Some U.S. Companies Raise Concerns About U.S. LNG Export Volumes
Posted on Jan 11, 2012 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on Some U.S. Companies Raise Concerns About U.S. LNG Export Volumes
The Financial Times reports that several U.S. companies, including Alcoa and members of the Industrial Energy Consumers of America (IECA), have voiced concerns regarding the possible effect U.S. LNG exports will have on domestic natural gas prices. IECA noted that the group is not opposed to natural gas exports, but that it wants the U.S. Department of Energy to conduct a...
Crown Landing Cancels Proposed LNG Import and Regasification Project
Posted on Jan 9, 2012 in Federal Regulation, Markets and Competition, Regas Terminals & Capacity | Comments Off on Crown Landing Cancels Proposed LNG Import and Regasification Project
Crown Landing LLC has surrendered its LNG import and regasification authorization issued by FERC. In its letter to the Commission, available in the eLibrary under Docket No. CP04-411, Crown Landing noted that increased production from North American gas shale plays and growing demand for natural gas around the world have combined to “make it unlikely that the company can secure...
FERC Sets Comment Date for Freeport LNG Liquefaction Application
Posted on Jan 3, 2012 in Federal Regulation, LNG Exports, Regas Terminals & Capacity | Comments Off on FERC Sets Comment Date for Freeport LNG Liquefaction Application
FERC has set a comment date of January 11, 2012, for parties interested in commenting on the application submitted last month by Freeport LNG seeking to install liquefaction and export facilities at its existing LNG terminal. Find further details in the Federal Register. In a separate action, FERC granted Freeport LNG a one-year extension to complete its modification of the existing...
FERC: Sabine Pass LNG Liquefaction Project Not a Major Federal Action
Posted on Jan 3, 2012 in Environmental, Federal Regulation, LNG Exports | Comments Off on FERC: Sabine Pass LNG Liquefaction Project Not a Major Federal Action
Last week, FERC announced that its staff has determined that approval of the proposed Sabine Pass LNG liquefaction project will not constitute a major federal action, as long as appropriate mitigation measures are adopted. The Environmental Assessment detailing FERC’s findings is available under Docket No. CP11-72 in FERC’s eLibrary. Separately, Sabine Pass Liquefaction...
Industry Report: Total Concerned With Possibility that Sabine Pass LNG Export Permit Could Be Rescinded
Posted on Dec 21, 2011 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on Industry Report: Total Concerned With Possibility that Sabine Pass LNG Export Permit Could Be Rescinded
A report in “Poten & Partners – LNG in World Markets” suggests that Total remains interested in an LNG export deal with Cheniere Energy at the Sabine Pass terminal, but that the French company is concerned about contractual provisions that would require Total to pay a fixed charge for two years following declaration of force majeure. According Platts LNG Daily...
FERC to Issue EA for Sabine Pass LNG Export Project By Year’s End
Posted on Dec 19, 2011 in Environmental, Federal Regulation, LNG Exports | Comments Off on FERC to Issue EA for Sabine Pass LNG Export Project By Year’s End
FERC announced last week that it will issue an Environmental Assessment (EA) on the proposed Sabine Pass LNG liquefaction and export project on December 28, 2011. Find the filing in FERC’s eLibrary under Docket No....