Industry Report: Total Concerned With Possibility that Sabine Pass LNG Export Permit Could Be Rescinded
Posted on Dec 21, 2011 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on Industry Report: Total Concerned With Possibility that Sabine Pass LNG Export Permit Could Be Rescinded
A report in “Poten & Partners – LNG in World Markets” suggests that Total remains interested in an LNG export deal with Cheniere Energy at the Sabine Pass terminal, but that the French company is concerned about contractual provisions that would require Total to pay a fixed charge for two years following declaration of force majeure. According Platts LNG Daily...
Jordan Cove LNG Official Says 50-50 Chance Terminal Will Be Built
Posted on Dec 20, 2011 in LNG Exports, State and Local Issues | Comments Off on Jordan Cove LNG Official Says 50-50 Chance Terminal Will Be Built
Jordan Cove LNG Project Manager Bob Braddock told a local Oregon business group that he gives his project a 50-50 chance of eventually being built, calling those “good odds.” He noted that he has “customers knocking on our door.” Read more in The World (Coos Bay,...
FERC to Issue EA for Sabine Pass LNG Export Project By Year’s End
Posted on Dec 19, 2011 in Environmental, Federal Regulation, LNG Exports | Comments Off on FERC to Issue EA for Sabine Pass LNG Export Project By Year’s End
FERC announced last week that it will issue an Environmental Assessment (EA) on the proposed Sabine Pass LNG liquefaction and export project on December 28, 2011. Find the filing in FERC’s eLibrary under Docket No....
Cheniere to Develop Corpus Christi Site as an LNG Export Project
Posted on Dec 16, 2011 in LNG Exports, Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere to Develop Corpus Christi Site as an LNG Export Project
Cheniere Energy announced this morning that it will develop a site in Corpus Christi, Texas, as an LNG liquefaction and export facility. The company previously planned the Corpus Christi LNG project for the site, but now hopes to use the site to export natural gas from the nearby Eagle Ford shale play as...
Consultancy Examines Potential Effects of U.S. LNG Exports on Domestic Gas Prices
Posted on Dec 16, 2011 in LNG Exports, Markets and Competition | Comments Off on Consultancy Examines Potential Effects of U.S. LNG Exports on Domestic Gas Prices
Deloitte MarketPoint released a study yesterday analyzing the potential effects of U.S. LNG exports on domestic gas prices. The study concludes that exports from three LNG facilities in the U.S. Gulf of Mexico region could raise the average nationwide natural gas price by $0.10 per MMBtu from 2016 to 2035. The Houston Chronicle provides further...
Oregon State Agency May Decide on Permit for Pipeline Associated with Jordan Cove LNG Project Next Week
Posted on Dec 16, 2011 in LNG Exports, Pipelines, State and Local Issues | Comments Off on Oregon State Agency May Decide on Permit for Pipeline Associated with Jordan Cove LNG Project Next Week
According to The Oregonian, the Oregon Department of State Lands may decide on a permit application for the Pacific Connector Pipeline, a project associated with the proposed Jordan Cove LNG project. The news report suggests that if the agency grants the application, it may come into conflict with the Oregon attorney general’s office, which has opposed the Jordan Cove LNG...