Cheniere Receives Firm Financial Commitments for Sabine Pass Liquefaction Project
Posted on Jul 12, 2012 in Financing, LNG Exports | Comments Off on Cheniere Receives Firm Financial Commitments for Sabine Pass Liquefaction Project
Cheniere Energy Partners, L.P. announced today that it has received firm financial commitments of approximately $3.4 billion (in addition to previously announced equity commitments of $2 billion) to fund the costs of developing, constructing and placing into service the first two liquefaction trains of the Sabine Pass LNG liquefaction...
FERC Vacates Authorization for Cameron LNG’s Fourth LNG Storage Tank
Posted on Jul 9, 2012 in Federal Regulation, Regas Terminals & Capacity | Comments Off on FERC Vacates Authorization for Cameron LNG’s Fourth LNG Storage Tank
FERC issued an order on Friday vacating authorization for Cameron LNG to construct a fourth LNG storage tank at its existing LNG import terminal near Hackberry, La., since Cameron has not begun construction of the tank and the extended deadline for the in-service date expired six months ago. FERC’s order can be found on eLibrary under Docket No....
FERC Vacates Authorization for Broadwater Energy’s LNG Import Terminal
Posted on Jul 9, 2012 in Federal Regulation, Regas Terminals & Capacity | Comments Off on FERC Vacates Authorization for Broadwater Energy’s LNG Import Terminal
On Friday, FERC issued an order vacating authorization for construction and operation of Broadwater Energy’s proposed LNG import terminal, which was to be located in Long Island Sound off Long Island, N.Y. Broadwater notified FERC in March 2012 that it would not go forward with the project and requested vacatur of FERC’s authorization. FERC’s order vacated the...
FERC Requests Agency Participation for Environmental Review of Jordan Cove LNG Export Project
Posted on Jul 9, 2012 in Federal Regulation, LNG Exports | Comments Off on FERC Requests Agency Participation for Environmental Review of Jordan Cove LNG Export Project
FERC has requested that various agencies participate as cooperating agencies in the preparation of an environmental impact statement for Jordan Cove Energy Project’s proposed LNG export terminal to be located on the North Spit of Coos Bay, in Coos County, Ore., and related pipeline. FERC requested participation from the Bureau of Land Management, U.S. Coast Guard, U.S....
Cove Point LNG Rate Case Settlement Approved
Posted on Jul 9, 2012 in Federal Regulation, Regas Terminals & Capacity | Comments Off on Cove Point LNG Rate Case Settlement Approved
Today, FERC issued an order approving a settlement of Dominion Cove Point LNG’s rate case. The settlement includes, among other things, provisions for Cove Point to amend its tariff to provide for operational purchases and sales of LNG cooling quantities, including an associated cost recovery mechanism, provisions for liquefier usage and cost recovery, and a requirement that Cove...