Magnolia LNG Signs Tolling Agreement Term Sheet with AES Latin American Development
Posted on Mar 6, 2014 in LNG Exports, Markets and Competition | Comments Off on Magnolia LNG Signs Tolling Agreement Term Sheet with AES Latin American Development
Magnolia LNG (MLNG) has executed a non‐binding Tolling Agreement Term Sheet with AES Latin American Development, Ltd (AES) for LNG production capacity rights of between 800,000 and 1 million tonnes per year from MLNG’s proposed LNG export terminal at Lake Charles, La. According to the press release, AES is a Fortune 200 global power company with extensive investment in power...
Excelerate FLSOs Not Subject to Coast Guard Vessel Jurisdiction
Posted on Mar 6, 2014 in Federal Regulation, Marine Regulation, Vessel Transportation | Comments Off on Excelerate FLSOs Not Subject to Coast Guard Vessel Jurisdiction
The U.S. Coast Guard has determined that Excelerate Liquefaction Solutions’ floating liquefaction storage and offloading units (FLSOs) proposed for the Lavaca Bay LNG terminal at the Port of Port Lavaca-Point Comfort, Texas, are not vessels subject to Coast Guard vessel certification and inspection requirements due to their configuration, intended use, and mooring arrangements...
Sabine Pass Liquefaction Files Update to NERA’s 2012 LNG Export Study
Posted on Mar 5, 2014 in Federal Regulation, Markets and Competition | Comments Off on Sabine Pass Liquefaction Files Update to NERA’s 2012 LNG Export Study
Sabine Pass Liquefaction filed with the U.S. Department of Energy (DOE) a report prepared by NERA to update NERA’s 2012 study on the macroeconomic effects of LNG exports on the U.S. economy. The report uses updated economic data based on the U.S. Energy Information Administration’s Annual Energy Outlook 2013 and International Energy Outlook 2013 studies, and reinforces NERA’s 2012...
Environmental Groups Critical of FERC’s Draft EIS for Cameron LNG Export Terminal
Posted on Mar 5, 2014 in Environmental, Federal Regulation, LNG Exports | Comments Off on Environmental Groups Critical of FERC’s Draft EIS for Cameron LNG Export Terminal
Sierra Club, Tulane Environmental Law Clinic, Gulf Restoration Network, and RESTORE filed comments with FERC criticizing FERC’s draft environmental impact statement (EIS) for the proposed Cameron LNG export terminal near Hackberry, La. The comments allege that the draft EIS does not conform to National Environmental Policy Act requirements because, among other things, it is based on...
Downeast LNG Optimistic on Need for LNG Import Terminal
Posted on Mar 5, 2014 in Federal Regulation, Regas Terminals & Capacity | Comments Off on Downeast LNG Optimistic on Need for LNG Import Terminal
Downeast LNG filed responses to a FERC data request stating, among other things, that although gas production from the Marcellus shale has increased since Downeast LNG filed its application for an LNG import terminal on Passamaquoddy Bay, Washington County, Maine, there is insufficient pipeline capacity to move Marcellus gas into New England markets to prevent significant gas and power...