Article Discusses Risks and Rewards of State Participation in Alaska LNG Project
Posted on Feb 21, 2014 in LNG Exports, State and Local Issues | Comments Off on Article Discusses Risks and Rewards of State Participation in Alaska LNG Project
An article in the Alaska Journal of Commerce discusses the benefits and risks of Alaska’s participation in the Alaska LNG project. Benefits include up to $3 billion/year in new revenues; risks include increased construction costs, a drop in gas prices so as to make the project uneconomical, and risks related to take-or-pay...
Canadian National Energy Board Approves Jordan Cove LNG Gas Export License
Posted on Feb 21, 2014 in Canada & Mexico, LNG Exports | Comments Off on Canadian National Energy Board Approves Jordan Cove LNG Gas Export License
Yesterday, the National Energy Board of Canada issued an order approving Jordan Cove LNG L.P.’s application to export 1.55 Bcf/day of natural gas over 25 years from Canada into the United States. The gas volumes would be transported via existing pipelines that cross the Canada/United States border near Kingsgate and Huntingdon, British Columbia. Jordan Cove LNG ultimately intends to...
Article Discusses How Oregon LNG Terminals May Be Quicker Alternative for Canadian Gas Exports
Posted on Feb 20, 2014 in Canada & Mexico, LNG Exports | Comments Off on Article Discusses How Oregon LNG Terminals May Be Quicker Alternative for Canadian Gas Exports
An article in Financial Post discusses how the proposed Oregon LNG and Jordan Cove Energy Project LNG terminals in Oregon may provide a quicker alternative for Canadian gas to reach Asian markets than LNG exports from proposed British Columbia LNG export terminals. According to the article, if approved, exports of Canadian gas-sourced LNG from the Jordan Cove project could begin in...
Shell Concerned With Proposed B.C. LNG Tax Rate
Posted on Feb 20, 2014 in Canada & Mexico, LNG Exports, Policy, Legislation and Politics | Comments Off on Shell Concerned With Proposed B.C. LNG Tax Rate
Financial Post reports that a spokesman for Royal Dutch Shell, a sponsor of LNG Canada’s proposed LNG terminal at Kitimat, British Columbia (B.C.), responded to the recently proposed B.C. LNG tax proposal by stating that his company has “been clear that the rate needs to be globally competitive if B.C. is to build an LNG industry, and we’re concerned the top end of the range won’t...
FERC Authorizes Increase in Sabine Pass LNG Production Capacity
Posted on Feb 20, 2014 in Federal Regulation, LNG Exports | Comments Off on FERC Authorizes Increase in Sabine Pass LNG Production Capacity
FERC issued an order today approving Sabine Pass Liquefaction, LLC’s and Sabine Pass LNG, L.P.’s (together, Sabine Pass) application to increase the authorized maximum peak day LNG production capacity for Stages 1 and 2 (Trains 1-4) of its LNG export terminal project in Cameron Parish, La. from 2.2 to 2.76 Bcf/day. Sabine Pass requested the authorization to reflect the maximum or peak...