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Canadian Government Conditionally Approves Petronas’s Pacific NorthWest LNG Terminal

CBC News reports that the Canadian federal government has approved Petronas’s proposed Pacific NorthWest LNG export terminal near Prince Rupert, British Columbia with 190 legally binding conditions. According to the report, majority sponsor Malaysian state oil company Petronas “initially said it would proceed with the project if the federal government gave its approval, but now the company says it will conduct a ‘total review’ of the project before making a final investment...
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Environmental Assessment for Petronas Project Due Next Monday

CBC News reports that the Canadian Environmental Assessment Agency’s final environmental report on Petronas’s proposed Pacific NorthWest LNG (PNWLNG) export terminal near Prince Rupert, British Columbia is due to be released October 3.  According to its website, PNWLNG announced a positive Final Investment Decision in June 2015, subject to two conditions, the first of which was satisfied on July 21, 2015 after the Project Development Agreement legislation was passed by the Legislative Assembly of British Columbia, and the second of which “is a positive regulatory decision on the...
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U.S. Senators Ask DOE to Slow Down LNG Export Approvals

A group of twelve U.S. Senators has sent a letter to U.S. Secretary of Energy Moniz requesting that “DOE slow its [LNG export] approval process until the full impacts of currently approved exports are realized.”  The letter expresses concerns that LNG exports will increase domestic natural gas prices, noting that “more than 60 percent of 2015 natural gas production has been approved for export, but only a small fraction of that has actually been exported to date.”  The letter states that “[w]e believe it would be prudent for the DOE to first evaluate the impacts of approved...
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Alaska and ConocoPhillips Sign MOU to Market North Slope Gas

The State of Alaska, through the Alaska Gasline Development Corporation (AGDC) and ConocoPhillips Alaska Inc. have executed a Memorandum of Understanding (MOU) regarding negotiations to form a joint venture company (JV) to market LNG from the proposed Alaska LNG project to global LNG markets and acquire North Slope gas, with the goal of bringing LNG buyers and North Slope wellhead sellers together.  According to the press release, AGDC and ConocoPhillips also intend to solicit the other major North Slope producers in the formation of the...
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Sabine Pass Train 2 Reaches Substantial Completion

Cheniere Energy announced that liquefaction Train 2 at its Sabine Pass LNG terminal in Cameron Parish, La., has reached “substantial completion.”  Commissioning has been completed and construction contractor Bechtel “is turning over care, custody, and control of Train 2 to Cheniere Partners.”  The turnover will be done in coordination with planned scheduled maintenance to Train 1 and other facilities.  Under a sale and purchase agreement with Gas Natural Fenosa LNG GOM Ltd. (GNF), the date of first commercial delivery for Train 2 is expected to occur in August 2017.  Prior to...
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DOE Releases July 2016 LNG Import and Export Data

The U.S. Department of Energy (DOE) has released LNG import and export data for July 2016.  The report shows the following shipments of domestically produced LNG from the Sabine Pass LNG terminal in Cameron Parish, La.: one shipment to Spain for $4.51, one shipment to China for $5.60, one shipment to Jordan for $5.60, and two shipments to Chile for $5.60.  Prices are at export point in dollars per MMBtu.    
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Pivotal LNG and Carib Energy Reach Multi-Year Supply Agreement for Puerto Rican Company

Pivotal LNG announced that it has reached a multi-year agreement to sell LNG to Carib Energy LLC, a Crowley Maritime Corp. subsidiary.  Crowley will transport and deliver the LNG in ISO containers from its Jacksonville, Fla. shipping terminal to Molinos de Puerto Rico, a subsidiary of Ardent Mills LLC, Puerto Rico’s “leading supplier of flour as well as wheat, corn and rice-based food ingredients.”  Once delivered, the LNG will be re-gasified and used for power...
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