Alaska and ExxonMobil Sign Agreement for Alaska LNG Supplies
Posted on Sep 12, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Alaska and ExxonMobil Sign Agreement for Alaska LNG Supplies
Alaska Gasline Development Corporation, sponsor of the Alaska LNG Project, has announced that it has signed a Gas Sales Precedent Agreement with ExxonMobil Alaska Production Inc. (ExxonMobil) that covers certain key terms, including price and a volume basis, for a Gas Sales Agreement. According to the press release, the parties anticipate finalizing long-term gas sales agreements to...
FERC Permits Introduction of Feed Gas for Sabine Pass Train 5 Commissioning
Posted on Sep 7, 2018 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Permits Introduction of Feed Gas for Sabine Pass Train 5 Commissioning
FERC has issued a letter order permitting the introduction of feed gas for the commissioning of Train 5 at Sabine Pass LNG’s liquefaction and export facility at Cameron Parish, La.
Freeport LNG Affiliate and Sumitomo Enter Into HOA
Posted on Sep 7, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Freeport LNG Affiliate and Sumitomo Enter Into HOA
FLNG Liquefaction 4, LLC, a wholly owned subsidiary of Freeport LNG Development, L.P., and Sumitomo Corporation of Americas (SCOA) jointly announced that they have entered into a binding Heads of Agreement (HOA) for 2.2 million tons per year of LNG. Under the HOA, SCOA has agreed to negotiate for a 20-year liquefaction tolling agreement (LTA). The LTA is expected to start in 2023 upon...
Venture Global LNG and Repsol Reach Deal for Calcasieu Pass LNG Supplies
Posted on Sep 7, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Venture Global LNG and Repsol Reach Deal for Calcasieu Pass LNG Supplies
Reuters reports that Venture Global LNG (VGL) has entered into a 20-year agreement to supply Spanish energy company Repsol SA with one million tons per year of LNG from VGL’s proposed Calcasieu Pass LNG export facility in Cameron Parish, La. According to the report, Repsol will purchase the LNG on a free on board (FOB) basis beginning upon commercial operation of the Calcasieu Pass LNG...
Galveston Bay LNG Requests Initiation of FERC Pre-Filing Process
Posted on Sep 5, 2018 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on Galveston Bay LNG Requests Initiation of FERC Pre-Filing Process
Galveston Bay LNG, LLC and Galveston Bay Header System (together, “GB Developers”) have filed a request with FERC to initiate FERC’s pre-filing environmental review process for their proposed liquefaction facility, LNG export terminal, and interconnected pipeline on Galveston Bay at Shoal Point, adjacent to the Texas City Ship Channel. The proposed terminal will have three LNG...