Two More DOE LNG Export Applications Filed
Posted on Jan 16, 2013 in Federal Regulation, LNG Exports | Comments Off on Two More DOE LNG Export Applications Filed
Gasfin Development USA, LLC (Gasfin) has filed an application with the U.S. Department of Energy (DOE) to export over a 25-year term up to 74 Bcf/year of LNG (approximately 1.5 million metric tons) to nations having a Free Trade Agreement with the United States. Gasfin would export the LNG from the proposed Gasfin LNG Export Project, a mid-scale natural gas liquefaction and LNG export...
Article: Profits from U.S. LNG Exports Could be Less Than Expected
Posted on Jan 15, 2013 in LNG Exports, Markets and Competition | Comments Off on Article: Profits from U.S. LNG Exports Could be Less Than Expected
An article in Bloomberg discusses the narrowing gap between future U.S. LNG export prices and Asian LNG prices, and finds that based on available data, “the difference between U.S. and Asian gas is poised to drop by more than 60 percent by 2020, leaving exporters facing a loss of as much as $6 million per tanker.” The article also states that according to Royal Dutch Shell...
Pangea LNG Files Application to Export LNG to Non-FTA Nations
Posted on Jan 14, 2013 in Federal Regulation, LNG Exports | Comments Off on Pangea LNG Files Application to Export LNG to Non-FTA Nations
Pangea LNG (North America) Holdings, LLC (Pangea), filed an application with the U.S. Department of Energy (DOE) seeking a 25-year authorization to export domestically produced LNG up to the equivalent of 398.5 Bcf/year to nations without a Free Trade Agreement with the United States. Pangea proposes to export the LNG from its proposed South Texas LNG Project to be located at the Port...
Selection of TransCanada to Build Pipeline to Third LNG Export Terminal Raises Possible Conflict Issues
Posted on Jan 14, 2013 in LNG Exports, Pipelines, State and Local Issues | Comments Off on Selection of TransCanada to Build Pipeline to Third LNG Export Terminal Raises Possible Conflict Issues
An article in the Alaska Dispatch discusses Progress Energy’s recent selection of TransCanada to build a pipeline to an LNG export terminal in Prince Rupert Sound, B.C. The article focuses on whether that decision, coupled with TransCanada’s selection to build a pipeline to an LNG export terminal at Kitimat, B.C., presents a conflict of interest with TransCanada’s...
Comments Supporting LNG Exports Filed at DOE
Posted on Jan 10, 2013 in Federal Regulation, LNG Exports | Comments Off on Comments Supporting LNG Exports Filed at DOE
Comments in support of LNG exports were filed at the U.S. Department of Energy (DOE) by the Marcellus Shale Coalition, the Calvert County Board of Commissioners, and the Youngstown/Warren Regional Chamber. The National Regulatory Research Institute submitted its own study supporting LNG exports that it had prepared for state utility commissions. The comments and study can be found on...
New Trade Group Opposing LNG Exports Releases Survey Results; API Responds
Posted on Jan 10, 2013 in LNG Exports | Comments Off on New Trade Group Opposing LNG Exports Releases Survey Results; API Responds
America’s Energy Advantage (AEA), a group consisting of industrial gas users and the American Public Gas Association, released the results of a survey that purports to show that American voters believe that U.S.-produced natural gas should be used in the United States for domestic economic gain and that the U.S. government “should proceed with caution and deliberation when...