Centrica Contracts for Sabine Pass LNG Supplies – Cheniere Files Full Contract
Posted on Mar 25, 2013 in Liquefaction, LNG Exports | Comments Off on Centrica Contracts for Sabine Pass LNG Supplies – Cheniere Files Full Contract
British energy company Centrica plc announced that it has signed a contract with Cheniere Energy Partners, L.P., to purchase 89 Bcf (approximately 1.75 million metric tons) per year of LNG from the Sabine Pass liquefaction plant in Cameron Parish, La. The contract is for an initial 20 year period with the purchase price indexed to the Henry Hub natural gas price plus a fixed component....
Ottawa Declines to Classify LNG Export Facilities as Manufacturing and Processing
Posted on Mar 22, 2013 in Canada & Mexico, LNG Exports | Comments Off on Ottawa Declines to Classify LNG Export Facilities as Manufacturing and Processing
The Financial Post reports that Canada’s Budget 2013 does not include a classification of LNG export facilities as manufacturing and processing for tax purposes, as advocated by the Canadian Association of Petroleum Producers (CAPP). CAPP had pushed for the designation to accelerate depreciation on Canadian LNG export facilities which, according to CAPP, are at a disadvantage to...
Joining TPP Could Ease Japan’s Access to U.S. LNG Supplies
Posted on Mar 22, 2013 in LNG Exports, Policy, Legislation and Politics, Trade Restrictions | Comments Off on Joining TPP Could Ease Japan’s Access to U.S. LNG Supplies
An article in The Japan Times states that Japanese Prime Minister Shinzo Abe favors Japan entering into Trans-Pacific Partnership (TPP) trade negotiations with the United States. The Trans-Pacific agreement currently being negotiated would govern trade relations among eleven nations in Asia and the Americas. According to the article, joining the TPP talks could ease Japan’s...
FERC Provides Status Report on Oregon LNG Export Project Review
Posted on Mar 22, 2013 in Environmental, Federal Regulation, LNG Exports | Comments Off on FERC Provides Status Report on Oregon LNG Export Project Review
FERC issued a status report on its pre-filing review of the Oregon LNG Export Project. FERC Staff has provided comments to Oregon LNG on its Draft Resource Reports. The next step is for Oregon LNG to address those comments, as well as comments from the public, in Resource Reports to be submitted with a formal application for the Project. The status report can be found on eLibrary under...
FERC Issues Second EIS Notice for Trunkline LNG Export Project
Posted on Mar 22, 2013 in Environmental, Federal Regulation, LNG Exports | Comments Off on FERC Issues Second EIS Notice for Trunkline LNG Export Project
FERC issued a second notice of its intent to prepare an environmental impact statement (EIS) to address Trunkline LNG Company LLC’s proposed construction and operation of additional facilities at its Lake Charles Liquefaction Project export terminal and interconnected pipeline. Comments on the scope of the EIS are due April 22, 2013. FERC’s notice can be found on eLibrary...