Canadian National Energy Board Issues Gas Export Licenses to Aurora LNG and Oregon LNG Marketing
Posted on May 2, 2014 in Canada & Mexico, LNG Exports | Comments Off on Canadian National Energy Board Issues Gas Export Licenses to Aurora LNG and Oregon LNG Marketing
Yesterday, the Canadian National Energy Board issued Aurora Liquefied Natural Gas Ltd. (Aurora LNG) and Oregon LNG Marketing, LLC (Oregon LNG) 25-year licenses to export LNG. Aurora LNG was authorized to export an annual volume of 24 million tonnes (3.11 Bcf/day) of LNG from a proposed LNG terminal near Prince Rupert, British Columbia. Oregon LNG was authorized to export 473 Bcf/year...
Magnolia LNG Files Formal FERC Application for Lake Charles LNG Export Terminal
Posted on May 1, 2014 in Federal Regulation, LNG Exports | Comments Off on Magnolia LNG Files Formal FERC Application for Lake Charles LNG Export Terminal
Yesterday, Magnolia LNG, LLC filed a formal application with FERC to construct and operate four LNG liquefaction trains, each with a nominal capacity to produce 2.0 million tonnes per annum (mtpa) of LNG (8.0 mtpa total), and LNG export facilities at a proposed site near Lake Charles, La. The application states that the LNG would be loaded onto (1) LNG carriers for export overseas;...
FERC Releases FEIS for Cameron LNG Export Terminal
Posted on Apr 30, 2014 in Environmental, Federal Regulation, LNG Exports | Comments Off on FERC Releases FEIS for Cameron LNG Export Terminal
Today, FERC released its final environmental impact statement (FEIS) for Cameron LNG’s proposed LNG export project near Hackberry, La. FERC staff concludes that approval of the project, with mitigation measures, would not result in significant impacts in the project area. The FEIS finds that construction and operation of the project would result in mostly temporary and short-term...
Shell Canada Energy Formalizes Joint Venture for Proposed B.C. LNG Export Terminal
Posted on Apr 30, 2014 in Canada & Mexico, LNG Exports | Comments Off on Shell Canada Energy Formalizes Joint Venture for Proposed B.C. LNG Export Terminal
Shell Canada Energy (Shell), PetroChina Corporation, Korea Gas Corporation (KOGAS), and Mitsubishi Corporation announced today the signing of a joint venture agreement to form LNG Canada Development Inc. for the development of a proposed LNG export project, LNG Canada, to be located in Kitimat, British Columbia (B.C.). The joint venture agreement reflects the new joint venture...
Sinopec to Acquire 15% Share of Petronas’s Proposed B.C. LNG Export Terminal
Posted on Apr 29, 2014 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Sinopec to Acquire 15% Share of Petronas’s Proposed B.C. LNG Export Terminal
Malaysian national oil company, Petroliam Nasional Berhad (Petronas), announced today that it and its subsidiaries Progress Energy Canada Ltd. and Pacific NorthWest LNG Ltd. (PNW LNG) have signed agreements with China Petrochemical Corporation (Sinopec) where Sinopec, through its affiliates, will acquire a 15% interest in Progress Energy’s LNG-destined gas reserves in northeast British...
FERC Authorizes Installation of Sabine Pass LNG Trains 3 and 4 Equipment
Posted on Apr 28, 2014 in Federal Regulation, LNG Exports | Comments Off on FERC Authorizes Installation of Sabine Pass LNG Trains 3 and 4 Equipment
FERC issued an order today granting authority to Sabine Pass LNG to install all equipment, process and utility systems, and process vessels for Stage 2 (Trains 3 and 4), including the Heavies Removal Unit, at its LNG export terminal located in Cameron Parish, La. The approval does not include items related to the Condensate Storage System. FERC’s order can be found here, and the...