New Report Concludes LNG Exports to Have Modest Impact on Domestic Gas Prices
Posted on May 21, 2013 in LNG Exports, Markets and Competition | Comments Off on New Report Concludes LNG Exports to Have Modest Impact on Domestic Gas Prices
A new report from the Bipartisan Policy Center finds that the United States has ample natural gas supplies to meet future demand for natural gas without significant price increases and that U.S. LNG exports will have only a modest impact on domestic gas prices. The report also concludes that domestic gas prices will influence LNG export levels far more than LNG exports will influence...
Tennessee Gas and Mitsubishi Sign Transportation Agreement For Cameron LNG Export Supplies
Posted on May 20, 2013 in LNG Exports, Pipelines | Comments Off on Tennessee Gas and Mitsubishi Sign Transportation Agreement For Cameron LNG Export Supplies
Kinder Morgan announced that its affiliate Tennessee Gas Pipeline (TGP) has signed a 20-year agreement with Mitsubishi Corporation for firm transportation of 600,000 Dth of natural gas per day on TGP’s proposed Southwest Louisiana Supply Project for delivery to the proposed Cameron LNG export terminal in Hackberry,...
Alternative LNG Export Terminal Proposal Presented to Alaskan Officials
Posted on May 20, 2013 in LNG Exports, State and Local Issues | Comments Off on Alternative LNG Export Terminal Proposal Presented to Alaskan Officials
The Alaska Journal of Commerce reports that Japanese-owned Resources Energy Inc. (REI) has presented a study to Alaskan officials on the feasibility of constructing an LNG export terminal at either Valdez or Nikiski, along with an interconnected pipeline to North Slope gas supplies. According to the article, REI’s proposal is less costly and could be developed more quickly than...
DOE Conditionally Approves Freeport LNG Exports to Non-FTA Nations
Posted on May 17, 2013 in Federal Regulation, LNG Exports | Comments Off on DOE Conditionally Approves Freeport LNG Exports to Non-FTA Nations
Today, the U.S. Department of Energy (DOE) issued an order conditionally granting Freeport LNG Expansion L.P. and FLNG Liquefaction, LLC’s application to export up to 1.4 Bcf/day of domestically produced LNG from the Freeport LNG Terminal on Quintana Island, Texas to nations without a Free Trade Agreement with the United States. DOE’s authorization is conditioned on the...
Tolling Agreements Signed for Cameron LNG Capacity
Posted on May 17, 2013 in LNG Exports, Markets and Competition | Comments Off on Tolling Agreements Signed for Cameron LNG Capacity
Yesterday, GDF SUEZ S.A., Mitsubishi Corporation, and Mitsui & Co., Ltd. announced that they have signed 20-year tolling capacity and joint-venture agreements for development, financing and construction of LNG export facilities at the existing Cameron LNG import terminal in Hackberry, La. The tolling agreements subscribe the full nameplate capacity of the three-train, 13.5...
Golden Pass Products Requests Initiation of FERC Pre-Filing Process for LNG Export Terminal
Posted on May 17, 2013 in Environmental, Federal Regulation, LNG Exports | Comments Off on Golden Pass Products Requests Initiation of FERC Pre-Filing Process for LNG Export Terminal
Golden Pass Products LLC (Golden Pass) and Golden Pass Pipeline LLC have requested that FERC initiate the pre-filing environmental review process for construction of LNG export facilities at Golden Pass’s existing LNG import terminal at Port Arthur, Texas. Golden Pass intends to construct three liquefaction trains and related facilities capable of producing a total of 15.6...