Industry Analysts Suggest Total Will Buy LNG Export Supply and Equity Position from Sabine Pass Liquefaction Project
Posted on Nov 9, 2011 in Financing, LNG Exports | Comments Off on Industry Analysts Suggest Total Will Buy LNG Export Supply and Equity Position from Sabine Pass Liquefaction Project
Platts LNG Daily [subscription required] reports that industry analysts at Potent & Partners expect Total to secure both LNG liquefaction and export capacity as well as an equity position in the Sabine Pass LNG liquefaction project. Neither Total nor Sabine Pass Liquefaction LLC parent Cheniere Energy commented on the...
Joint Venture By Petronas, Progress Energy Accelerating Plans for LNG Export Project in British Columbia
Posted on Nov 9, 2011 in Canada & Mexico, LNG Exports | Comments Off on Joint Venture By Petronas, Progress Energy Accelerating Plans for LNG Export Project in British Columbia
A representative for Progress Energy told Platts Oilgram News [subscription required] that efforts to develop a proposed LNG liquefaction and export facility in British Columbia, Canada, are accelerating. The representative noted that he expects a feasibility report to be submitted to project partners Progress and Petronas by August 2012 and that the project developers will make a...
U.S. Senators Discuss Domestic LNG Exports
Posted on Nov 9, 2011 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on U.S. Senators Discuss Domestic LNG Exports
The U.S. Senate Committee on Energy and Natural Resources held a hearing yesterday to discuss changes in the North American natural gas market that have led energy companies to seek authorization to export U.S. domestic gas as LNG. Reuters reports that several senators expressed concern regarding the potential effects LNG exports could have on U.S. natural gas prices. Deputy Assistant...
Sempra to File U.S. LNG Export Application Soon
Posted on Nov 8, 2011 in Federal Regulation, LNG Exports, Regas Terminals & Capacity | Comments Off on Sempra to File U.S. LNG Export Application Soon
A spokesperson for Sempra Energy told Platts LNG Daily [subscription required] that the company plans to submit an LNG export application to the U.S. Department of Energy “in the very near future.” The company hopes to export U.S. domestic natural gas via the Cameron LNG...
U.S. Senate Energy Committee to Hear Testimony on Domestic LNG Exports
Posted on Nov 7, 2011 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on U.S. Senate Energy Committee to Hear Testimony on Domestic LNG Exports
The U.S. Senate Committee on Energy and Natural Resources will convene a hearing tomorrow to take testimony regarding the potential for exporting domestic gas as LNG. Two witnesses from the executive branch, Deputy Assistant Secretary of Energy Chris Smith and Jeff Wright, a senior official at FERC, will...
Analysis Examines Differing Interests Between North American Gas Producers and Consumers as LNG Export Proposals Move Forward
Posted on Nov 3, 2011 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Analysis Examines Differing Interests Between North American Gas Producers and Consumers as LNG Export Proposals Move Forward
An analysis carried in the Globe and Mail (Toronto) examines the divergent views of North America’s natural gas producers and gas consumers as LNG export proposals move forward. The piece notes that North American gas producers want to export LNG to markets with higher gas prices around the world, while gas consumers hope to use U.S. and Canadian natural gas to keep domestic energy...