ENGIE and AES Andres DR Agree to Joint Marketing Agreement
Posted on Dec 7, 2016 in Liquefaction, LNG Exports, Markets and Competition, Regas Terminals & Capacity | Comments Off on ENGIE and AES Andres DR Agree to Joint Marketing Agreement
ENGIE and AES Andres DR, S.A. (AES Andres), a subsidiary of The AES Corporation, announced that they have agreed to enter into a 12-year binding agreement to jointly market 0.7 million tonnes per annum (mtpa) of LNG in the Caribbean. Under the agreement, ENGIE will provide up to 0.7 mtpa of LNG, primarily from the Cameron LNG terminal in Cameron Parish, La., which is expected to come...
Port Arthur LNG Files FERC Application
Posted on Dec 2, 2016 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Port Arthur LNG Files FERC Application
Port Arthur LNG, LLC (Port Arthur) has filed applications with FERC for authority to construct and operate a liquefaction and LNG export terminal at the City of Port Arthur, Texas and an interconnected pipeline. The Liquefaction Project will include two liquefaction trains each capable of producing under optimal conditions 6.73 million tonnes of LNG per annum (“MTPA”) or approximately...
GE Oil & Gas Invests $25 Million in Driftwood LNG Parent
Posted on Dec 2, 2016 in Financing, Liquefaction, LNG Exports | Comments Off on GE Oil & Gas Invests $25 Million in Driftwood LNG Parent
Tellurian Investments Inc. (Tellurian), owner of Driftwood LNG, has announced that GE Oil & Gas has made a $25 million preferred equity investment in Tellurian. The proposed Driftwood LNG export terminal would be located on the west side of the Calcasieu River, near Carlyss, Calcasieu Parish, La. Tellurian President and CEO Meg Gentle said in a press release: “This investment...
DOE Grants Carib Energy Non-FTA LNG Export Authority
Posted on Nov 28, 2016 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on DOE Grants Carib Energy Non-FTA LNG Export Authority
Today, the U.S. Department of Energy (DOE) issued an order authorizing Carib Energy (USA) LLC to export over a 20-year period 1.3 Bcf/year (0.004 Bcf/day) of LNG in ISO containers to nations in Central America, South America, or the Caribbean that do not have a Free Trade Agreement with the United States. The LNG can be sourced from the following five existing natural gas liquefaction...
DOE Releases LNG Export Data for September 2016
Posted on Nov 18, 2016 in Federal Regulation, Liquefaction, LNG Exports, Markets and Competition | Comments Off on DOE Releases LNG Export Data for September 2016
The U.S. Department of Energy (DOE) has released data showing U.S. LNG import and export activity through September 2016. The report shows that during September, five cargoes of domestically produced LNG were exported via vessel from the Sabine Pass LNG terminal in Cameron Parish, La., one cargo each to Mexico, Jordan, India, Turkey and Kuwait at prices ranging from $4.73 to...
ConocoPhillips Looks to Sell Kenai LNG Terminal
Posted on Nov 18, 2016 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on ConocoPhillips Looks to Sell Kenai LNG Terminal
Alaska Dispatch News reports that ConocoPhillips is in the “initial stages” of trying to sell its LNG export terminal on the Kenai Peninsula, Nikiski, Alaska due to market conditions. The report states that the terminal has operated since 1969 exporting LNG from Cook Inlet for export to overseas markets. ...