Freeport LNG Announces Closing of Third Train Financing
Posted on Apr 28, 2015 in Financing, Liquefaction, LNG Exports | Comments Off on Freeport LNG Announces Closing of Third Train Financing
Today, Freeport LNG Expansion, L.P. (Freeport LNG) announced that its subsidiary, FLNG Liquefaction 3, LLC, successfully closed on debt financing commitments of approximately $4.56 billion in capital required for the construction of the third liquefaction train at Freeport LNG’s export terminal on Quintana Island near Freeport, Texas. With closing on financing, Freeport LNG issued a...
United States and Japan Welcome Future U.S. LNG Exports
Posted on Apr 28, 2015 in LNG Exports, Policy, Legislation and Politics | Comments Off on United States and Japan Welcome Future U.S. LNG Exports
Today, as part of a broader expansion of bilateral economic and people-to-people ties, the White House released a Fact-Sheet reaffirming the United States’ and Japan’s commitment to enhance their longstanding partnership by, among other things, “[w]elcom[ing] the prospect of U.S. liquefied natural gas exports in the future since additional global supplies will benefit Japan and other...
FERC Publishes Updated Summaries of U.S. LNG Terminals
Posted on Apr 28, 2015 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Publishes Updated Summaries of U.S. LNG Terminals
FERC recently posted on its website updated summaries of (i) existing, (ii) proposed, (iii) potential, and (iv) approved U.S. LNG import and export terminals. The summaries can be found here....
Parallax Energy Acquires Louisiana LNG Energy LLC
Posted on Apr 28, 2015 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Parallax Energy Acquires Louisiana LNG Energy LLC
The Houston Business Journal reports that Parallax Energy, 100% owner of Live Oak LNG LLC, has acquired Louisiana LNG Energy LLC (LLNGE), proponent of the Mississippi River LNG liquefaction facility and LNG export terminal on the Mississippi River, downstream from the Port of New Orleans. LLNGE’s proposed project is currently in the pre-filing environmental review stage before FERC. ...
FERC Releases Environmental Review Schedule for Floridian Natural Gas LNG Storage Project
Posted on Apr 27, 2015 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Releases Environmental Review Schedule for Floridian Natural Gas LNG Storage Project
FERC has released the schedule for its environmental review of Floridian Natural Gas Storage’s (FNGS) proposed liquefaction and LNG Storage project near Indiantown in Martin County, Fla. FNGS proposes to amend its existing authorizations by changing one 4 Bcf full containment storage tank to a 1 Bcf single containment tank and by reducing the associated vaporization capacity...