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Annova Files Draft Resource Reports for Proposed Brownsville LNG Export Terminal

Annova has filed with FERC Preliminary Draft Resource Reports No. 1 (General Project Description) and 10 (Alternatives) for its proposed Annova LNG Brownsville export project on the southern bank of the Brownsville Ship Channel at mile marker 8.2 on the Brazos Santiago Pass, in Cameron County, Texas.  The reports were submitted as part of FERC’s pre-filing environmental review process...

Meridian LNG Holdings to Move Forward on Tolling Agreement with Magnolia LNG

Liquefied Natural Gas Limited, 100% owner of Magnolia LNG, LLC (Magnolia), announced that it has been notified by Meridian LNG Holdings Corp. (Meridian LNG) that Meridian LNG intends to move forward on the completion of a 20‐year liquefaction tolling agreement (LTA) with Magnolia, now that Meridian LNG has executed a 20‐year gas sales agreement with E.On Global Commodities SE (E.On...

Toho Gas Enters Into Heads of Agreement with Mitsubishi Subsidiary for Cameron LNG Supplies

Japanese gas company Toho Gas Co., Ltd. (Toho) has announced that it has entered into a Heads of Agreement with Diamond Gas International Pte. Ltd., a 100% subsidiary of Mitsubishi Corporation, for the purchase of LNG produced at the Cameron LNG project in Hackberry, La.  Under the agreement, Toho will purchase approximately 200,000 tons of LNG/year for 20 years from the start of...

Louisiana LNG Energy Re-Evaluating Gas Market

Louisiana LNG Energy (LLNGE) has submitted a report to FERC regarding the status of its proposed LNG export terminal (Project) on the Mississippi River downstream from the Port of New Orleans near Mile Marker 46.  LLNGE states that it is “currently re-evaluating the natural gas market and working with potential new investors for the Project” and the “Project schedule is anticipated to...

Dominion Cove Point LNG Submits Construction Status Report

Dominion Cove Point LNG has submitted a report to FERC on the status of construction of its LNG export terminal in Lusby, Md.  As of the period ending March 2015, engineering is 77.7% complete, procurement is 78% complete, and construction is less than 2% complete....

Canada Proposes to Extend Gas Export Licenses to 40 Years

Bloomberg reports that the Canadian budget for 2015 released yesterday includes a proposal to extend gas export licenses from the current 25 years to 40 years and provide tax breaks on investment in LNG facilities....

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