Gas producers who’ve grown weary of low commodity prices might wish their molecules were electrons as the latter form of energy can fetch a better price. After having crunched the numbers at the behest and expense of a gas producer, a small engineering firm believes it can make economic sense to turn gas into power right in the producing field.
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Transportation Notes
A day after it ended an Overage Alert Day (OAD) that had been in effect for the previous five days but warned that another one might become necessary soon, Florida Gas Transmission followed through by issuing a new OAD for market-area customers Wednesday with a 25% tolerance for negative daily imbalances.
Transportation Notes
A day after it ended an Overage Alert Day (OAD) that had been in effect for the previous five days but warned that another one might become necessary soon, Florida Gas Transmission followed through by issuing a new OAD for market-area customers Wednesday with a 25% tolerance for negative daily imbalances.
Analysts: Non-U.S. Ports Enticing LNG Cargoes
Global liquefied natural gas (LNG) markets are stronger than some might have expected as demand in China, India and Latin America is supporting prices, according to Houston-based research firm Zeus Development Corp. And this means LNG regasification terminals in the United States will want for cargoes, according to Barclays Capital analysts.
Researcher Finds Global LNG Demand Strength
Global liquefied natural gas (LNG) markets are stronger than some might have expected as demand in China, India and Latin America is supporting prices, according to Houston-based research firm Zeus Development Corp.
HIOS Might Abandon Some Compression
High Island Offshore System LLC (HIOS) said Monday it might seek to abandon compression facilities on its system to reduce the level of its firm certificated capacity. The notification on the company’s website follows the conclusion of an open season that drew no interest.
Canaport Could Send Out 600 MMcf/d Next Year, Says Repsol Exec
Anyone watching North American natural gas prices might blanch at the thought of christening a liquefied natural gas (LNG) import terminal, but Spain’s Repsol forged ahead recently with the opening of its Canaport facility at Mispec Point, near Saint John, NB. Repsol Energy North America (RENA) President Phil Ribbeck noted that winter is coming and he expects cargo traffic to ramp up soon and into next year.
Repsol Exec: Canaport Volumes to Grow
Anyone watching North American natural gas prices might blanch at the thought of christening a liquefied natural gas (LNG) import terminal, but Spain’s Repsol forged ahead recently with the opening of its Canaport facility at Mispec Point, near Saint John, NB. Repsol Energy North America (RENA) President Phil Ribbeck noted that winter is coming and he expects cargo traffic to ramp up soon and into next year.
Midwest Utilities Stick to Procurement Script
Natural gas prices that some might describe as astronomically low and the unfolding of the North American shale gas story aren’t enough to dissuade the chief executives of at least two Midwestern utilities from their tried-and-true gas procurement strategies.
Despite Volatility, Midwest Utilities Stick to Procurement Script
Natural gas prices that some might describe as astronomically low and the unfolding of the North American shale gas story aren’t enough to dissuade the chief executives of at least two Midwestern utilities from their tried-and-true gas procurement strategies.