Hawaiian Electric Delays LNG Shipping Plans for Two Years
Posted on Jun 4, 2015 in State and Local Issues | Comments Off on Hawaiian Electric Delays LNG Shipping Plans for Two Years
Pacific Business News reports that due to the drop in oil prices, Hawaiian Electric Company has delayed plans to ship LNG to the state for two years, shifting until 2019 the date it would begin shipments....
IEA Report: No Operational B.C. LNG Export Projects Likely Within the Next 5 Years
Posted on Jun 4, 2015 in Canada & Mexico, Liquefaction, LNG Exports | Comments Off on IEA Report: No Operational B.C. LNG Export Projects Likely Within the Next 5 Years
The Financial Post reports that the International Energy Agency (IEA) has released a report forecasting that none of the LNG export terminal projects proposed for British Columbia will be operational within the next five years. The report notes that none of the sponsors of the 19 or so proposed projects have yet to make a final investment decision (FID), and predicts that FID...
Corpus Christi Liquefaction Requests Initiation of FERC Pre-Filing Review Process for Expansion
Posted on Jun 3, 2015 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on Corpus Christi Liquefaction Requests Initiation of FERC Pre-Filing Review Process for Expansion
Corpus Christi Liquefaction (CCL) has filed a request with FERC to initiate the pre-filing environmental review process for its proposed Stage 3 expansion project at the CCL LNG export terminal under construction near Corpus Christi, Texas. Under the Stage 3 project, CCL intends to construct, among other things, two ConocoPhillips Optimized CascadeSM LNG liquefaction trains, each...
Sempra LNG and Woodside Sign MOU for Potential Development of Port Arthur LNG Export Terminal
Posted on Jun 3, 2015 in Liquefaction, LNG Exports | Comments Off on Sempra LNG and Woodside Sign MOU for Potential Development of Port Arthur LNG Export Terminal
Today, Sempra LNG, a unit of Sempra Energy, announced that it has executed a non-binding Memorandum of Understanding (MOU) with an affiliate of Australian company Woodside Petroleum Ltd. (Woodside) to commence discussions and assessments for the potential development of Sempra LNG’s proposed Port Arthur LNG liquefaction and LNG export project in Port Arthur, Texas. Port Arthur...
Low LNG Prices Could Delay New LNG Export Terminal Projects
Posted on Jun 2, 2015 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Low LNG Prices Could Delay New LNG Export Terminal Projects
Bloomberg reports that Dave McCurdy, President of the American Gas Association, told reporters last week that the recent five-year low prices for LNG in Asia and Europe could cause delays for new LNG export terminals as they face a harder time negotiating economically viable sales and purchase contracts to support their projects....