Alaska LNG Project Enters Phase to Design and Develop Alaska Gasline
Posted on Jul 3, 2014 in LNG Exports, Pipelines, State and Local Issues | Comments Off on Alaska LNG Project Enters Phase to Design and Develop Alaska Gasline
The Alaska Gasline Development Corporation, BP, ConocoPhillips, ExxonMobil, and TransCanada have signed an agreement to begin the next phase of the Alaska LNG Project. During this phase, the parties will design and develop a gas line for the transportation of LNG. The Alaska LNG Project will now apply for an export license from the Department of Energy. Read more in the press...
ABS and DSME to Jointly Develop an LNG-Fueled Drillship
Posted on Jul 3, 2014 in Financing, Liquefaction, Vessel Transportation | Comments Off on ABS and DSME to Jointly Develop an LNG-Fueled Drillship
On Wednesday, the American Bureau of Shipping (ABS) and Daewoo Shipbuilding & Marine Engineering (DSME) announced that they have entered into a joint development project to develop the first LNG-fueled drillship. The project will target the Gulf of Mexico market. Dr. Sung Geun Lee, the CTO and Executive Vice President of DSME, commented: “We are pleased to collaborate on this...
Corpus Christi and Pertamina Sign Second 20-Year SPA
Posted on Jul 2, 2014 in LNG Exports | Comments Off on Corpus Christi and Pertamina Sign Second 20-Year SPA
On Tuesday, Cheniere Energy, Inc. announced in a news release that its subsidiary, Corpus Christi Liquefaction, LLC, entered into a liquefied natural gas (“LNG”) sale and purchase agreement (SPA) with Indonesia state-owned PT Pertamina (Persero) (Pertamina). Under the SPA, Pertamina has agreed to purchase approximately 0.76 million tonnes per annum (mtpa) of LNG upon the commencement...
FERC Releases Letter Order for Sabine Pass LNG Tie-Ins
Posted on Jul 2, 2014 in Federal Regulation, Liquefaction, Pipelines | Comments Off on FERC Releases Letter Order for Sabine Pass LNG Tie-Ins
Last week, FERC issued a letter order granting Cheniere Energy, Inc.’s June 5 request for approval to construct tie-ins. Sabine Pass LNG may construct the tie-ins in the areas between the existing Sabine Pass LNG Terminal and the Sabine Pass Liquefaction (SPL) Project Facilities (Stages 1 and 2) and between Stages 1 and 2 of the SPL facilities. The letter order also approved the...
Study Suggests Risk of Earthquake and Tsunami at Proposed Jordan Cove LNG Terminal
Posted on Jul 1, 2014 in Safety & Security | Comments Off on Study Suggests Risk of Earthquake and Tsunami at Proposed Jordan Cove LNG Terminal
The Oregonian reports on the risks that a large earthquake and resulting tsunami would pose to the proposed Jordan Cove liquefied natural gas terminal in Coos Bay. An Oregon State University study indicates there is a 40 percent chance of a mega-thrust earthquake and subsequent tsunami occurring in the region within the next 50 years. FERC’s Draft Environmental Impact Statement for...