Industry Consultant Says Japanese Government “Surprised” No Japanese Utility Secured LNG Volumes from the Sabine Pass LNG Export Project
Posted on Feb 8, 2012 in LNG Exports, Markets and Competition | Comments Off on Industry Consultant Says Japanese Government “Surprised” No Japanese Utility Secured LNG Volumes from the Sabine Pass LNG Export Project
Fereidun Fesharaki, chairman of FACTS Global Energy, has written that he has learned that officials with the Japanese government were surprised that none of their domestic utilities secured LNG volumes from the planned Sabine Pass LNG export project. Platts LNG Daily [subscription required] offers additional...
Sierra Club and Others Submit Formal Objections to Cove Point LNG Export Proposal
Posted on Feb 8, 2012 in Environmental, Federal Regulation, LNG Exports | Comments Off on Sierra Club and Others Submit Formal Objections to Cove Point LNG Export Proposal
The Sierra Club, the American Public Gas Association, the AFL-CIO, and various Riverkeeper organizations have submitted formal objections to the U.S. Department of Energy regarding the proposal to export LNG from the Cove Point facility. The written comments are available from the website of the Office of Fossil Energy under Docket No. 11-128-LNG. Reuters provides additional...
As BC Premier Announces Natural Gas Strategy, Industry Analyst Predicts LNG Export Projects in Western Canada May Merge
Posted on Feb 7, 2012 in Canada & Mexico, LNG Exports | Comments Off on As BC Premier Announces Natural Gas Strategy, Industry Analyst Predicts LNG Export Projects in Western Canada May Merge
Late last week, British Columbia Premier Christy Clark announced her government’s natural gas strategy, including a focus on LNG. According to The Province, the strategy predicts that the three LNG export plants planned for Canada’s west coast could create 9,000 construction jobs and 800 long-term jobs, and generate more than $1 billion in annual revenue. Premier Clark...
EIA Official Expects U.S. LNG Exports to Raise End Users’ Energy Bills by 1-3%
Posted on Feb 7, 2012 in LNG Exports, Markets and Competition | Comments Off on EIA Official Expects U.S. LNG Exports to Raise End Users’ Energy Bills by 1-3%
During a presentation in Washington, D.C., this week, Angelina LaRose of the U.S. Energy Information Administration (EIA) said that she expects U.S. LNG exports could raise electricity costs for end users by between 1 and 3 percent in the coming years. Read more in Platts LNG Daily. [Subscription...
U.S. Senator Encourages FERC to Act Quickly on Sabine Pass LNG Liquefaction Project
Posted on Feb 6, 2012 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on U.S. Senator Encourages FERC to Act Quickly on Sabine Pass LNG Liquefaction Project
Senator Mary Landrieu (D-La.) has requested that FERC act on the Sabine Pass LNG liquefaction and export project at its February Commission meeting. In her letter to FERC Chairman Jon Wellinghoff, Senator Landrieu notes that the comment period for the Environmental Assessment for the project ended last month, so she requests the Commission to provide “an expeditious conclusion in...
Canadian NEB Issues Export License to BC LNG Export Co-operative
Posted on Feb 3, 2012 in Canada & Mexico, LNG Exports | Comments Off on Canadian NEB Issues Export License to BC LNG Export Co-operative
Canada’s National Energy Board (NEB) has issued an LNG export license to BC LNG Export Co-operative LLC, permitting the company to export 47.9 Bcm of LNG over a 20-year term. The Vancouver Sun offers additional...