Natural gas-hungry Japan is knocking on Alaska’s door, but the world’s third-largest economy won’t wait forever for liquefied North Slope gas — or pay dearly for it. The message to state lawmakers and the energy industry: hurry up with cost-competitive supply — or you’ll add even more years to the decades-long effort to commercialize those long-stymied gas reserves.
Hungry
Articles from Hungry
Japan Won’t Knock Forever on Alaska’s LNG Door
Natural gas-hungry Japan is knocking on Alaska’s door, but the world’s third-largest economy won’t wait forever for liquefied North Slope gas — or pay dearly for it. The message to state lawmakers and the energy industry: hurry up with cost-competitive supply — or you’ll add even more years to the decades-long effort to commercialize those long-stymied gas reserves.
Military Jet Engines for Fracking Get Mixed Reaction
For industry and government officials in North Dakota hungry for new ways to reduce the nearly 30% of the state’s associated natural gas that is flared, it is unclear if an innovative approach from a Louisiana-based oil/gas field services firm using converted military helicopter jet engines will prove to be a panacea anytime soon.
Japan: Gas-Oil Price Link Has Lost ‘Rationality’
Leading liquefied natural gas (LNG) importers Japan and India on Wednesday launched a project to research global LNG pricing, AFP reported. The energy-hungry countries pay far more than Henry Hub prices for their imported gas because their supply contracts are linked to oil prices, and they said recently that they would like alternative pricing structures.
Alaska Producer Begins Flowing Gas
Production began last Saturday from Buccaneer Energy Ltd.’s Kenai Loop No. 1 well in gas-hungry Southcentral Alaska. The well is expected to produce up to 5 MMcf/d during the next two to three months while performance is monitored.
Quicksilver Turns to Barnett MLP to Raise Cash
Liquidity-hungry Quicksilver Resources Inc. is creating a master limited partnership (MLP) with a portion of its Barnett Shale assets, the Fort Worth-based producer said last Wednesday. Proceeds from an initial offering would be used to retire debt.
Quicksilver Turns to Barnett MLP to Raise Cash
Liquidity-hungry Quicksilver Resources Inc. is creating a master limited partnership (MLP) with a portion of its Barnett Shale assets, the Fort Worth-based producer said Wednesday. Proceeds from an initial offering would be used to retire debt.
Task Force: In-State Alaska Gasline Would Cost Billions
An in-state Alaska natural gas pipeline from the North Slope to markets in the state’s gas-hungry Southcentral region could cost up to $11 billion and the state would have to foot some of the bill through subsidies or partial ownership, a task force examining such a project told state lawmakers Monday.
Canadian Technology Venture Working to Unlock Deep, Tight Shale
While Canadian natural gas producers slow drilling until prices rise, and hungry field contractors cut service rates, an Alberta applied science agency with a long pedigree of success has set out to sow seeds for the next generation of production.
Canadian Technology Venture Working to Unlock Deep, Tight Shale
While Canadian natural gas producers slow drilling until prices rise, and hungry field contractors cut service rates, an Alberta applied science agency with a long pedigree of success has set out to sow seeds for the next generation of production.