Global

George A. Schreiber, former chairman of Credit Suisse First Boston’s (CSFB) Global Energy Group, has been named president and CEO of Semco Energy and has been appointed to the Semco board. Schreiber replaces Marcus Jackson, who resigned in December after the board determined that new leadership was needed because the company had not reached certain financial goals (see Daily GPI, Dec. 4, 2003).

The United States is going to be “the center of activity in the growing, global LNG market” in the years ahead, but first it will need to triple the number of existing terminals for importing liquefied natural gas (LNG) and realign its entire gas supply chain, Energy Secretary Spencer Abraham told foreign energy ministers last Thursday.

The United States is going to be “the center of activity in the growing, global LNG market” in the years ahead, but first it will need to triple the number of existing terminals for importing liquefied natural gas (LNG) and realign its entire gas supply chain, Energy Secretary Spencer Abraham told foreign energy ministers Thursday.

Worldwide spending on the liquefied natural gas (LNG) business is expected to balloon by $39 billion over the next four years, as LNG developers add new liquefaction trains, build new LNG ships and add new LNG import terminals in order to meet growing demand that is led by the United States, according to a new report by UK-based Douglas-Westwood Ltd.

Worldwide spending on the liquefied natural gas (LNG) business is expected to balloon by $39 billion over the next four years, as LNG developers add new liquefaction trains, build new LNG ships and add new LNG import terminals in order to meet growing demand that is led by the United States, according to a new report by UK-based Douglas-Westwood Ltd.

Summer temperatures across the United States are likely to be normal to warmer than normal, but Citigroup Global Markets meteorologists Jon Davis and Mark Russo said they’re not expecting an unusually hot summer.

Summer temperatures across the United States are likely to be normal to warmer than normal, but Citigroup Global Markets meteorologists Jon Davis and Mark Russo said they’re not expecting an unusually hot summer unlike what occurred last year.

Calypso Pipeline, a subsidiary of Enron Global LNG, asked FERC last week for permission to build a $132 million pipeline that would transport up to 832,000 MMBtu/d of regasified liquefied natural gas (LNG) from the Bahamas to an interconnect with Florida Gas Transmission. According to Calypso’s application, the project would provide Florida consumers with “the opportunity to diversify their gas supply options with the installation of minor additional pipeline facilities.”

Calypso Pipeline, a subsidiary of Enron Global LNG, asked FERC last week for permission to build a $132 million pipeline that would transport up to 832,000 MMBtu/d of regasified liquefied natural gas (LNG) from the Bahamas to an interconnect with Florida Gas Transmission (FGT). According to Calypso’s application, the project would provide Florida consumers with “the opportunity to diversify their gas supply options with the installation of minor additional pipeline facilities.”