Environmental Groups Ask for Court Stay of Dominion Cove Point LNG Authorizations
Posted on Jun 2, 2015 in Environmental, Federal Regulation, Liquefaction, Litigation, LNG Exports | Comments Off on Environmental Groups Ask for Court Stay of Dominion Cove Point LNG Authorizations
EarthReports, Inc. (d.b.a. Patuxent Riverkeeper), Sierra Club, and the Chesapeake Climate Action Network have filed a motion with the U.S. Court of Appeals for the D.C. Circuit requesting an immediate stay of two FERC orders authorizing construction and operation of the Dominion Cove Point LNG export terminal in Lusby, Md., and to halt all construction on the project. The groups...
Venture Global LNG Closes on Additional $84.5 Million Financing Deal
Posted on Jun 1, 2015 in Financing, Liquefaction, LNG Exports | Comments Off on Venture Global LNG Closes on Additional $84.5 Million Financing Deal
Venture Global LNG, Inc. (“Venture”) announced today that it has closed on a third round of equity financing in the amount of $84.5 million. Venture has raised a total of over $210 million in capital for its proposed LNG export terminal on the Calcasieu Ship Channel in Cameron Parish, La....
Cheniere Requests Prompt FERC Action on Rehearing of Sabine Pass Stage 3 Facility Authorization
Posted on May 29, 2015 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Cheniere Requests Prompt FERC Action on Rehearing of Sabine Pass Stage 3 Facility Authorization
Cheniere Energy (Cheniere) has sent a letter to FERC Chairman Norman Bay requesting that FERC act no later than June 6, 2015, on Sierra Club’s request for rehearing of FERC’s order authorizing the Stage 3 Project (Liquefaction Trains 5 and 6) facilities at the Sabine Pass LNG terminal in Cameron Parish, La. Cheniere states in the letter that the Stage 3 Project is ready to begin...
American LNG Marketing Authorized to Export to FTA Nations
Posted on May 29, 2015 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on American LNG Marketing Authorized to Export to FTA Nations
The U.S. Department of Energy has issued an order authorizing American LNG Marketing LLC to export, over a 20-year term, up to 600,000 metric tons per annum (approximately 30.2 Bcf/year) of domestically produced LNG from a proposed liquefaction facility in Titusville, Fla. to nations with a Free Trade Agreement with the United States. The LNG will be transported in approved ISO...
Indian Oil Corp. Signs Agreement for Cameron LNG Supplies
Posted on May 29, 2015 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Indian Oil Corp. Signs Agreement for Cameron LNG Supplies
The Economic Times reports that Indian Oil Corporation has signed an interim agreement for the purchase from Mitsubishi Corporation of 0.7 million tonnes/year of LNG for 20 years from the Cameron LNG project in Hackberry, La. According to the report, the price for the LNG is indexed to the Brent crude oil price and LNG deliveries are expected to begin the first quarter of 2018....