Petronas Releases Statement on Pacific NorthWest LNG Export Project
Posted on Mar 9, 2016 in Canada & Mexico, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Petronas Releases Statement on Pacific NorthWest LNG Export Project
Malaysian state oil company Petronas, primary sponsor of the proposed Pacific NorthWest LNG export terminal in British Columbia, issued a press release stating that it “is proactively taking steps to mature the project towards its Final Investment Decision” and, once a federal environmental assessment report is completed, it will review the report’s findings and the LNG market outlook...
Report: Planned U.S. LNG Export Terminals Face Market Uncertainty
Posted on Mar 7, 2016 in Federal Regulation, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Report: Planned U.S. LNG Export Terminals Face Market Uncertainty
The U.S. Department of Energy, Energy Information Administration, has released a brief overview of the status of U.S. LNG export terminals. The report notes that “[m]arket conditions have changed since many LNG export projects in the United States were initially proposed[,]” and planned terminals “face not only increased competition from other domestic and foreign terminals that have...
Venture Global Plaquemines LNG Files Application to Export to FTA and Non-FTA Nations
Posted on Mar 4, 2016 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Venture Global Plaquemines LNG Files Application to Export to FTA and Non-FTA Nations
Venture Global Plaquemines LNG, LLC (VGPL) has filed an application with the United States Department of Energy to export up to 1,240 Bcf/year of LNG over a 25-year period from its proposed liquefaction and LNG export terminal on the Mississippi River in Plaquemines Parish, La. VGPL requests authorization to export the LNG to nations with and without a Free Trade Agreement (FTA) with...
Crowley LNG Files for Canadian Export License
Posted on Mar 3, 2016 in Canada & Mexico, Federal Regulation, Liquefaction, LNG Exports | Comments Off on Crowley LNG Files for Canadian Export License
Crowley LNG, Inc. has filed an application with the Canadian National Energy Board to export up to 10 Bcf/year of LNG over 25 years to the United States and its territories. The LNG to be exported will be produced at the Tilbury LNG Plant in Delta, British Columbia and/or the Mount Hayes LNG Plant on Vancouver Island, both owned by FortisBC Energy Inc. LNG for export may also be...
Tokyo Gas Signs HOA for Cameron LNG Supplies
Posted on Mar 2, 2016 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Tokyo Gas Signs HOA for Cameron LNG Supplies
Tokyo Gas Co., Ltd. announced that it has signed a heads of agreement (HOA) with Mitsubishi Corporation subsidiary Diamond Gas International Pte. Ltd. for the sale and purchase of 200,000 tons/year of LNG over 20 years from the Cameron LNG export terminal under construction at Hackberry, La. The price for the LNG will be linked to the U.S. Henry Hub natural gas price. ...