Soon

It appears likely that the government of the Bahamas will soon grant final approval to Virginia-based AES Corp.’s proposed liquefied natural gas (LNG) import project on the man-made industrial island of Ocean Cay. “Had the prime minister not taken ill, it probably would have been done this week,” Leslie Miller, Minister of Trade and Industry for the Bahamas, told NGI in an interview last week.

It appears likely that the government of the Bahamas will soon grant final approval to Virginia-based AES Corp.’s proposed LNG terminal on the man-made industrial island of Ocean Cay. “Had the prime minister not taken ill, it probably would have been done this week,” Leslie Miller, Minister of Trade and Industry for the Bahamas, told NGI in an interview on Thursday.

The buzz out West that Southern California could be facing power outages, perhaps as soon as this summer, was called into question by a Fitch Ratings analyst last Wednesday, who noted that such an outcome depends on a lot of things going wrong at the same time.

Cash-heavy energy producers have to begin making some capital investments soon if they expect liquefied natural gas (LNG) and Arctic gas to make up the projected natural gas shortfall in North America, said a senior analyst at BP North America Gas & Power last week.

Cash-heavy energy producers have to begin making some capital investments soon if they expect liquefied natural gas (LNG) and Arctic gas to make up the projected natural gas shortfall in North America, said a senior analyst at BP North America Gas & Power this week.

Because North America’s appetite for natural gas shows no signs of letting up anytime soon, policy makers need to take swift steps to deal with pipeline capacity constraints, liquefied natural gas (LNG) siting problems, production bottlenecks and gas storage concerns, says a new trilateral report by senior energy officials from the United States, Canada and Mexico.

Because North America’s appetite for natural gas shows no signs of letting up anytime soon, policy makers need to take swift steps to deal with pipeline capacity constraints, liquefied natural gas (LNG) siting problems, production bottlenecks and gas storage concerns, says a new trilateral report by senior energy officials from the United States, Canada and Mexico.

Columbia Gas of Ohio customers may soon be able to lock in natural gas prices for three years under a plan unveiled by Centrica subsidiary Direct Energy.

While merchant industry “consolidation is inevitable,” NRG Energy CEO David Crane doesn’t see much action anytime soon. “I look around to see people to consolidate with, I see a lot of debt.” And, having emerged from bankruptcy with “a balance sheet on the edge of being sustainable,” Crane is not inclined “to go back into balance sheet soup.”