Article Provides Overview of U.S. LNG Market Conditions
Posted on Dec 12, 2012 in Markets and Competition | Comments Off on 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
Posted on Dec 11, 2012 in LNG Exports | Comments Off on 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
Posted on Dec 11, 2012 in LNG Exports, Markets and Competition | Comments Off on 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recent report on the macroeconomic effects of LNG exports, calling the report “flawed, misleading, and based on outdated, inaccurate and incomplete economic data.”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
Posted on Dec 10, 2012 in State and Local Issues | Comments Off on 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
Posted on Dec 10, 2012 in Federal Regulation, LNG Exports | Comments Off on 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...