ConocoPhillips Representative Speaks to Alaskan Lawmakers on Kenai LNG Shutdown Decision
Posted on Feb 16, 2011 in Liquefaction, LNG Exports, Policy, Legislation and Politics, State and Local Issues | Comments Off on ConocoPhillips Representative Speaks to Alaskan Lawmakers on Kenai LNG Shutdown Decision
Dan Clark, manager of Cook Inlet assets for ConocoPhillips, and others spoke before the Alaska House of Representatives’ Economic Development, Trade, and Tourism Committee yesterday. Clark told committee members that LNG market conditions were the key factor in the company’s decision to suspend its operations at the Kenai LNG facility. Platts LNG Daily [subscription...
Op-Ed: Second Canadian LNG Export Project Rumored
Posted on Feb 16, 2011 in Canada & Mexico, Liquefaction, LNG Exports | Comments Off on Op-Ed: Second Canadian LNG Export Project Rumored
An op-ed piece carried in yesterday’s Calgary Herald noted rumors that a second LNG export project besides the Kitimat LNG project could be in the works for Western Canada.
U.S. DOE Approves Freeport LNG’s Export Proposal for FTA Nations
Posted on Feb 16, 2011 in Federal Regulation, LNG Exports | Comments Off on U.S. DOE Approves Freeport LNG’s Export Proposal for FTA Nations
The U.S. Department of Energy (DOE) has approved Freeport LNG’s request for authorization to export LNG to nations that currently or in the future enter free trade agreements (FTAs) with the United States. Freeport LNG’s export proposal contemplates the export of 9 Mtpa of LNG over a 25-year period. At present, fifteen nations have FTAs with the United States. Find further...
FERC Issues Notice of Application, Sets Public Comment Date for Sabine Pass Liquefaction Project
Posted on Feb 14, 2011 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Issues Notice of Application, Sets Public Comment Date for Sabine Pass Liquefaction Project
On Friday, February 11, FERC issued a Notice of Application for the Sabine Pass LNG liquefaction project and set a deadline of March 4, 2011 to submit public comments. The filing is available in FERC’s eLibrary under Docket No....
Cheniere Announces MOU with Basic Energy for LNG Sales
Posted on Feb 11, 2011 in LNG Exports, Markets and Competition | Comments Off on Cheniere Announces MOU with Basic Energy for LNG Sales
This morning Cheniere Energy Partners, L.P. announced that its subsidiary Sabine Pass Liquefaction, LLC has concluded a Memorandum of Understanding (MOU) with two subsidiaries of Basic Energy, an electricity producer based in the Dominican Republic. Under the terms of the MOU, Basic Energy would purchase up to 0.6 Mtpa of LNG from the Sabine Pass LNG facility. The press release notes...
Encana-PetroChina Deal May Have Implications for Kitimat LNG Export Proposal
Posted on Feb 11, 2011 in Canada & Mexico, E&P, LNG Exports, Markets and Competition | Comments Off on Encana-PetroChina Deal May Have Implications for Kitimat LNG Export Proposal
A number of industry observers noted that the recent acquisition by PetroChina of a large stake in Encana’s British Columbian natural gas reserves could have implications for Kitimat LNG’s efforts to export LNG to customers in the Asian Pacific market. According to the Calgary Sun, Encana CEO Randy Eresman said that although Kitimat LNG did not figure into negotiations between...