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 Tuesday its member companies have 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.
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UK-based BG Group, already the largest liquefied natural gas (LNG) importer into the United States, on Thursday forecast that by 2007, it will be the biggest player in the Atlantic Basin, and its worldwide equity gas production will be two and a half times current levels.
Cabot LNG, currently the only active liquefied natural gas importer on the East Coast, has entered into a second 20-year charter agreement with Norwegian shipping giant Bergesen for a 138,000 cubic meter LNG carrier. Cabot’s first carrier agreement was completed in November 2000 and both vessels are scheduled for delivery in 2003.