Global demand for liquefied natural gas (LNG) is growing more than twice as fast as overall gas demand and about six times faster than demand for oil; however, North America and the Atlantic Basin in general are playing a comparatively smaller role in the LNG boom, according to a new analysis by Tudor, Pickering, Holt & Co. Securities Inc. (TPH).
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U.S. Trails Pacific Basin, Europe in Global Gas Growth, Say Analysts
Global demand for liquefied natural gas (LNG) is growing more than twice as fast as overall gas demand and about six times faster than demand for oil; however, North America and the Atlantic Basin in general are playing a comparatively smaller role in the LNG boom, according to a new analysis by Tudor, Pickering, Holt & Co. Securities Inc. (TPH).
U.S. Trails Pacific Basin, Europe in Global Gas Growth, Say Analysts
Global demand for liquefied natural gas (LNG) is growing more than twice as fast as overall gas demand and about six times faster than demand for oil; however, North America and the Atlantic Basin in general are playing a comparatively smaller role in the LNG boom, according to a new analysis by Tudor, Pickering, Holt & Co. Securities Inc. (TPH).
Canada Accelerates Regulatory Reviews
Canadian regulatory approvals will be completed as much as a year faster for natural gas and oil projects such as long-haul pipelines as a result of an efficiency measure adopted by the Conservative regime in Ottawa, the National Energy Board (NEB) predicted.
Canadian Regulator Predicts Faster Reviews With New Measure
Canadian regulatory approvals will be completed as much as a year faster for natural gas and oil projects such as long-haul pipelines as a result of an efficiency measure adopted by the Conservative regime in Ottawa, the National Energy Board (NEB) predicted.
Canadian Regulator Predicts Faster Reviews With New Measure
Canadian regulatory approvals will be completed as much as a year faster for natural gas and oil projects such as long-haul pipelines as a result of an efficiency measure adopted by the Conservative regime in Ottawa, the National Energy Board (NEB) predicted.
2010 Gas Prices Are For the Bears
A Tudor, Pickering, Holt & Co. (TPH) analyst last week cut the 2010 average natural gas price forecast to $6.20/Mcf, down from an earlier forecast of $7.50, because of the faster-than-expected pickup in domestic onshore drilling. That news was followed Wednesday by an IHS Cambridge Energy Research Associates (CERA) analyst, who predicted Henry Hub gas may fall below $4/Mcf by the end of this year.
2010 Gas Prices Are For the Bears
A Tudor, Pickering, Holt & Co. (TPH) analyst on Tuesday cut the 2010 average natural gas price forecast to $6.20/Mcf, down from an earlier forecast of $7.50, because of the faster-than-expected pickup in domestic onshore drilling. That news was followed Wednesday by an IHS Cambridge Energy Research Associates (CERA) analyst, who predicted Henry Hub gas may fall below $4/Mcf by the end of this year.
2010 Gas Prices Are For the Bears
A Tudor, Pickering, Holt & Co. (TPH) analyst on Tuesday cut the 2010 average natural gas price forecast to $6.20/Mcf, down from an earlier forecast of $7.50, because of the faster-than-expected pickup in domestic onshore drilling. That news was followed Wednesday by an IHS Cambridge Energy Research Associates (CERA) analyst, who predicted Henry Hub gas may fall below $4/Mcf by the end of this year.
Gas Drilling Uptick ‘Worrisome,’ Says Barclays
The U.S. natural gas rig count is showing a much faster-than-expected recovery, which is worrisome and could result in more supply than needed in 2010, Barclays Capital analysts said last week.