Potentially

Widely expected, potentially drastic shrinkage of Canadian supplies as a factor in the international natural gas market is still only a forecast on paper instead of the reality in the pipelines, according to records of Canada’s National Energy Board (NEB).

Encana Corp. has joined its Horn River producer peers Apache Corp. and EOG Resources Inc. in the Kitimat liquefied natural gas (LNG) export terminal project on the west coast of central British Columbia (BC) and its associated gas pipeline. Encana is taking a 30% stake in the project, which will target Asian markets with western Canadian gas supplies.

San Diego County air pollution regulators are battling California officials over the state’s contention that imported liquefied natural gas (LNG) potentially is raising pollution levels, and they want San Diego Gas and Electric Co. (SDG&E) to do something about it. SDG&E contends that there is no problem and it can’t stop the flow of gas imports anyway.

Texas State Sen. Wendy Davis (D-Fort Worth) has filed several natural gas-related bills to potentially be considered during the 82nd session of the Texas Legislature, which begins Jan. 11.

Cheniere Energy Partners LP’s Sabine Pass Liquefaction LLC said it is in talks to potentially provide bi-directional liquefied natural gas (LNG) capacity at its Sabine Pass LNG terminal in Cameron Parish, LA, to a company that would distribute the gas in China.

Republicans are expected to pick up a number of seats in Tuesday’s midterm election, potentially taking control of the House of Representatives and coming close to attaining majority in the Senate, according to energy analysts. Despite the anticipated shift in power, energy is likely to remain a back-burner issue in the lame-duck session and in fiscal year (FY) 2011.

While current lower prices and potentially boundless natural gas resources are helping to make the United States once again an attractive manufacturing site, companies like Dow Chemical are withholding new commitments until they see government policies leading to a stable market for the long term.

While current lower prices and potentially boundless natural gas resources are helping to make the United States once again an attractive manufacturing site, companies like Dow Chemical are withholding new commitments until they see government policies leading to a stable market for the long term.

Natural gas drillers continue to generate returns in lower-cost unconventional basins, but “range-bound gas prices…may potentially disrupt current activity” in the second half of the year, Halliburton CEO Dave Lesar said Monday.