Pieridae Energy to Acquire Access to Alberta Gas Reserves
Posted on Aug 27, 2018 in Canada & Mexico, Financing, LNG Exports | Comments Off on Pieridae Energy to Acquire Access to Alberta Gas Reserves
Pieridae Energy Limited (Pieridae), sponsor of the proposed Goldboro LNG project in Nova Scotia, and Ikkuma Resources Corp. (Ikkuma) have announced that they have entered into a definitive agreement providing for the acquisition by Pieridae of all of the issued and outstanding shares of Ikkuma, which “will provide Pieridae with ownership of an extensive area of producing and gas-prone...
Corpus Christi Liquefaction Files Construction Status Report
Posted on Aug 21, 2018 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Corpus Christi Liquefaction Files Construction Status Report
Corpus Christi Liquefaction has filed a report with FERC covering construction through July 2018 at its Corpus Christi, Texas, liquefaction and LNG export terminal. The report states that Stage 1 (Trains 1 and 2) engineering and procurement are now 100% complete; subcontract and direct hire construction work are 78.2% and 80.7% complete, respectively; and overall project completion for...
CCL Cleared to Introduce Feed Gas for Train 1
Posted on Aug 20, 2018 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on CCL Cleared to Introduce Feed Gas for Train 1
FERC has issued a letter order granting Corpus Christi Liquefaction, LLC’s (CCL) request to introduce feed gas in support of commissioning activities for Train 1 and the dry flare systems at CCL’s liquefaction and LNG export terminal at Corpus Christi,...
Cheniere and CPC Sign 25-Year LNG SPA
Posted on Aug 20, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Cheniere and CPC Sign 25-Year LNG SPA
Cheniere Energy, Inc. announced that its subsidiary Cheniere Marketing International LLP has entered into an LNG sale and purchase agreement (SPA) with CPC Corporation, Taiwan (CPC). CPC has agreed to purchase approximately 2 million tonnes per annum of LNG from Cheniere Marketing on a delivered ex-ship basis for a term of 25 years, beginning in 2021. The purchase price for LNG is...
United States and Panama to Sign Regional LNG Expansion Pact
Posted on Aug 20, 2018 in LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on United States and Panama to Sign Regional LNG Expansion Pact
Reuters reports that the United States and Panama will sign an agreement intended to expand private investment to allow greater U.S. LNG access to Latin American countries. Under the proposal, U.S. LNG supplies would be shipped to the new AES Colón LNG terminal in Panama and then distributed to countries the...