Shares of BP plc shot up 7.57% to close at $38.92 Thursday — the first day since the April 20 Deepwater Horizon rig catastrophe that the company has been able to choke off all of the oil flowing from the ruptured well.
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Analysts: Offshore Liquefaction Offers Tap for Stranded Gas
With liquefaction — not regasification — recognized as the choke point in the supply chain for liquefied natural gas (LNG), a number of companies are looking at developing offshore liquefaction. Benefits of offshore versus onshore liquefaction are lower costs and quicker construction, according to a research note from Citigroup Global Markets.
Analysts: Offshore Liquefaction Offers Tap for Stranded Gas
With liquefaction — not regasification — recognized as the choke point in the supply chain for liquefied natural gas (LNG) a number of companies are looking at developing offshore liquefaction. Benefits of offshore versus onshore liquefaction are lower costs and quicker construction, according to a research note from Citigroup Global Markets.
Difficult Social/Regulatory Issues Have Choke Hold on Mackenzie Valley Project
While the Alaska pipeline will cost three times more than the Mackenzie Valley Pipeline to build and is at least twice as complex with several more governments involved and with very rugged terrain to build through in Northern Alaska, TransCanada PipeLines CEO Hal Kvisle is more pessimistic about the eventual development of the much smaller, technically easy Mackenzie Valley project.