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An aerial view of the Cameron LNG terminal in Hackberry, La. Sempra Energy is the majority owner of Cameron LNG. (Photo: Cameron LNG)

85 gas projects dying on the vine as LNG’s promise falls short

Consulting firm IHS Inc. says only one in every 20 projects planned are actually necessary by 2025 as weakening Asia economies, cheap coal, the return of nuclear power in Japan and the ever-expanding glut of shale supply in North America temper demand for the power-plant fuel, putting tens of billions of dollars worth of export projects at risk.

Crude swept up in global equity rally, U.S. dollar sell-off

With a hat-tip to birthday boy Scott Bakula, risk-on markets have made a quantum leap higher this week, and are continuing this trend today. Broader markets are full of the joys of spring fall as we move into the throes of earnings season, with headlines touting the strong rally in global equities this week. ‘FTSE […]
Categories: Asia, Gasoline, LNG
Midstream companies including Kinder Morgan, which operates this processing facility in Galena Park, are taking a hit in the stock market as oil prices fall. (Chronicle photo)

Kinder Morgan project faces delay

Planned expansions of Kinder Morgan pipelines that would supply gas to a proposed LNG export terminal in Georgia may be delayed by one month as the company awaits government approval for the projects.
An LNG tanker (Tomohiro Ohsumi/Bloomberg)

LNG boosters tout it as a cleaner, greener alternative to burning coal overseas

Even when U.S. natural gas is super-chilled into a liquid form, shipped by tanker around the globe, and burned to generate electricity, it producers fewer greenhouse gas emissions than the coal it often displaces, according to an industry analysis released Monday.
(Tomohiro Ohsumi/Bloomberg)

Company announces plans for major LNG facility in Cameron

Baton Rouge-based G2 LNG LLC. announced on Monday that it plans to construct an $11 billion liquefied natural gas export facility on the ship channel in Cameron Parish.
In an undated handout photo, Carl Icahn, chairman of Icahn Enterprises, during the Institutional Invester Delivering Alpha conference. Icahn has been pressuring Apple to return more money to shareholders, most recently by  by posting a letter he had sent to Timothy Cook, Apple's chief executive, on his website. (Heidi Gutman/CNBC via the New York Times) -- NO SALES; FOR EDITORIAL USE ONLY WITH STORY SLUGGED APPLE ICAHN BY ALEXANDRA STEVENSON and BRIAN X. CHEN. ALL OTHER USE PROHIBITED.

Icahn ups stake in Cheniere again

Icahn, an investor famous for buying into large companies and pushing management toward policies intended to benefit shareholders, now owns 11.43 percent of Houston’s Cheniere Energy, according to documents filed by the U.S. Securities and Exchange Commission.
Alaska's North Slope.  (Jennifer A. Dlouhy / The Houston Chronicle)

Alaska’s Walker brushes aside reserves tax criticism

Gov. Bill Walker on Friday brushed aside criticism from Republican lawmakers that they were blindsided by his call to reinstate the gas reserves tax during the upcoming special session.
Alaska Gov. Bill Walker (AP Photo/Mark Thiessen, File)

Gas pipeline is focus of Alaska special session

Alaska Gov. Bill Walker on Thursday called lawmakers into special session to kick-start stalled consideration of the Alaska natural gas pipeline project

Cheniere signs another deal to ship LNG to France

U.S. natural gas exports mark the strength of a recent production boom. The nation has transitioned from constructing gas import terminals prior to 2008, to become the largest producer of petroleum and natural gas in the world last year, thanks to advances in extracting the fuel from shale deposits.
Categories: LNG
(Tomohiro Ohsumi/Bloomberg)

Gas markets are clamoring for more LNG ships

Hybrid ships, called Floating Storage and Regasification Units, or FSRUs, offer emerging nations from Egypt to Pakistan a cheaper, quicker way to attack power shortages by importing liquefied natural gas.
Categories: LNG, Markets