Alaska Enters Into MOU with Japanese Finance Bank; Asks ConocoPhillips to Resume LNG Exports
Posted on Sep 12, 2013 in LNG Exports, State and Local Issues | Comments Off on Alaska Enters Into MOU with Japanese Finance Bank; Asks ConocoPhillips to Resume LNG Exports
The Alaska Department of Natural Resources (DNR) has entered into a Memorandum of Understanding (MOU) with the Japan Bank for International Cooperation (JBIC). According to the press release, JBIC plays a critical role in financing and securing Japan’s LNG imports. The MOU “focuses on opportunities for Japanese companies and JBIC to become involved in resource development projects in...
ConocoPhillips Withdrawing from Freeport LNG Export Project
Posted on Aug 2, 2013 in Financing, LNG Exports | Comments Off on ConocoPhillips Withdrawing from Freeport LNG Export Project
Dow Jones Business News reports that ConocoPhillips has reached an agreement to pull out of the Freeport LNG export project in Texas. The move is part of the company’s repositioning to focus on U.S. shale gas...
ConocoPhillips Not Planning to Renew Alaska LNG Export Authority
Posted on Mar 14, 2013 in Federal Regulation, LNG Exports | Comments Off on ConocoPhillips Not Planning to Renew Alaska LNG Export Authority
Bloomberg reports that ConocoPhillips, citing lack of gas supplies, is not planning to renew its U.S. Department of Energy authority to export LNG from its Kenai, Alaska liquefaction plant to foreign countries not having a Free Trade Agreement with the United States. During 2012, ConocoPhillips shipped four LNG cargoes to...
CEO of ConocoPhillips Says U.S. LNG Exports Are “Reasonable”
Posted on May 10, 2012 in LNG Exports, Markets and Competition, Regas Terminals & Capacity | Comments Off on CEO of ConocoPhillips Says U.S. LNG Exports Are “Reasonable”
Ryan Lance, the chief executive of ConocoPhillips, said yesterday that he believes LNG exports from the Continental United States are “reasonable” due to the excess of U.S. natural gas supplies. According to Fox Business, Lance went on to say that ConocoPhillips and its other partners in the Golden Pass LNG import project, ExxonMobil and Qatargas, are discussing the future...
BP, ConocoPhillips, and TransCanada Discussing Export of LNG from Alaska’s North Slope
Posted on Jan 9, 2012 in E&P, LNG Exports, State and Local Issues | Comments Off on BP, ConocoPhillips, and TransCanada Discussing Export of LNG from Alaska’s North Slope
Late last week, officials with BP, ConocoPhillips, and TransCanada signaled interest in studying an LNG liquefaction and export project for natural gas from Alaska’s North Slope fields. The Vancouver Sun provides additional...