Cheniere to Make FID on Corpus Christi LNG Terminal Within 30 Days
Posted on Apr 14, 2015 in Financing, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Cheniere to Make FID on Corpus Christi LNG Terminal Within 30 Days
Reuters reported today that Cheniere Energy plans to make a final investment decision (FID) within 30 days on its proposed Corpus Christi LNG liquefaction and export terminal in Corpus Christi Bay, San Patricio County, Texas....
DOE Vacates Pangea LNG (North America) Holdings’ FTA Export Authority
Posted on Apr 14, 2015 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on DOE Vacates Pangea LNG (North America) Holdings’ FTA Export Authority
The U.S. Department of Energy (DOE) has issued an order: (1) vacating Pangea LNG (North America) Holdings’ (Pangea) authority to export LNG to nations with a Free Trade Agreement (FTA) with the United States from Pangea’s proposed South Texas LNG Export Project, (2) withdrawing Pangea’s pending Non-FTA export application, and (3) vacating DOE’s notice authorizing a change in control. ...
FERC Initiates Pre-Filing Review for Texas LNG Brownsville LLC Facility
Posted on Apr 14, 2015 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Initiates Pre-Filing Review for Texas LNG Brownsville LLC Facility
Today, FERC issued an order approving Texas LNG Brownsville LLC’s (Texas LNG) request for initiation of pre-filing environmental review procedures for its proposed 4 million tonnes per annum (approximately 0.5 Bcf/day) LNG production, storage and export facility to be located in the Port of Brownsville, Texas. FERC’s order can be found here, and the complete docket for the Texas LNG...
FERC Approves Rio Grande LNG’s Request to Initiate Pre-Filing Procedures
Posted on Apr 14, 2015 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Approves Rio Grande LNG’s Request to Initiate Pre-Filing Procedures
Yesterday, FERC issued an order approving Rio Grande LNG, LLC’s (RGLNG) request that FERC initiate the pre-filing environmental review process for RGLNG’s proposal to construct a natural gas liquefaction and LNG export terminal facility in Cameron County, Texas, along the north embankment of the Brownsville Ship Channel. The facility would have an LNG production capacity of...
FERC Releases Draft Environmental Impact Statement for Lake Charles LNG Export Project
Posted on Apr 10, 2015 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Releases Draft Environmental Impact Statement for Lake Charles LNG Export Project
FERC has released a Draft Environmental Impact Statement (DEIS) for the proposed Lake Charles liquefaction and LNG export terminal project proposed by Trunkline Gas Company and affiliates at the existing LNG import terminal at Lake Charles, La. The DEIS concludes that approval of the proposed project would have some adverse environmental impacts, but most of these impacts would be...
Moody’s Predicts Cancellation of Most Proposed U.S. LNG Export Terminal Projects Due to Low LNG Prices
Posted on Apr 7, 2015 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Moody’s Predicts Cancellation of Most Proposed U.S. LNG Export Terminal Projects Due to Low LNG Prices
Moody’s Investor Service has released a new report “Lower Oil Prices Cause Suppliers of Liquefied Natural Gas to Nix Projects,” which predicts that low LNG prices will result in the cancellation of most of the gas liquefaction and export terminal projects currently proposed in the United States and Canada. The report also predicts that such projects “already under...