DOE Vacates Pangea LNG (North America) Holdings’ FTA Export Authority
Posted on Apr 14, 2015 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on DOE Vacates Pangea LNG (North America) Holdings’ FTA Export Authority
The U.S. Department of Energy (DOE) has issued an order: (1) vacating Pangea LNG (North America) Holdings’ (Pangea) authority to export LNG to nations with a Free Trade Agreement (FTA) with the United States from Pangea’s proposed South Texas LNG Export Project, (2) withdrawing Pangea’s pending Non-FTA export application, and (3) vacating DOE’s notice authorizing a change in control. The order was issued in response to Pangea’s request, which stated that Pangea had never exported any LNG under its authority, that it did not intend to pursue efforts to export LNG, and that the proposed acquisition of Pangea by NextDecade Partners, LLC, never materialized and is no longer being contemplated.