Mackenzie

A separate arena has been created for a duel over constitutional aspects of Canada’s northern pipeline plan, sparing the beleaguered Mackenzie Gas Project (MGP) a potentially lengthy further regulatory delay.

A separate arena has been created for a duel over constitutional aspects of Canada’s northern pipeline plan, sparing the beleaguered Mackenzie Gas Project (MGP) a potentially lengthy further regulatory delay.

A tropical storm now forming in the Atlantic Basin is “a storm with the potential we are really looking out for,” a Wood Mackenzie energy analyst said Wednesday. If the developing storm becomes the next hurricane, to be named Ernesto, “it has a much more favorable pathway to affect Gulf of Mexico (GOM) production” and “could turn into a threat by the end of this week potentially,” said Eugene Kim, Wood Mac’s senior analyst for North American natural gas research.

Without innovations that can reduce gas demand from oilsands development in Canada or significant new supply from the Mackenzie Delta region, some analysts are predicting that Canadian gas exports to the United States could tumble by as much as 5.5 Bcf/d (63%) by 2020.

Without innovations that can reduce gas demand from oilsands development in Canada or significant new supply from the Mackenzie Delta region, some analysts are predicting that Canadian gas exports to the United States could tumble by as much as 5.5 Bcf/d (63%) by 2020.

While domestic supply concerns will make increased liquefied natural gas (LNG) imports necessary, David Morrison, chairman of Wood Mackenzie, said he doesn’t expect to see much of a change in domestic gas prices.

Don’t count on a multitude of new liquefied natural gas (LNG) import terminals and a flood of LNG collapsing domestic gas prices, said James Trifon, Wood Mackenzie’s managing consultant for North America LNG. Most of the import terminals planned won’t make it, and the underlying tight domestic supply situation will continue to support the market, he said in a preview of a presentation to be given at GasMart on March 18 in New Orleans (see http://www.gasmart.com/).

Don’t count on a multitude of new liquefied natural gas (LNG) import terminals and a flood of LNG collapsing domestic gas prices, said James Trifon, Wood Mackenzie’s managing consultant for North America LNG. Most of the import terminals planned won’t make it, and the underlying tight domestic supply situation will continue to support the market, he said in a preview of a presentation to be given at GasMart on March 18 in New Orleans (see http://www.gasmart.com/).

Aboriginal politics, formerly a lethal snare in northern Canada, will not be allowed to trip up the Mackenzie Gas Project, a ruling by the National Energy Board has confirmed.