B.C. Government Releases LNG Tax Proposal
Posted on Feb 19, 2014 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on B.C. Government Releases LNG Tax Proposal
The Globe and Mail reports that the British Columbia (B.C.) government released its proposed budget yesterday, which includes an initial tax rate of 1.5% on net income from LNG export terminals. According to the report, the tax rate will increase to as high as 7% once companies recover the capital costs of building the terminals. The article states that some independent consultants...
Louisiana LNG Energy Files for DOE FTA LNG Export Authority
Posted on Feb 17, 2014 in Federal Regulation, LNG Exports | Comments Off on Louisiana LNG Energy Files for DOE FTA LNG Export Authority
Louisiana LNG Energy LLC (LLNG) has filed an application with the U.S. Department of Energy (DOE) to export up to two million metric tons per year of LNG from a proposed terminal on the Mississippi River, south of New Orleans in Plaquemines Parish, La. LLNG requests authority to export the LNG for a 25-year period to nations having a free trade agreement (FTA) with the United States...
FERC Plans to Issue FEIS for Corpus Christi LNG Terminal in October 2014
Posted on Feb 14, 2014 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Plans to Issue FEIS for Corpus Christi LNG Terminal in October 2014
FERC has released a notice that it plans to release the final environmental impact statement for Corpus Christi Liquefaction’s (CCL) proposed LNG import and export terminal on October 8, 2014. The terminal would be located near Corpus Christi, Texas, and would have the capacity to liquefy up to approximately 2.1 Bcf/day. Other federal agencies must act by January 6, 2015, on any...
LNG Canada Obtains Option on Land for Kitimat LNG Terminal
Posted on Feb 12, 2014 in Canada & Mexico, LNG Exports | Comments Off on LNG Canada Obtains Option on Land for Kitimat LNG Terminal
The Globe and Mail reports that LNG Canada, a joint venture of Shell Canada Energy, Phoenix Energy Holdings Ltd., Kogas Canada LNG Ltd. and Diamond LNG Canada Ltd., has entered into an agreement with Rio Tinto Group to lease or purchase a wharf and land at Kitimat, British Columbia, the site for LNG Canada’s proposed LNG export...
FERC to Release Final EIS for Downeast LNG Import Terminal in May 2014
Posted on Feb 12, 2014 in Environmental, Federal Regulation, Regas Terminals & Capacity | Comments Off on FERC to Release Final EIS for Downeast LNG Import Terminal in May 2014
FERC released a notice indicating that it intends to release on May 15, 2014, the final environmental impact statement for the proposed Downeast LNG import terminal on Passamaquoddy Bay, Washington County, Maine. Other federal agencies must act by August 13, 2014, on any other authorizations for the project required by those agencies. FERC’s notice can be found here, and the complete...