Freeport LNG Files Summaries of Contracts with Toshiba and SK E&S LNG
Posted on Nov 1, 2013 in Federal Regulation, LNG Exports | Comments Off on Freeport LNG Files Summaries of Contracts with Toshiba and SK E&S LNG
Freeport LNG Expansion (FLEX) filed with the U.S. Department of Energy summaries of its contracts with Toshiba and SK E&S LNG for LNG exports from the proposed terminal near Freeport, Texas. The summary of the Toshiba contracts can be found here, and the summary of the SK E&S LNG contract can be found here. The complete docket for the FLEX’s application to export LNG to nations...
Triton LNG Files for National Energy Board Export Authority
Posted on Oct 31, 2013 in Canada & Mexico, LNG Exports | Comments Off on Triton LNG Files for National Energy Board Export Authority
The Globe and Mail reports that Triton LNG LP, a joint venture between AltaGas Ltd. and Japanese oil company Idemitsu Kosan Co. Ltd., filed an application with Canada’s National Energy Board for authority to export over a 25-year term up to 115 Bcf /year of LNG from a floating liquefaction storage and offloading (FLSO) vessel to be located in the Kitimat or Prince Rupert areas. The...
Goldboro LNG’s Nova Scotia Export Project under Environmental Review
Posted on Oct 31, 2013 in Canada & Mexico, LNG Exports | Comments Off on Goldboro LNG’s Nova Scotia Export Project under Environmental Review
CBC News reports that Pieridae Energy (Canada) Ltd.’s proposed Goldboro LNG export terminal in Guysborough County, Nova Scotia is under environmental review by the province. According to the article, the project has one committed customer but it has not secured a supply of gas and is looking at potential sources in the United...
FERC Grants Sabine Pass Request to Install Structural Steel for Trains 3 and 4
Posted on Oct 30, 2013 in Federal Regulation, LNG Exports | Comments Off on FERC Grants Sabine Pass Request to Install Structural Steel for Trains 3 and 4
Yesterday, FERC issued an order granting Sabine Pass LNG’s request to commence installation of structural steel for its LNG export terminal Stage 2 Liquefaction Trains 3 and 4 facilities and the Stage 2 Heavies Removal Unit facilities, as well as other Stage 2 facilities. FERC’s order can be accessed here, and the complete docket for the Sabine Pass LNG Stages 1 and 2 LNG export...
DOE Will Not Revoke LNG Export Permits to Restrain Domestic Natural Gas Prices
Posted on Oct 29, 2013 in Federal Regulation, LNG Exports | Comments Off on DOE Will Not Revoke LNG Export Permits to Restrain Domestic Natural Gas Prices
Paula Gant, U.S. Department of Energy (DOE) Deputy Assistant Secretary for Oil and Natural Gas, recently sent a letter to Senator Lisa Murkowski (R-AK) stating that DOE would not “rescind a previously-granted [LNG export] authorization except in the event of extraordinary circumstances or use this authority as a price maintenance mechanism.” The letter adds that DOE has not rescinded...
Report: B.C. Must Move Quickly to Capture Share of Asian LNG Market
Posted on Oct 29, 2013 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Report: B.C. Must Move Quickly to Capture Share of Asian LNG Market
A new report by Canada West Foundation concludes that while LNG exports from British Columbia (B.C.) to Asia provide a great economic opportunity for the province, the government and industry must move “quickly and aggressively to beat out the competition and capture market share in Asia.” The report warns that competition among projects and other suppliers will put downward pressure...