U.S. House Subcommittee on Energy and Power to Hold Forum on Geopolitical Implications and Mutual Benefits of U.S. LNG Exports
Posted on Oct 8, 2013 in LNG Exports, Policy, Legislation and Politics | Comments Off on U.S. House Subcommittee on Energy and Power to Hold Forum on Geopolitical Implications and Mutual Benefits of U.S. LNG Exports
The U.S. House of Representatives Subcommittee on Energy and Power will hold a forum on the “Geopolitical Implications and Mutual Benefits of U.S. LNG Exports” on October 10, 2013. Representatives from several foreign countries, including Japan and India, will provide “perspectives on U.S. LNG exports, the current policies governing these exports, and the potential impacts increasing...
B.C. to Announce LNG Export Tax Rates in November
Posted on Oct 8, 2013 in Canada & Mexico, Policy, Legislation and Politics | Comments Off on B.C. to Announce LNG Export Tax Rates in November
The Globe and Mail reports that Rich Coleman, the British Columbia (B.C.) Minister for Natural Gas Development, stated that B.C. will announce its LNG export tax rates in November, with the rates intended to reflect a “sweet spot” between the government and the LNG industry. The export tax rates will be included in legislation to provide certainty to industry...
Jordan Cove Energy Project Enters Into Heads of Agreements with Prospective Customers
Posted on Oct 8, 2013 in LNG Exports, Markets and Competition | Comments Off on Jordan Cove Energy Project Enters Into Heads of Agreements with Prospective Customers
Veresen Inc. announced that its subsidiaries, Jordan Cove Energy Project L.P. and Pacific Connector Gas Pipeline, L.P., have entered into non-binding Heads of Agreements (HOA) with three Asian customers related to the proposed Jordan Cove LNG export facility located in Coos Bay, Ore. and its interconnected pipeline. The HOAs set out the commercial terms of the subsequent, binding,...
Nikiski Area Chosen as Lead Site for Alaskan LNG Export Terminal
Posted on Oct 7, 2013 in LNG Exports, State and Local Issues | Comments Off on Nikiski Area Chosen as Lead Site for Alaskan LNG Export Terminal
North Slope producers ExxonMobil, BP, and ConocoPhillips, along with pipeline company TransCanada issued a press release today stating that they have selected a site in the Nikiski area on the Kenai Peninsula as the lead site for the proposed Alaska LNG project’s natural gas liquefaction plant and LNG export terminal. According to the press release, the companies remain committed to...
Petronas Confirms Commitment to C$36 Billion BC LNG Project
Posted on Oct 7, 2013 in Canada & Mexico, LNG Exports | Comments Off on Petronas Confirms Commitment to C$36 Billion BC LNG Project
Bloomberg reports that Malaysian Prime Minister Najib Razak confirmed that Malaysian state energy company Petroliam Nasional Bhd. (Petronas) is moving forward with plans to invest C$36 billion to develop an LNG export terminal at Prince Rupert, British Columbia. A final investment decision on the project is expected the end of 2014....