Industry Analyst: U.S. LNG Players to Watch Export Proposals Before Developing Projects
Posted on May 31, 2011 in LNG Exports, Markets and Competition, Regas Terminals & Capacity | Comments Off on Industry Analyst: U.S. LNG Players to Watch Export Proposals Before Developing Projects
Eric Smith of the Tulane Energy Institute told the New Orleans Times-Picayune this weekend that he expects the major U.S. LNG players to watch pending export proposals, such as the Sabine Pass LNG project, very carefully before developing export projects themselves. Smith said, “I don’t see all 14 [North American LNG terminals] converting...
Shell Remains Interested in LNG Export Project in British Columbia
Posted on May 31, 2011 in Canada & Mexico, LNG Exports | Comments Off on Shell Remains Interested in LNG Export Project in British Columbia
A spokesperson for Shell Canada told the Vancouver Sun last week that the company is still interested in developing an LNG export project in British Columbia, but did not provide further details on the...
Cheniere Submits Petition for Declaratory Order on LNG Terminal Buy/Sell Arrangement
Posted on May 27, 2011 in Federal Regulation, LNG Exports, Regas Terminals & Capacity | Comments Off on Cheniere Submits Petition for Declaratory Order on LNG Terminal Buy/Sell Arrangement
Cheniere subsidiary Sabine Pass Liquefaction, LLC has submitted a Request for Declaratory Order from FERC declaring that Cheniere’s proposal to offer bi-directional LNG import and export services, including transportation on the Creole Trail interstate pipeline, at the Sabine Pass LNG facility does not violate FERC’s capacity release rules, particularly the rules prohibiting...
Chesapeake Executive Says Shale Gas Can Provide Enough Supply for U.S. LNG Exports; Societe Generale Analyst Questions Timeline and Cost for U.S. Export Projects
Posted on May 26, 2011 in Financing, LNG Exports, Markets and Competition | Comments Off on Chesapeake Executive Says Shale Gas Can Provide Enough Supply for U.S. LNG Exports; Societe Generale Analyst Questions Timeline and Cost for U.S. Export Projects
Speaking yesterday at an event in San Antonio, Texas, Bill Wince of Chesapeake Energy said that his company believes strongly that American shale gas plays offer enough gas supplies to support LNG exports from the United States. Platts LNG Daily [subscription required] provides additional coverage. Separately, an industry analyst with Societe Generale issued a research note questioning...
El Paso CEO Raises Doubts on U.S. LNG Exports
Posted on May 25, 2011 in LNG Exports, Markets and Competition | Comments Off on El Paso CEO Raises Doubts on U.S. LNG Exports
Speaking yesterday to Houston Business Journal, El Paso Corp. CEO Doug Foshee said in response to a reporter’s question on the topic of U.S. LNG exports that “[w]e’re not a big believer that you’ll see exports of LNG from the [U.S.] Gulf...
Cheniere Share Price Increases Following Conditional Approval of LNG Exports
Posted on May 24, 2011 in Financing, LNG Exports | Comments Off on Cheniere Share Price Increases Following Conditional Approval of LNG Exports
BusinessWeek reports that the price of Cheniere stock rose significantly following the U.S. Department of Energy’s conditional approval of Cheniere’s application to export U.S. natural gas as LNG via the Sabine Pass terminal. Shares in Cheniere Energy Inc. rose 17 percent after the approval was announced last...