Magnolia LNG Receives Coast Guard Waterway Suitability Approval
Posted on Mar 3, 2015 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on Magnolia LNG Receives Coast Guard Waterway Suitability Approval
The U.S. Coast Guard has issued a Letter of Recommendation to FERC recommending that the Calcasieu River Ship Channel, through which Magnolia LNG proposes to transport LNG from its proposed LNG export terminal at Lake Charles, La., be considered suitable for LNG marine traffic as it relates to safety and security....
FERC Approves Cameron LNG Pre-Filing Request for Expansion
Posted on Mar 3, 2015 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Approves Cameron LNG Pre-Filing Request for Expansion
FERC has issued an order approving Cameron LNG’s request to initiate the pre-filing environmental review process for a proposed Expansion Project comprised of two additional liquefaction trains (Trains 4 and 5) and a fifth LNG tank to be located at the Cameron LNG terminal near Hackberry, La. The proposed Expansion Project will increase the LNG production capacity of the terminal by...
Petronas Final Investment Decision on B.C. LNG Export Terminal Expected by End of June 2015
Posted on Mar 2, 2015 in Canada & Mexico, Financing, Liquefaction, LNG Exports | Comments Off on Petronas Final Investment Decision on B.C. LNG Export Terminal Expected by End of June 2015
The Financial Post reports that Malaysian oil company Petronas expects to make a final investment decision on the proposed Pacific NorthWest LNG export terminal in British Columbia (B.C.) by the end of June 2015. The article also states that Petronas is in talks to sell another 10-12% share in the project, which would reduce Petronas’s share to approximately 50%....
Cheniere Subsidiary Sabine Pass Liquefaction to Offer $2 Billion in Senior Secured Notes due 2025
Posted on Feb 27, 2015 in Financing, Liquefaction, LNG Exports | Comments Off on Cheniere Subsidiary Sabine Pass Liquefaction to Offer $2 Billion in Senior Secured Notes due 2025
Cheniere Energy Partners, L.P. announced today that its wholly owned subsidiary, Sabine Pass Liquefaction, LLC (SPL), will offer $2 billion of Senior Secured Notes, priced at par, with an interest rate of 5.625% per annum to mature on March 1, 2025. The offering is expected to close on March 3, 2015. SPL intends to apply the net proceeds from the offering to pay capital costs and...
DOE Authorizes Sabine Pass to Export Additional LNG Volumes to FTA Nations
Posted on Feb 26, 2015 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on DOE Authorizes Sabine Pass to Export Additional LNG Volumes to FTA Nations
The U.S. Department of Energy (DOE) has authorized Sabine Pass Liquefaction (SPL) to export an additional 203 Bcf/year over 25 years from its LNG export terminal under construction in Cameron Parish, La. to nations with a Free Trade Agreement with the United States (FTA nations). The additional volumes represent the difference between the initial design capacity and the maximum LNG...
Liquefied Natural Gas Limited Completes Patent Process for LNG Production Process
Posted on Feb 25, 2015 in Liquefaction, LNG Exports, Technology, Uncategorized | Comments Off on Liquefied Natural Gas Limited Completes Patent Process for LNG Production Process
Liquefied Natural Gas Limited (LNG Ltd.), parent company of North American LNG export terminal sponsors Magnolia LNG and Bear Head LNG, announced that it has completed the application process with the U.S. Patent and Trademark Office for a patent on its OSMR® (Optimized Single Mixed Refrigerant) natural gas liquefaction process. LNG Ltd. expects the patent to be issued in April 2015....