Freeport LNG Affiliate and Sumitomo Enter Into HOA
Posted on Sep 7, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Freeport LNG Affiliate and Sumitomo Enter Into HOA
FLNG Liquefaction 4, LLC, a wholly owned subsidiary of Freeport LNG Development, L.P., and Sumitomo Corporation of Americas (SCOA) jointly announced that they have entered into a binding Heads of Agreement (HOA) for 2.2 million tons per year of LNG. Under the HOA, SCOA has agreed to negotiate for a 20-year liquefaction tolling agreement (LTA). The LTA is expected to start in 2023 upon...
Venture Global LNG and Repsol Reach Deal for Calcasieu Pass LNG Supplies
Posted on Sep 7, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Venture Global LNG and Repsol Reach Deal for Calcasieu Pass LNG Supplies
Reuters reports that Venture Global LNG (VGL) has entered into a 20-year agreement to supply Spanish energy company Repsol SA with one million tons per year of LNG from VGL’s proposed Calcasieu Pass LNG export facility in Cameron Parish, La. According to the report, Repsol will purchase the LNG on a free on board (FOB) basis beginning upon commercial operation of the Calcasieu Pass LNG...
Galveston Bay LNG Requests Initiation of FERC Pre-Filing Process
Posted on Sep 5, 2018 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on Galveston Bay LNG Requests Initiation of FERC Pre-Filing Process
Galveston Bay LNG, LLC and Galveston Bay Header System (together, “GB Developers”) have filed a request with FERC to initiate FERC’s pre-filing environmental review process for their proposed liquefaction facility, LNG export terminal, and interconnected pipeline on Galveston Bay at Shoal Point, adjacent to the Texas City Ship Channel. The proposed terminal will have three LNG...
FERC Issues Environmental Review Schedules for 12 Pending LNG Terminal Applications
Posted on Sep 5, 2018 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Issues Environmental Review Schedules for 12 Pending LNG Terminal Applications
FERC announced that its Staff has issued environmental review schedules for 12 LNG terminal applications pending before it. The schedules reflect FERC’s efforts in recent months to streamline its review process for LNG project applications. Schedules were issued for the following proposed LNG projects: Alaska LNG Annova LNG Brownsville Corpus Christi Liquefaction Stage 3 Driftwood...
FERC Releases Anticipated Final Order Dates for Three LNG Projects
Posted on Sep 5, 2018 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Releases Anticipated Final Order Dates for Three LNG Projects
FERC has issued notices of the anticipated dates of final orders for the following LNG export terminal projects: Gulf LNG (July 16, 2019); Venture Global Calcasieu Pass (January 22, 2019); and Alaska LNG (February 6, 2020). ...
Rio Grande LNG EPC Contract Now Expected Third Quarter 2019
Posted on Sep 5, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Rio Grande LNG EPC Contract Now Expected Third Quarter 2019
Platts reports that NextDecade has decided not to move forward with an engineering, procurement and construction (EPC) contract with McDermott International for NextDecade’s proposed Rio Grande LNG project on the Brownsville, Texas Ship Channel. An EPC contract is now expected to be reached in the third quarter of 2019 after competitive bidding process and prior to a final investment...