Dow Chief Says U.S. Gas Exports Should Be Limited
Posted on Apr 27, 2012 in LNG Exports, Policy, Legislation and Politics | Comments Off on Dow Chief Says U.S. Gas Exports Should Be Limited
Andrew Liveris, Chief Executive Officer of Dow Chemical Company, said in an interview with Bloomberg that U.S. exports of natural gas should be limited to 10-15 percent or less of domestic production to prevent curbing the chemical industry’s current plans for expansion amid low U.S. natural gas...
Excelerate Considering South Texas for Planned Floating LNG Liquefaction Plant
Posted on Apr 27, 2012 in LNG Exports | Comments Off on Excelerate Considering South Texas for Planned Floating LNG Liquefaction Plant
At an industry conference in Houston this week, Excelerate Energy CEO Rob Bryngelson told Platts LNG Daily [subscription required] that his company is considering a South Texas location for a proposed floating liquefaction plant to export U.S. LNG to Caribbean island...
Sumitomo, Tokyo Gas to Negotiate with Dominion for Bi-directional LNG Services at Cove Point Terminal
Posted on Apr 27, 2012 in LNG Exports | Comments Off on Sumitomo, Tokyo Gas to Negotiate with Dominion for Bi-directional LNG Services at Cove Point Terminal
Sumitomo Corporation announced today that it has signed a precedent agreement with Dominion Cove Point LNG, LP for bi-directional LNG processing services at Dominion’s Cove Point, MD, LNG terminal. Sumitomo also announced that it has joined forces with Tokyo Gas Company Ltd. to negotiate the final terminal services agreement with Dominion. Read more in...
Brookings to Release Study on U.S. LNG Export Impacts
Posted on Apr 26, 2012 in LNG Exports, Markets and Competition | Comments Off on Brookings to Release Study on U.S. LNG Export Impacts
On May 2, in Washington, D.C., the Energy Security Initiative at Brookings will host the release of a new report “Liquid Markets: Assessing the Case for U.S. Exports of Liquefied Natural...
Sierra Club to Oppose Cove Point Exports Pursuant to Prior Agreement; Dominion Confident
Posted on Apr 26, 2012 in LNG Exports | Comments Off on Sierra Club to Oppose Cove Point Exports Pursuant to Prior Agreement; Dominion Confident
The Sierra Club announced today that it has sent a letter to Dominion Cove Point stating that it will oppose LNG exports from the Cove Point LNG terminal under a prior legal settlement entered in the 1970s and most recently revised in 2005. In response, Dominion stated that it feels confident that it can proceed with the export proposal under the agreement, and that it has signed...
U.S. LNG Sellers/Buyers Apart on Contract Pricing Terms
Posted on Apr 26, 2012 in LNG Exports | Comments Off on U.S. LNG Sellers/Buyers Apart on Contract Pricing Terms
Domestic gas producers are reluctant to sign long-term fixed price contracts for LNG exports sought by some buyers, preferring shorter-term price-sensitive deals in the current highly liquid U.S. gas market, according to an article in Platts LNG Daily [subscription...