Sempra Signs MOU to Develop Mexican Liquefaction Facility
Posted on Feb 20, 2015 in Canada & Mexico, Liquefaction | Comments Off on Sempra Signs MOU to Develop Mexican Liquefaction Facility
Sempra Energy has announced that its subsidiaries IEnova and Sempra LNG have signed a Memorandum of Understanding with a subsidiary of PEMEX, Mexico’s state-owned petroleum company, for cooperation and coordination in developing a natural gas liquefaction facility at the site of the existing Energía Costa Azul LNG import terminal near Ensenada, Baja California,...
Canadian Federal Government Proposes Accelerated Capital Cost Allowance for LNG Facilities
Posted on Feb 20, 2015 in Canada & Mexico, Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on Canadian Federal Government Proposes Accelerated Capital Cost Allowance for LNG Facilities
Canada’s federal government has proposed revised tax regulations that would increase the capital cost allowance (CCA) rate for equipment used in natural gas liquefaction from 8% to 30% and increase the CCA rate for buildings at a liquefaction facility from 6% to 10%. The proposed tax relief would be available for capital assets acquired after February 19, 2015 and before 2025. The...
Bear Head LNG Passes Environmental Review
Posted on Feb 18, 2015 in Canada & Mexico, Environmental, Federal Regulation, LNG Exports | Comments Off on Bear Head LNG Passes Environmental Review
Liquefied Natural Gas Limited announced that its wholly owned subsidiary Bear Head LNG Corporation received notice from the Canadian Environment Assessment Agency that it has reviewed information regarding the proposed Bear Head LNG export terminal in Richmond County, Nova Scotia and concluded that: (1) the design for the proposed project will be substantially the same as that which...
Proposed B.C. Bill Would Extend Provincial Law to LNG Facilities on Canadian Federal Port Lands
Posted on Feb 18, 2015 in Canada & Mexico, LNG Exports | Comments Off on Proposed B.C. Bill Would Extend Provincial Law to LNG Facilities on Canadian Federal Port Lands
On Monday, British Columbia (B.C.) Deputy Premier and Minister of Natural Gas Development Rich Coleman introduced a bill to the B.C. legislature to regulate the construction, operations and permitting of LNG development on federal port lands. Bill 12, the Federal Port Development Act, would extend provincial authority and application of provincial law to LNG-related development on...
Repsol Subsidiary Files Application to Import U.S. Gas Supplies for Export as LNG from Canaport Terminal
Posted on Feb 13, 2015 in Canada & Mexico, Federal Regulation, Liquefaction, LNG Exports | Comments Off on Repsol Subsidiary Files Application to Import U.S. Gas Supplies for Export as LNG from Canaport Terminal
Saint John LNG Development Company Ltd., a wholly-owned subsidiary of Repsol St. John LNG S.L., which is indirectly owned by Repsol, S.A. of Spain, has filed an application with the Canadian National Energy Board for 25-year authorization to import 272 Bcf/year of natural gas from the United States via Maritimes & Northeast Pipeline. Saint John LNG Development also applied for...
New Times Energy Files Application to Export LNG from B.C.
Posted on Feb 12, 2015 in Canada & Mexico, Federal Regulation, LNG Exports | Comments Off on New Times Energy Files Application to Export LNG from B.C.
New Times Energy Ltd has filed an application with the Canadian National Energy Board for a 25-year license to export 12 million tonnes/year (586 Bcf) of LNG from a proposed floating LNG terminal facility near Prince Rupert, British...