Sierra Club Submits Comments on EA Prepared for Sabine Pass LNG Liquefaction Project
Posted on Jan 31, 2012 in Environmental, Federal Regulation, LNG Exports | Comments Off on Sierra Club Submits Comments on EA Prepared for Sabine Pass LNG Liquefaction Project
Late last week, the Sierra Club submitted comments regarding FERC’s Environmental Assessment (EA) prepared for the Sabine Pass LNG liquefaction project. The comments criticize the EA, stating that the document does not consider secondary and tertiary environmental impacts, such as rising natural gas prices inducing more coal-fired electricity generation. Find the Sierra...
Cheniere, KOGAS Sign LNG Sale and Purchase Agreement
Posted on Jan 30, 2012 in LNG Exports, Markets and Competition | Comments Off on Cheniere, KOGAS Sign LNG Sale and Purchase Agreement
This morning, Cheniere Energy and Korea Gas Corporation (KOGAS) announced that they have entered into an LNG Sale and Purchase Agreement (SPA). Under the terms of the SPA, KOGAS will purchase 3.5 million tonnes per annum of LNG for a term of 20 years beginning with the commencement of operations of Train 3 at the Sabine Pass LNG liquefaction...
Dominion CEO: DOE Should Approve Non-FTA LNG Export Application This Year
Posted on Jan 30, 2012 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on Dominion CEO: DOE Should Approve Non-FTA LNG Export Application This Year
Dominion Energy CEO Thomas Farrell told industry analysts last week that he expects the U.S. Department of Energy (DOE) to approve the company’s application to export natural gas as LNG to countries with which the United States does not have a free trade agreement in place. According to Platts LNG Daily [subscription required], Farrell noted the significant natural gas supplies...
Expanded Access to Panama Canal Make U.S. LNG Exports to Asia “Instantly Economic”
Posted on Jan 27, 2012 in LNG Exports, Markets and Competition, Vessel Transportation | Comments Off on Expanded Access to Panama Canal Make U.S. LNG Exports to Asia “Instantly Economic”
Reporting on a recent discussion at the Brookings Institution, AOL Energy reports that the expansion of the Panama Canal reduces the distance between proposed LNG export facilities in the United States and LNG consuming markets in Asia, making U.S. LNG exports “instantly...
Op-Ed Advocates LNG Exports Over Oil from Canada’s West Coast
Posted on Jan 27, 2012 in Canada & Mexico, Environmental, LNG Exports | Comments Off on Op-Ed Advocates LNG Exports Over Oil from Canada’s West Coast
In an op-ed carried by the Financial Post, Ellis Ross, chief councilor for the Haisla Nation, argues that LNG export projects on Canada’s Pacific coast are preferable to investments in an oil pipeline and export...
BG, Cheniere Amend SPA for LNG Exports at Sabine Pass Facility
Posted on Jan 26, 2012 in LNG Exports, Markets and Competition | Comments Off on BG, Cheniere Amend SPA for LNG Exports at Sabine Pass Facility
BG Gulf Coast LNG, LLC and Cheniere Energy Partners, L.P. announced this morning that the two companies have amended their Sale and Purchase Agreement (SPA) for LNG exported via the Sabine Pass LNG facility. Under the terms of the amended agreement, BG has agreed to purchase an additional two million tons per annum (mtpa) of LNG, bringing the total amount to 5.5 mtpa. According to a...