LNG's Future Effect on Southeast U.S. Gas Markets
and Transportation
Day 1: November 16, 2005: The key ojective for
day one is to tour and review of Elba Island's expansion
and new storage. Elba gives an opportunity to view first
hand how technology has advanced in 25 years. Their
new 160,000-cubic-meter tank contains almost as much
as the other three tanks combined. At noon, we will
board the Georgia Queen Paddle Boat at the host hotel,
the Westin Savannah Harbor Hotel, and cruise up the
Savannah River. We will hear a presentation from the
project manager from El Paso and tour the terminal and
expansion. Lunch and a post-tour reception will be provided
on the paddle wheeler.
Day 2: November 17, 2005: The key objectives
for day two are to review and discuss the challenges
for southeastern gas markets and the opportunities presented
by LNG and pipeline expansions. The audience will hear
from the management of existing terminals and pipelines
as well as proposed terminals and pipelines. We will
also review Atlantic Ocean LNG supply capabilities,
matching them to proposed terminals and discuss the
role for Middle Eastern LNG. The day will be concluded
with a reception for speakers and attendees to discuss
key conclusions from the day's presentations.
Day 3: November 18, 2005: The objectives for
day three are first to learn of the impact Hurricanes
Katrina and Rita on terminal siting requirements. A
key issue is what effect if any the hurricanes are having
on the timeline for completing proposed terminals in
Pascagoula and offshore Alabama. We will then learn
from major gas consumers, including Florida Power &
Light, Atlanta Gas Light and Duke Energy, their perspectives
on energy supply and demand in the southeast. The conference
will conclude at noon Friday.
Click here for complete agenda.
LNG will have a profound impact on gas and power markets
in the Southeastern United States. As one analyst noted,
the region is unique with limited gas storage, large
consumers downstream of bottlenecks, significant planned
pipeline expansions, demand driven by gas-fired power
and questions as to whether developers can successfully
establish new LNG terminals. Existing terminals (e.g.,
Cove Point, MD) have already altered flows on some systems,
such as Columbia Gas. Power, distribution and industrial
demand are as important to the market balance as gas
infrastructure and increased LNG volumes - especially
in the context of high natural gas prices and their
associated power prices.
The eight states that comprise the Southeast (Florida,
Georgia, Alabama, Mississippi, South Carolina, North
Carolina, Virginia and Tennessee) consume some seven
billion cubic feet of natural gas daily with the largest
market in weather-sensitive Florida. Large pipelines
also cross the region headed eastward and northeastward.
With Cove Point and Elba expanding, and new projects
planned in the eastern Gulf of Mexico and the Bahamas,
this conference will address such questions as how will
the market change, what can be expected in five to ten
years, what investments will be made to improve gas
supply, and what's missing to ensure a steady and stable
market.
For more information, contact
, 713-952-9500.
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