Analysis: LNG Export from British Columbia Offers Great Potential for Economic Growth
Posted on Oct 11, 2011 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Analysis: LNG Export from British Columbia Offers Great Potential for Economic Growth
An analysis carried by the Globe and Mail of the LNG export projects proposed in British Columbia concludes that the projects offer great potential for economic benefits, particularly in the communities surrounding Kitimat, British Columbia. The piece notes that the British Columbian projects have the advantage of shorter shipping distances to markets in Asia compared with competing...
DOE Approves LNG Exports from Cove Point Facility to FTA Countries
Posted on Oct 11, 2011 in Federal Regulation, LNG Exports | Comments Off on DOE Approves LNG Exports from Cove Point Facility to FTA Countries
The U.S. Department of Energy (DOE) has approved Dominion Cove Point LNG’s application to export up to 1Bcf/d of LNG to countries with which the United States has entered or will enter into a free trade agreement. Platts LNG Daily [subscription required] offers additional...
Official Says DOE Will Act on LNG Export Applications in “Not-Too-Distant Future”
Posted on Oct 11, 2011 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on Official Says DOE Will Act on LNG Export Applications in “Not-Too-Distant Future”
Speaking to an industry conference in Washington, D.C., Platts LNG Daily [subscription required] Department of Energy (DOE) Deputy Assistant Secretary Christopher Smith said that he expects his office to issue decisions on two LNG export applications “in the not-too-distant future.” Separately, AOL Energy reports that Deputy Assistant Secretary Smith said that his office...
Opponents of Jordan Cove LNG Proposal Say Position Unchanged as Project Contemplates LNG Exports
Posted on Oct 11, 2011 in LNG Exports, Pipelines, State and Local Issues | Comments Off on Opponents of Jordan Cove LNG Proposal Say Position Unchanged as Project Contemplates LNG Exports
A representative for Citizens Against LNG told The World (Coos Bay, Ore.) that the group remains opposed to the Jordan Cove LNG project as project developers contemplate switching their project from LNG imports to LNG...
Dominion CEO Discusses Cove Point LNG Export Proposal
Posted on Oct 10, 2011 in LNG Exports, Markets and Competition | Comments Off on Dominion CEO Discusses Cove Point LNG Export Proposal
Thomas Farrell II, CEO of Dominion Resources Inc., said that his company’s proposal to add liquefaction export capacity at the Cove Point LNG facility will encourage development of U.S. shale natural gas resources, particularly in the Marcellus and Utica shale regions. Farrell noted that “[i]t is in our nation’s best interests to develop our natural resources...
Cheniere Energy Raises Projected Cost for Long-Term LNG Processing Capacity at Sabine Pass LNG Terminal
Posted on Oct 7, 2011 in LNG Exports, Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere Energy Raises Projected Cost for Long-Term LNG Processing Capacity at Sabine Pass LNG Terminal
Cheniere Energy CEO Charif Souki told Platts LNG Daily [subscription required] yesterday that he expects long-term customers at the Sabine Pass LNG terminal will be charged between $2 and $3 per MMBtu of natural gas processing. Souki noted that construction costs for the company’s planned LNG liquefaction project have not increased, but the company has found a stronger market for its...