Cheniere Signs Deal with Endesa Generacion for Corpus Christi LNG Supplies at Henry Hub-Linked Prices
Posted on Apr 2, 2014 in LNG Exports, Markets and Competition | Comments Off on Cheniere Signs Deal with Endesa Generacion for Corpus Christi LNG Supplies at Henry Hub-Linked Prices
Cheniere Energy, Inc. subsidiary Corpus Christi Liquefaction, LLC (CCL) has entered into an LNG sale and purchase agreement (SPA) with Spanish company Endesa Generacion, S.A. (Endesa) under which Endesa will purchase 1.5 million tonnes of LNG per year over a 20-year period from the proposed CCL export terminal near Corpus Christi, Texas. According to the press release, a final...
Kansai Electric to Buy Cameron LNG Supplies at Henry Hub-Linked Prices
Posted on Apr 1, 2014 in LNG Exports, Markets and Competition | Comments Off on Kansai Electric to Buy Cameron LNG Supplies at Henry Hub-Linked Prices
Reuters reports that Japan’s Kansai Electric Power Co. has entered into an agreement to purchase 400,000 tonnes of LNG per year from Mitsui & Co. over a 20-year period from the Cameron LNG terminal at Henry Hub-linked prices, starting in late...
GDF Suez and CPC of Taiwan Enter Into Heads of Agreement for Cameron LNG Volumes
Posted on Mar 31, 2014 in LNG Exports, Markets and Competition | Comments Off on GDF Suez and CPC of Taiwan Enter Into Heads of Agreement for Cameron LNG Volumes
GDF Suez (GDF) announced that it has entered into a Heads of Agreement with CPC Corporation of Taiwan (CPC) for GDF to sell 800,000 tons per year of LNG to CPC over a 20-year period from the proposed Cameron LNG terminal near Hackberry, La. beginning...
United States and EU Working Toward Future U.S. LNG Exports
Posted on Mar 28, 2014 in LNG Exports, Policy, Legislation and Politics | Comments Off on United States and EU Working Toward Future U.S. LNG Exports
The United States and the European Union have issued a joint statement on the U.S.-EU summit affirming their commitment to cooperation on energy security in Europe, stating in paragraph nine that “[w]e welcome the prospect of U.S. LNG exports in the future since additional global supplies will benefit Europe and other strategic partners.” On this topic, ABC News reports that President...
Alaska Governor Establishes Advisory Board for Municipal Input on Alaska LNG Project
Posted on Mar 28, 2014 in LNG Exports, State and Local Issues | Comments Off on Alaska Governor Establishes Advisory Board for Municipal Input on Alaska LNG Project
Alaska Governor Sean Parnell has established the Municipal Advisory Gas Project Review Board to provide municipalities a venue for local input on the proposed Alaska LNG project, which includes a pipeline and LNG export terminal to access North Slope gas supplies for export as LNG. According to the press release, the Board will be comprised of the mayors and representatives from...
Oregon Further Delays Coastal Zone Management Act Consistency Review for Another 90 Days
Posted on Mar 26, 2014 in Environmental, Federal Regulation, LNG Exports, State and Local Issues | Comments Off on Oregon Further Delays Coastal Zone Management Act Consistency Review for Another 90 Days
The Oregon Department of Land Conservation and Development (DLCD) and Oregon LNG have entered into an agreement for a further stay until July 2, 2014, of DLCD’s decision under the Coastal Zone Management Act (CZMA) on whether Oregon LNG’s proposed LNG import and export terminal is consistent with Oregon’s Coastal Management Plan. The agreement states that additional stays of CZMA...