ConocoPhillips Considering Reopening Kenai LNG Export Terminal
Posted on Sep 17, 2013 in LNG Exports, State and Local Issues | Comments Off on ConocoPhillips Considering Reopening Kenai LNG Export Terminal
The Alaska Journal of Commerce reports that ConocoPhillips is evaluating the feasibility of reopening its Kenai, Alaska, LNG export terminal in response to the Alaska Department of Natural Resources’ (DNR) request that ConocoPhillips apply for a new license to export LNG from the terminal. DNR made the request to provide an additional market to stimulate gas exploration and production...
Congressmen Form LNG Export Caucus
Posted on Sep 16, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on Congressmen Form LNG Export Caucus
U.S. Congressman Blake Farenthold (R-Texas) announced the launching of the bipartisan LNG Export Caucus along with three of his colleagues, Congressmen Jim Costa (D-Cal.), Joe Barton (R-Texas), and Filemon Vela (D-Texas). Nine other congressmen are listed as caucus members. According to the press release, the caucus was formed to help “the development and timely exportation of LNG” by...
Alaska Enters Into MOU with Japanese Finance Bank; Asks ConocoPhillips to Resume LNG Exports
Posted on Sep 12, 2013 in LNG Exports, State and Local Issues | Comments Off on Alaska Enters Into MOU with Japanese Finance Bank; Asks ConocoPhillips to Resume LNG Exports
The Alaska Department of Natural Resources (DNR) has entered into a Memorandum of Understanding (MOU) with the Japan Bank for International Cooperation (JBIC). According to the press release, JBIC plays a critical role in financing and securing Japan’s LNG imports. The MOU “focuses on opportunities for Japanese companies and JBIC to become involved in resource development projects in...
Sierra Club Criticizes DOE Approval of Dominion Cove Point LNG Exports
Posted on Sep 12, 2013 in Environmental, LNG Exports | Comments Off on Sierra Club Criticizes DOE Approval of Dominion Cove Point LNG Exports
Sierra Club released a statement criticizing yesterday’s U.S. Department of Energy order conditionally permitting Dominion Cove Point to export LNG from its proposed terminal at Lusby, Md. Sierra Club claims that “[e]xporting LNG to foreign buyers will lock us into decades-long contracts, which in turn will lead to more drilling — and that means more fracking, more air and...
Three More Companies File LNG Export Applications with DOE
Posted on Sep 11, 2013 in Federal Regulation, LNG Exports | Comments Off on Three More Companies File LNG Export Applications with DOE
Argent Marine Management, Inc. (Argent) has filed an application with the U.S. Department of Energy (DOE) to export over a 25-year period 20,000 metric tonnes (approximately 1 Bcf) of LNG per year to nations having a Free Trade Agreement (FTA) with the United States. Argent proposes to transport LNG from a facility in Trussville, Ala. via truck to ports on the U.S. East Coast and then...