Analysts React to Freeport LNG’s Application to Export LNG
Posted on Aug 21, 2008 in Markets and Competition, Regas Terminals & Capacity, Storage | Comments Off on Analysts React to Freeport LNG’s Application to Export LNG
Industry analysts from Pan EurAsian Enterprises and Waterbourne Energy offer their reactions to Freeport LNG’s application to export LNG in the Houston Chronicle.
Cheniere Marketing Inc. Seeks Authorization to Export LNG
Posted on Aug 21, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere Marketing Inc. Seeks Authorization to Export LNG
On August 15, 2008, Cheniere Marketing Inc. filed an “Application for Blanket Authorization to Export Imported Natural Gas” with the Department of Energy’s Office of Fossil Energy. According to the application, Cheniere is seeking authorization to export up to 64 Bcf of LNG for a two-year period from its Sabine Pass LNG...
Moody’s Lowers Credit Ratings on Cheniere
Posted on Aug 21, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Moody’s Lowers Credit Ratings on Cheniere
Moody’s credit rating agency announced this week that it has placed a negative B2 rating on Cheniere Energy’s senior secured notes related to the Sabine Pass LNG terminal. Read more in the Houston Business...
Report: Capital Expenditures in Global LNG Industry to Double Over Next Five Years
Posted on Aug 19, 2008 in Markets and Competition | Comments Off on Report: Capital Expenditures in Global LNG Industry to Double Over Next Five Years
A report released by energy analysis firm Douglas-Westwood predicts that global capital expenditures in the LNG industry will total $106 billion between 2008 and 2012, more than double the total expenditure for the previous five years, including increases in North America, where the report argues the limits of domestic gas production “are becoming...
EIA Lowers Projection for 2008 U.S. LNG Imports
Posted on Aug 14, 2008 in Markets and Competition | Comments Off on EIA Lowers Projection for 2008 U.S. LNG Imports
In its Short-Term Energy Outlook released this week, the Energy Information Administration (EIA) lowered its projection for LNG imports to the United States for 2008 to 390 Bcf. EIA also reports that it expects 480 Bcf of LNG to be imported to the United States in...
Freeport LNG Seek LNG Export Authorization from DOE
Posted on Aug 13, 2008 in Markets and Competition, Regas Terminals & Capacity, Storage | Comments Off on Freeport LNG Seek LNG Export Authorization from DOE
The developers of the Freeport LNG terminal have filed an “Application for Blanket Authorization to Export Liquefied Natural Gas on a Short-Term Basis,” available from the U.S. Department of Energy’s Office of Fossil Energy. The application seeks authorization to export up to 24 Bcf of LNG on a cumulative basis over a two-year period and states that the facility will...