The Business Council of B.C. Recommends Accelerated LNG Development in Energy Policy White Paper
Posted on Nov 11, 2013 in Canada & Mexico, LNG Exports, Policy, Legislation and Politics | Comments Off on The Business Council of B.C. Recommends Accelerated LNG Development in Energy Policy White Paper
The Business Council of British Columbia (B.C.) recently released a report on B.C. Energy Policy recommending, among other things, that the province take the following steps to accelerate natural gas and LNG development: (1) work with key stakeholders to formulate and release publicly a document on guiding principles for LNG development; (2) support the creation of a Ministry of...
FERC Vacates Authority for AES Sparrows Point LNG Import Terminal
Posted on Nov 8, 2013 in Federal Regulation, Regas Terminals & Capacity | Comments Off on FERC Vacates Authority for AES Sparrows Point LNG Import Terminal
FERC issued an order today vacating authority granted in 2009 to AES Sparrows Point LNG, LLC (AES) and Mid-Atlantic Express, LLC (Mid-Atlantic) to site, construct, and operate an LNG import terminal at Baltimore, Md. and an interconnected pipeline. AES and Mid-Atlantic requested the vacatur since they have decided not to construct the LNG terminal and pipeline facilities. FERC’s order...
Industrial Group Criticizes DOE LNG Export License Revocation Policy
Posted on Nov 7, 2013 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on Industrial Group Criticizes DOE LNG Export License Revocation Policy
The Industrial Energy Consumers of America (IECA), a nonpartisan association of leading manufacturing companies, submitted a letter to U.S. Department of Energy Secretary Moniz critical of DOE’s recent statement in a letter to Senators Wyden and Murkowski that it would only revoke an LNG export license in the most extraordinary circumstances and that DOE would not use it revocation...
FERC Releases Update on Elba Island LNG Export Project
Posted on Nov 5, 2013 in Federal Regulation, LNG Exports | Comments Off on FERC Releases Update on Elba Island LNG Export Project
FERC has issued an update on its review of the proposed liquefaction and LNG export project at the existing Elba Island LNG terminal near Savannah, Ga., a joint project sponsored by Elba Liquefaction Company, L.L.C., Southern LNG Company, L.L.C., and Elba Express Company, L.L.C. The next major step in the permitting process will be the filing with FERC of formal applications and final...
Douglas Channel LNG Sponsor Files for Financial Reorganization
Posted on Nov 4, 2013 in Financing, LNG Exports | Comments Off on Douglas Channel LNG Sponsor Files for Financial Reorganization
The Wall Street Journal [subscription required] reports that a sponsor of the proposed Douglas Channel LNG export terminal in British Columbia filed for a court sanctioned financial reorganization under Canada’s Companies’ Creditors Arrangement Act, which is analogous to a U.S. Chapter 11 bankruptcy filing. The article states that the project developer, BC LNG, a consortium between...