European LNG Headlines
Posted on Jun 8, 2009 in Liquefaction | Comments Off on European LNG Headlines
Gazprom and StatoilHydro sign MoU (The Norway Post)
KBR Chief Executive Sees Increase in LNG Facility Construction in Coming Years
Posted on Jun 3, 2009 in Liquefaction, Markets and Competition | Comments Off on KBR Chief Executive Sees Increase in LNG Facility Construction in Coming Years
William Utt, CEO of the engineering and construction firm KBR Inc., said yesterday at the Reuters Global Energy Summit in New York City that he expects an uptick in the number of construction contracts for LNG production facilities around the world over the next two years. Reuters provides additional...
Kitimat LNG Continues Discussions with LNG Buyers, Suppliers
Posted on Jun 3, 2009 in Canada & Mexico, Liquefaction, Markets and Competition | Comments Off on Kitimat LNG Continues Discussions with LNG Buyers, Suppliers
The Calgary Herald provides details on Kitimat LNG’s memorandum of understanding to supply output from the facility to KOGAS and a similar tentative deal signed earlier this year with Mitsubishi. Rosemary Boulton, president of Kitimat LNG, said that Canadian gas producers also have shown interest in the project and supply deals are expected...
KOGAS Signs MOU with Kitimat LNG for 40 Percent of LNG Production
Posted on Jun 2, 2009 in Canada & Mexico, Liquefaction, Markets and Competition | Comments Off on KOGAS Signs MOU with Kitimat LNG for 40 Percent of LNG Production
Yesterday Kitimat LNG announced that it has signed a Memorandum of Understanding with Korea Gas Corporation (KOGAS). Under the terms of the agreement, KOGAS will acquire 40% of the LNG produced at the planned Kitimat LNG liquefaction facility (estimated at 2 million tons annually) over a 20 year period. The agreement also provides an option for KOGAS to acquire an equity stake in the...
FERC Addresses Request for Rehearing and Clarification in Kenai LNG Proceeding
Posted on May 21, 2009 in Federal Regulation, Liquefaction | Comments Off on FERC Addresses Request for Rehearing and Clarification in Kenai LNG Proceeding
This morning FERC issued an Order on Rehearing and Clarifying Prior Order in the Kenai LNG proceeding. In the order, FERC states that the existing Kenai LNG liquefaction terminal is not expected to conform to the current standards for construction and operation, but any future modifications or expansions will be held to the standards in effect at such time. In addition, FERC clarifies...
FERC to Address Kenai LNG Issues This Week at Commission Meeting
Posted on May 19, 2009 in Federal Regulation, Liquefaction | Comments Off on FERC to Address Kenai LNG Issues This Week at Commission Meeting
At its monthly Commission meeting on May 21, FERC will address issues relating to its January 15, 2009 determination that the Kenai LNG liquefaction facility in Alaska must comply with certain LNG terminal safety and reliability requirements. ConocoPhillips Alaska Natural Gas Corp and Marathon Oil Corporation, the joint owners and operators of the facility, had sought rehearing or...