Formal Application Filed for Elba Island LNG Export Terminal
Posted on Mar 11, 2014 in Federal Regulation, LNG Exports | Comments Off on Formal Application Filed for Elba Island LNG Export Terminal
Elba Liquefaction Company and Southern LNG Company (together, Applicants) filed a formal application with FERC to construct LNG liquefaction and export terminal facilities to provide bi-directional import and export services at the existing Elba Island LNG import terminal near Savannah, Ga. The Applicants propose to construct and operate a natural gas liquefaction facility comprised...
Ukraine Crisis Spawns Six Bills on U.S. LNG Exports
Posted on Mar 11, 2014 in LNG Exports, Policy, Legislation and Politics | Comments Off on Ukraine Crisis Spawns Six Bills on U.S. LNG Exports
Six pieces of legislation regarding LNG exports have been introduced in Congress in response to the political crisis in Ukraine: H.R. 6 (Gardner, R-CO), the Domestic Prosperity and Global Freedom Act, would provide for expedited approval of gas exports to World Trade Organization countries and grant without modification or delay gas export applications for which a notice has been...
Press Release Provides Status of B.C. LNG Export Applications
Posted on Mar 10, 2014 in Canada & Mexico, LNG Exports | Comments Off on Press Release Provides Status of B.C. LNG Export Applications
A press release by the British Columbia (B.C.) Ministry of Natural Gas Development lists the projects and sponsors of the seven approved export licenses for LNG projects in B.C. and the four currently under review. The press release also estimates that if five LNG facilities move forward, the cumulative gross domestic product benefit to B.C. could total $1 trillion by 2046, and could...
DOE Authorizes Additional Export Volumes from Proposed Magnolia LNG Terminal
Posted on Mar 10, 2014 in Federal Regulation, LNG Exports | Comments Off on DOE Authorizes Additional Export Volumes from Proposed Magnolia LNG Terminal
The U.S. Department of Energy has authorized Magnolia LNG to export an additional 4 million tonnes/year of LNG from its proposed LNG terminal at Lake Charles, La. to nations with a Free Trade Agreement (FTA) with the United States requiring national treatment for trade in natural gas. The volume is in addition to the 4 million tonnes/year Magnolia is already authorized to export to FTA...
Indian Oil Corp. Acquires 10% Share of Pacific NorthWest LNG Terminal
Posted on Mar 7, 2014 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Indian Oil Corp. Acquires 10% Share of Pacific NorthWest LNG Terminal
Today, Progress Energy Canada Ltd. (Progress Energy) announced that it has entered into agreements with Pacific NorthWest LNG Ltd. (PNW LNG) and Petroliam Nasional Berhad (Petronas) whereby Indian Oil Corporation Ltd. (Indian Oil), through its affiliates, will acquire a 10% interest in Progress Energy’s LNG-destined natural gas reserves in northeast British Columbia (B.C.) and in...
Goldboro LNG Export Terminal Receives Environmental Approval
Posted on Mar 7, 2014 in Canada & Mexico, Environmental, LNG Exports | Comments Off on Goldboro LNG Export Terminal Receives Environmental Approval
The Nova Scotia Environmental Assessment Review Panel issued a report recommending that the Nova Scotia Environment Minister approve, subject to the terms and conditions recommended by the panel, Pieridae Energy (Canada) Ltd.’s proposed Goldboro LNG export terminal in Guysborough County. The report states that “the panel believes that the risk that the project poses to the environment...