Magnolia LNG Receives Coast Guard Waterway Suitability Approval
Posted on Mar 3, 2015 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on Magnolia LNG Receives Coast Guard Waterway Suitability Approval
The U.S. Coast Guard has issued a Letter of Recommendation to FERC recommending that the Calcasieu River Ship Channel, through which Magnolia LNG proposes to transport LNG from its proposed LNG export terminal at Lake Charles, La., be considered suitable for LNG marine traffic as it relates to safety and security....
FERC Approves Cameron LNG Pre-Filing Request for Expansion
Posted on Mar 3, 2015 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Approves Cameron LNG Pre-Filing Request for Expansion
FERC has issued an order approving Cameron LNG’s request to initiate the pre-filing environmental review process for a proposed Expansion Project comprised of two additional liquefaction trains (Trains 4 and 5) and a fifth LNG tank to be located at the Cameron LNG terminal near Hackberry, La. The proposed Expansion Project will increase the LNG production capacity of the terminal by...
Petronas Final Investment Decision on B.C. LNG Export Terminal Expected by End of June 2015
Posted on Mar 2, 2015 in Canada & Mexico, Financing, Liquefaction, LNG Exports | Comments Off on Petronas Final Investment Decision on B.C. LNG Export Terminal Expected by End of June 2015
The Financial Post reports that Malaysian oil company Petronas expects to make a final investment decision on the proposed Pacific NorthWest LNG export terminal in British Columbia (B.C.) by the end of June 2015. The article also states that Petronas is in talks to sell another 10-12% share in the project, which would reduce Petronas’s share to approximately 50%....
Cheniere Subsidiary Sabine Pass Liquefaction to Offer $2 Billion in Senior Secured Notes due 2025
Posted on Feb 27, 2015 in Financing, Liquefaction, LNG Exports | Comments Off on Cheniere Subsidiary Sabine Pass Liquefaction to Offer $2 Billion in Senior Secured Notes due 2025
Cheniere Energy Partners, L.P. announced today that its wholly owned subsidiary, Sabine Pass Liquefaction, LLC (SPL), will offer $2 billion of Senior Secured Notes, priced at par, with an interest rate of 5.625% per annum to mature on March 1, 2025. The offering is expected to close on March 3, 2015. SPL intends to apply the net proceeds from the offering to pay capital costs and...
Delfin LNG Signs MOU with Lithuanian Energy Company and Joint Development Agreement with Höegh LNG
Posted on Feb 27, 2015 in LNG Exports, Markets and Competition | Comments Off on Delfin LNG Signs MOU with Lithuanian Energy Company and Joint Development Agreement with Höegh LNG
Delfin LNG LLC (Delfin) announced today that it has signed a memorandum of understanding (MOU) with natural gas supply and trading company LITGAS, which is part of the Lithuanian state-controlled Lietuvos Energija energy company group. Under the terms of the MOU, LITGAS intends to contract processing capacity at Delfin’s LNG export deepwater port in the Gulf of Mexico, off the...
Bear Head LNG Files for DOE LNG Export Authority
Posted on Feb 26, 2015 in Canada & Mexico, Federal Regulation, LNG Exports | Comments Off on Bear Head LNG Files for DOE LNG Export Authority
Bear Head LNG has filed an application with the U.S. Department of Energy (DOE) (1) to export 440 Bcf/year of natural gas from the United States to Canada via Maritimes & Northeast Pipeline, and (2) to export 8 million tonnes/year (approximately 397.6 Bcf) of LNG from Bear Head LNG’s proposed export terminal in Richmond County, Cape Breton, Nova Scotia to nations with and without a...