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Japan to List LNG Futures Contract on Tokyo Commodity Exchange

Bloomberg reports that Japan plans to list an LNG futures contract on the Tokyo Commodity Exchange within the next two years. According to the report, the contract will be the world’s first LNG futures contract, and the Japanese government is expected to ask Singapore and the United States to list similar contracts.

Alaskan Officials Pushing North Slope Producers for Movement on Pipeline and LNG Terminal Project

The Alaska Journal of Commerce reports that Alaska state officials are pushing North Slope producers BP, ConocoPhillips and ExxonMobil, and pipeline company TransCanada to move forward with their pipeline and LNG export terminal project. The report states that Alaska’s governor has requested that the companies agree on commercial terms and use this summer to move into the design...

FERC Releases Supplemental Draft EIS for Downeast LNG Import Project

Today, FERC released a Supplemental Draft Environmental Impact Statement (SDEIS) for the Downeast LNG Project, a proposed LNG import terminal and interconnected pipeline to be constructed in Washington County, Maine. The SDEIS addresses new information regarding the reliability and safety analysis of the proposed LNG terminal and related carrier transit. The SDEIS concludes (1) that...

Sierra Club Requests Stay of FERC Authorization for Sabine Pass Feeder Pipeline

Sierra Club filed a request for rehearing and for stay of FERC’s order granting authorization to Cheniere Creole Trail Pipeline, L.P. to construct facilities to enable bi-directional flow on its pipeline to deliver natural gas to the Sabine Pass LNG terminal for liquefaction and export. Sierra Club alleges that FERC’s order did not adequately consider the potential...

Article Discusses Economic Issues Facing Canadian LNG Terminal Developers

An article in the Calgary Herald discusses recent reports by Ernst & Young and FirstEnergy Capital on the global LNG market, and states that even though Canada’s political stability is attractive to LNG export terminal developers, economics may favor development of such terminals in the United States since converting a U.S. brownfield LNG import terminal to an LNG export...

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