PHMSA Proposed LNG Facility User Fee Rate Increase
Posted on Jul 7, 2014 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on PHMSA Proposed LNG Facility User Fee Rate Increase
The Pipeline and Hazardous Materials Safety Administration (PHMSA) issued a Notice of Agency Action on July 3, 2014 of an increase in the user fee rates 5 percent of the total gas program costs. The increase will be implemented incrementally over a three-year period. Interested parties can submit comments until September 2,...
LNG-Buy BC Online Tool Ready
Posted on Jul 7, 2014 in Canada & Mexico | Comments Off on LNG-Buy BC Online Tool Ready
The government of British Columbia has announced that businesses may begin pre-registration to use an internet registry, the LNG-Buy BC tool, to connect local, British Columbia businesses with major LNG projects. A British Columbia government official explained in a statement, “LNG-Buy BC tool is focused on ensuring B.C. businesses have the right tools they need to connect with the...
Canadian Government Conditionally Approves Northern Gateway Project
Posted on Jul 7, 2014 in Canada & Mexico, LNG Exports | Comments Off on Canadian Government Conditionally Approves Northern Gateway Project
Prime Minister Stephen Harper has approved Enbridge’s Northern Gateway Pipeline Project, subject to 209 conditions that were recommended by an independent body established by the Minister of the Environment and the National Energy Board of Canada to review the project. The proposed pipeline is a 1,200 kilometer twin pipeline system that would carry tar sands oil from Edmonton to...
DOE Proposal Upends Process for Authorizing LNG Exports
Posted on Jul 7, 2014 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on DOE Proposal Upends Process for Authorizing LNG Exports
The U.S. Department of Energy (DOE) issued a Notice of Proposed Procedures (NPP) for LNG export decisions, outlining proposed changes to the way LNG export permits will be issued. The DOE is proposing to act on applications to export LNG only after a full environmental review under the National Environmental Policy Act is complete. This would suspend the DOE’s practice of issuing...
EDP to Sign Purchase Agreement for First Supply of LNG to Mainland Central America
Posted on Jul 3, 2014 in Financing, LNG Exports | Comments Off on EDP to Sign Purchase Agreement for First Supply of LNG to Mainland Central America
Bloomberg News reports that at the end of July, Energia del Pacifico SA (EDP) will sign a purchase agreement for LNG. This purchase will mark the first supply of LNG to mainland Central America. Under the agreement, EDP will purchase 500,000 metric tons of LNG per year for 20 years at prices linked to the price of Brent crude to supply EDP’s power plant that is being built in...