Shell Exec Sees Potential Political Risks of Exporting Cheap American Gas
Posted on Mar 21, 2012 in LNG Exports, Policy, Legislation and Politics | Comments Off on Shell Exec Sees Potential Political Risks of Exporting Cheap American Gas
The Globe and Mail reports that Royal Dutch Shell PLC CFO, Simon Henry, is concerned that exporting low cost American gas to countries that compete economically with the United States could be characterized as exporting American jobs. While Shell is exploring options to take advantage of the low cost supplies, Henry wonders how long exporting gas will remain politically acceptable....
Corpus Christi Liquefaction to File FERC Application This Summer
Posted on Mar 20, 2012 in Federal Regulation, LNG Exports | Comments Off on Corpus Christi Liquefaction to File FERC Application This Summer
The Caller reported on March 16, 2012, that Cheniere Energy Inc. subsidiary Corpus Christi Liquefaction is targeting a summer 2012 filing date for its FERC application for authority to construct facilities on the Corpus Christi, Texas, ship channel to export LNG. The project is currently in the pre-filing process at FERC. Case-related documents may be reviewed in FERC’s eLibrary...
Senator Wyden Voices Opposition to LNG Exports; Favors Increased State Regulatory Role
Posted on Mar 20, 2012 in Federal Regulation, LNG Exports, State and Local Issues | Comments Off on Senator Wyden Voices Opposition to LNG Exports; Favors Increased State Regulatory Role
The Daily Astorian reported yesterday that at a town meeting U.S. Senator Ron Wyden (D-Ore.) expressed his opposition to West Coast LNG export terminals, stating that exports of natural gas would drive up domestic energy prices and undermine U.S. energy independence efforts. According to the article, Wyden also stated that he favors increased state and reduced FERC roles in the...
Cheniere Chief Predicts $2 Domestic Natural Gas Prices
Posted on Mar 19, 2012 in LNG Exports, Markets and Competition, Technology | Comments Off on Cheniere Chief Predicts $2 Domestic Natural Gas Prices
In an interview on E&ETV today, Cheniere Energy Partners CEO Charif Souki predicted that long-term domestic natural gas prices would fall to $2/MMBtu as a result of improved drilling technologies, regardless of whether gas exports are increased: “We’re very early in the learning curve and we’re going to be able to find this resource more easily, faster and cheaper...
FERC to Conduct Onsite Environmental Review for Proposed Jordan Cove LNG Liquefaction Project
Posted on Mar 19, 2012 in Environmental, Federal Regulation, LNG Exports, State and Local Issues | Comments Off on FERC to Conduct Onsite Environmental Review for Proposed Jordan Cove LNG Liquefaction Project
FERC announced Friday that on March 27, 2012 its staff will be in Coos County, Oregon to gather data for an environmental review of the proposed Jordan Cove Liquefaction Project and to attend an open house hosted by Jordan Cove Energy Project, LP. For more information, see Docket No. PF12-7 in FERC’s...
European LNG Headlines
Posted on Mar 16, 2012 in LNG Exports | Comments Off on European LNG Headlines
Minister: Poland Eyes LNG Exports (Platts LNG Daily) [Subscription required]