DOE Gives Preliminary Approval for LNG Exports from the Lake Charles Terminal to Non-FTA Nations
Posted on Aug 7, 2013 in Federal Regulation, LNG Exports | Comments Off on DOE Gives Preliminary Approval for LNG Exports from the Lake Charles Terminal to Non-FTA Nations
Today, the U.S. Department of Energy issued an order conditionally approving Lake Charles Exports, LLC’s application to export domestically produced LNG by vessel from Trunkline LNG’s proposed LNG export terminal at Lake Charles, La. to nations that have not entered into a free trade agreement (FTA) with the United States providing for national treatment of natural gas...
FERC Approves Accelerated Construction for Sabine Pass Liquefaction Trains 3 and 4
Posted on Aug 6, 2013 in Federal Regulation, LNG Exports | Comments Off on FERC Approves Accelerated Construction for Sabine Pass Liquefaction Trains 3 and 4
FERC has issued an order approving Sabine Pass LNG’s application for accelerated construction of the Stage 2 liquefaction Trains 3 and 4 for its LNG export terminal located in Cameron Parish, La. The order permits the construction of Trains 3 and 4 to coincide with the construction of Stage 1 Trains 1 and 2, which are currently being built. Sabine Pass anticipates that Train 1...
U.S. Senators Ask Moniz under What Circumstances DOE Would Revoke an LNG Export License
Posted on Aug 5, 2013 in Federal Regulation, LNG Exports | Comments Off on U.S. Senators Ask Moniz under What Circumstances DOE Would Revoke an LNG Export License
U.S. Senators Ron Wyden (D-OR) and Lisa Murkowski (R-AK) sent a letter to U.S. Department of Energy Secretary Moniz on Friday asking for “greater clarity on what the agency considers ‘appropriate circumstances’ when the agency might be compelled to revoke or modify an export authorization and explain the applicable process in such a situation.” The senators...
ConocoPhillips Withdrawing from Freeport LNG Export Project
Posted on Aug 2, 2013 in Financing, LNG Exports | Comments Off on ConocoPhillips Withdrawing from Freeport LNG Export Project
Dow Jones Business News reports that ConocoPhillips has reached an agreement to pull out of the Freeport LNG export project in Texas. The move is part of the company’s repositioning to focus on U.S. shale gas...
Chevron FID on Kitimat LNG Expected in 2014
Posted on Aug 2, 2013 in Canada & Mexico, LNG Exports | Comments Off on Chevron FID on Kitimat LNG Expected in 2014
Dow Jones Business News reports that a final investment decision (FID) by Chevron Corp. on the Kitimat LNG project in British Columbia will not come until 2014. The article states that while Chevron has been negotiating with unnamed Asian companies, unless equity partners can be found for 60% of the project’s export capacity, the project will not be...