Slowed

Saying worldwide demand and relatively low prices in the United States have slowed deliveries of liquefied natural gas (LNG) to its Texas terminal, Freeport LNG Development LP is looking to reverse the spigot by seeking permission to export previously imported LNG to Europe and Asia.

Saying worldwide demand and relatively low prices in the United States have slowed deliveries of liquefied natural gas (LNG) to its Texas terminal, Freeport LNG Development LP is looking to reverse the spigot by seeking permission to export previously imported LNG to Europe and Asia.

An early spring thaw — or break-up season as it’s known in Canada — has slowed work in the country’s oil patch, improving the odds that it will be a down year for drilling, energy experts said last week.

An early spring thaw — or break-up season as it’s known in Canada — has slowed work in the country’s oil patch, improving the odds that it will be a down year for drilling, according to energy experts.

The ascent slowed down considerably, but prices extended this week’s rally into a third straight day Wednesday. As on the week’s first two trading days, awesome strength in energy futures and Southern air conditioning load continued to be primary drivers of cash market firmness.

The rate of incidents involving natural gas transmission and distribution pipelines appears to have slowed in the first half of this year, according to statistics from the Department of Transportation’s Office of Pipeline Safety (OPS).

Expansion of the U.S. natural gas pipeline grid slowed substantially in 2004 with only 7.7 Bcf/d of capacity added, but the current inventory of proposed projects indicates that major growth will take place between 2005 and 2007, with potentially as much as 44.4 Bcf/d of new capacity added to the national network, the Energy Information Administration (EIA) said Tuesday in a new report.

Gas pipeline and storage expansions slowed considerably in 2003 in part because of customer creditworthiness issues, higher steel prices and a slow down in power generation development, according to a new report by the Energy Information Administration (EIA). EIA tallied 49 pipeline projects with 10 Bcf/d of pipeline capacity additions ($3.6 billion in investment), and nine storage projects adding 19 Bcf of working gas storage capacity in 2003.

Gas pipeline and storage expansions slowed considerably in 2003 in part because of customer creditworthiness issues, higher steel prices and a slow down in power generation development, according to a new report by the Energy Information Administration (EIA). EIA tallied 49 pipeline projects with 10 Bcf/d of pipeline capacity additions ($3.6 billion in investment), and nine storage projects adding 19 Bcf of working gas storage capacity in 2003.