Word: lng
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Dates: during 2000-2009
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...competitors in the Persian Gulf and the Caspian. Says the Eurasia Group, a risk consultancy in Washington, in its research note on Thursday: "Gazprom increasingly has an incentive to lock in a share of the Chinese market, as it sees growing competition from Central Asian suppliers as well as LNG suppliers such as Australia, Qatar and even Papua New Guinea...
...much had no alternative. Without a pipeline or even facility to receive natural gas on the West Coast, it had no way of reaching the lower 48 states. As a result, producers sent whatever wasn't used locally - 28% of total output last year - to a Liquified Natural Gas (LNG) plant on the Kenai Peninsula, where gas was chilled to a liquid state and put on tankers for Japan and other Pacific rim countries...
...since this past May, some of Alaska's gas could have wound up in domestic hands. San Diego-based Sempra Energy opened the first LNG terminal on the West Coast of North America. The Mexican facility, a $975 million project, is tied directly to the gas pipeline system that leads to California, Texas and Arizona...
...Alaskan LNG plant is owned by Marathon Oil and ConocoPhillips, which asked the Department of Energy in 2007 for permission to export about 100 billion cubic feet of gas to Asia over two years from the roughly 300 billion cubic feet of gas that is likely to be produced. The overseas connection not only provides an outlet for fuel produced beyond the limited needs of Alaska, it is highly profitable - LNG prices in the Pacific rim can run twice as high as those...
...education projects, spoke on the eve of the 6th Doha Conference on Natural Gas. He outlined Qatar's phenomenal rise within the global energy industry, which has seen the country become the world's largest supplier of liquefied natural gas as well as remaining a major oil producer. LNG production has gone from zero to 32 million tons annually and is expected to hit 77 million tons by 2010. Qatari oil production, meanwhile, has jumped from 350,000 barrels per day in 1995 to nearly 1 million barrels per day now. Although the fear factor has brought huge revenue windfalls...