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CEO of ConocoPhillips Says U.S. LNG Exports Are “Reasonable”

Ryan Lance, the chief executive of ConocoPhillips, said yesterday that he believes LNG exports from the Continental United States are “reasonable” due to the excess of U.S. natural gas supplies. According to Fox Business, Lance went on to say that ConocoPhillips and its other partners in the Golden Pass LNG import project, ExxonMobil and Qatargas, are discussing the future...

B.C. Premier Hopes to Sell LNG to Asian Gas Buyers

Premier Christy Clark of British Columbia will leave later this week for an eight-day trip to Japan, South Korea, and the Philippines. The Vancouver Sun reports that Premier Clark will focus on developing Asian LNG markets for her province’s natural gas. Premier Clark noted that although British Columbia represents an attractive LNG supply to Asian buyers, the global LNG market is...

European LNG Headlines

Europe Re-Exports Record Volume of LNG in April (Reuters)

Canadian Official Concerned about Losing LNG Export Opportunities

Canadian Minister of Natural Resources Joe Oliver told reporters Friday that he is concerned that Canadian companies may lose opportunities to the Australians to export LNG to Asia due to the slow pace of the Canadian regulatory approval process for LNG projects. Oliver hopes that the Canadian government’s recently published Responsible Resource Development plan will...

Cameron LNG Files to Initiate FERC Pre-Filing Process for LNG Export Facilities

Cameron LNG has filed a request with FERC to initiate the pre-filing review process for proposed liquefaction and export facilities to be constructed at Cameron’s existing LNG import terminal in Hackberry, La.  According to the request, Cameron LNG anticipates filing a formal application with FERC in December 2012.  Cameron Interstate Pipeline also filed a related request for its...

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