Report Questions Canada’s Preparedness for Future LNG Market
Posted on Jul 11, 2014 in Canada & Mexico, Federal Regulation, LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on Report Questions Canada’s Preparedness for Future LNG Market
A report published in July 2014 by the University of Calgary, School of Public Policy says there is a serious risk of Canada losing out on a large share of the global LNG market. The market for natural gas in the Asia-Pacific region is expected to increase over 60% by 2025, and LNG is predicted to comprise almost 66% of the global gas market by 2035. These opportunities would open a...
GDF Suez, Mitsubishi, and NYK Sign Agreement Related to LNG Bunkering
Posted on Jul 10, 2014 in Environmental, LNG Exports, Vessel Transportation | Comments Off on GDF Suez, Mitsubishi, and NYK Sign Agreement Related to LNG Bunkering
GDF Suez, Mitsubishi Corp., and Nippon Yusen Kaisha (NYK) signed a framework agreement related to the development of an LNG bunkering vessel and an LNG bunkering supply contract between GDF Suez and United European Car Carriers. Under the agreement, NYK will operate an LNG bunkering vessel to be built in South Korea and delivered by 2016. The LNG bunkering vessel will transport LNG...
DOE Approves Changes to Cameron LNG Export Authorization
Posted on Jul 9, 2014 in Federal Regulation, LNG Exports | Comments Off on DOE Approves Changes to Cameron LNG Export Authorization
The Department of Energy (“DOE”) issued an order approving changes in the control of export authorizations. In February 2014, Cameron LNG, LLC (“Cameron”) filed an application with the Office of Fuel Energy (“FE”) of the DOE to transfer indirect control of a DOE/FE authorization to export LNG to free-trade-agreement (“FTA”) countries and a DOE/FE conditional authorization to export...
Vancouver Island First Nations Band Signs Agreement with Steelhead LNG
Posted on Jul 8, 2014 in Canada & Mexico, Liquefaction, LNG Exports | Comments Off on Vancouver Island First Nations Band Signs Agreement with Steelhead LNG
The Huu-ay-aht First Nations (HFN) and Steelhead LNG Corp. announced an agreement to begin an LNG project at Sarita Bay in British Columbia, Canada. The proposed project includes a liquefaction facility at the southern end of Alberni Inlet on Vancouver Island. Steelhead LNG applied to the National Energy Board on July 8 for a license to export 30 million tonnes of LNG per year for 25...
Golden Pass Products Files Formal FERC Application
Posted on Jul 8, 2014 in LNG Exports | Comments Off on Golden Pass Products Files Formal FERC Application
Golden Pass Products LLC submitted a formal application to FERC to add export capabilities to the existing Golden Pass LNG import facility near the Louisiana-Texas border in Sabine Pass, Texas. If approved, the expansion would allow Golden Pass the flexibility to import and export natural gas in response to market conditions. The application process will require environmental impact...
PHMSA Proposed LNG Facility User Fee Rate Increase
Posted on Jul 7, 2014 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on PHMSA Proposed LNG Facility User Fee Rate Increase
The Pipeline and Hazardous Materials Safety Administration (PHMSA) issued a Notice of Agency Action on July 3, 2014 of an increase in the user fee rates 5 percent of the total gas program costs. The increase will be implemented incrementally over a three-year period. Interested parties can submit comments until September 2,...