NextDecade May Become Public Company
Posted on Mar 15, 2017 in Financing, Liquefaction, LNG Exports | Comments Off on NextDecade May Become Public Company
Harmony Merger Corp. (Harmony) and privately held NextDecade, LLC (NextDecade) have announced that they have executed a non-binding letter of intent for a business combination transaction which would result in NextDecade becoming a publicly listed company. NextDecade is the sponsor of the proposed Rio Grande LNG export terminal project located in Brownsville, Texas, and interconnected...
Shell Terminates Proposed Prince Rupert LNG Project
Posted on Mar 13, 2017 in Canada & Mexico, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Shell Terminates Proposed Prince Rupert LNG Project
The Globe and Mail reports that Royal Dutch Shell PLC has “officially shelved” its plans to build the Prince Rupert LNG export project at Ridley Island, British Columbia (BC). The article reports that Shell will continue advancing the proposed LNG Canada export terminal at Kitimat, BC. LNG Canada is a joint venture comprised of Shell Canada, PetroChina Co. Ltd., Korea Gas Corp. and...
Driftwood LNG Receives Long-Term FTA Export Authority
Posted on Mar 1, 2017 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Driftwood LNG Receives Long-Term FTA Export Authority
The U.S. Department of Energy has issued an order authorizing Driftwood LNG LLC to export domestically produced LNG by vessel from the proposed Driftwood LNG Facility located in Calcasieu Parish, La. to nations with a Free Trade Agreement (FTA) with the United States. The volume authorized for export is equivalent to approximately 1,496.5 Bcf/year of natural gas for a 30-year term....
Kinder Morgan, Inc. Sells 49% Interest in Elba Island LNG Export Terminal
Posted on Mar 1, 2017 in Financing, Liquefaction, LNG Exports | Comments Off on Kinder Morgan, Inc. Sells 49% Interest in Elba Island LNG Export Terminal
Kinder Morgan, Inc. announced that investment funds managed by EIG Global Energy Partners have become a 49% joint venture participant in Elba Liquefaction Company, L.L.C., which will own 10 liquefaction units and other ancillary equipment to be constructed for the proposed Elba Liquefaction Project at Kinder Morgan’s existing Elba Island LNG terminal near Savannah, Ga....
Venture Global Plaquemines LNG Files FERC Application
Posted on Mar 1, 2017 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Venture Global Plaquemines LNG Files FERC Application
Venture Global Plaquemines LNG, LLC and Venture Global Gator Express, LLC announced that they have completed the preliminary review process and filed a formal application with FERC for authorization to site, construct and operate the Plaquemines LNG export terminal and interconnected Gator Express pipeline system. The 20.0 million tonnes per annum Plaquemines LNG facility will be...
DOE Releases LNG Export Data Through December 2016
Posted on Feb 21, 2017 in Federal Regulation, Liquefaction, LNG Exports, Markets and Competition | Comments Off on DOE Releases LNG Export Data Through December 2016
The U.S. Department of Energy (DOE) has released data showing U.S. LNG import and export activity through December 2016. The report shows that during December, 15 cargoes of domestically produced LNG were exported via vessel from the Sabine Pass LNG terminal in Cameron Parish, La.: four cargoes to South Korea, three cargoes each to Mexico, China and Japan, and one cargo each to Egypt...