Alaska Governor Seeks to Buyout TransCanada from Alaska LNG Project
Posted on Aug 26, 2015 in LNG Exports, Pipelines, State and Local Issues | Comments Off on Alaska Governor Seeks to Buyout TransCanada from Alaska LNG Project
The Alaska Dispatch News reports that Alaska Governor Bill Walker will ask state legislators to exercise an option to buyout TransCanada Corporation’s 25% pipeline share of the Alaska LNG project, which involves construction of an 800-mile pipeline and LNG terminal to access North Slope gas supplies for export. North Slope producers BP, ConocoPhillips and ExxonMobil are the other...
Hawaii Governor Opposes LNG Imports
Posted on Aug 26, 2015 in Liquefaction, Markets and Competition, State and Local Issues | Comments Off on Hawaii Governor Opposes LNG Imports
Pacific Business News reports that Hawaii Governor David Inge, speaking at a conference in Honolulu, stated that he has “reached the conclusion that Hawaii does not need LNG in our future…. It’s time to focus all of our efforts on renewables. We will oppose the building of LNG facilities.” Governor Inge had previously expressed support for the importation of LNG only as a bridge...
Steelhead LNG and Malahat First Nation Sign Agreements for Floating LNG Terminal
Posted on Aug 24, 2015 in Canada & Mexico, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Steelhead LNG and Malahat First Nation Sign Agreements for Floating LNG Terminal
Steelhead LNG Corp. (Steelhead LNG) and the Malahat First Nation (Malahat Nation) announced completion of a Mutual Benefits Agreement and Long-Term Lease for the development of Malahat LNG, a 6 million tonnes per year floating liquefaction and LNG export terminal facility to be located approximately 8 kilometers south of Mill Bay on Vancouver Island, British Columbia. Steelhead LNG...
New Report Projects Global Oversupply of LNG
Posted on Aug 21, 2015 in LNG Exports, Markets and Competition | Comments Off on New Report Projects Global Oversupply of LNG
MarketWatch reports that a new study released by Bentek Energy, “LNG Exports: Oasis or Mirage,” projects an oversupply of LNG in global markets, predicting, among other things, that “U.S. export capacity holders are likely to operate without regard to their sunk cost tolling fees and deliver gas at a cost of feedstock plus transport plus margin.” ...
FERC to Prepare Environmental Assessment for Freeport LNG Train 4 Project
Posted on Aug 20, 2015 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC to Prepare Environmental Assessment for Freeport LNG Train 4 Project
FERC has issued a notice of its intent to prepare an environmental assessment (EA) for Freeport LNG Development, L.P.’s proposal to add a fourth liquefaction train (Train 4 Project) at its LNG export terminal currently under construction on Quintana Island in Brazoria County, Texas. The Train 4 Project would provide additional liquefaction capacity of approximately 5.1 million metric...