|
| | GasMart: Buyers Beware, ConocoPhillips Exec Says |
 With big cutbacks in North American natural gas production and new pipeline capacity coming on for the once-captive Midcontinent gas supplies, gas buyers will have to be on their toes to prepare for what may be intense competition later this year, a ConocoPhillips executive said Wednesday. (more) |
|
| Mocek Sees Stiff Commodities Regulation Ahead |
| New regulations coming to the commodities markets near you are likely to drive more transactions onto electronic trading platforms for clearing and provide the public with more aggregated data on market movements, a former Commodity Futures Trading Commission (CFTC) official told the 450 attendees at GasMart 2009 in Chicago. In Washington "there is a significant amount of momentum going into modifying every aspect of the way the OTC markets operate." (more) |
|
| GasMart 2009: Canadian Gas Export Declines Challenge Producers, Pipes |
| Canadian natural gas exports to the Lower 48 are down and likely to decline even more in the short term, and that poses "significant challenges" for the country's operators to remain competitive, a Nexen Inc. executive said Wednesday. (more) |
|
| Gazprom Plans 3-5 Bcf/d of LNG Exports to North America, NGI Reports |
| Up to 1.5 Bcf/d of Russian liquefied natural gas (LNG) could make its way to North America by the end of this year, with more on the way long term, the managing director of Gazprom Marketing & Trading USA Inc. (GM&T) told gas buyers and sellers recently at the GasMart 2009 conference and trade show. (more) |
|
| Bennett: 6 Bcf/d Gas Brawl Coming to Southeast Supply Area |
| It's no secret that the natural gas industry is long on supply and, thanks to the recession, currently short on market. Complicating the picture are the shifting geography of supply sources as producers target unconventional basins, and pipeline capacity constraints, which are expected to periodically push prices down further and put a ceiling on high prices, the founder of Bentek Energy LLC said Wednesday. (more) |
|
| Integrys Utility Chief: Gas Is a Permanent Solution |
| Natural gas is not just a bridge to renewables but rather is the fuel of the future in an era when beating global warming tops agendas in Washington, DC, and gas producers have stoked supplies with unconventional drilling success, a leading utility executive said Wednesday. (more) |
|
| End-Users Minding Their Costs and Interests |
| The recession has delivered to natural gas end-users some of the lowest commodity prices they've seen in years. However, the gift comes with the curse of sharply reduced demand for their own products in many cases. Of course, end-users are still buying fuel and feedstock, just less of it. And they're still vigilant in defending their interests when it comes to supply procurement. (more) |
|
| Market Experts Urge GasMart Attendees to Lock in Gas Prices NOW! |
| While market experts at GasMart 2009 in Chicago could not come to a consensus on when natural gas prices would move higher in a meaningful way, they did agree that when they do, the market will rocket higher and buyers would be longing for the days when they could have locked in supply in the $3.50-4.50/MMBtu range. (more) |
|
|
| Expect more shut-ins by year’s end, producers say |
 Despite rig counts that have fallen 55% since October, more cuts in gas production are needed this year to bring the market into balance, producers … (more) |
|
| Ex-CFTC official predicts regulatory ‘carpet-bombing’ |
| Commodity dealers should brace themselves for a blitz of new federal regulation that will place undue burdens on traders while giving … (more) |
|
| Gazprom to begin trading gas in US late this year, officials tell conference |
| The US arm of Russia’s Gazprom expects to begin trading gas in the US by October, company officials said this week. (more) |
|
| gazprom cometh (gulp) |
 Say what you will about this year’s GasMart, we think those Gazprom Marketing and Trading guys stole the show. Why? It’s actually a little complicated. (more) |
|
| Natural gas tags in doldrums; analysts at odds on when they’ll shoot up |
 New York – Many experts seem to agree that there is nowhere for natural gas prices to go but up, according to speakers at a recent industry conference. (more) |
|
| Russia’s Gazprom has its sights set on the North American market |
| New York – The Russians are coming! (more) |
|
| Natural gas glut is creating market mayhem: Bentek’s Bennett |
| New York – The rig count may be off dramatically, but that doesn't mean production is falling across the board or that supplies are dropping … (more) |
|
| Stimulus may help but customers, producers hurting: Integrys exec |
| New York – Energy distributor Integrys Energy Group Inc. may not be getting much in the way of federal stimulus dollars, but that doesn't mean … (more) |
|
| Gazprom exec sees big future for LNG imports, others tout NA exports |
| New York – Gazprom's John Hattenberger may stoke some controversy when he shares his views on Ukrainian-Russian relations. (more) |
|
|
