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FERC Releases Environmental Assessment for Proposed Elba Island LNG Export Terminal

Today, FERC released its Environmental Assessment (EA) for the proposed Elba Island liquefaction and LNG export terminal near Savannah, Ga.  Kinder Morgan affiliates Elba Liquefaction Company, LLC, Southern LNG Company, LLC, and Elba Express Company, LLC are the sponsors of the project.  The EA concludes that that if the Companies construct and operate the facilities as proposed, with...

LNG Canada Delays FID Until Late 2016

The Globe and Mail reports that due to market conditions, LNG Canada has delayed a final investment decision (FID) on its proposed liquefaction and LNG export terminal at Kitimat, British Columbia until later in the year.  An FID was expected in Spring 2016.  LNG Canada is a joint venture of Shell Canada Energy (50%), an affiliate of Royal Dutch Shell plc, and affiliates of PetroChina...

Alaska LNG Project Faces “Significant Economic Headwinds”

Alaska Public Radio reports that representatives from the Alaska LNG Project told Alaska state legislators last week that the project faces “significant economic headwinds,” and while they remain committed to the project, the sponsors “have to be realistic about the project in this current price environment.”  Sponsors of the proposed 800-mile pipeline and LNG export terminal are North...

FERC Extends Schedule for Completion of Oregon LNG Environmental Review

FERC issued a notice today extending the date for the release of its environmental impact statement for the proposed Oregon LNG export terminal project from February 12, 2016 to June 3, 2016.  Other federal agencies having jurisdiction over the project will have until September 1, 2016 to complete their review....

Magnolia LNG Extends Closing Date for Meridian LNG Tolling Agreement

Today, Magnolia LNG, LLC announced that Magnolia and Meridian LNG Holdings Corp (Meridian LNG) have agreed to extend the financial close date condition precedent for Magnolia LNG from June 30, 2016 to December 31, 2016.  In 2015, Magnolia announced that it had entered into a tolling agreement with Meridian LNG for firm capacity rights for up to 2 million tonnes of LNG/year at Magnolia...

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