Cove Point LNG Requests Approval for Changes to Tariff
Posted on Jun 1, 2011 in Federal Regulation, Regas Terminals & Capacity | Comments Off on Cove Point LNG Requests Approval for Changes to Tariff
Cove Point LNG has requested that FERC approve several changes to the terminal’s tariff. The revisions to the tariff would permit Cove Point LNG to require firm shippers to import cargos of LNG and other measures that would encourage regular deliveries of LNG to the terminal. Cove Point LNG argues that regular imports of LNG are necessary to circulate LNG throughout its systems...
European LNG Headlines
Posted on Jun 1, 2011 in Regas Terminals & Capacity | Comments Off on European LNG Headlines
Cyprus Looks to LNG and Licensing Round (Platts LNG Daily) [Subscription required]
Oregon Senate Passes Infrastructure Legislation That Could Ease LNG Project Siting
Posted on Jun 1, 2011 in Pipelines, Regas Terminals & Capacity, State and Local Issues | Comments Off on Oregon Senate Passes Infrastructure Legislation That Could Ease LNG Project Siting
The Oregon Senate has passed HB 2700, which streamlines the infrastructure siting process for projects in Oregon by allowing utilities and others to apply for a removal-fill permit even without owning the land in question. Proponents of the legislation argue that the new law will speed up infrastructure development in Oregon, but opponents of the bill raised concerns that the measure...
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...
Cheniere Ready to Consider Minority Stake in Lithuanian LNG Regasification Project
Posted on May 27, 2011 in Financing, Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere Ready to Consider Minority Stake in Lithuanian LNG Regasification Project
Reuters reports that Jean Abiteboul of Cheniere Energy told the Baltic News Service that Cheniere would consider taking a small equity stake in the planned Klaipedos Nafta LNG import terminal in Lithuania. According to Abiteboul, Cheniere might take a 10-20% stake in the Lithuanian project if it were...
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...