Nikiski Area Chosen as Lead Site for Alaskan LNG Export Terminal
Posted on Oct 7, 2013 in LNG Exports, State and Local Issues | Comments Off on Nikiski Area Chosen as Lead Site for Alaskan LNG Export Terminal
North Slope producers ExxonMobil, BP, and ConocoPhillips, along with pipeline company TransCanada issued a press release today stating that they have selected a site in the Nikiski area on the Kenai Peninsula as the lead site for the proposed Alaska LNG project’s natural gas liquefaction plant and LNG export terminal. According to the press release, the companies remain committed to...
Petronas Confirms Commitment to C$36 Billion BC LNG Project
Posted on Oct 7, 2013 in Canada & Mexico, LNG Exports | Comments Off on Petronas Confirms Commitment to C$36 Billion BC LNG Project
Bloomberg reports that Malaysian Prime Minister Najib Razak confirmed that Malaysian state energy company Petroliam Nasional Bhd. (Petronas) is moving forward with plans to invest C$36 billion to develop an LNG export terminal at Prince Rupert, British Columbia. A final investment decision on the project is expected the end of 2014....
Energy Transfer and BG Group Reach Agreement to Jointly Develop the Lake Charles LNG Export Terminal
Posted on Oct 2, 2013 in LNG Exports, Markets and Competition | Comments Off on Energy Transfer and BG Group Reach Agreement to Jointly Develop the Lake Charles LNG Export Terminal
Energy Transfer Equity, L.P. and Energy Transfer Partners, L.P. (jointly, Energy Transfer) and BG Group announced that they have entered into a project development agreement to jointly develop the LNG export project at the existing Trunkline LNG import terminal in Lake Charles, La. The U.S. Department of Energy has given conditional approval to export LNG from the proposed project to...
B.C. Premier Clark Hopes to Reach Agreement on BC LNG Tax Plan Soon
Posted on Oct 2, 2013 in Canada & Mexico, Policy, Legislation and Politics | Comments Off on B.C. Premier Clark Hopes to Reach Agreement on BC LNG Tax Plan Soon
The Globe and Mail reports that British Columbia (B.C.) Premier Christy Clark hopes to reach an agreement within the next two months to govern taxation of B.C. LNG exports. According to the report, Clark hopes to have legislation to implement the agreement in the...
FERC and DOE Still Open Despite Government Shutdown
Posted on Oct 1, 2013 in Federal Regulation, LNG Exports | Comments Off on FERC and DOE Still Open Despite Government Shutdown
A notice issued by FERC and a telephone call to the U.S. Department of Energy’s Office of Natural Gas Regulatory Activities confirm that both agencies remain open and functioning even though Congress failed to pass a government funding bill. FERC regulates the pipeline and terminal facilities utilized for the import and export of natural gas and LNG and the Office of Natural Gas...