DOE Planning Changes for LNG Export Procedures
Posted on Feb 8, 2012 in Federal Regulation, LNG Exports | Comments Off on DOE Planning Changes for LNG Export Procedures
Noting that “the market and technology have outgrown” current federal regulatory processes for permitting LNG exports, Deputy Assistant Secretary of Energy Christopher Smith told an audience in Washington, D.C., that his office will revise regulatory procedures for LNG export applications. Find further information in Platts LNG Daily. [Subscription...
EIA Official Expects U.S. LNG Exports to Raise End Users’ Energy Bills by 1-3%
Posted on Feb 7, 2012 in LNG Exports, Markets and Competition | Comments Off on EIA Official Expects U.S. LNG Exports to Raise End Users’ Energy Bills by 1-3%
During a presentation in Washington, D.C., this week, Angelina LaRose of the U.S. Energy Information Administration (EIA) said that she expects U.S. LNG exports could raise electricity costs for end users by between 1 and 3 percent in the coming years. Read more in Platts LNG Daily. [Subscription...
As BC Premier Announces Natural Gas Strategy, Industry Analyst Predicts LNG Export Projects in Western Canada May Merge
Posted on Feb 7, 2012 in Canada & Mexico, LNG Exports | Comments Off on As BC Premier Announces Natural Gas Strategy, Industry Analyst Predicts LNG Export Projects in Western Canada May Merge
Late last week, British Columbia Premier Christy Clark announced her government’s natural gas strategy, including a focus on LNG. According to The Province, the strategy predicts that the three LNG export plants planned for Canada’s west coast could create 9,000 construction jobs and 800 long-term jobs, and generate more than $1 billion in annual revenue. Premier Clark...
U.S. Senator Encourages FERC to Act Quickly on Sabine Pass LNG Liquefaction Project
Posted on Feb 6, 2012 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on U.S. Senator Encourages FERC to Act Quickly on Sabine Pass LNG Liquefaction Project
Senator Mary Landrieu (D-La.) has requested that FERC act on the Sabine Pass LNG liquefaction and export project at its February Commission meeting. In her letter to FERC Chairman Jon Wellinghoff, Senator Landrieu notes that the comment period for the Environmental Assessment for the project ended last month, so she requests the Commission to provide “an expeditious conclusion in...
Sempra Renegotiates Indonesian LNG Supply Contract to Allow More Cargo Diversions
Posted on Feb 6, 2012 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Sempra Renegotiates Indonesian LNG Supply Contract to Allow More Cargo Diversions
Platts LNG Daily [subscription required] reports that Sempra Energy and the partnership behind the Tangguh LNG liquefaction project in Indonesia are renegotiating the terms of their LNG supply contract. Under the revised terms of the contract, the Tangguh partners will be permitted to divert up to 80% of Sempra’s contracted LNG supplies to other customers, rather than the 50% gas...