Cheniere Energy Responds to FERC’s Data Request on Sabine Pass LNG Liquefaction Project
Posted on Oct 28, 2011 in Federal Regulation, LNG Exports, Safety & Security | Comments Off on Cheniere Energy Responds to FERC’s Data Request on Sabine Pass LNG Liquefaction Project
Cheniere Energy, Inc. has filed materials in response to FERC’s request for public versions of previously submitted analyses of potential hazards at the company’s planned Sabine Pass LNG liquefaction project. The filing is available in FERC’s eLibrary under Docket No....
BG Group Plans to Continue Developing Lake Charles LNG Export Project
Posted on Oct 27, 2011 in LNG Exports, Markets and Competition | Comments Off on BG Group Plans to Continue Developing Lake Charles LNG Export Project
In its press release announcing its LNG export deal at Cheniere’s Sabine Pass LNG facility, BG Group said that it will continue to develop the LNG export project at the Lake Charles LNG terminal. Southern Union, the current owner of the Lake Charles LNG terminal, noted that it is pleased that BG remains committed to the Lake Charles LNG export...
Shell CFO Predicts PetroChina to Become Partner in Canadian LNG Export Project
Posted on Oct 27, 2011 in Canada & Mexico, LNG Exports | Comments Off on Shell CFO Predicts PetroChina to Become Partner in Canadian LNG Export Project
Simon Henry, chief financial officer for Shell, told Bloomberg that the company expects PetroChina to become a partner in Shell’s planned LNG liquefaction and export project in British...
BG and Cheniere Sign Agreement to Export U.S. Domestic Natural Gas
Posted on Oct 26, 2011 in Federal Regulation, Financing, LNG Exports, Markets and Competition | Comments Off on BG and Cheniere Sign Agreement to Export U.S. Domestic Natural Gas
Cheniere Energy and BG Group have signed an agreement to export 3.5 million tons of LNG via the Sabine Pass LNG facility for a term of 20 years. Speaking with Reuters, Cheniere CEO Charif Souki said that the deal could help pave the way for financing for the LNG liquefaction project and that the project could be ready to begin operations by 2015. Separately, FERC requested that...
Kitimat Mayor “Pleased” Shell and Partners Have Purchased Potential LNG Export Terminal Site
Posted on Oct 26, 2011 in Canada & Mexico, LNG Exports, State and Local Issues | Comments Off on Kitimat Mayor “Pleased” Shell and Partners Have Purchased Potential LNG Export Terminal Site
Mayor Joanne Monaghan of Kitimat, British Columbia, told The Northern View that she was “really pleased” that Shell and its partners have purchased a potential site for the company’s planned LNG liquefaction and export...
Op-Ed Examines Potential Effects of Kitimat LNG’s Demands on Provincial Power Utility
Posted on Oct 25, 2011 in Canada & Mexico, LNG Exports, State and Local Issues | Comments Off on Op-Ed Examines Potential Effects of Kitimat LNG’s Demands on Provincial Power Utility
An op-ed carried in the Vancouver Sun argues that if provincial power utility BC Hydro charges large projects proposed in the area, such as the planned Kitimat LNG liquefaction project, the standard industrial rate for electricity, the payments will cover less than half of the expected costs for developing the required new power supply projects. The piece argues that the British...