Giving

Giving energy market participants a more detailed snapshot of the types of market participants and their current positions in an effort to boost market transparency, the U.S. Commodity Futures Trading Commission (CFTC) last week rolled out more than three years of history of disaggregated data included in their weekly Commitments of Traders (COT) reports.

Giving energy market participants a more detailed snapshot of the types of market participants and their current positions in an effort to boost market transparency, the U.S. Commodity Futures Trading Commission (CFTC) this week rolled out more than three years of history of disaggregated data included in the weekly Commitments of Traders (COT) reports.

U.S. receipt terminal operators may be buoyed by the Standard & Poor’s Ratings Services (S&P) announcement last Monday that it was giving an “A” credit rating to the expansion of liquefied natural gas (LNG) liquefaction facilities in Qatar, which could become an increasingly important supplier to the United States. S&P placed a “stable” outlook on the Qatari government and ExxonMobil joint venture developing LNG processing infrastructure, Ras Laffan LNG Co.

U.S. receipt terminal operators may be buoyed by the Standard & Poor’s Ratings Services (S&P) announcement Monday that it was giving an “A” credit rating to the expansion of liquefied natural gas (LNG) liquefaction facilities in Qatar, which could become an increasingly important supplier to the United States. S&P placed a “stable” outlook on the Qatari government and ExxonMobil joint venture developing LNG processing infrastructure, Ras Laffan LNG Co.

The 1 Bcf/d Canaport LNG terminal has marked its official opening, giving Spain’s Repsol YPF greater access to U.S. and Canadian natural gas markets. The liquefied natural gas (LNG) terminal received its first cargo in June (see NGI, June 22). It can supply up to 20% of New York and New England’s gas demand, according to Repsol. The terminal facility has the capability to store 9.9 Bcf of gas in liquefied form. Canaport LNG is the first to be completed of 10 key projects included in Repsol’s 2008-2012 strategic plan. It is the first land-based LNG receiving and regasification terminal built on the East Coast of North America in 30 years and the first LNG receiving and regasification terminal in Canada. Repsol partnered with Fort Reliance, Irving Oil’s parent company and owner of Canada’s largest oil refinery, in the construction of the terminal. Repsol is the managing general partner with a 75% stake and has contracted for 100% of the plant’s capacity. Repsol began selling gas in the Northeastern United States in 2008. The company said it plans to quadruple its global volumes of LNG sold by 2012.

The 1 Bcf/d Canaport LNG terminal marked its official opening Thursday, giving Spain’s Repsol YPF greater access to U.S. and Canadian natural gas markets.

Recovering from Thursday’s 30-cent swoon and giving the recent rally a second lease on life, October natural gas futures pushed higher again during Friday’s regular session to close at $3.778, up 32 cents from Thursday’s finish and 81.8 cents higher than the previous week’s close.

GreatPoint Energy Inc. and Dow Chemical Co. have struck a deal giving Dow the option to purchase natural gas from future GreatPoint facilities that would produce gas from coal through a catalytic process called hydromethanation.

GreatPoint Energy Inc. and Dow Chemical Co. have struck a deal giving Dow the option to purchase natural gas from future GreatPoint facilities that would produce gas from coal through a catalytic process called hydromethanation.