Corpus Christi Liquefaction Requests Initiation of FERC Pre-Filing Review Process for Expansion
Posted on Jun 3, 2015 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on Corpus Christi Liquefaction Requests Initiation of FERC Pre-Filing Review Process for Expansion
Corpus Christi Liquefaction (CCL) has filed a request with FERC to initiate the pre-filing environmental review process for its proposed Stage 3 expansion project at the CCL LNG export terminal under construction near Corpus Christi, Texas. Under the Stage 3 project, CCL intends to construct, among other things, two ConocoPhillips Optimized CascadeSM LNG liquefaction trains, each...
Sempra LNG and Woodside Sign MOU for Potential Development of Port Arthur LNG Export Terminal
Posted on Jun 3, 2015 in Liquefaction, LNG Exports | Comments Off on Sempra LNG and Woodside Sign MOU for Potential Development of Port Arthur LNG Export Terminal
Today, Sempra LNG, a unit of Sempra Energy, announced that it has executed a non-binding Memorandum of Understanding (MOU) with an affiliate of Australian company Woodside Petroleum Ltd. (Woodside) to commence discussions and assessments for the potential development of Sempra LNG’s proposed Port Arthur LNG liquefaction and LNG export project in Port Arthur, Texas. Port Arthur...
Low LNG Prices Could Delay New LNG Export Terminal Projects
Posted on Jun 2, 2015 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Low LNG Prices Could Delay New LNG Export Terminal Projects
Bloomberg reports that Dave McCurdy, President of the American Gas Association, told reporters last week that the recent five-year low prices for LNG in Asia and Europe could cause delays for new LNG export terminals as they face a harder time negotiating economically viable sales and purchase contracts to support their projects....
Environmental Groups Ask for Court Stay of Dominion Cove Point LNG Authorizations
Posted on Jun 2, 2015 in Environmental, Federal Regulation, Liquefaction, Litigation, LNG Exports | Comments Off on Environmental Groups Ask for Court Stay of Dominion Cove Point LNG Authorizations
EarthReports, Inc. (d.b.a. Patuxent Riverkeeper), Sierra Club, and the Chesapeake Climate Action Network have filed a motion with the U.S. Court of Appeals for the D.C. Circuit requesting an immediate stay of two FERC orders authorizing construction and operation of the Dominion Cove Point LNG export terminal in Lusby, Md., and to halt all construction on the project. The groups...
Venture Global LNG Closes on Additional $84.5 Million Financing Deal
Posted on Jun 1, 2015 in Financing, Liquefaction, LNG Exports | Comments Off on Venture Global LNG Closes on Additional $84.5 Million Financing Deal
Venture Global LNG, Inc. (“Venture”) announced today that it has closed on a third round of equity financing in the amount of $84.5 million. Venture has raised a total of over $210 million in capital for its proposed LNG export terminal on the Calcasieu Ship Channel in Cameron Parish, La....
Cheniere Requests Prompt FERC Action on Rehearing of Sabine Pass Stage 3 Facility Authorization
Posted on May 29, 2015 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Cheniere Requests Prompt FERC Action on Rehearing of Sabine Pass Stage 3 Facility Authorization
Cheniere Energy (Cheniere) has sent a letter to FERC Chairman Norman Bay requesting that FERC act no later than June 6, 2015, on Sierra Club’s request for rehearing of FERC’s order authorizing the Stage 3 Project (Liquefaction Trains 5 and 6) facilities at the Sabine Pass LNG terminal in Cameron Parish, La. Cheniere states in the letter that the Stage 3 Project is ready to begin...