Jordan Cove Files FERC Application for LNG Export Project
Posted on May 23, 2013 in Federal Regulation, LNG Exports | Comments Off on Jordan Cove Files FERC Application for LNG Export Project
Jordan Cove Energy Project, L.P. (JCEP) filed an application at FERC to construct and operate an LNG export terminal on the bay side of the North Spit of Coos Bay, Coos County, Ore. The proposed project will be capable of producing up to six million metric tons per year of LNG for export to Asia, Alaska and Hawaii. JCEP proposes to commence service by the third quarter of 2018. Copies...
Cheniere Engages Financial Institutions to Assist in Arranging Sabine Pass LNG Credit Facilities
Posted on May 23, 2013 in Federal Regulation, LNG Exports | Comments Off on Cheniere Engages Financial Institutions to Assist in Arranging Sabine Pass LNG Credit Facilities
Cheniere Energy Partners, L.P. (Cheniere) announced today that its wholly owned subsidiary, Sabine Pass Liquefaction, LLC, has engaged 17 financial institutions to act as Joint Lead Arrangers to assist in the structuring and arranging of credit facilities to fund the remaining debt needed for the first four trains of the Sabine Pass LNG export terminal and for general business...
FERC Releases Schedule for Environmental Review of Freeport LNG Export Project
Posted on May 23, 2013 in Environmental, Federal Regulation, LNG Exports | Comments Off on FERC Releases Schedule for Environmental Review of Freeport LNG Export Project
FERC issued notice that it will release its Final Environmental Impact Statement for the Freeport LNG export terminal project on December 27, 2013. The notice also alerts agencies that issue federal authorizations for the project that they must issue their permits and/or authorizations by March 27, 2014. Copies of the notice can be accessed here, and the complete docket for the...
Sabine Pass LNG Files Construction Progress Report
Posted on May 22, 2013 in Federal Regulation, LNG Exports | Comments Off on Sabine Pass LNG Files Construction Progress Report
Sabine Pass LNG filed its April 2013 report with FERC regarding construction at its LNG export terminal in Cameron Parish, La. The report states that engineering is 55.9% complete, procurement is 48.5% complete, and the overall project is 29.6% complete. The report states that the overall project schedule is progressing ahead of the contractual schedule, with substantial completion...
Moniz Puts Hold on Additional LNG Export Approvals
Posted on May 22, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on Moniz Puts Hold on Additional LNG Export Approvals
The Associated Press reports that U.S. Department of Energy (DOE) Secretary Ernest Moniz told reporters yesterday that he will not approve additional LNG export applications until he has reviewed the DOE studies on the impacts of LNG exports on U.S. gas supplies and prices, as he promised at his confirmation...
Senate Energy Committee Hears Testimony on LNG Exports
Posted on May 21, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on Senate Energy Committee Hears Testimony on LNG Exports
The U.S. Senate Energy & Natural Resources Committee heard testimony from a variety of witnesses at a hearing today on estimates of domestic natural gas supply and the potential benefits or unintended consequences caused by expansion of natural gas exports. According to a Law360 article, U.S. Department of Energy (DOE) acting Assistant Secretary Christopher Smith told the Committee...