Cheniere Energy Finalizes Equity Investment for Corpus Christi Liquefaction LNG Terminal
Posted on Jan 20, 2015 in Financing, LNG Exports | Comments Off on Cheniere Energy Finalizes Equity Investment for Corpus Christi Liquefaction LNG Terminal
Cheniere Energy, Inc. (Cheniere) announced that it has entered into a financing agreement with EIG Management Company, LLC (EIG) under which investment funds managed by EIG will purchase $1.5 billion of convertible notes to fund a portion of the proposed Corpus Christi Liquefaction LNG export terminal in San Patricio and Nueces Counties, Texas. According to the press release, the...
Local Officials and Citizens Voice Concerns with Proposed Port Ambrose LNG Import Terminal
Posted on Jan 20, 2015 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Local Officials and Citizens Voice Concerns with Proposed Port Ambrose LNG Import Terminal
At a public meeting held recently, local officials and citizens expressed their opposition to Liberty Natural Gas’s proposed Port Ambrose LNG import terminal located offshore of New Jersey and New York, raising environmental and terrorism concerns. Others in attendance expressed support for the project, citing economic benefits. Read more in the Rockaway Times...
Venture Global Calcasieu Pass Files Monthly Status Report
Posted on Jan 20, 2015 in Environmental, Federal Regulation, LNG Exports | Comments Off on Venture Global Calcasieu Pass Files Monthly Status Report
Venture Global Calcasieu Pass (VGSP) filed a report with FERC covering pre-filing activities during December 13, 2014 – January 12, 2015 for its proposed LNG export terminal on the Calcasieu Ship Channel in Cameron Parish, La. Among other items, the report states that VGCP has entered into a binding agreement for the exclusive right to lease additional land for the terminal and that...
CNOOC Affiliate, Aurora LNG, Files Revised Project Description for Proposed B.C. LNG Terminal
Posted on Jan 20, 2015 in Canada & Mexico, Environmental, LNG Exports | Comments Off on CNOOC Affiliate, Aurora LNG, Files Revised Project Description for Proposed B.C. LNG Terminal
Aurora LNG, a joint venture among Nexen Energy ULC (an affiliate of Chinese energy company China National Offshore Oil Corporation (CNOOC)), INPEX Corporation, and JGC Corporation, has filed a revised project description with the British Columbia (B.C.) Environmental Assessment Office for a proposed LNG export terminal on Digby Island, near Prince Rupert, B.C. The terminal is...
Senate to Hold Hearing on Bill to Expedite U.S. LNG Exports
Posted on Jan 16, 2015 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on Senate to Hold Hearing on Bill to Expedite U.S. LNG Exports
On January 29, 2015, the U.S. Senate Energy and Natural Resources Committee will hold a hearing on S. 33, the LNG Permitting Certainty and Transparency Act, which among other things, requires the Secretary of Energy to issue a final decision on an application to export LNG to countries without a Free Trade Agreement with the United States within 45 days from the publication of the...