Magnolia LNG Secures Funding for LNG Export Project; Requests Additional FTA Export Authority
Posted on Oct 25, 2013 in Federal Regulation, LNG Exports | Comments Off on Magnolia LNG Secures Funding for LNG Export Project; Requests Additional FTA Export Authority
Magnolia LNG announced that it has entered into an Equity Commitment Agreement with Stonepeak Partners LP to provide 100% of the construction equity for the first phase of the Magnolia LNG Project at Lake Charles, La. The total Stonepeak equity contribution is estimated to be US$660 million, for which Stonepeak will receive an approximate 50% interest in the Magnolia LNG Project. Read...
Carib Energy Requests Expedited DOE Processing of its Non-FTA LNG Export Application
Posted on Oct 23, 2013 in Federal Regulation, LNG Exports | Comments Off on Carib Energy Requests Expedited DOE Processing of its Non-FTA LNG Export Application
Carib Energy (USA) LLC (Carib) filed a letter with the U.S. Department of Energy (DOE) requesting that DOE process Carib’s application to export LNG to nations without a Free Trade Agreement (FTA) with the United States promptly and before those listed above it in the DOE’s Order of Precedence. Carib states that it filed its application before those listed in the Order of Precedence...
Venture Global LNG Receives DOE Authority to Export LNG to FTA Nations
Posted on Oct 22, 2013 in Federal Regulation, LNG Exports | Comments Off on Venture Global LNG Receives DOE Authority to Export LNG to FTA Nations
The U.S. Department of Energy (DOE) has granted Venture Global LNG (Venture) authority to export, on behalf of itself and as agent for others, up to 243.6 Bcf/year of domestically produced LNG to nations with a Free Trade Agreement (FTA) with the United States. The LNG would be exported from a proposed terminal on the Calcasieu Ship Channel, Cameron Parish, La. Venture’s application to...
Comments Filed at FERC Regarding Golden Pass LNG Export Project
Posted on Oct 21, 2013 in Environmental, Federal Regulation, LNG Exports | Comments Off on Comments Filed at FERC Regarding Golden Pass LNG Export Project
Comments in support of the proposed Golden Pass LNG export terminal project were filed recently at FERC by the Texas Oil Gas Association, the Greater Port Arthur Chamber of Commerce, and several state legislators and businessmen. Alleging potential pollution from the project, Sierra Club requested that FERC prepare a complete environmental impact statement for the project rather than...
Freeport LNG Expansion Opposes Industrial Group’s Late Intervention in DOE Export Case
Posted on Oct 21, 2013 in Federal Regulation, LNG Exports | Comments Off on Freeport LNG Expansion Opposes Industrial Group’s Late Intervention in DOE Export Case
Freeport LNG Expansion (FLEX) filed an answer opposing the Industrial Energy Consumers of America’s (IECA) motion for late intervention and comments in FLEX’s LNG export case before the U.S. Department of Energy (DOE). FLEX argues, as it did in its response to similar comments filed by America’s Energy Advantage (AEA), that IECA has not justified its late intervention, IECA’s comments...