Sabine Pass Liquefaction Obtains Debt Financing for First Two Trains
Posted on Aug 1, 2012 in Financing, LNG Exports | Comments Off on Sabine Pass Liquefaction Obtains Debt Financing for First Two Trains
Sabine Pass Liquefaction has closed on a credit facility that will be used to fund the costs of developing, constructing and placing into service the first two liquefaction trains of the Sabine Pass liquefaction project. The transaction completes the debt financing necessary to construct the first two trains of the project. Read more in the press...
Shell Negotiating with Freeport LNG For LNG Export Capacity
Posted on Aug 1, 2012 in LNG Exports | Comments Off on Shell Negotiating with Freeport LNG For LNG Export Capacity
According to a NASDAQ report, Royal Dutch Shell is in negotiations with Freeport LNG to export LNG from Freeport’s proposed LNG export facility near Freeport, Texas.
Cheniere Energy Partners Make Positive Final Investment Decision
Posted on Jul 31, 2012 in LNG Exports | Comments Off on Cheniere Energy Partners Make Positive Final Investment Decision
Cheniere Energy Partners announced yesterday that its Board of Directors made a positive final investment decision (FID) to construct the first two liquefaction trains of the Sabine Pass liquefaction project. The FID is subject to the closing of debt financing and funding arrangements. Cheniere states that the first liquefaction train is expected to start operations as early as 2015,...
Freeport LNG Signs Agreements With Osaka Gas and Chubu Electric Power
Posted on Jul 31, 2012 in LNG Exports | Comments Off on Freeport LNG Signs Agreements With Osaka Gas and Chubu Electric Power
Freeport LNG Expansion, L.P. announced today that it had executed 20-year liquefaction tolling agreements with Osaka Gas Co., Ltd. and Chubu Electric Power Co., Inc. covering 100% of the liquefaction capacity (4.4 million tons per year) of the first train of Freeport LNG’s proposed liquefaction and LNG loading facility near Freeport, Texas. Freeport LNG states that it expects to...
Alaska Pipeline Project Soliciting Interest in Alaska North Slope Pipeline
Posted on Jul 30, 2012 in LNG Exports, Pipelines | Comments Off on Alaska Pipeline Project Soliciting Interest in Alaska North Slope Pipeline
The Alaska Pipeline Project, a joint effort between affiliates of TransCanada Corporation and Exxon Mobil Corporation, announced that it will conduct a non-binding public solicitation of interest in capacity on a potential new pipeline system that would transport Alaska North Slope gas. The solicitation of interest is in accordance with TransCanada’s obligation under the Alaska...
FERC Denies Rehearing and Stay of Sabine Pass LNG Export Order
Posted on Jul 27, 2012 in Federal Regulation, LNG Exports | Comments Off on FERC Denies Rehearing and Stay of Sabine Pass LNG Export Order
Yesterday, FERC issued an order denying Sierra Club’s request for rehearing and stay of FERC’s order authorizing Sabine Pass LNG to construct LNG export facilities at its existing Sabine Pass LNG terminal located in Cameron Parish, La. FERC rejected Sierra Club’s arguments that FERC failed to adequately analyze the effects of induced shale gas production that would...