FERC Rejects Cove Point’s Tariff Revisions, Calls for Technical Conference
Posted on Jun 27, 2011 in Federal Regulation, Regas Terminals & Capacity | Comments Off on FERC Rejects Cove Point’s Tariff Revisions, Calls for Technical Conference
FERC issued an order last week rejecting a number of tariff revisions proposed by Dominion Cove Point LNG, LP, including one that would require shippers at the Cove Point facility to import LNG cargos in order to maintain proper temperature and operational status for the terminal. In its order, FERC tentatively scheduled a technical conference to discuss the proposal on July 7, 2011....
Canadian Official Cautions on LNG Exports from United States
Posted on Jun 27, 2011 in Canada & Mexico, Environmental, LNG Exports | Comments Off on Canadian Official Cautions on LNG Exports from United States
Robert McLeod, minister for industry, tourism and investment for the Northwest Territories, told a conference in Washington, D.C., that he would be cautious in supporting LNG exports by American companies. McLeod cited climate change concerns in his comments, questioning why the United States would export natural gas supplies while still using energy sources with higher greenhouse gas...
Op-Ed Examines LNG Export Proposals
Posted on Jun 23, 2011 in LNG Exports, Markets and Competition | Comments Off on Op-Ed Examines LNG Export Proposals
An op-ed piece carried recently by the Houston Chronicle examines the challenges facing the U.S. LNG export proposals, particularly Cheniere Energy’s Sabine Pass LNG liquefaction proposal. The piece quotes energy industry investor T. Boone Pickens’ criticism of the proposal, though it notes his understanding of the difficult business conditions Cheniere...
June 24, 2011
Posted on Jun 23, 2011 in Regas Terminals & Capacity | Comments Off on June 24, 2011
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Industry Consultants: LNG Exports from Canada Could Affect Henry Hub Gas Prices
Posted on Jun 23, 2011 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Industry Consultants: LNG Exports from Canada Could Affect Henry Hub Gas Prices
Consultants with Bernstein Research issued a report this week stating that LNG exports from the proposed liquefaction projects in Western Canada could raise the Henry Hub natural gas price by $2.54/MMcf in 2019 and $1.73/MMcf in 2020. Platts LNG Daily provides additional details. [Subscription...