Report: JVs and Partnerships May Help Canadian Companies Accelerate LNG Export Development
Posted on May 11, 2012 in LNG Exports | Comments Off on Report: JVs and Partnerships May Help Canadian Companies Accelerate LNG Export Development
According to a new report from Ernst & Young, Canadian companies are at risk of losing potential LNG export market share in Asia. Since LNG terminal projects can be costly and risky undertakings for individual companies, the report recommends that Canadian companies pursue joint ventures and partnerships to expedite the development of LNG export...
Sabine Pass to Begin Initial Site Preparation for LNG Export Facilities
Posted on May 11, 2012 in Federal Regulation, LNG Exports | Comments Off on Sabine Pass to Begin Initial Site Preparation for LNG Export Facilities
Yesterday FERC granted authorization to Sabine Pass to begin initial site preparation for the construction of LNG liquefaction and export facilities at its existing import terminal in Cameron Parish, La. FERC’s authorization can be found in the eLibrary under Docket No....
B.C. Premier Hopes to Sell LNG to Asian Gas Buyers
Posted on May 10, 2012 in Canada & Mexico, LNG Exports, Policy, Legislation and Politics | Comments Off on B.C. Premier Hopes to Sell LNG to Asian Gas Buyers
Premier Christy Clark of British Columbia will leave later this week for an eight-day trip to Japan, South Korea, and the Philippines. The Vancouver Sun reports that Premier Clark will focus on developing Asian LNG markets for her province’s natural gas. Premier Clark noted that although British Columbia represents an attractive LNG supply to Asian buyers, the global LNG market is...
CEO of ConocoPhillips Says U.S. LNG Exports Are “Reasonable”
Posted on May 10, 2012 in LNG Exports, Markets and Competition, Regas Terminals & Capacity | Comments Off on CEO of ConocoPhillips Says U.S. LNG Exports Are “Reasonable”
Ryan Lance, the chief executive of ConocoPhillips, said yesterday that he believes LNG exports from the Continental United States are “reasonable” due to the excess of U.S. natural gas supplies. According to Fox Business, Lance went on to say that ConocoPhillips and its other partners in the Golden Pass LNG import project, ExxonMobil and Qatargas, are discussing the future...
Cameron LNG Files to Initiate FERC Pre-Filing Process for LNG Export Facilities
Posted on May 9, 2012 in Federal Regulation, LNG Exports | Comments Off on Cameron LNG Files to Initiate FERC Pre-Filing Process for LNG Export Facilities
Cameron LNG has filed a request with FERC to initiate the pre-filing review process for proposed liquefaction and export facilities to be constructed at Cameron’s existing LNG import terminal in Hackberry, La. According to the request, Cameron LNG anticipates filing a formal application with FERC in December 2012. Cameron Interstate Pipeline also filed a related request for its...
Canadian Official Concerned about Losing LNG Export Opportunities
Posted on May 9, 2012 in Federal Regulation, LNG Exports | Comments Off on Canadian Official Concerned about Losing LNG Export Opportunities
Canadian Minister of Natural Resources Joe Oliver told reporters Friday that he is concerned that Canadian companies may lose opportunities to the Australians to export LNG to Asia due to the slow pace of the Canadian regulatory approval process for LNG projects. Oliver hopes that the Canadian government’s recently published Responsible Resource Development plan will...