EIA Projects Record High Natural Gas Production and Consumption for 2016
Posted on Mar 9, 2016 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on EIA Projects Record High Natural Gas Production and Consumption for 2016
Reuters reports that U.S. natural gas production in 2016 is expected to reach a record high of 79.68 Bcf/day according to the U.S. Energy Information Administration’s (EIA) March 2016 Short-Term Energy Outlook. The forecast would be the sixth consecutive annual record high for U.S. gas production. Natural gas consumption is projected to increase to 76.79 Bcf/day, which would be the...
Coalition of Scientists Urge Rejection of Pacific Northwest LNG Draft Environmental Assessment
Posted on Mar 9, 2016 in Canada & Mexico, Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on Coalition of Scientists Urge Rejection of Pacific Northwest LNG Draft Environmental Assessment
The Globe and Mail reports that more than 130 scientists have signed a letter to Canadian Environment Minister Catherine McKenna requesting that she reject a “scientifically flawed” draft environmental assessment for the proposed Pacific NorthWest LNG export terminal near Lelu Island, British Columbia. According to the article, the draft assessment found that the LNG export terminal...
Petronas Releases Statement on Pacific NorthWest LNG Export Project
Posted on Mar 9, 2016 in Canada & Mexico, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Petronas Releases Statement on Pacific NorthWest LNG Export Project
Malaysian state oil company Petronas, primary sponsor of the proposed Pacific NorthWest LNG export terminal in British Columbia, issued a press release stating that it “is proactively taking steps to mature the project towards its Final Investment Decision” and, once a federal environmental assessment report is completed, it will review the report’s findings and the LNG market outlook...
Report: Planned U.S. LNG Export Terminals Face Market Uncertainty
Posted on Mar 7, 2016 in Federal Regulation, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Report: Planned U.S. LNG Export Terminals Face Market Uncertainty
The U.S. Department of Energy, Energy Information Administration, has released a brief overview of the status of U.S. LNG export terminals. The report notes that “[m]arket conditions have changed since many LNG export projects in the United States were initially proposed[,]” and planned terminals “face not only increased competition from other domestic and foreign terminals that have...
Venture Global Plaquemines LNG Files Application to Export to FTA and Non-FTA Nations
Posted on Mar 4, 2016 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Venture Global Plaquemines LNG Files Application to Export to FTA and Non-FTA Nations
Venture Global Plaquemines LNG, LLC (VGPL) has filed an application with the United States Department of Energy to export up to 1,240 Bcf/year of LNG over a 25-year period from its proposed liquefaction and LNG export terminal on the Mississippi River in Plaquemines Parish, La. VGPL requests authorization to export the LNG to nations with and without a Free Trade Agreement (FTA) with...