Natural Gas

NY Gov. Andrew Cuomo rejects proposed gas terminal off coast

LONG BEACH, N.Y. (AP) — Gov. Andrew Cuomo has rejected a proposal to build a liquefied natural gas terminal in the waters off New York and New Jersey, effectively killing the project amid an outcry from residents of some coastal communities that it could endanger the environment and be a target for terrorists.

The deep-water docking station known as Port Ambrose was to be built 19 miles off Jones Beach on Long Island and 29 miles off Long Branch, New Jersey. Liberty Natural Gas LLC, the company vying to develop Port Ambrose, said the port would allow it to inject natural gas into the New York-area pipeline, which could lower home heating bills there, among the most expensive in the nation.

TransCanada to build another natgas pipeline in Mexico


The $500 million Tuxpan-Tula Pipeline, which will bring Texas natural gas from Mexico's Gulf coast into Hidalgo state, will be the Canadian pipeline giant’s fifth major system in Mexico, FuelFix reports.

EIA sees lower natural gas prices in 4Q


Spot natural gas prices at Henry Hub in the fourth quarter should average $2.34 per million British Thermal Units, according to the Energy Information Administration, which has lowered the projections it made a month ago by 49 cents, Platts reports.

Israel wants majors to help explore offshore gas

The Wall Street Journal

Energy minister Yuval Steinitz says he has met with executives from more than 20 companies—including Royal Dutch Shell and Exxon Mobil Corp.—to see if he can pique their interest in exploring for more natural gas off the Israeli coast, The Wall Street Journal reports.

Kinder Morgan moving into gas marketing in Mexico


Kinder Morgan says it is joining up with TrailStone to create a natural gas marketing company in Mexico, targeting commercial customers in Monterrey among other areas, FuelFix reports.

Turkmenistan and Afghanistan to lay new pipeline

ASHGABAT, Turkmenistan (AP) — Presidents of Turkmenistan and Afghanistan have met to launch the construction of a pipeline that will pump natural gas from Turkmenistan through Afghanistan, Pakistan and India.

Turkmenistan is believed to have the world's fourth-largest gas reserves, but currently exports almost all of it to China.

Natural gas producers elsewhere worried about Utica

Pittsburgh Post-Gazette

Success in the Utica Shale might kill off drilling in rival shale plays, if its wells produce enough gas at a low enough cost to keep natural gas prices depressed, the Pittsburgh Post-Gazette reports.

Proposed ocean gas terminal off NY, NJ faces opposition

LONG BEACH, N.Y. (AP) — Environmentalists and some residents of coastal communities are fighting a proposed liquefied natural gas transfer point in the waters off New York and New Jersey, saying it could endanger the environment and be a tempting target for terrorists.

But Canada-based Liberty Natural Gas LLC says the proposal to develop the deep-water docking station known as Port Ambrose will help bring in more supplies of clean energy and lower some of the most expensive home heating bills in the nation.

Resistance on the land: Natural gas pipeline plans opposed

ROCKY MOUNT, Va. (AP) — Carolyn and Ian Reilly and their four children left Florida's sprawl in 2010 to farm 58 acres in rural Virginia, raising beef cattle, chicken and hogs. Then a year ago, they learned a natural gas pipeline would slice through part of their farm and their lives took another dramatic turn.

They've shooed pipeline surveyors from their pastures, made anti-pipeline signs for a protest at the county courthouse and at appearances by the Virginia governor. They've also kept up pressure on local officials.


US rig count declines by 4 this week to 771, oil rigs down 6

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. this week declined by four to 771.

Houston's Baker Hughes said Friday that 572 rigs were seeking oil -- a decline of six -- and 199 explored for natural gas. A year ago, with oil prices about double the prices now, 1,925 rigs were active.


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