Asian

EIA Eyes New LNG Sources as Regasification Capacity Grows

Natural gas supply imports to the United States fell in 2006 as European and Asian markets offered higher prices for liquefied natural gas (LNG) and volumes available from Canada fell, the Energy Information Administration (EIA) said. However, the government’s molecule counter enumerated global LNG liquefaction developments that will feed all markets, including the U.S.

March 6, 2008

Contango Sells Interest in Freeport LNG Development

Houston-based Contango Oil & Gas Co. is selling its 10% limited partnership interest in Freeport LNG Development LP to an unnamed “major Asian utility company” for approximately $68 million, the company said Tuesday. The sale is subject to the purchaser’s board approval and customary closing conditions.

January 9, 2008
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