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Article Provides Overview of U.S. LNG Market Conditions

An article in The Washington Post provides an overview of the LNG market in the United States, including historical developments and future outlook.

PETRONAS and Progress Energy Resources Announce Canadian LNG Growth Plans

PETRONAS and Progress Energy Resources Corp. (Progress) issued a statement welcoming the Canadian government’s recent approval of the acquisition of Progress by PETRONAS Carigali Canada Ltd. The companies stated that their growth plans include three major Canadian investment components: the construction of the Pacific Northwest LNG export facility on Lelu Island in the District of Port...

Dow Chemical CEO Criticizes DOE LNG Export Study

Dow Chemical Company (Dow) released a statement from its chairman and chief executive officer, Andrew N. Liveris, criticizing the U.S. Department of Energy’s recent report on the macroeconomic effects of LNG exports, calling the report “flawed, misleading, and based on outdated, inaccurate and incomplete economic data.” Liveris stated that the report, which concluded...

Gulf LNG Energy Receives Tax Exemption

Jackson County, Miss. supervisors unanimously approved a 10-year tax exemption for Gulf LNG Energy of nearly $828.5 million in true property value. Read more in the Gulflive article.

Cameron LNG Files Formal FERC Application Export Project

Cameron LNG, LLC (“Cameron LNG”) filed its formal FERC application to site, construct, and operate new liquefaction and export facilities at the site of the existing Cameron LNG export terminal located in Cameron Parish, La. The proposed liquefaction facility would consist of three liquefaction trains each with a capacity sufficient to enable the export of 4 million metric tons per...

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