Mexico aims to invest about $85 million in two infrastructure projects intended to shore up natural gas supply on the southeast Yucatan Peninsula, which suffers from persistent gas shortages and blackouts.
Peninsula
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Pipeline Extension Would Bring More NatGas to Yucatan Peninsula
GDF SUEZ Mexico and GE Energy Financial Services (GEFS) are partnering to extend the Mayakan pipeline in the Yucatan Peninsula, where Mexico’s state-owned electric utility, Comision Federal de Electricidad (CFE), has agreed to use 300 MMcf/d of natural gas in power plants currently using diesel and fuel oil.
Industry Briefs
Not enough excess natural gas is available in Alaska’s Cook Inlet to support liquefied natural gas (LNG) exports to continue from the Kenai LNG Plant on the Kenai Peninsula, according to operator ConocoPhillips. The producer said it would allow the plant’s export license to expire on March 31. “For the future, ConocoPhillips will consider pursuing a new export authorization only if local gas needs are met, and there is sufficient gas for export,” the company stated. “ConocoPhillips still has the flexibility to resume operations and apply for a new export authorization if sufficient gas becomes available.” The plant was to be mothballed after selling LNG to Japan for more than 40 years, but operations were extended to meet the country’s increased demand for gas following the meltdown of the Fukushima Daiichi nuclear plant (see Daily GPI, Aug. 21, 2012). Separately, developing a large-scale LNG export facility is now a key component of Alaska’s plans to commercialize North Slope gas reserves (see Daily GPI, Dec. 12, 2012).
ConocoPhillips Shipping Spot Cargoes of LNG to Japan
Three liquefied natural gas (LNG) shipments have been sent to Japan out of the Kenai LNG plant on Alaska’s Kenai Peninsula in recent weeks, according to operator ConocoPhillips.
Alaska LNG Terminal to Run Next Year
Once slated for mothballing, the Kenai LNG (liquefied natural gas) plant on Alaska’s Kenai Peninsula will begin exporting LNG again next year, operator ConocoPhillips said.
Alaska Producer Takes Option on LNG Facility
Sydney, Australia-based producer Buccaneer Energy Ltd. has signed a contract to supply natural gas to ConocoPhillips’ liquefied natural gas (LNG) facility on Alaska’s Kenai Peninsula, about 10 miles northwest of Buccaneer’s 100% owned Kenai Loop project. The deal gives Buccaneer the flexibility to flow gas from its Cook Inlet drilling while it awaits the completion of a nearby gas storage facility.
Alaska, Kenai Peninsula LNG Owners Strike License Agreement
The State of Alaska has agreed to support a two-year extension of the federal export license for the liquefied natural gas (LNG) plant on the Kenai Peninsula. The agreement includes provisions that address the need for additional gas supplies for Southcentral Alaska.
Alaska, Kenai Peninsula LNG Owners Strike License Agreement
The State of Alaska has agreed to support a two-year extension of the federal export license for the liquefied natural gas (LNG) plant on the Kenai Peninsula. The agreement includes provisions that address the need for additional gas supplies for Southcentral Alaska.
LNG Peak-Shaving Plant Slated for FL
Because it’s a peninsula with limited access to gas pipelines, Florida is subject to supply volatility that can drive up prices under certain conditions such as when hurricanes threaten the Gulf of Mexico. A Houston-based start-up company has plans to capture some of that volatility with a new $325 million liquefied natural gas (LNG) peak-shaving storage facility.
LNG Peak-Shaving Plant Slated for FL
Because it’s a peninsula with limited access to gas pipelines, Florida is subject to supply volatility that can drive up prices under certain conditions such as when hurricanes threaten the Gulf of Mexico. A Houston-based start-up company has plans to capture some of that volatility with a new $325 million liquefied natural gas (LNG) peak-shaving storage facility.