America can bank on plentiful domestic natural gas, but should expect a continued reliance on foreign oil, according to oil and gas decision-makers who participated in a new Deloitte survey. Three-quarters of the survey respondents think the United States is already natural gas self-sufficient, or will be within 10 years. When it comes to oil, [...]
Low domestic natural gas prices have led to savings of almost $250 billion for natural gas customers over the past three years. The American Gas Association (AGA) released a study entitled “Identifying Key Economic Impacts of Recent Increases in U.S. Natural Gas Production” which credits the recent success of shale gas production in the United [...]
A recently completed analysis of the U.S. and Canadian Natural Gas Vehicle Market found that while there are cost and infrastructure challenges to the broader use of Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) vehicles, demand for natural gas vehicles has increased. Using 2009 numbers, it was found that the amount of natural gas [...]
Trans Adriatic Pipeline (TAP) issued today a statement regarding the current gas supply shortfalls in Europe. “The extreme cold weather that Europe is presently facing has boosted gas demand, putting energy supplies under strain. In the past couple of days Russian gas supplies to Europe have fallen sharply, due to increase of own demand. In [...]
![Australia: WA Premier Urges Environmentalists to See the Bigger Picture]()
Environmentalists risk losing sight of the bigger issues affecting the Kimberley by focusing on a “tiny plot of land” near Broome planned… (ninemsn) Source: ninemsn, October 6, 2011
![Tighter LNG Market Could See Spot Europe Gas Close on Oil Link, Analysts Say]()
A tighter global LNG market could see spot European gas prices move closer towards … (platts) Source: platts, September 19, 2011
![Suez, Panama Canals to See Greater LNG Traffic as Western Economies Improve]()
On February 17, representatives from both the Suez and Panama canals have agreed to speak at a Houston conference hosted by Zeus Development Corp to discuss plans for expansions, tolls, and capabilities to assist world liquefied natural gas (LNG) trade. LNG trade is expanding and carrier traffic through the canals is expected to increase as [...]
![Russia: Sakhalin May See Another LNG Plant]()
Sakhalin Region could see a new LNG plant built in the future, Sakhalin governor Aleksandr Khoroshavin said Friday in response to a journali… (oilandgaseurasia) Source: oilandgaseurasia, December 24, 2010;
![US May See More LNG Export Terminals]()
JPMorgan Chase & Co, the second-biggest US bank, said the US may see more “development plans” for natural gas liquefaction terminals if low… (gulf times) Source: gulf times, August 18, 2010;
![UK: Traders See Slight Growth in August LNG Imports]()
Atlantic basin LNG traders were sceptical on Thursday that the recent fall in the front-month NBP price was driven by a glut of LNG schedule… (ICIS Heren) Source: ICIS Heren, July 22, 2010;
