Local Utility to Withdraw Objection to Renewal of Kenai LNG’s Export License
Posted on May 14, 2009 in Liquefaction, Litigation, Policy, Legislation and Politics | Comments Off on Local Utility to Withdraw Objection to Renewal of Kenai LNG’s Export License
The Anchorage Daily News reports that the Alaskan local utility Chugach Electric Association has agreed to a natural gas supply agreement with ConocoPhillips for gas extracted from the Cook Inlet. Under the terms of the agreement, Chugach will withdraw its petition for review of the U.S. Department of Energy’s reauthorization of the license permitting ConocoPhillips and Marathon...
Kitimat LNG Export Project Could Yield Hundreds of Millions in Profits for First Nations
Posted on Apr 30, 2009 in Canada & Mexico, Liquefaction | Comments Off on Kitimat LNG Export Project Could Yield Hundreds of Millions in Profits for First Nations
A report carried today by the Vancouver Sun provides further details on an agreement among a number of Canadian First Nations, the British Columbian government, and the developers of a pipeline associated with the Kitimat LNG export project. The Sun reports that the First Nations could receive up to $1 billion in profits, tax revenue, and economic development opportunities over the...
FERC Extends Deadline for Kenai Liquefaction Facility Compliance
Posted on Apr 14, 2009 in Federal Regulation, Liquefaction | Comments Off on FERC Extends Deadline for Kenai Liquefaction Facility Compliance
Yesterday FERC extended the deadline for ConocoPhillips Alaska Natural Gas Corporation and Marathon Oil Company to comply with its January 15, 2009 order clarifying the Commission’s jurisdiction over the Kenai LNG liquefaction facility and requiring the companies to file additional information with the Commission within 90 days. FERC’s order setting a new deadline of...
First Nations Offered Equity Position in Pipeline Associated with Kitimat LNG Project
Posted on Apr 9, 2009 in Canada & Mexico, Liquefaction, Pipelines | Comments Off on First Nations Offered Equity Position in Pipeline Associated with Kitimat LNG Project
The Government of British Columbia announced that several of Canada’s First Nations have agreed to take an equity position in the Pacific Trail Pipelines Partnership, the company developing a natural gas pipeline designed to transport gas for export via the Kitimat LNG liquefaction project. The agreement with the First Nations includes a $3 million payment as an incentive for...
T&T Energy Ministry Outlines Challenges Facing Country’s LNG Industry
Posted on Apr 9, 2009 in Liquefaction, Markets and Competition | Comments Off on T&T Energy Ministry Outlines Challenges Facing Country’s LNG Industry
The Energy Ministry for Trinidad & Tobago told Platts LNG Daily [subscription required] that relatively low gas prices in the United States have had a “significant impact on gas revenues from LNG export and sales.” The ministry also said that it has not made a decision on whether to invest in another LNG liquefaction...
Marathon Cutting Gas Production in Alaska
Posted on Apr 6, 2009 in E&P, Liquefaction | Comments Off on Marathon Cutting Gas Production in Alaska
A Marathon Oil Co. official told the Alaska Journal of Commerce that the company is slowing its drilling of new natural gas production wells in Southcentral Alaska. Much of Marathon’s gas production in this region is exported to Japan via the Kenai LNG liquefaction...