Shell’s Acquisition of Repsol LNG Assets Does Not Include Canaport Terminal
Posted on Feb 27, 2013 in Regas Terminals & Capacity | Comments Off on Shell’s Acquisition of Repsol LNG Assets Does Not Include Canaport Terminal
CBC News reports that Royal Dutch Shell plc’s (Shell) $6.7 billion acquisition of certain LNG assets of Repsol S.A. does not include the Canaport LNG import terminal in New Brunswick, Canada. As part of the agreement, Shell has committed to supply around 0.1 million tons per year of LNG to the Canaport terminal for 10 years. Read more in the press...
DOE Hears from Both Sides on LNG Export Debate
Posted on Feb 27, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on DOE Hears from Both Sides on LNG Export Debate
Comments in support of and in opposition to increased U.S. LNG exports were filed at the U.S. Department of Energy (DOE) this week. For example, Alcoa filed in opposition to unlimited LNG exports and proposed that DOE should take a cautious approach to granting LNG export applications, while ExxonMobil filed in support of DOE acting expeditiously to grant LNG export applications...
Shell JV Receives Canadian Federal Approval for BC LNG Export Terminal
Posted on Feb 26, 2013 in Canada & Mexico, Federal Regulation, LNG Exports | Comments Off on Shell JV Receives Canadian Federal Approval for BC LNG Export Terminal
The Vancouver Sun reports that Canada’s Natural Resources Minister Joe Oliver announced federal approval of a 25-year export license to LNG Canada Development Inc., a joint venture among Shell Canada Ltd., Korea Gas Corp., Mitsubishi Corp. and PetroChina Co. Ltd. The export license is for up to 24 million tons per year from a proposed LNG terminal near Kitimat, British Columbia....
Senators Respond to Comments Opposing LNG Exports
Posted on Feb 26, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on Senators Respond to Comments Opposing LNG Exports
U.S. Senators James Inhofe (R-Okla.), Mary Landrieu (D-La.), David Vitter (R-La.), Mark Begich (D-Alaska) and Tom Coburn (R-Okla.) submitted a letter to U.S. Department of Energy Secretary Chu refuting criticisms of the NERA Study on the macroeconomic effects of increased LNG exports and urging the Secretary to approve the pending LNG export...
Senator Murkowski Discusses Alaska LNG Supplies with Japanese Prime Minister
Posted on Feb 26, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on Senator Murkowski Discusses Alaska LNG Supplies with Japanese Prime Minister
Alaska Senator Lisa Murkowski (R) met with Japanese Prime Minister Abe and other Japanese officials last week touting the benefits of Alaskan LNG supplies to Japan. According to the press release, Murkowski stated that “Alaska is uniquely situated to supply Japan’s energy needs” since “[b]etween Alaska and Japan there are no chokepoints, no pirates, no third...