Corpus Christi Files Draft Resource Reports with FERC
Posted on Apr 25, 2012 in Federal Regulation, LNG Exports | Comments Off on Corpus Christi Files Draft Resource Reports with FERC
Corpus Christi Liquefaction LLC has filed draft resource reports in its prefiling docket at FERC for its proposed LNG export project. The reports can be found in FERC’s eLibrary under Docket No....
Oregon LNG Plans to File DOE Export Application Soon
Posted on Apr 25, 2012 in Federal Regulation, LNG Exports | Comments Off on Oregon LNG Plans to File DOE Export Application Soon
Oregon LNG plans to seek authorization from the U.S. Department of Energy to export LNG to both free-trade agreement (FTA) and non-FTA countries in the near future, according to an article in Platts Gas Daily [subscription required]. A project manager for the company said that while his project would compete with Jordan Cove Energy’s proposed LNG export facility in Coos Bay, he did...
Sierra Club Protests Cameron LNG Export Proposal
Posted on Apr 25, 2012 in Federal Regulation, LNG Exports | Comments Off on Sierra Club Protests Cameron LNG Export Proposal
Sierra Club filed a motion to intervene and protest with the U.S. Department of Energy alleging that Cameron LNG’s proposal to export LNG from its existing terminal in Cameron Parish, La. is inconsistent with the public interest and that Cameron LNG has failed to provide the required environmental and economic analyses to support its...
Critics and Proponents Respond to FERC Approval of Sabine Pass Export Terminal
Posted on Apr 24, 2012 in LNG Exports, Policy, Legislation and Politics | Comments Off on Critics and Proponents Respond to FERC Approval of Sabine Pass Export Terminal
Reacting to FERC’s approval of the Sabine Pass LNG export terminal, on one side are critics such as Rep. Peter DeFazio (D-Ore.) and Rep. Edward Markey (D-Mass.), who claim that U.S. exports of natural gas would increase domestic prices and export jobs overseas. On the other side are proponents who tout approval of the project as key to ensuring domestic gas production and...
FERC Commissioner LaFleur Questions Length of U.S. LNG Export Advantage
Posted on Apr 24, 2012 in LNG Exports, Markets and Competition | Comments Off on FERC Commissioner LaFleur Questions Length of U.S. LNG Export Advantage
FERC Commissioner Cheryl LaFleur told an industry group last week that as the rush to build LNG export terminals continues, she wondered “how long the technological advantage that the U.S. appears to hold in unconventional gas extraction will last,” and how long it will take other countries with shale gas plays to catch up to the technology and reduce the current price advantage of...
S&P: U.S. LNG Exports Could Be Limited
Posted on Apr 24, 2012 in LNG Exports, Markets and Competition | Comments Off on S&P: U.S. LNG Exports Could Be Limited
An analyst for Standard & Poor’s Ratings Services believes that U.S. exports of LNG may be limited based on S&P’s expectation that the current large spread between U.S. gas and oil-linked Asian LNG prices could narrow in the future due to increased U.S. domestic demand and Canadian gas supplies flowing into Asia. The analyst said current global prices...