EIA Releases Report on Potential Economic Effects of Additional U.S. LNG Exports
Posted on Jan 19, 2012 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on EIA Releases Report on Potential Economic Effects of Additional U.S. LNG Exports
The U.S. Energy Information Administration (EIA) has released a report discussing potential effects of additional U.S. LNG exports on the domestic economy. The report was requested by the Department of Energy’s Office of Fossil Energy as it continues to evaluate LNG export...
Think Tank Discusses Prospects for U.S. LNG Exports
Posted on Jan 18, 2012 in LNG Exports, Policy, Legislation and Politics | Comments Off on Think Tank Discusses Prospects for U.S. LNG Exports
The Brookings Institution has released an interim report entitled “Evaluating the Prospects for Increased Exports of Liquefied Natural Gas from the United States” which offers an in-depth discussion of various issues facing U.S. LNG exports. The report notes that although U.S. LNG exports to overseas markets are attractive at present, particularly to consuming markets in...
Spectra CEO Predicts Between Three and Six U.S. LNG Export Projects Will Be Built
Posted on Jan 18, 2012 in LNG Exports, Pipelines | Comments Off on Spectra CEO Predicts Between Three and Six U.S. LNG Export Projects Will Be Built
Speaking to BusinessWeek, Spectra Energy Corp. CEO Gregory Ebel said that he expects three to six LNG export projects to be built in the United States, and that Spectra, a leading natural gas pipeline operator, will have some level of involvement in all of...
Japan’s Marubeni Settles with U.S. Government over Alleged Bribery Scheme Involving Nigerian Bonny Island LNG Project
Posted on Jan 18, 2012 in Liquefaction, Litigation | Comments Off on Japan’s Marubeni Settles with U.S. Government over Alleged Bribery Scheme Involving Nigerian Bonny Island LNG Project
Marubeni Corporation has settled with the U.S. Department of Justice (DOJ) as part of a U.S. Government investigation into bribery allegations regarding the Bonny Island LNG liquefaction project in Nigeria. Under the terms of the settlement, Marubeni Corp. will pay the DOJ $54.8 million for its role in the alleged bribery scheme. Other parties in this investigation, including JGC Corp....
Company Applies for LNG Export Authorization from New-Build Liquefaction Facility in Texas
Posted on Jan 18, 2012 in Federal Regulation, LNG Exports | Comments Off on Company Applies for LNG Export Authorization from New-Build Liquefaction Facility in Texas
Gulf Coast LNG Export LLC has applied for authorization from the U.S. Department of Energy (DOE) to export up to 2.8 Bcf/d of LNG to both FTA and non-FTA countries from a new LNG liquefaction terminal in Brownsville, Texas. The application, available under Docket No. 12-05-LNG from DOE’s Office of Fossil Energy, requests export authorization for a 25-year term. The Pittsburgh...