Assuming the U.S. natural gas business continues its robust growth, Mexico is likely to shift from being an importer to an exporter of liquefied natural gas (LNG), Sempra Energy International CEO George Liparidis told participants Tuesday at the Wolfe Research Power and Gas Leaders Conference in New York City.
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EIA Says China Becoming World’s Largest Net Oil Importer
The U.S. Energy Information Administration (EIA) said China is projected to pass the United States and become the world’s largest net importer of oil — on a monthly basis by October, and on an annual basis by 2014.
EIA Says China Will Be World’s Largest Net Oil Importer This Fall
The U.S. Energy Information Administration (EIA) said China is projected to pass the United States and become the world’s largest net importer of oil on a monthly basis by October, and on an annual basis by 2014.
Driller Floats Plan for Helium Well in Harley Dome
Federal officials have given a green light for a project in eastern Utah to drill an exploratory well in the Harley Dome natural gas field to capture helium, which, if the operation proves successful, could result in a helping to build supplies of the scarce gas.
Australia Overtook Qatar as Japan’s Top LNG Supplier
The pecking order of liquefied natural gas (LNG) suppliers to Japan, the world’s largest importer of LNG, has shifted. For the first time, Australia has surpassed Qatar to take the No. 1 slot, according to EnergyQuest, a consultancy based in Australia.
India’s Gail, EDF Trading JV to Gain North American Energy Assets
GAIL India Ltd., India’s s state-owned gas utility and a large energy importer, signed an agreement Thursday with global energy trader EDF Trading to acquire and develop oil and gas assets in North America.
EIA: Japan Sets Record for LNG Consumption in Power Generation
Japan, the world’s leading importer of liquefied natural gas (LNG), set a record for using LNG to generate electricity during the first five months of the year in the wake of the earthquake and tsunami, which disabled nuclear facilities in the country, the Energy Information Administration (EIA) reported.
KOGAS Gains Piece of Cordova Embayment Gas Project
South Korea’s state-run Korea Gas Corp. (KOGAS), the world’s largest liquefied natural gas (LNG) buyer, is joining the Cordova Embayment natural gas project in British Columbia.
Pemex Produces Its First Shale Gas
Mexico’s state-owned petroleum company, Petroleos Mexicanos (Pemex), announced Wednesday that it has started producing its first shale gas from a test well in Mexico’s portion of the Eagle Ford Shale play.
Northeast LDC Consortium Increases Access to Canadian Gas
Alberta Northeast Gas Ltd. (ANE), a consortium of 13 local distribution companies (LDCs) in the U.S. Northeast and the largest importer of Canadian natural gas in the region, said last Tuesday its member companies executed binding agreements with TransCanada PipeLines Ltd. and Union Gas for pipeline transportation capacity that will provide them with direct access to the major gas sales and storage hub located in Dawn, ON.