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Magnolia LNG FID Pushed Back to 2019

LNG Limited has announced that it has pushed back its final investment decision (FID) for its proposed Magnolia LNG export terminal at Lake Charles, La., from the end of 2018 to the first part of 2019 due to trade tensions with...

China Sets 10% Tariff on U.S. LNG Imports

Reuters reports that China has imposed a 10% tariff on U.S. LNG imports effective September 24, 2018. The tariff is less than the expected 25% China had announced earlier. According to the report, the smaller than expected tariff helped lift the stock prices of Cheniere Energy and Golar...

DOE Official Identifies Physical Constraints to U.S.-EU LNG Supply

Yesterday, the U.S. Senate Committee on Energy and Natural Resources held a hearing to examine the role of U.S. LNG in meeting European energy demand.  In his prepared statement, Steven E. Winberg, Assistant Secretary for Fossil Energy at the U.S. Department of Energy (DOE), stated that despite the availability of U.S. LNG imports into Europe, there are constraints affecting the amount...

U.S. House Approves Bill Authorizing Small-Scale LNG Exports

Last week, the U.S. House of Representatives passed a bill that would amend the Natural Gas Act to provide that applications for the importation or exportation of not more than 0.17 Bcf/day of natural gas and which do not require and environmental impact statement or environmental assessment shall be granted without modification or delay The bill’s provisions are similar to a final...

Republican Senators Question FERC on Pending LNG Export Applications

A group of Republican U.S. Senators has sent a letter to FERC Chairman McIntyre “urging FERC to approve pending [LNG] export project applications in a timely manner, and seeking information regarding FERC’s approval process and the agency’s available resources.”  The letter was signed by Senators Lisa Murkowski (R-AK), Bill Cassidy (R-LA), John Barrasso (R-WY), John Kennedy (R-LA), Ted...

United States and Panama to Sign Regional LNG Expansion Pact

Reuters reports that the United States and Panama will sign an agreement intended to expand private investment to allow greater U.S. LNG access to Latin American countries. Under the proposal, U.S. LNG supplies would be shipped to the new AES Colón LNG terminal in Panama and then distributed to countries the...

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