European LNG Headlines
Posted on Feb 27, 2012 in Policy, Legislation and Politics, Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on European LNG Headlines
Milford Haven LNG Opponents to Petition European Parliament (HazardEx)
Blackstone Energy Partners Negotiating for Equity Stake in Sabine Pass LNG Liquefaction Project
Posted on Feb 27, 2012 in Financing, LNG Exports | Comments Off on Blackstone Energy Partners Negotiating for Equity Stake in Sabine Pass LNG Liquefaction Project
Cheniere Energy Partners, L.P. announced this morning that it has entered into exclusive negotiations with Blackstone Energy Partners L.P. and other affiliated companies where Blackstone would purchase $2 billion in newly issued securities to finance the Sabine Pass LNG liquefaction project. The press release also notes that Cheniere Energy Partners, L.P. will purchase the Creole Trail...
State Officials Ask DOT for Rules Addressing LNG Project Locations
Posted on Feb 24, 2012 in Federal Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on State Officials Ask DOT for Rules Addressing LNG Project Locations
Attorneys General Martha Coakley, from Massachusetts, and Peter Kilmartin, from Rhode Island, have renewed their previous request that the U.S. Department of Transportation (DOT) develop regulations that address LNG project locations. A press release from Attorney General Kilmartin provides additional...
Shell and BP Considering LNG Exports from Cove Point LNG Facility
Posted on Feb 24, 2012 in LNG Exports | Comments Off on Shell and BP Considering LNG Exports from Cove Point LNG Facility
Upstream Online (via Fox Business) reports that Shell and BP are in discussions with Cove Point LNG terminal owner Dominion Inc. about LNG exports from the Cove Point facility.
Prison Sentences for Two Participants in Bonny Island LNG Bribery Scheme
Posted on Feb 24, 2012 in Liquefaction, Litigation | Comments Off on Prison Sentences for Two Participants in Bonny Island LNG Bribery Scheme
Albert Stanley, the former CEO of KBR, Inc., and Jeffrey Tesler were sentenced to 30 months and 21 months in prison, respectively, for violations of the Foreign Corrupt Practices Act. The bribery scheme directed more than $180 million in bribes to Nigerian government officials in order to participate in the Bonny Island LNG liquefaction project. Upstream Online provides additional...