Fortis LNG Deal Terminated After HECO/NextEra Merger Denied
Posted on Jul 20, 2016
Pacific Business News reports that Hawaii Electric has terminated its contract for LNG supplies from Fortis Hawaii Energy Inc. The deal was contingent on Hawaii Public Utilities Commission approval of NextEra’s acquisition of Hawaii Electric, which was denied last week.
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U.S. LNG Supplies to be First Through Expanded Panama Canal
Posted on Jul 20, 2016
LNG World Shipping reports that the first large LNG carrier to pass through the expanded Panama Canal will be the Shell-chartered Maran Gas Apollonia carrying an LNG cargo loaded at Cheniere Energy’s Sabine Pass LNG terminal in Cameron Parish, La. The cargo is expected to pass through the canal from the Atlantic to the Pacific oceans on Monday. The destination of the cargo was not disclosed....
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DOE Approves Additional Non-FTA Exports from Cameron LNG Terminal
Posted on Jul 19, 2016
Sempra Energy announced that Cameron LNG has received authorization from the U.S. Department of Energy (DOE) to export an additional 1.41Bcf/day of LNG from its proposed liquefaction and LNG export terminal expansion project in Cameron Parish, La. to countries without a Free Trade Agreement (non-FTA) with the United States. The order increases Cameron LNG’s authorized export capacity to 24.92 million tons per annum or 3.53 Bcf/day....
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Court Remands BP Energy Appeal of Dominion Cove Point LNG Capacity Allocation
Posted on Jul 18, 2016
The U.S. Court of Appeals for the D.C. Circuit has issued an opinion remanding to FERC for further explanation how FERC’s orders, which permitted Statoil Natural Gas, but not BP Energy, to turn back certain capacity held on Dominion Cove Point LNG’s system, were not unduly discriminatory as to BP Energy under the Natural Gas Act.
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Court Backs FERC on Dominion Cove Point LNG Terminal
Posted on Jul 18, 2016
The U.S. Court of Appeals for the D.C. Circuit has issued an opinion rejecting EarthReports’, Sierra Club’s and the Chesapeake Climate Action Network’s joint appeal of FERC’s orders, which authorized construction and operation of the Dominion Cove Point LNG export terminal at Lusby, Md. According to Law360, the Petitioners, among other things, “claimed that FERC flouted the National Environmental Policy Act by failing to analyze [the project’s] impacts on future gas production and greenhouse gas emissions.” Citing its recent opinion in the Sabine Pass LNG terminal case, the Court rejected...
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Analysts: U.S. LNG Supplies Not Expected in Asian Markets Anytime Soon
Posted on Jul 15, 2016
Citibank analysts predict that with the current glut of LNG in the global market and resulting low prices, U.S. LNG supplies will not be shipped to Asia anytime soon even with the widened Panama Canal. The widened canal can now accommodate larger ships carrying LNG. “The Panama Canal expansion, inaugurated on June 26, was once expected to be a game changer for U.S. LNG exports to Asia… [b]ut against the backdrop of this major transition in the global LNG market, the prospects for U.S. LNG into Asia via the expanded canal look less promising, at least in the short-term.” The report...
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Maritime Administration Releases DEIS for Delfin LNG Application
Posted on Jul 15, 2016
The U.S. Maritime Administration has released its Draft Environmental Impact Statement (DEIS) for Delfin LNG’s application for a license to construct and operate a deepwater port LNG export terminal and interconnected pipeline. The proposed Delfin LNG export terminal would be located in Federal waters within the Outer Continental Shelf (OCS) approximately 37.4 to 40.8 nautical miles off the coast of Cameron Parish, La. ...
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