Liquefied natural gas for the U.S. market is becoming more viable with each passing week, and yesterday, a Houston-based company firmed up its plans to build the first of three Gulf Coast receiving terminals, while an international company announced it is negotiating with several U.S. buyers for its future Egyptian LNG supplies.
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Topsy-Turvy Week in FL Ends with Gulfstream Sale
While the political battleground in Florida grew bloodier witheach passing day last week, natural gas pipelines eager to servethe growing market reached a truce agreement of sorts that callsfor Duke Energy and Williams to purchase the proposed GulfstreamNatural Gas System from The Coastal Corp. and ditch their competingBuccaneer Pipeline project for the state.
Topsy-Turvy Week in FL Ends with Gulfstream Sale
While the political battleground in Florida grew bloodier witheach passing day last week, natural gas pipelines eager to servethe growing market reached a truce agreement of sorts that callsfor Duke Energy and Williams to purchase the proposed GulfstreamNatural Gas System from The Coastal Corp. and ditch their competingBuccaneer Pipeline project for the state.
Producers Rack Up Frequent-Flyer Helicopter Miles Again
Hurricane Georges took aim at the Gulf of Mexico Friday afterpassing the southern tip of Florida, and producers and pipelineswere responding. The pace of platform evacuations and productionshut-ins accelerated rapidly following tentative starts in theMobile Bay area Thursday. Evacuation reports extended as far westas the West Cameron area off southwest Louisiana. As of late Fridayafternoon a hurricane watch was in effect from Morgan City, LA, toSt. Marks, FL.