LNG - Page 3 of 4 - New Energy Events

Jamaican Old Harbour plant financing takes shape
January 5, 2017
A financing package for the $300 million Old Harbour Bay power station project in St Catherine, Jamaica, approved by the National Environment and Planning Agency in March, is understood to be taking shape, IJGlobal exclusively shared last month. A syndicate of four banks is said to be participating in a financing led by local bank National […]
Jamaica energy minister says acquisition of LNG significant
November 22, 2016
The arrival of LNG to Jamaica signals a significant effort to continue with diversification of energy sources on the Caribbean island. Already having the largest wind and solar installations in the English-speaking Caribbean, the Government is attempting to drive down the cost of energy and provide cleaner options to the people of Jamaica. Minister of […]
Bogue LNG plant to open within two weeks
October 26, 2016
The much anticipated Bogue LNG plant will open in the next two weeks, as announced by Jamaican Prime Minister Andrew Holness. New Fortress Energy has invested $750 million to supply LNG to JPS’s Bogue Plant. The first shipment of LNG arrived in Montego Bay LNG terminal on Saturday, October 22. Read more here.
BP to ship first LNG cargo through Panama Canal
June 30, 2016
In late July the Panama Canal will add LNG to the commodities that pass through its locks. A US$5.3 billion expansion project aimed at getting giant-sized tankers from one ocean to the other will open a new trade route for heating and power-plant fuel. The Panama Canal Authority said the upgraded facility will look to […]
Government defends decision to buy LNG from US
June 27, 2016
The decision in Bridgetown to import LNG from the United States rather than neighboring CARICOM country, Trinidad & Tobago, is being defended as a “top up” solution to shortages during the winter tourist months. Minister in the Office of the Prime Minister with responsibility for Energy, Darcy Boyce, said that the “very, very small quantities” […]
Barbados lone Caribbean country to purchase LNG from US
June 27, 2016
Amidst renewable energy growth in the Caribbean, Barbados is the lone country to import LNG from the U.S. According to a United States Department of Energy report, Barbados imported 7, 432 million cubic feet (Mcf) of LNG during the period February 5 to April 29, 2016. The U.S. currently sells LNG to countries such as […]
LNG exports from Trinidad and Peru losing steam
May 20, 2016
The two remaining producers of LNG in Latin America, Trinidad & Tobago and Peru, are facing the deterioration of a key industry due to upstream issues, low oil and gas prices, and weakening macroeconomics in both countries, says Interfax Global Energy. The challenges of selling LNG into an oversupplied market are compounded by the falling […]
AES, Eagle LNG, Fortress Line-Up for Gas Marketers Session at CREF 2016
May 16, 2016
Jamaica and the Dominican Republic are among those markets in the region which are forging a path to a resilient energy matrix through the development of renewables – as well as investment in gas infrastructure. Touted by some as a transition fuel and by others as a long-term source of baseload, this will examine the […]
Jamaica to go live with LNG in mid-August
April 28, 2016
Kelly Tomblin, CEO of the Jamaica Service Company stated the the conversation of Jamaica’s Bogue plant to liquefied natural gas (LNG) will be completed by mid-August. According to Tomblin, construction is nearly 95% complete at this time. “We are excited to convert Bogue. We have always maintained that fuel diversity is critical. It is all […]