PHMSA Approves Cove Point LNG Design Spill Criteria
Posted on Feb 28, 2014 in Environmental, Federal Regulation, LNG Exports, Safety & Security | Comments Off on PHMSA Approves Cove Point LNG Design Spill Criteria
The Pipeline and Hazardous Materials Safety Administration (PHMSA) sent a letter to FERC stating that it has no objection to Dominion Cove Point LNG’s (DCP) methodology for determining candidate design spills used to identify credible leakage scenarios and establish the siting for its proposed LNG export plant facilities, as required by PHMSA regulations. PHMSA’s letter can be found...
Japanese Utilities to Invest $1.2 Billion In Freeport LNG Train 1
Posted on Feb 28, 2014 in Financing, LNG Exports | Comments Off on Japanese Utilities to Invest $1.2 Billion In Freeport LNG Train 1
Bloomberg reports that Osaka Gas Company (Osaka) and Chubu Electric Power Company (Chubu) will each invest $600 million for their own 25% in shares of liquefaction Train 1 at Freeport LNG’s proposed export terminal near Freeport, Texas. Train 1 is designed to produce 4.4 million metric tons of LNG per year starting in 2018. Osaka and Chubu previously entered into tolling agreements...
DOE Approves ConocoPhillips Alaska and Annova LNG Applications to Export LNG to FTA Nations
Posted on Feb 27, 2014 in Federal Regulation, LNG Exports | Comments Off on DOE Approves ConocoPhillips Alaska and Annova LNG Applications to Export LNG to FTA Nations
The U.S. Department of Energy (DOE) has approved ConocoPhillips Alaska Natural Gas Corporation’s application to export 40 Bcf of LNG over a two-year period by vessel from the Kenai LNG Facility to nations with a Free Trade Agreement (FTA) with the United States requiring national treatment for trade in natural gas. DOE’s order can be found here. DOE will address ConocoPhillips’...
Alaska LNG Bill Moves Forward; Has Producer/Pipeline Support
Posted on Feb 27, 2014 in LNG Exports, State and Local Issues | Comments Off on Alaska LNG Bill Moves Forward; Has Producer/Pipeline Support
Alaska Native News reports that legislation that would make the State of Alaska a participant in the Alaska LNG project (SB 138) was passed by the Alaska Senate Resources Committee and is now before the Senate Finance Committee. According to the Juneau Empire, hearings are being held this week and project sponsors ConocoPhillips, BP, ExxonMobil and TransCanada are supportive of the...
Apache Seeking Buyers for Share of Proposed Kitimat LNG Project
Posted on Feb 26, 2014 in Canada & Mexico, LNG Exports | Comments Off on Apache Seeking Buyers for Share of Proposed Kitimat LNG Project
Bloomberg reports that Apache Corporation is seeking to sell a share of its 50% interest in the proposed Kitimat LNG export terminal project in British Columbia. Chevron Canada owns the remaining 50% of the project. The article states that Apache has had serious discussions for the sale with buyers in Asian...