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U.S. House Trade Subcommittee Schedules Hearing On Trade Implications Of LNG Exports

The U.S. House of Representatives Ways and Means Trade Subcommittee has scheduled a hearing for April 9, 2014 on the trade implications of U.S. energy policy and LNG exports. The focus of the hearing will include discussion of: (1) the trade implications of removing barriers to U.S. LNG exports, including potential effects on the trade deficit; (2) economic implications of increased...

Senate Bill Would Provide for Automatic Approval of LNG Exports to Ukraine, Japan, and NATO Countries

The Energy Security Act, introduced by Senators John Hoeven (R-ND), John Barrasso (R-WY), and Lisa Murkowski (R-AK), would require the U.S. Department of Energy to automatically approve applications to export LNG to Ukraine, Japan, and NATO member countries, similar to current law that provides for automatic approval of gas exports to countries with which the United States has a free...

Cheniere Signs Deal with Endesa Generacion for Corpus Christi LNG Supplies at Henry Hub-Linked Prices

Cheniere Energy, Inc. subsidiary Corpus Christi Liquefaction, LLC (CCL) has entered into an LNG sale and purchase agreement (SPA) with Spanish company Endesa Generacion, S.A. (Endesa) under which Endesa will purchase 1.5 million tonnes of LNG per year over a 20-year period from the proposed CCL export terminal near Corpus Christi, Texas.  According to the press release, a final...

Kansai Electric to Buy Cameron LNG Supplies at Henry Hub-Linked Prices

Reuters reports that Japan’s Kansai Electric Power Co. has entered into an agreement to purchase 400,000 tonnes of LNG per year from Mitsui & Co. over a 20-year period from the Cameron LNG terminal at Henry Hub-linked prices, starting in late...

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