).
Marketers Joining, Changing Storage Scene
While the abundance of gas now in storage has analystspredicting soft prices in the coming months, others suggest thecharacter of storage operations will be changing as more and moremarketers take title to storage capacity from LDCs. Storage held bylocal distribution companies and power generators typically hasbeen used to ensure supply. Marketers holding storage or optimizingstorage assets under contract with LDCs see storage as a financialopportunity in addition to a supply insurance policy. Thearbitrageurs will handle their storage differently when suppliesget tight, said Pete Kinsella, Columbia Gas Transmission vicepresident of marketing and volume management.