Watson Island LNG and the City of Prince Rupert, B.C. Sign Exclusivity Agreement for Export Terminal
Posted on Jul 17, 2014 in Canada & Mexico, LNG Exports | Comments Off on Watson Island LNG and the City of Prince Rupert, B.C. Sign Exclusivity Agreement for Export Terminal
On Wednesday, Watson Island LNG Corp. (WILNG) and the City of Prince Rupert, British Columbia, announced that they have entered into an exclusivity agreement for an LNG export terminal. Under the agreement, WILNG will re-purpose Watson Island, B.C. into a small LNG export terminal. Mayor Jack Mussallem remarked on the agreement: “We are optimistic this project will be an economic...
World Bank to Help Finance World’s First Floating Liquefaction Plant
Posted on Jul 17, 2014 in Financing, Liquefaction | Comments Off on World Bank to Help Finance World’s First Floating Liquefaction Plant
Bloomberg News reports that the International Finance Corp. (IFC), a member of the World Bank Group focused exclusively on the private sector, will help finance a $300 million project to develop the world’s first floating LNG liquefaction plant, which will be located in Colombia. The project is a joint venture between Pacific Rubiales Energy Corp. and Exmar NV. IFC’s global head of...
FERC Grants Extension of Time for Comments on Dominion Cove Point LNG
Posted on Jul 16, 2014 in Environmental, Federal Regulation, LNG Exports | Comments Off on FERC Grants Extension of Time for Comments on Dominion Cove Point LNG
FERC issued a notice granting Patuxent Riverkeeper, an environmental group, an extension of time until August 1, 2014, to comment on privileged and Critical Energy Infrastructure Information (“CEII”) documents. Patuxent Riverkeeper received the documents after a June 13, 2014 FERC order requiring Dominion Cove Point LLP (“DCPL”) to provide Patuxent Riverkeeper with CEII and other...
Cameron Parish Supports SCT&E LNG Project
Posted on Jul 16, 2014 in Liquefaction, LNG Exports, State and Local Issues | Comments Off on Cameron Parish Supports SCT&E LNG Project
SCT&E LNG went before the Cameron Parish Police Jury to formally announce the twelve million metric tons per annum (mtpa) Liquefaction Project on Monkey Island. At the meeting, the Cameron Parish Police Jury announced its decision to fund a $150,000 feasibility study to determine the construction of one or more bridges linking Monkey Island with Cameron Parish mainland. The new...
Anti-Fracking Protesters Arrested at FERC
Posted on Jul 15, 2014 in Environmental, Policy, Legislation and Politics | Comments Off on Anti-Fracking Protesters Arrested at FERC
Reuters reports that approximately two dozen protesters were arrested at the Federal Energy Regulatory Commission (FERC) in Washington, D.C. yesterday. Demonstrators protested hydraulic fracturing and the U.S. gas industry’s push to sell “fracked” liquefied natural gas abroad by blocking entrances to the FERC headquarters for more than 90 minutes. Environmental groups have called on...