Alaska LNG Bill Moves Forward; Has Producer/Pipeline Support
Posted on Feb 27, 2014 in LNG Exports, State and Local Issues | Comments Off on Alaska LNG Bill Moves Forward; Has Producer/Pipeline Support
Alaska Native News reports that legislation that would make the State of Alaska a participant in the Alaska LNG project (SB 138) was passed by the Alaska Senate Resources Committee and is now before the Senate Finance Committee. According to the Juneau Empire, hearings are being held this week and project sponsors ConocoPhillips, BP, ExxonMobil and TransCanada are supportive of the...
Apache Seeking Buyers for Share of Proposed Kitimat LNG Project
Posted on Feb 26, 2014 in Canada & Mexico, LNG Exports | Comments Off on Apache Seeking Buyers for Share of Proposed Kitimat LNG Project
Bloomberg reports that Apache Corporation is seeking to sell a share of its 50% interest in the proposed Kitimat LNG export terminal project in British Columbia. Chevron Canada owns the remaining 50% of the project. The article states that Apache has had serious discussions for the sale with buyers in Asian...
Petronas to Sell 25% Stake in Proposed B.C. LNG Terminal
Posted on Feb 25, 2014 in Canada & Mexico, LNG Exports | Comments Off on Petronas to Sell 25% Stake in Proposed B.C. LNG Terminal
Reuters reported that Malaysian oil company Petronas has agreed to sell an additional 25% share in its affiliate Progress Energy Resources’ Canadian shale gas assets and proposed LNG project. An Economic Times report states that Indian Oil Corporation will purchase a 10% share for $900 million, and the remaining 15% may be purchased by an undisclosed Chinese company. Petronas...
DOE Approves Delfin LNG Exports to FTA Nations
Posted on Feb 24, 2014 in Federal Regulation, LNG Exports | Comments Off on DOE Approves Delfin LNG Exports to FTA Nations
The U.S. Department of Energy (DOE) has approved Delfin LNG’s (Delfin) application to export, on its own behalf and as agent for others, 657.5 Bcf/year (1.8 Bcf/day) of LNG over a 20-year period to nations with a Free Trade Agreement (FTA) with the United States calling for national treatment for trade in natural gas. Delfin will export the LNG from a proposed floating LNG terminal...
Japanese Concerned With Further Delays On B.C. LNG Tax Details
Posted on Feb 21, 2014 in Canada & Mexico, LNG Exports | Comments Off on Japanese Concerned With Further Delays On B.C. LNG Tax Details
The Globe and Mail reports that Keisuke Tsujimoto, the Vancouver-based manager for the Japan Oil, Gas and Metals National Corp., a branch of Japan’s energy ministry, has expressed concerns with the British Columbia (B.C.) Government’s plans to develop an LNG industry. Mr. Tsujimoto’s reservations arise from the announcement that while enough information on the proposed LNG tax should...