Decade

Natural gas demand in New England, particularly for power generation, has grown rapidly over the last decade, and the addition of a liquefied natural gas (LNG) import terminal would provide the greatest enhancement to gas supply reserve margins in the region, according to a new report by the Power Planning Committee of the New England Governors’ Conference.

The liquefied natural gas (LNG) business is poised for a period of strong growth through the rest of this decade, with capital expenditures worldwide totaling nearly $67 billion, according to a report released Thursday by energy analysts Douglas-Westwood.

The liquefied natural gas (LNG) business is poised for a period of strong growth through the rest of this decade, with capital expenditures worldwide totaling nearly $67 billion, according to a report released Thursday by energy analysts Douglas-Westwood.

For a utility that has spent millions of dollars and more than a decade to boost its environmental programs, Pacific Gas and Electric Co. now can tout its 33-story headquarters building in downtown San Francisco as another ecological resource of immense value since two nesting endangered peregrine falcons set up a permanent household atop the building and are nurturing their second group of eggs over the past 12 to 15 months. The scene has attracted widespread attention from local news media, academia and bird lovers in California.

Asian demand will fuel liquefied natural gas (LNG) growth in this decade, but in the long run, the Atlantic basin, particularly the United States, will witness the greatest growth, according to a new Industry Outlook report by Moody’s Investors Service.

Asian demand will fuel liquefied natural gas (LNG) growth in this decade, but in the long run, the Atlantic basin, particularly the United States, will witness the greatest growth, according to a new Industry Outlook report by Moody’s Investors Service.

Asian demand will fuel liquefied natural gas (LNG) growth in this decade, but in the long run, the Atlantic basin, particularly the United States, will witness the greatest growth, according to a new Industry Outlook report by Moody’s Investors Service.

Over the last decade of weekly natural gas storage reports, industry prognosticators have turned withdrawal/injection forecasting into a science, but since the Energy Information Administration (EIA) took over the survey from the American Gas Association in May 2002, the storage forecasts of 34 top firms, including five energy companies, 28 financial houses and one energy consulting firm, still have been off by about 13.2 Bcf/week on average, according to a new study.

After increasing only marginally for the past several years, U.S. demand for natural gas is “likely to rise sharply in the next 10 years” as a series of gas-fired power plants come on line, according to Moody’s Investors Service.