Chevron to Reduce Funding for Proposed Kitimat LNG Terminal
Posted on Dec 12, 2019 in Canada & Mexico, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Chevron to Reduce Funding for Proposed Kitimat LNG Terminal
Chevron announced that “[a]s a result of Chevron’s disciplined approach to capital allocation and a downward revision in its longer-term commodity price outlook, the company will reduce funding to various gas-related opportunities including Appalachia shale, Kitimat LNG, and other international projects. Chevron is evaluating its strategic alternatives for these assets, including...
NEB Grants Chevron Canada 40-year LNG Export License
Posted on Dec 9, 2019 in Canada & Mexico, Federal Regulation, Liquefaction, LNG Exports | Comments Off on NEB Grants Chevron Canada 40-year LNG Export License
BNN Bloomberg reports that the Canadian National Energy Board (NEB) has approved Chevron Canada’s application for a 40-year license to export LNG from its proposed liquefaction and LNG export terminal at Kitimat, British Columbia. The license was granted despite environmental opposition. According to the report, the Kitimat LNG project “is designed to be the world’s first...
FERC Chairman Meets with Polish Counterpart to Discuss LNG
Posted on Dec 9, 2019 in Federal Regulation, Liquefaction, LNG Exports, Markets and Competition | Comments Off on FERC Chairman Meets with Polish Counterpart to Discuss LNG
Last week, FERC Chairman Neil Chatterjee met with Rafał Gawin, President of the Polish Energy Regulatory Office, to discuss, among other things, development of the LNG sector in the United States and Europe....
FERC Approves Four LNG Export Projects
Posted on Dec 4, 2019 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Approves Four LNG Export Projects
FERC has issued orders authorizing the construction and operation of three gas liquefaction and LNG export projects to be located along the Brownsville Ship Channel in Brownsville, Texas, and a fourth project that would expand a currently operating facility near Corpus Christi, Texas. FERC approved, with conditions, three Brownsville Ship Channel projects, proposed by Texas LNG...
Gunvor Signs LNG Marketing & Gas Supply Agreement with Commonwealth LNG
Posted on Dec 4, 2019 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Gunvor Signs LNG Marketing & Gas Supply Agreement with Commonwealth LNG
Gunvor Group Ltd. (Gunvor) and Commonwealth LNG announced that they have entered into a Strategic LNG Marketing & Gas Supply Agreement in relation to Commonwealth LNG’s proposed liquefaction and LNG export project in Cameron Parish, La. According to the press release, under the agreement, Gunvor will support Commonwealth in securing binding LNG offtake and gas supply agreements for...
Energy Transfer and Shell Release Full Commercial Tender Package for Lake Charles LNG Project
Posted on Dec 4, 2019 in Liquefaction, LNG Exports | Comments Off on Energy Transfer and Shell Release Full Commercial Tender Package for Lake Charles LNG Project
Energy Transfer LP (Energy Transfer) announced that a comprehensive commercial tender package has been issued to engineering, procurement and construction contractors to submit final commercial bids for the proposed Lake Charles LNG liquefaction project being developed by Energy Transfer and Shell US LNG, LLC (Shell). According to the press release, the project, if sanctioned by Energy...