Cameron Parish Supports SCT&E LNG Project
Posted on Jul 16, 2014 in Liquefaction, LNG Exports, State and Local Issues | Comments Off on Cameron Parish Supports SCT&E LNG Project
SCT&E LNG went before the Cameron Parish Police Jury to formally announce the twelve million metric tons per annum (mtpa) Liquefaction Project on Monkey Island. At the meeting, the Cameron Parish Police Jury announced its decision to fund a $150,000 feasibility study to determine the construction of one or more bridges linking Monkey Island with Cameron Parish mainland. The new...
Global Infrastructure Partners Purchases Stake in Freeport LNG
Posted on Jul 15, 2014 in LNG Exports, Markets and Competition | Comments Off on Global Infrastructure Partners Purchases Stake in Freeport LNG
Global Infrastructure Partners (GIP), a U.S. based, independent global infrastructure investor, announced its decision to buy 25% of Freeport LNG Development LP for $850 million from Hastings Funds Management Ltd. of Australia. Freeport LNG is a holding company for the LNG receiving and regasification terminal near Freeport, Texas. The Freeport joint venture received approval last...
Kinder Morgan Louisiana Pipeline LLC’s Files Application for Lake Charles Expansion Project at FERC
Posted on Jul 14, 2014 in Liquefaction, LNG Exports, Pipelines | Comments Off on Kinder Morgan Louisiana Pipeline LLC’s Files Application for Lake Charles Expansion Project at FERC
Liquefied Natural Gas Limited announced that the U.S. Federal Energy Regulatory Commission (FERC) has accepted Kinder Morgan Louisiana Pipeline LLC’s application for the Lake Charles Expansion Project. FERC established an August 1, 2014 deadline by which interested parties must formally intervene or submit comments on the filing. The FERC approval process for the Lake Charles...
Liquefied Natural Gas Limited Signs EPC Term Sheet with SK Engineering
Posted on Jul 14, 2014 in LNG Exports | Comments Off on Liquefied Natural Gas Limited Signs EPC Term Sheet with SK Engineering
Liquefied Natural Gas Limited has signed an Engineering, Procurement & Construction (EPC) Contract Term Sheet with SK Engineering and Construction for the Magnolia LNG project. John Baguley, Magnolia LNG Chief Operating Officer said “The EPC Term Sheet will materially assist in the early drafting of the LSTK EPC Contract and pave the way for a much shorter negotiation and...
Enbridge Says Alaskan Pipeline Could Be Ready by 2020
Posted on Jul 14, 2014 in Canada & Mexico, LNG Exports, Pipelines | Comments Off on Enbridge Says Alaskan Pipeline Could Be Ready by 2020
Enbridge is in discussions with Alaska to build an $8 billion natural gas pipeline if a competing project fails. Enbridge would be the builder and operator of a 1,163 kilometer pipeline that would carry natural gas from the North Slope to Fairbanks and other parts of southern...
Exelon Corp. Acquires 96 Percent Interest in Annova LNG
Posted on Jul 11, 2014 in Financing, LNG Exports | Comments Off on Exelon Corp. Acquires 96 Percent Interest in Annova LNG
Bloomberg News reports that Exelon Corp. has purchased a 96 percent share in Annova LNG. Annova LNG is currently developing a $1.3 billion LNG export terminal in Brownsville, Texas. At these facilities, Annova will shrink gas to 1/600th of its original volume through a refrigeration process. The terminal is expected to ship 2 million tons of gas per year and could eventually triple...