Veresen Announces Another Preliminary Agreement For Jordan Cove LNG Volumes
Posted on Apr 8, 2016 in Federal Regulation, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Veresen Announces Another Preliminary Agreement For Jordan Cove LNG Volumes
Veresen Inc. announced that it has reached a preliminary agreement on key terms for the purchase by Japanese company, ITOCHU Corporation, of 1.5 million tonnes per annum of natural gas liquefaction capacity at the proposed Jordan Cove Energy Project at Coos Bay, Ore. for an initial term of 20 years. According to the press release, the agreement is subject to the negotiation of a...
SCT&E LNG Announces Fourth MOU for LNG Sales
Posted on Apr 6, 2016 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on SCT&E LNG Announces Fourth MOU for LNG Sales
SCT&E LNG, Inc. announced today that it has signed a fourth non-binding Memorandum of Understanding (MOU) for the sale of LNG from its proposed liquefaction and LNG export terminal on Monkey Island in Cameron Parish, La. The announcement does not name the counterparty but states that “[t]his multi-billion dollar agreement was signed with a reputable Asian energy company that owns...
Supporters of Jordan Cove Energy Project File Comments with FERC
Posted on Apr 6, 2016 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Supporters of Jordan Cove Energy Project File Comments with FERC
Comments recently were filed with FERC by various entities supporting approval of Jordan Cove Energy Project’s proposed LNG export terminal at Coos Bay, Ore. and the interconnected pipeline. Comments requesting approval of the project were filed by the Oregon AFL-CIO, Laramie Energy, Washington State Building & Construction Trades Council AFL-CIO, Avista Corporation, International...
Texas LNG Brownsville Files FERC Application
Posted on Apr 4, 2016 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Texas LNG Brownsville Files FERC Application
Texas LNG Brownsville LLC (Texas LNG) has filed an application with FERC for authorization to construct and operate a 4 million tonnes per annum gas liquefaction and LNG export terminal at the Port of Brownsville, Texas. Feed gas for the terminal will be provided via an approximately 150-mile intrastate pipeline which interconnects with multiple interstate and intrastate pipelines at...
Gail India Purchases Second LNG Shipment from Sabine Pass Terminal
Posted on Apr 4, 2016 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Gail India Purchases Second LNG Shipment from Sabine Pass Terminal
Bloomberg reports that the second shipment of LNG produced at Cheniere Energy Inc.’s Sabine Pass LNG terminal in Cameron Parish, La. was purchased on a spot basis by Gail India Ltd. The shipment is expected to reach the Dabhol import terminal on India’s west coast by mid-April. According to the report, the delivered price of the cargo is about $5/MMBtu, compared to the $4.30/MMBtu...