Tankers

North American gas producers drowning in oversupply and low prices will be waiting a while before any liquefied natural gas (LNG) export tankers come to their rescue. And even then, whatever modest price support materializes could be overwhelmed by yet more supply growth, some energy analysts are saying.

The Q-Flex MV Mesaimeer, one of the largest liquefied natural gas (LNG) tankers of its kind, arrived last Tuesday at Saint John, NB, to deliver 4.6 Bcf of LNG to the Canaport LNG regasification terminal.

The Q-Flex MV Mesaimeer, one of the largest liquefied natural gas (LNG) tankers of its kind, arrived Tuesday at Saint John, NB, to deliver 4.6 Bcf of LNG to the Canaport LNG regasification terminal.

The U.S. Coast Guard told FERC the waterway proposed for tankers to deliver liquefied natural gas (LNG) to Downeast LNG Inc.’s proposed regas terminal in Maine is suitable if recommended risk mitigation measures are fully implemented.

The U.S. Coast Guard told FERC the waterway proposed for tankers to deliver liquefied natural gas (LNG) to Downeast LNG Inc.’s proposed regas terminal in Maine is suitable if recommended risk mitigation measures are fully implemented.

Capital spending on liquefied natural gas (LNG) is poised to reach new peaks between now and 2012 with $106 billion expected to be spent on export terminals, tankers and import terminals over the next five years, according to research by consultancy Douglas-Westwood Ltd. of the United Kingdom.

The U.S. Coast Guard said last week that the Chesapeake Bay is not suitable for navigation by liquefied natural gas (LNG) tankers but could be made so for the type of traffic associated with the proposed Sparrows Point LNG terminal. Requirements would include armed tanker escorts.

The U.S. Coast Guard said Wednesday that the Chesapeake Bay is not currently suitable for navigation by liquefied natural gas (LNG) tankers but could be made so for the type of traffic associated with the proposed Sparrows Point LNG terminal. Requirements would include armed tanker escorts.

Australia-based Woodside Natural Gas announced Monday it plans to be the first liquefied natural gas (LNG) shipper committed to using United States-flagged tankers in its proposed project for bringing supplies ashore through an underwater pipeline to a receipt point near Los Angeles International Airport (LAX). Woodside expects its proposed project to formally begin local and federal permitting in the next few weeks, a Santa Monica, CA-based spokesperson told NGI Tuesday.