Sabine Pass LNG Files Construction Progress Report
Posted on May 22, 2013 in Federal Regulation, LNG Exports | Comments Off on Sabine Pass LNG Files Construction Progress Report
Sabine Pass LNG filed its April 2013 report with FERC regarding construction at its LNG export terminal in Cameron Parish, La. The report states that engineering is 55.9% complete, procurement is 48.5% complete, and the overall project is 29.6% complete. The report states that the overall project schedule is progressing ahead of the contractual schedule, with substantial completion...
Moniz Puts Hold on Additional LNG Export Approvals
Posted on May 22, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on Moniz Puts Hold on Additional LNG Export Approvals
The Associated Press reports that U.S. Department of Energy (DOE) Secretary Ernest Moniz told reporters yesterday that he will not approve additional LNG export applications until he has reviewed the DOE studies on the impacts of LNG exports on U.S. gas supplies and prices, as he promised at his confirmation...
Senate Energy Committee Hears Testimony on LNG Exports
Posted on May 21, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on Senate Energy Committee Hears Testimony on LNG Exports
The U.S. Senate Energy & Natural Resources Committee heard testimony from a variety of witnesses at a hearing today on estimates of domestic natural gas supply and the potential benefits or unintended consequences caused by expansion of natural gas exports. According to a Law360 article, U.S. Department of Energy (DOE) acting Assistant Secretary Christopher Smith told the Committee...
New Report Concludes LNG Exports to Have Modest Impact on Domestic Gas Prices
Posted on May 21, 2013 in LNG Exports, Markets and Competition | Comments Off on New Report Concludes LNG Exports to Have Modest Impact on Domestic Gas Prices
A new report from the Bipartisan Policy Center finds that the United States has ample natural gas supplies to meet future demand for natural gas without significant price increases and that U.S. LNG exports will have only a modest impact on domestic gas prices. The report also concludes that domestic gas prices will influence LNG export levels far more than LNG exports will influence...
Tennessee Gas and Mitsubishi Sign Transportation Agreement For Cameron LNG Export Supplies
Posted on May 20, 2013 in LNG Exports, Pipelines | Comments Off on Tennessee Gas and Mitsubishi Sign Transportation Agreement For Cameron LNG Export Supplies
Kinder Morgan announced that its affiliate Tennessee Gas Pipeline (TGP) has signed a 20-year agreement with Mitsubishi Corporation for firm transportation of 600,000 Dth of natural gas per day on TGP’s proposed Southwest Louisiana Supply Project for delivery to the proposed Cameron LNG export terminal in Hackberry,...