Reuters: Trump Statement that Europe to Become Massive Buyer of U.S. LNG May Not Pan Out
Posted on Jul 26, 2018 in LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on Reuters: Trump Statement that Europe to Become Massive Buyer of U.S. LNG May Not Pan Out
Reuters reports that contrary to recent statements by European Commission President Jean-Claude Juncker that the EU would build more terminals to handle America’s LNG, and by President Trump that Europe would be a massive buyer of U.S. LNG, the reality is that “three-quarters of Europe’s existing import facilities lie empty while demand for U.S. LNG on the continent remains limited. ...
DOE Releases Rule to Expedite Small-Scale Gas Exports
Posted on Jul 24, 2018 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on DOE Releases Rule to Expedite Small-Scale Gas Exports
The Hill reports that today the U.S. Department of Energy (DOE) released a final rule under which DOE “will automatically approve gas export applications if they would be at or below 51.75 billion cubic feet of exports per year and do not rise to the level of requiring an environmental review.” The rule also covers LNG...
FERC and PHMSA to Sign MOU to Expedite LNG Facility Permitting
Posted on Jul 24, 2018 in Federal Regulation, Liquefaction, LNG Exports, Safety & Security | Comments Off on FERC and PHMSA to Sign MOU to Expedite LNG Facility Permitting
The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) and FERC announced last week that they “have agreed to develop a Memorandum of Understanding (MOU) that would refine and reduce the permit application review process for proposed LNG facilities. . . . The MOU will clarify each agency’s respective role in the permitting process for...
Elba Island In-Service Date Pushed Back to Q4 2018
Posted on Jul 19, 2018 in Liquefaction, LNG Exports | Comments Off on Elba Island In-Service Date Pushed Back to Q4 2018
Kinder Morgan announced that the initial in-service date for its liquefaction and LNG export terminal at Elba Island, near Savannah, Ga., has been pushed back one quarter to the fourth quarter of 2018. With an anticipated liquefaction capacity of 2.5 million tonnes per year, final units at the facility are expected to come online by the third quarter of 2019. The project is supported...
Woodside Petroleum Backs Out of Port Arthur LNG Project
Posted on Jul 19, 2018 in Financing, Liquefaction, LNG Exports | Comments Off on Woodside Petroleum Backs Out of Port Arthur LNG Project
Bloomberg reports that Woodside Petroleum Ltd. has announced that it will not participate in the development of Sempra Energy’s proposed Port Arthur LNG liquefaction facility and export terminal in Port Arthur, Texas. Woodside Chief Executive Officer Peter Coleman is quoted as saying, “[i]t got to a point where it got below our investment returns and we said we need to put our money...