ConocoPhillips, Marathon, Dow Submit LNG Export Applications to DOE
Posted on Jul 1, 2010 in Federal Regulation, Liquefaction, Markets and Competition | Comments Off on ConocoPhillips, Marathon, Dow Submit LNG Export Applications to DOE
ConocoPhillips and Marathon submitted an application to the U.S. Department of Energy’s Office of Fossil Energy earlier this month requesting an extension to March 2013 of their blanket authorization to export LNG from the Kenai liquefaction facility in Alaska. Separately, Dow Chemical also submitted an application requesting blanket authorization to export LNG from the Freeport...
Kenai LNG Backers Seek Extension to Export Volumes Approved in 2008
Posted on Jun 21, 2010 in Federal Regulation, Liquefaction | Comments Off on Kenai LNG Backers Seek Extension to Export Volumes Approved in 2008
Earlier this month ConocoPhillips and Marathon Oil, the two owners of the Kenai LNG liquefaction facility, filed an application seeking an additional two years to export volumes approved in 2008 for shipment from 2009 to 2011. The Anchorage Daily News reports that the companies are seeking an extension of time to March 2013, citing the use of a single tanker and global market...
Analysts Express Diverse Views on Cheniere’s LNG Export Plan
Posted on Jun 17, 2010 in Liquefaction, Markets and Competition | Comments Off on Analysts Express Diverse Views on Cheniere’s LNG Export Plan
A number of LNG industry analysts expressed diverse views regarding Cheniere’s proposal to liquefy and export U.S. natural gas from the company’s Sabine Pass LNG facility. Platts LNG Daily [subscription required] provides...
Market Conditions, Politics Present Challenges for Cheniere’s LNG Export Plan
Posted on Jun 16, 2010 in Liquefaction, Markets and Competition, Policy, Legislation and Politics | Comments Off on Market Conditions, Politics Present Challenges for Cheniere’s LNG Export Plan
In an analysis of Cheniere’s proposal to export U.S. natural gas as LNG via the company’s Sabine Pass facility, Reuters (carried by Forexyard.com) predicts that the project will face significant financial and political challenges. Zach Allen of Pan Eurasian Enterprises told Reuters, “I am not sure the economics work out in Cheniere’s favor,” noting that...
Bechtel Selected to Construct Liquefaction Facilities at Sabine Pass LNG
Posted on Jun 15, 2010 in Liquefaction, Regas Terminals & Capacity | Comments Off on Bechtel Selected to Construct Liquefaction Facilities at Sabine Pass LNG
Cheniere announced last week that it has selected Bechtel Oil, Gas & Chemicals to design and construct the liquefaction facilities proposed for the Sabine Pass LNG project. Read more in the Oil & Gas...
Initial Export LNG Cargo from Peru to be Delivered to Sempra’s Energia Costa Azul Terminal
Posted on Jun 15, 2010 in Canada & Mexico, Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Initial Export LNG Cargo from Peru to be Delivered to Sempra’s Energia Costa Azul Terminal
Platts LNG Daily [subscription required] reported last week that the first LNG cargo exported from Peru will be delivered to the Energia Costa Azul LNG regasification terminal located in Baja California,...