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April 2006 41 LNG Solutions Group Launches First Service Det Norske Veritas (DNV), Sutherland Asbill & Brennan LLP, and Ziff Energy Group have formed the LNG Solutions Group to provide a range of integrated services for LNG stakeholders that face the opportunities and challenges of bringing natural gas supply to North America. LNG Solutions Group members have served numerous key natural gas and LNG stakeholders, from the wellhead to the burner tip, such as AES, Alaska, BP, Chevron, Dominion, Duke, Enbridge, El Paso, ExxonMobil, Gas Metro, HydroQuebec, Iroquois Pipeline, Irving Marathon, Morgan Stanley, Rhode Island, Shell, Statoil, Tractebel, TransCanada and Williams. "Our law firm often is asked to advise LNG clients about the business, market, operational and risk manage- ment implications of regulatory and contractual issues," said Jake Dweck, LNG Group chair of Sutherland Asbill & Brennan LLP. "With the LNG Solutions Group, we are now in a posi- tion to ensure that our clients receive the best integrated advice regarding every project or issue." The LNG Solutions Group aims to provide comprehensive guidance and insight in the fast evolving LNG envi- ronment. "While the adequacy of LNG infrastructure here has been the focal point until recently, we now anticipate more than adequate North American regasification capacity, primarily in the Gulf of Mexico, supplemented by strate- gic facilities in Mexico and Canada feeding nearby US markets," said Paul Ziff, CEO of the Ziff Energy Group. "The major challenge for the U.S. today involves the timing and availability of liquefaction sources abroad, including the anticipated supply draw and price competition from European and Asia Pacific markets. Other factors affecting the US market include the newly announced deal for Alaskan gas, the fits and starts of the emerging global short- term and spot trade, and continuing interchangeability concerns." Chinese Yards to Build More LNG Tankers Chinese shipbuilders are gearing up to build liquefied natural gas (LNG) tankers as the government approves more projects to import the fuel. China's first home-built LNG tanker will be completed in November by Shanghai's Hudong-Zhonghua Shipbuilding Company, which has orders for three more at about $200 mil- lion apiece. Teekay Pursues FPSO Projects Teekay Shipping announced an agree- ment with PGS Production AS to form a joint venture company called Teekay Petrojarl Offshore that will focus on pur- suing opportunities in the market for Mobile Production Solutions with emphasis on developing solutions through Floating Production Storage and Offloading (FPSO) units. 7 H I T E ! V E N U E " E L O I T 7 I S C O N S I N s 5 3 ! s 4 E L n s & A X n s W W W F A I R B A N K S M O R S E C O M % N G I N E S & A I R B A N K S - O R S E % N G I N E H A S B E E N M A N U F A C T U R I N G M E D I U M S P E E D D I E S E L E N G I N E S F O R M A R I N E A P P L I C A T I O N S F O R O V E R Y E A R S ! P P L I C A T I O N S I N C L U D E T U G S W O R K B O A T S D R E D G E S l S H I N G V E S S E L S . A V Y A N D # O A S T ' U A R D S H I P S A N D A W I D E R A N G E O F O T H E R V E S S E L S O P E R A T I N G I N I N L A N D W A T E R S A S W E L L A S T H E W O R L D S O C E A N S & R O M - 7 T O - 7 E A C H E N G I N E I S B A C K E D B Y A N ) 3 / C E R T I l E D Q U A L I T Y A S S U R A N C E P R O G R A M A N D F A C T O R Y D I R E C T S U P P O R T 3 E R V I C E & A I R B A N K S - O R S E % N G I N E O F F E R S A F U L L R A N G E O F S E R V I C E P R O G R A M S & A C T O R Y D I R E C T R O U T I N E A N D E M E R G E N C Y S E R V I C E I S A L W A Y S A V A I L A B L E W O R L D W I D E & A I R B A N K S - O R S E % N G I N E A L S O H A S T H E C A P A B I L I T I E S T O C U S T O M I Z E A S E R V I C E C O N T R A C T T H A T C A N B E T A I L O R E D T O M E E T A W I D E V A R I E T Y O F O P E R A T I O N A L P R O l L E S 0 A R T S & A I R B A N K S - O R S E % N G I N E I S T H E / % - A N D A U T H O R I Z E D P A R T S A N D S E R V I C E O R G A N I Z A T I O N F O R # O L T 0 I E L S T I C K / P P O S E D 0 I S T O N & - ! , # / A N D & - - ! . " 7 E N G I N E S & A I R B A N K S - O R S E % N G I N E I S Y O U R O N L Y S O U R C E F O R Q U A L I T Y / % - R E P L A C E M E N T P A R T S T O M A I N T A I N F A C T O R Y L E V E L F U E L C O N S U M P T I O N H O R S E P O W E R A N D O V E R A L L P E R F O R M A N C E - A R I N E 0 R O P U L S I O N A N D % L E C T R I C A L ' E N E R A T I O N Circle 233 on Reader Service Card LNG From the top: Paul Ziff, CEO, Ziff Energy; and Jake Dweck, Sutherland Asbill & Brennan LLP. MR APRIL2006 #6 (41-48).qxd 4/3/2006 1:49 PM Page 41
