Dominion Cove Point LNG Certificate Application Raises Protests from Shippers and Environmental Groups
Posted on May 7, 2013 in Federal Regulation, LNG Exports | Comments Off on Dominion Cove Point LNG Certificate Application Raises Protests from Shippers and Environmental Groups
Shell NA LNG LLC (Shell) and BP Energy Company (BP) filed protests against Dominion Cove Point LNG’s (Cove Point) FERC application to construct LNG liquefaction and export facilities at its existing LNG import terminal in Lusby, Md. Shell alleges that Cove Point has not demonstrated (1) that the proposed export project will not degrade the services that Shell currently takes from...
House Panel Hears Testimony Supporting LNG Exports
Posted on May 7, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on House Panel Hears Testimony Supporting LNG Exports
The U.S. House of Representatives Subcommittee on Energy and Power held a hearing today on “U.S. Energy Abundance: Exports and the Changing Global Energy Landscape,” focusing on LNG exports. Witnesses testified in support of LNG exports, with one witness advocating efforts to address increased greenhouse gas emissions related to increased LNG exports. Testimony from the...
Articles Predict Obama Will Support Increased LNG Exports
Posted on May 6, 2013 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on Articles Predict Obama Will Support Increased LNG Exports
Articles in the Financial Times [subscription required] and Reuters report that President Obama will likely support increased exports of U.S. LNG supplies. The articles cite statements made by the President during a tour of Central America that the United States would likely be a net gas exporter within the coming years and that Central America could benefit from U.S. gas...
Study Finds Small Businesses Will Benefit from U.S. LNG Exports
Posted on May 6, 2013 in LNG Exports | Comments Off on Study Finds Small Businesses Will Benefit from U.S. LNG Exports
A new study released by the Small Business & Entrepreneurship Council found that small U.S. businesses in the energy sector experienced job growth in recent years due to increased oil and gas production, and that increased LNG exports will continue to expand job growth for such companies. Read more in the press...
Excelerate’s Lavaca Bay Facility to Cost $2.4 Billion
Posted on May 3, 2013 in LNG Exports | Comments Off on Excelerate’s Lavaca Bay Facility to Cost $2.4 Billion
Globe Newswire reports that, according to Excelerate Energy’s front-end engineering and design (FEED) study, Excelerate’s Lavaca Bay LNG export facility will cost $2.4 billion dollars, which equates to a price of $540.00 per tonne of LNG produced. Phase I of the LNG facility will produce 4.4 million tonnes/year from a floating liquefaction, storage and off-loading unit to...
Sabine Pass Requests FERC Authority to Install Equipment for Trains 1 and 2
Posted on May 2, 2013 in Federal Regulation, LNG Exports | Comments Off on Sabine Pass Requests FERC Authority to Install Equipment for Trains 1 and 2
Sabine Pass LNG (Sabine Pass) filed a request for FERC authority to commence installation of all equipment for Stage 1 of its LNG export project, including Train 1, Train 2, and common areas. Sabine Pass stated that it will request authority to install LNG storage tank, in-tank pumps and hazard detection and control equipment separately once the final design is complete. Sabine...