Spectra Says Shell Consortium Planning 1.8 Bcf/d LNG Export Project in British Columbia
Posted on Nov 16, 2011 in Canada & Mexico, LNG Exports | Comments Off on Spectra Says Shell Consortium Planning 1.8 Bcf/d LNG Export Project in British Columbia
Noting his company’s involvement in the development of LNG projects in Western Canada, a spokesperson for Spectra Energy told the Globe and Mail that Shell and its partners, Korea Gas Corp., China National Petroleum Co., and Mitsubishi Corp., are planning an LNG export project in British Columbia with liquefaction capacity of 1.8...
Cheniere’s Cost Estimates for Sabine Pass LNG Liquefaction Project Up 39%
Posted on Nov 15, 2011 in Financing, LNG Exports | Comments Off on Cheniere’s Cost Estimates for Sabine Pass LNG Liquefaction Project Up 39%
BusinessWeek reports that a company statement issued yesterday by Cheniere Energy Inc. suggests that costs for the Sabine Pass LNG liquefaction project will be higher than the estimate contained in its August 5, 2011 quarterly report. According to the news report, yesterday’s cost estimate would equate to $555 per ton of LNG liquefaction capacity, some 39% higher than the $400...
Analysis: LNG Exports Competing with Other Potential Uses for Shale Gas
Posted on Nov 14, 2011 in LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on Analysis: LNG Exports Competing with Other Potential Uses for Shale Gas
An analysis carried in the Philadelphia Inquirer discusses the competition for shale gas resources in the United States between domestic consumers and potential LNG export projects.
Cheniere Announces EPC Contract with Bechtel for Sabine Pass LNG Liquefaction Project
Posted on Nov 14, 2011 in LNG Exports | Comments Off on Cheniere Announces EPC Contract with Bechtel for Sabine Pass LNG Liquefaction Project
Cheniere Energy Partners, L.P. announced this morning that its subsidiary, Sabine Pass Liquefaction, LLC, has entered into a turnkey engineering, procurement and construction (EPC) contract with Bechtel Oil, Gas, and Chemicals, Inc. for the first two liquefaction trains planned for the Sabine Pass LNG liquefaction project. The total price of the EPC contract is $3.9...
Dominion CFO Sees “Significant Value” for European and Asian Customers for Cove Point LNG Exports
Posted on Nov 14, 2011 in LNG Exports, Markets and Competition | Comments Off on Dominion CFO Sees “Significant Value” for European and Asian Customers for Cove Point LNG Exports
Speaking last week at an industry conference, Dominion Resources CFO Mark McGettrick said that he sees “significant value” for European and Asian customers for LNG exports from the Cove Point LNG facility. Read more in Platts LNG Daily [subscription...
Op-Ed Criticizes Potential Environmental Impacts of Planned LNG Export Projects in British Columbia
Posted on Nov 14, 2011 in Canada & Mexico, Environmental, LNG Exports | Comments Off on Op-Ed Criticizes Potential Environmental Impacts of Planned LNG Export Projects in British Columbia
An op-ed carried by the Vancouver Sun argues that the three LNG export projects proposed for British Columbia are incompatible with the Province’s environmental policies, particularly the provincial government’s past pledge to substantially reduce greenhouse gas emissions in the coming...