Trinidad’s Energy Minister Eric Williams told Reuters New Service this week that Trinidad and Tobago is considering investing in a liquefied natural gas (LNG) import terminal in the United States. He did not say whether an existing or proposed terminal was being considered. Trinidad is the largest supplier of LNG to the United States. The Atlantic LNG joint venture, which includes The National Gas Company of Trinidad, BP, BG Group, Repsol and Tractebel, currently has three LNG supply trains operating and a fourth under construction. Trinidad and Tobago produces about 2.8 Bcf/d currently, and the government expects output to rise to about 3 Bcf/d by the end of the year.
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M&A Activity Driven By Growth, More Exploration
Should the energy industry expect more mergers and acquisitions?Eric Mullins, a former Houston Oiler football player and nowmanaging director of Goldman Sachs, said he didn’t have to go outon “much of a limb” to answer that question. “Maybe I’ll just say’yes’ and sit down,” he told attendees of Arthur Andersen’s EnergySymposium in Houston last week..
M&A Activity Expected to Continue
Should the energy industry expect more mergers and acquisitions?Eric Mullins, a former Houston Oiler football player and nowmanaging director of Goldman Sachs, said he didn’t have to go outon “much of a limb” to answer that question. “Maybe I’ll just say’yes’ and sit down,” he told attendees of Arthur Andersen’s EnergySymposium in Houston yesterday.
Avista Targeting Growth Through Technology
Avista Corp. is counting on technology businesses for growth andsees its Internet-based bill consolidation business as the frontdoor to a nationwide marketing presence. During press briefingslast week in Houston and Washington, DC, executives outlinedAvista’s continuing evolution.