Trinidad Sees Sharp Decline in LNG Exports to the United States
Posted on Nov 14, 2011 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Trinidad Sees Sharp Decline in LNG Exports to the United States
Bloomberg reports that Trinidad & Tobago exports about 25% of its LNG production to the United States, down from 75% three years ago. Separately, an analysis looks at potential LNG export competition for Trinidad from other LNG export projects, particularly along the U.S. Gulf Coast. The piece specifically examines the Dominican Republic, which has traditionally relied upon LNG...
Investment Banks Note Political Risks Associated with U.S. LNG Export Projects
Posted on Nov 11, 2011 in Canada & Mexico, Financing, LNG Exports | Comments Off on Investment Banks Note Political Risks Associated with U.S. LNG Export Projects
An investment banker with Lloyds Banking Group told Platts LNG Daily this week that banks are likely to be wary of investing in U.S. LNG export projects due to political risks, which are not present in competing markets such as Australia. [Subscription...
Jordan Cove LNG Developers Plan for Bi-Directional Processing Capability
Posted on Nov 11, 2011 in LNG Exports, Pipelines, Regas Terminals & Capacity | Comments Off on Jordan Cove LNG Developers Plan for Bi-Directional Processing Capability
A representative of Jordan Cove LNG announced to an industry conference this week that the Jordan Cove facility will be a “dual-use facility,” allowing for both LNG imports and regasification as well as LNG liquefaction and exports. The representative also noted that the Pacific Connector Pipeline’s flow would be reversed. Read more in Platts LNG Daily [subscription...
FERC Chairman Responds to Congressional Input on Sabine Pass LNG Liquefaction Project
Posted on Nov 10, 2011 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on FERC Chairman Responds to Congressional Input on Sabine Pass LNG Liquefaction Project
FERC Chairman Jon Wellinghoff has responded to a September 27, 2011, letter submitted by several members of the U.S. Congress encouraging the Commission to approve the planned Sabine Pass LNG liquefaction and export project. Chairman Wellinghoff notes that Commission staff is in the process of preparing an environmental assessment of the project and that the public will have an...
Industry Analysts Suggest United States Could Become World’s Second Largest LNG Exporter
Posted on Nov 10, 2011 in LNG Exports, Markets and Competition | Comments Off on Industry Analysts Suggest United States Could Become World’s Second Largest LNG Exporter
A report issued by BNP Paribas suggests that the United States could become the world’s second largest LNG exporter in the coming decade, behind only Russia. According to Platts LNG Daily, however, the report notes that U.S. LNG export projects face significant infrastructure barriers. [Subscription...
FERC Requests Engineering Information for Sabine Pass LNG Liquefaction Project
Posted on Nov 9, 2011 in Federal Regulation, LNG Exports | Comments Off on FERC Requests Engineering Information for Sabine Pass LNG Liquefaction Project
FERC has requested several pieces of engineering information from Sabine Pass LNG regarding the company’s planned LNG liquefaction and export project. The information requested focuses mostly on facility design matters that the Commission coordinates with the U.S. Pipeline and Hazardous Materials Safety Administration. Find the information request in FERC’s eLibrary under...