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European LNG Headlines

Europe Re-Exports Record Volume of LNG in April (Reuters)

Cheniere Energy Announces New Financing Partners for Sabine Pass Export Project

Cheniere Energy, Inc. announced today that Temasek and RRJ Capital have agreed to make an equity investment of approximately $468 million in Cheniere, which will be used to partially finance Cheniere’s Sabine Pass LNG liquefaction...

Obama Discusses Increased LNG Exports to Japan

Last week, President Obama met with Japanese Prime Minister Noda and announced that they have agreed to “a new joint vision to guide our alliance,” which includes strengthening energy cooperation and discussions on expanding LNG exports from the United States to Japan.  A transcript of the President’s remarks can be found...

Alaska Approves TransCanada’s Alternate LNG Proposal; TransCanada Closes Alaska Pipeline Open Season

The Alaska Departments of Natural Resources and Revenue have approved TransCanada Alaska and its co-licensees’ request to amend their pending proposal to construct a natural gas pipeline from the North Slope to Alberta (Alberta Project) to include an alternate proposal to build a natural gas pipeline from the North Slope to a south-central Alaska port to export gas as LNG (LNG...

GDF SUEZ and Cameron LNG Sign Commercial Development Agreement

GDF SUEZ and Cameron LNG, a subsidiary of Sempra Energy, have signed a commercial development agreement regarding the Cameron LNG liquefaction project, whereby GDF SUEZ and Sempra Energy will negotiate a 20-year liquefaction service contract for 4 million tons per annum of LNG.   Read more in the GDF SUEZ and Sempra Energy press...

Brookings Releases Report on U.S. LNG Exports

Today, the Brookings Institution Energy Security Initiative released a report, “Liquid Markets : Assessing the Case for U.S. Exports of Liquefied Natural Gas,”  which concludes that “U.S. LNG exports are likely to have a modest upward impact on domestic prices, and a limited impact on the competitiveness of U.S. industry and job creation.”  The study also recommends against legislation...

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