Woodside Petroleum Backs Out of Port Arthur LNG Project
Posted on Jul 19, 2018 in Financing, Liquefaction, LNG Exports | Comments Off on Woodside Petroleum Backs Out of Port Arthur LNG Project
Bloomberg reports that Woodside Petroleum Ltd. has announced that it will not participate in the development of Sempra Energy’s proposed Port Arthur LNG liquefaction facility and export terminal in Port Arthur, Texas. Woodside Chief Executive Officer Peter Coleman is quoted as saying, “[i]t got to a point where it got below our investment returns and we said we need to put our money...
FERC Streamlining LNG Facility Permitting Process
Posted on Jul 19, 2018 in Federal Regulation, Liquefaction, LNG Exports, Policy, Legislation and Politics | Comments Off on FERC Streamlining LNG Facility Permitting Process
On July 17, 2018, FERC Chairman Kevin McIntyre issued a press release stating that in the last few days FERC has “made truly significant strides in reforming the [LNG facility] permitting process with our federal partners, eliminating duplicative efforts and instituting a streamlined procedure that will significantly reduce our LNG permitting timelines.” McIntyre added that “we expect...
DOE Issues Advisory Opinion on LNG Shipments to Guantanamo Bay
Posted on Jul 17, 2018 in Federal Regulation, Policy, Legislation and Politics | Comments Off on DOE Issues Advisory Opinion on LNG Shipments to Guantanamo Bay
The U.S. Department of Energy (DOE) has issued an advisory opinion stating that LNG shipments from the United States to the U.S. Naval Station Guantanamo Bay Cuba would not constitute an “export” subject to DOE’s jurisdiction under Natural Gas Act section...
DOE Issues Policy Statement on Non-FTA LNG Exports
Posted on Jul 17, 2018 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on DOE Issues Policy Statement on Non-FTA LNG Exports
The U.S. Department of Energy’s (DOE) Office of Fossil Energy (FE) has issued a policy statement regarding long-term authorizations to export LNG to nations without a Free Trade Agreement (non-FTA nations) with the United States. DOE/FE states that it wishes to allay concerns of potential importers of U.S. LNG and financiers of LNG export projects about the security of existing (or...
Correction – Galveston Bay LNG Receives DOE FTA-Only Export Authority
Posted on Jul 17, 2018 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Correction – Galveston Bay LNG Receives DOE FTA-Only Export Authority
On July 10, 2018, LNG Law Blog reported that the U.S. Department of Energy (DOE) had issued an order authorizing Galveston Bay LNG, LLC to export up to 785.5 Bcf/year (2.15 Bcf/day) of domestically produced LNG over 20 years by vessel to both nations with and without a Free Trade Agreement (FTA) with the United States. The order authorizes Galveston Bay LNG to export the LNG only to...