Freeport LNG Files Application to Install NGL Extraction System
Posted on Aug 13, 2009 in Federal Regulation, Regas Terminals & Capacity | Comments Off on Freeport LNG Files Application to Install NGL Extraction System
Yesterday FERC issued a Notice of Filing stating that Freeport LNG Development, LP and Freeport LNG Expansion, LP submitted to the Commission an application requesting authorization to construct and operate a natural gas liquids (NGL) extraction system at the Freeport LNG terminal. The system will include two NGL extraction trains and is scheduled to go into service in June 2011. Find...
European LNG Headlines
Posted on Aug 13, 2009 in Markets and Competition | Comments Off on European LNG Headlines
Shell Buys Cargo for India from Belgium’s Zeebrugge Terminal (Platts LNG Daily) [subscription required]
Business Association Representative Encourages Port of Astoria to Renew Lease for Oregon LNG Site
Posted on Aug 13, 2009 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Business Association Representative Encourages Port of Astoria to Renew Lease for Oregon LNG Site
The Daily Astorian reports that a representative of the Warrenton Area Business Owners Association told the Port of Astoria Board of Commissioners that his group hopes that the Port will renew its lease of the state land that is sublet to Oregon LNG. The deadline for the Port to renew its lease is August...
Spot Market Activity Reported at Atlantic LNG
Posted on Aug 12, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Spot Market Activity Reported at Atlantic LNG
Reuters (carried via LexisNexis) [subscription required] reports that energy trader Vitol purchased an LNG cargo from the Atlantic LNG liquefaction facility in Trinidad. A source told Reuters that the cargo may be destined for the Zeebrugge LNG import terminal in Belgium. Separately, Reuters also reports that an LNG cargo also sourced from the Atlantic LNG facility is scheduled to be...
Mayor Describes Plans for Tax Payments from Freeport LNG
Posted on Aug 12, 2009 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Mayor Describes Plans for Tax Payments from Freeport LNG
Wallace Neeley, mayor of Quintana, Texas, has released his 2009-2010 budget that includes anticipated tax payments of more than $1.1 million from Freeport LNG. The budget is approximately $1 million more than the previous year and provides additional funds for infrastructure investment and long-term savings. The Facts provides additional...