Oregon: Lease of State Lands for Oregon LNG Project Allows Only Imports, Not Exports
Posted on Jan 11, 2012 in LNG Exports, State and Local Issues | Comments Off on Oregon: Lease of State Lands for Oregon LNG Project Allows Only Imports, Not Exports
The Oregon Department of State Lands has informed Oregon LNG that, in its view, the lease of state lands to the company only is for the purpose of allowing an LNG import facility, not an LNG export facility. Read more in the Daily...
Alaska LNG Export Plan Not Eligible for U.S. Pipeline Loan Guarantee Assistance
Posted on Jan 11, 2012 in Financing, LNG Exports | Comments Off on Alaska LNG Export Plan Not Eligible for U.S. Pipeline Loan Guarantee Assistance
Larry Persily, the Alaska natural gas pipeline project coordinator for the Obama Administration, told International Oil Daily [subscription required] that the LNG export project in Alaska contemplated by BP and ConocoPhillips would not be eligible for $21 billion in loan guarantees from the U.S....
Downeast LNG Developer Highlights Project’s Potential Benefits
Posted on Jan 10, 2012 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Downeast LNG Developer Highlights Project’s Potential Benefits
Dean Girdis, CEO and president of Downeast LNG, submitted an op-ed to the Bangor Daily News that argues the proposed LNG import and regasification project will provide significant economic benefits to the region surrounding the project...
Excelerate Energy Plans to Start Construction of Aguirre GasPort in Puerto Rico by Second Half of 2013
Posted on Jan 9, 2012 in Regas Terminals & Capacity | Comments Off on Excelerate Energy Plans to Start Construction of Aguirre GasPort in Puerto Rico by Second Half of 2013
A spokesperson for Excelerate Energy told Business News Americas that the company hopes to begin installing the Aguirre GasPort offshore Puerto Rico by the second half of 2013.
Crown Landing Cancels Proposed LNG Import and Regasification Project
Posted on Jan 9, 2012 in Federal Regulation, Markets and Competition, Regas Terminals & Capacity | Comments Off on Crown Landing Cancels Proposed LNG Import and Regasification Project
Crown Landing LLC has surrendered its LNG import and regasification authorization issued by FERC. In its letter to the Commission, available in the eLibrary under Docket No. CP04-411, Crown Landing noted that increased production from North American gas shale plays and growing demand for natural gas around the world have combined to “make it unlikely that the company can secure...