Dominion Cove Point LNG Submits Construction Status Report
Posted on Apr 22, 2015 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Dominion Cove Point LNG Submits Construction Status Report
Dominion Cove Point LNG has submitted a report to FERC on the status of construction of its LNG export terminal in Lusby, Md. As of the period ending March 2015, engineering is 77.7% complete, procurement is 78% complete, and construction is less than 2% complete....
Canada Proposes to Extend Gas Export Licenses to 40 Years
Posted on Apr 22, 2015 in Canada & Mexico, LNG Exports, Policy, Legislation and Politics | Comments Off on Canada Proposes to Extend Gas Export Licenses to 40 Years
Bloomberg reports that the Canadian budget for 2015 released yesterday includes a proposal to extend gas export licenses from the current 25 years to 40 years and provide tax breaks on investment in LNG facilities....
Freeport LNG Expects to Make Final Investment Decision on Train 3 Next Week
Posted on Apr 22, 2015 in Financing, Liquefaction, LNG Exports | Comments Off on Freeport LNG Expects to Make Final Investment Decision on Train 3 Next Week
Argus Media reports that Freeport LNG chief executive Michael Smith stated yesterday that a final investment decision (FID) is expected next week on LNG liquefaction Train 3 at Freeport LNG’s export terminal on Quintana Island, near Freeport, Texas. According to the report, South Korean utility SK E&S and Japanese company Toshiba have each signed contracts for 2.2 million...
Obama Administration Releases Quadrennial Energy Review on Energy Infrastructure
Posted on Apr 21, 2015 in Environmental, Policy, Legislation and Politics | Comments Off on Obama Administration Releases Quadrennial Energy Review on Energy Infrastructure
Today, the Obama Administration, through the U.S. Department of Energy, has released its first installment of its Quadrennial Energy Review, which “examines how to modernize the Nation’s energy infrastructure to promote economic competitiveness, energy security, and environmental responsibility and take full advantage of American innovation and the new sources of domestic energy...
Alaska Governor Vetoes Bill Limiting Pipeline Options
Posted on Apr 20, 2015 in LNG Exports, Pipelines, State and Local Issues | Comments Off on Alaska Governor Vetoes Bill Limiting Pipeline Options
On Friday, Alaska Governor Bill Walker vetoed HB 132, which restricts the Alaska Gasline Development Corporation from actively working on any gas line project other than the Alaska LNG Project. Walker stated that the bill “prevents the state from having an adequate backup plan should the [Alaska LNG Project] not proceed.” The State of Alaska is partner in the Alaska LNG Project with...