Sabine Pass LNG Begins Train 2 Commissioning
Posted on Apr 19, 2016
FERC has issued an order authorizing Sabine Pass LNG to introduce feed gas, refrigerants and process fluids in certain areas related to the commissioning of Train 2 LNG production at Sabine Pass LNG’s Cameron Parish, La., export facility.
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Oregon LNG Project Terminated
Posted on Apr 18, 2016
On Friday, Oregon LNG announced that it is “ceasing operations immediately” on its proposed LNG export terminal at Warrenton, Ore. due to Leucadia National Corporation’s decision to cease funding the project. Read more in The Daily Astorian article.
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FERC Approves Magnolia LNG Export Terminal Application
Posted on Apr 15, 2016
FERC issued an order today granting Magnolia LNG, LLC’s application to construct and operate a liquefaction and LNG export terminal at Lake Charles, La. and Kinder Morgan Louisiana Pipeline LLC’s application to construct an interconnected pipeline. In approving the applications, FERC rejected arguments by Allegheny Defense Project and Sierra Club that FERC should find that Magnolia LNG’s application is contrary to the public interest because (1) “in addition to the direct impacts from construction and operation of the terminal, the exportation of gas will induce natural gas production...
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Flint Hills Resources Authorized to Export LNG to FTA Nations
Posted on Apr 15, 2016
The U.S. Department of Energy (DOE) has issued an order authorizing Flint Hills Resources to export approximately 3.62 Bcf/year (approximately 120,000 gallons/day) of LNG, over a 20-year term, from a liquefaction facility owned by Stabilis LNG Eagle Ford, LLC in George West, Texas. The exports would go to nations which have in place a Free Trade Agreement (FTA) with the United States. The order states that DOE will issue a separate order on Flint Hills Resources’ application to export LNG to non-FTA...
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Jordan Cove Energy Project Requests Rehearing of FERC’s Order Denying LNG Export Terminal Application
Posted on Apr 11, 2016
Jordan Cove Energy Project, L.P. and Pacific Connector Gas Pipeline, LP (together, Applicants) have filed a request for rehearing of FERC’s March 11, 2016 order which rejected, based on lack of market support, Applicants’ applications to construct and operate an LNG export terminal at Coos Bay, Ore., and an interconnected pipeline. On rehearing, Applicants argue that FERC should: (1) Reverse its order and issue the requested authorizations because recently executed agreements demonstrate need for the Project; (2) Either issue the requested authorizations, subject to conditions, or keep the...
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Veresen Announces Another Preliminary Agreement For Jordan Cove LNG Volumes
Posted on Apr 8, 2016
Veresen Inc. announced that it has reached a preliminary agreement on key terms for the purchase by Japanese company, ITOCHU Corporation, of 1.5 million tonnes per annum of natural gas liquefaction capacity at the proposed Jordan Cove Energy Project at Coos Bay, Ore. for an initial term of 20 years. According to the press release, the agreement is subject to the negotiation of a liquefaction tolling agreement. Veresen states that it has now concluded key commercial terms for at least 3 million tonnes per annum of natural gas liquefaction capacity and negotiations for the remaining...
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SCT&E LNG Announces Fourth MOU for LNG Sales
Posted on Apr 6, 2016
SCT&E LNG, Inc. announced today that it has signed a fourth non-binding Memorandum of Understanding (MOU) for the sale of LNG from its proposed liquefaction and LNG export terminal on Monkey Island in Cameron Parish, La. The announcement does not name the counterparty but states that “[t]his multi-billion dollar agreement was signed with a reputable Asian energy company that owns and operates an LNG import terminal and has plans to construct additional terminals.” According to the announcement, the “new agreement, combined with previously signed MOUs, brings the company’s total offtake...
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