In just the past few weeks companies from China, France and Japan have purchased large holdings in the Eagle Ford, Utica and Marcellus Shales.
More at Bloomberg.Japan Gas
Natural Gas Price Extremes
“Global natural gas prices vary considerably from one region to another. Since the beginning of 2010, North American prices have been relatively low, Asian prices relatively high, and northwest European prices in between.” Quoted from the Energy Information Administration article.
More at Energy Information Administration.
Japan’s Shift to Fossil Fuels
Immediately after Japan was hit with a devastating earthquake and tsunami plans were underway to replace much of the country’s nuclear power generating capacity with fossil fuels. This New York Times article explores how this is being done and at what cost.
More at New York Times.
Natural Gas to Asia from Kitimat, BC
Natural gas prices in Asia are three times higher than prices in North America. Natural gas producers, Apache, Encana and EOG Resources hope to cash in on that by building a liquefied natural gas plant near Kitimat, British Colombia that will prepare …
More at Business Week.
LNG Import Prices Rising in Japan
The cost of liquefied natural gas (LNG) being imported by Japan has been rising sharply since the earthquake and tsunami damaged of their nuclear power generating capacity. Quoted from the Energy Information Administration article.
More at Energy Information Administration.
Renegotiating LNG Contracts in Japan
The largest natural gas distributor in Japan is renegotiating all of is contracts with LNG suppliers. More at Bloomberg.com.
Japan Getting into Natural Gas Shales
Japan has a very small amount of fossil fuel resources and produces just 16% of the energy that it consumes. Now, energy supply companies in Japan are looking for opportunities in the global shale gas market. More at the Daily Yomiuri Online.
