Valdez LNG Summit Deemed Successful by Local Officials
Posted on Sep 21, 2012 in LNG Exports, State and Local Issues | Comments Off on Valdez LNG Summit Deemed Successful by Local Officials
The Valdez Star reports that a summit held last week showcasing the benefits of Valdez, Alaska, as a site for LNG export facilities has been deemed a success by local officials. The summit attracted business leaders and government officials from Asian nations, Hawaii, and Washington,...
Asian LNG Importers Seek Change in LNG Pricing
Posted on Sep 21, 2012 in Markets and Competition | Comments Off on Asian LNG Importers Seek Change in LNG Pricing
Reuters reports that Asian nations that import large quantities of LNG want to overhaul the current natural gas pricing structure that links gas prices to oil in favor of hub pricing, which would lower the costs of LNG imported to Asia. LNG producers acknowledged the issue at a conference in Tokyo this week, with Charif Souki, chairman and chief executive officer of Cheniere Energy...
FERC Issues Environmental Assessment for Sabine Pass Terminal Feeder Pipeline
Posted on Sep 19, 2012 in Federal Regulation, LNG Exports | Comments Off on FERC Issues Environmental Assessment for Sabine Pass Terminal Feeder Pipeline
FERC has released its Environmental Assessment (EA) for the Cheniere Creole Trail Pipeline (Creole Trail) expansion which will allow bidirectional gas flow on the existing Creole Trail pipeline and delivery of gas to the Sabine Pass LNG terminal in Cameron Parish, La. The EA concludes that the project would not constitute a major federal action significantly affecting the quality of...
Canadian Officials Seeking Asian LNG Buyers
Posted on Sep 19, 2012 in LNG Exports, Markets and Competition | Comments Off on Canadian Officials Seeking Asian LNG Buyers
Canada Natural Resources Minister Joe Oliver is visiting Japan and South Korea this week to discuss Canadian LNG opportunities with government and business leaders. Read more in the Financial Post and Reuters articles. British Columbia (BC) Premier Christy Clark recently concluded a trip to China where she spoke about BC LNG opportunities at a world economics conference. ...
Trade Group Official Opposes U.S. LNG Exports
Posted on Sep 17, 2012 in LNG Exports, Policy, Legislation and Politics | Comments Off on Trade Group Official Opposes U.S. LNG Exports
At a gas industry conference last week, American Public Gas Association President Bert Kalisch stated that policies encouraging exports of U.S. LNG would interfere with energy independence efforts and cause domestic gas prices to rise. Read more in the UPI...