BP to Market Freeport LNG Supplies to India
Posted on Aug 14, 2013 in LNG Exports, Markets and Competition | Comments Off on BP to Market Freeport LNG Supplies to India
The Economic Times reports that BP will market some of its LNG supplies from the proposed Freeport LNG export terminal at Quintana Island, Texas, to India through Indian Gas Solutions, a joint venture of BP and Reliance Industries,...
BP Continues Push for Turnback of Cove Point LNG Import Capacity
Posted on Jun 5, 2013 in Federal Regulation, LNG Exports | Comments Off on BP Continues Push for Turnback of Cove Point LNG Import Capacity
Alleging undue discrimination and undue preference, BP Energy Company (BP) filed a pleading at FERC yesterday requesting that FERC require Dominion Cove Point LNG, LP (DCP) to give BP an opportunity to relinquish its LNG import capacity in the same manner as DCP provided to Statoil Natural Gas. The pleading can be found here, and the complete docket for DCP’s export terminal...
BP and Freeport LNG Sign 20-Year Tolling Agreement
Posted on Feb 11, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on BP and Freeport LNG Sign 20-Year Tolling Agreement
Freeport LNG Expansion, L.P. (Freeport LNG) announced today that it entered into a binding 20-year Liquefaction Tolling Agreement (LTA) with BP Energy Company for 4.4 million tons per year, covering the production capacity of the second train of Freeport LNG’s liquefaction project near Freeport, Texas. The LTA with BP will commence upon completion of construction of the second...
BP LNG Strategist Does Not Expect Lower Gas Prices in Europe Due to Potential U.S. LNG Exports
Posted on Mar 14, 2012 in LNG Exports, Markets and Competition | Comments Off on BP LNG Strategist Does Not Expect Lower Gas Prices in Europe Due to Potential U.S. LNG Exports
Speaking to an industry conference in London yesterday, Andrew Walker, head of BP’s LNG strategy, said that he does not expect Europe to see significantly lower gas prices due to U.S. LNG exports. According to Platts, Walker said that potential regulatory and commodity risks for U.S. LNG exports limit their attractiveness to European and Asian LNG buyers. [Update: Although Platts...
Shell and BP Considering LNG Exports from Cove Point LNG Facility
Posted on Feb 24, 2012 in LNG Exports | Comments Off on Shell and BP Considering LNG Exports from Cove Point LNG Facility
Upstream Online (via Fox Business) reports that Shell and BP are in discussions with Cove Point LNG terminal owner Dominion Inc. about LNG exports from the Cove Point facility.