The governments of Japan and India announced on September 9, 2013, a joint buyer’s group agreement to increase the importation of liquefied natural gas (LNG) in an attempt to offset their rising energy prices. According to Mari Iwata’s report in The Wall Street Journal, the countries plan to ask fellow importers, such as South Korea and Singapore, to join the
UPS (ticker: UPS) plans to purchase approximately 700 liquefied natural gas (LNG) vehicles and build four refueling stations by the end of 2014. Upon completion, UPS says they will have the most extensive private LNG fleet in the U.S. The four fueling stations require an initial investment of more than $18 million and will be located in Knoxville, Nashville and
Cheniere Energy Partners, L.P. (NYSE MKT: CQP) announced today that its subsidiary, Sabine Pass Liquefaction, LLC (“Sabine Liquefaction”), has entered into a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Centrica plc (“Centrica”) under which Centrica has agreed to purchase 91,250,000 MMBtu of annual LNG volumes upon the commencement of Train 5 operations. These volumes represent approximately 1.75 million metric tons per annum (“mmtpa”),
NATURAL GAS INVENTORY (Week Ended 7/20/12) Current: 3,189 Bcf Actual Injection/(Withdrawal): 26 Bcf Economist Average Estimate: 26 Bcf Previous: 3,163 Bcf Click here for the chart with five year averages. NATURAL GAS IN THE MEDIA *Loss Of Free Carbon Permits Make Centrica Stations Unprofitable – Bloomberg The loss of free-of-charge European Union carbon permits next year will make an unspecified
