U.S. Senators Ask DOE to Slow Down LNG Export Approvals
Posted on Sep 26, 2016 in Federal Regulation, Liquefaction, LNG Exports, Markets and Competition | Comments Off on U.S. Senators Ask DOE to Slow Down LNG Export Approvals
A group of twelve U.S. Senators has sent a letter to U.S. Secretary of Energy Moniz requesting that “DOE slow its [LNG export] approval process until the full impacts of currently approved exports are realized.” The letter expresses concerns that LNG exports will increase domestic natural gas prices, noting that “more than 60 percent of 2015 natural gas production has been approved...
Alaska and ConocoPhillips Sign MOU to Market North Slope Gas
Posted on Sep 22, 2016 in Liquefaction, LNG Exports, Markets and Competition, State and Local Issues | Comments Off on Alaska and ConocoPhillips Sign MOU to Market North Slope Gas
The State of Alaska, through the Alaska Gasline Development Corporation (AGDC) and ConocoPhillips Alaska Inc. have executed a Memorandum of Understanding (MOU) regarding negotiations to form a joint venture company (JV) to market LNG from the proposed Alaska LNG project to global LNG markets and acquire North Slope gas, with the goal of bringing LNG buyers and North Slope wellhead...
Sabine Pass Train 2 Reaches Substantial Completion
Posted on Sep 20, 2016 in Liquefaction, LNG Exports | Comments Off on Sabine Pass Train 2 Reaches Substantial Completion
Cheniere Energy announced that liquefaction Train 2 at its Sabine Pass LNG terminal in Cameron Parish, La., has reached “substantial completion.” Commissioning has been completed and construction contractor Bechtel “is turning over care, custody, and control of Train 2 to Cheniere Partners.” The turnover will be done in coordination with planned scheduled maintenance to Train 1 and...
Pivotal LNG and Carib Energy Reach Multi-Year Supply Agreement for Puerto Rican Company
Posted on Sep 2, 2016 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Pivotal LNG and Carib Energy Reach Multi-Year Supply Agreement for Puerto Rican Company
Pivotal LNG announced that it has reached a multi-year agreement to sell LNG to Carib Energy LLC, a Crowley Maritime Corp. subsidiary. Crowley will transport and deliver the LNG in ISO containers from its Jacksonville, Fla. shipping terminal to Molinos de Puerto Rico, a subsidiary of Ardent Mills LLC, Puerto Rico’s “leading supplier of flour as well as wheat, corn and rice-based food...
FERC Orders Approving Aguirre Offshore Gasport Challenged in Court
Posted on Aug 30, 2016 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Orders Approving Aguirre Offshore Gasport Challenged in Court
Comité Diálogo Ambiental, Inc. (“Diálogo”) has filed a petition for review with the U.S. Court of Appeals for the D.C. Circuit challenging FERC’s orders authorizing construction and operation of Aguirre Offshore GasPort, LLC’s (“Gasport”) proposed LNG import terminal on the southern shore of Puerto Rico near Salinas. Diálogo challenges FERC’s approval of Gasport “before completing the...
Producer Sponsors Not Moving Forward on Alaska LNG Project
Posted on Aug 26, 2016 in Financing, Liquefaction, LNG Exports, Markets and Competition, State and Local Issues | Comments Off on Producer Sponsors Not Moving Forward on Alaska LNG Project
Alaska Dispatch News reports that at a hearing before Alaska state legislators, ExxonMobil said it will not move forward with the front-end engineering and design, or FEED phase of development of the Alaska LNG Project, which was set to start in 2017 and was expected to cost up to $2 billion. ConocoPhillips and BP, the other two producer sponsors of the project, also indicated that...