B.C. and Woodfibre Sign Letter of Intent to Cooperate on LNG Export Terminal
Posted on May 8, 2014 in Canada & Mexico, LNG Exports | Comments Off on B.C. and Woodfibre Sign Letter of Intent to Cooperate on LNG Export Terminal
British Columbia (B.C.) Premier Christy Clark and Woodfibre Natural Gas Limited (Woodfibre) Lead Director Imelda Tanoto signed a Letter of Intent to work collaboratively to secure long-term investments by Woodfibre in a B.C. LNG terminal. Woodfibre has obtained a license to export gas from a proposed LNG terminal located on the Woodfibre site near Squamish, B.C. Like a similar...
Environmental Group Files Complaint with the SEC Over Dominion Cove Point LNG Export Terminal
Posted on May 7, 2014 in Litigation, LNG Exports | Comments Off on Environmental Group Files Complaint with the SEC Over Dominion Cove Point LNG Export Terminal
Yesterday, the Chesapeake Climate Action Network and Ruth McElroy Amundsen, an existing shareholder in Dominion Resources, Inc., filed a complaint with the U.S. Securities and Exchange Commission (SEC) alleging that Dominion Midstream Partners LP (Dominion Midstream), a new gas export subsidiary of Dominion Resources, may have omitted or inadequately disclosed in its registration...
B.C. and Petronas Sign Letter of Intent to Cooperate on LNG Export Terminal
Posted on May 6, 2014 in Canada & Mexico, LNG Exports | Comments Off on B.C. and Petronas Sign Letter of Intent to Cooperate on LNG Export Terminal
Yesterday, British Columbia (B.C.) Premier Christy Clark and Tan Sri Dato’ Shamsul Azhar Abbas, Group CEO and President of Malaysian state oil company Petroliam Nasional Berhad (Petronas), signed a Letter of Intent to work collaboratively to secure long-term investments by Petronas in an LNG terminal in B.C. Petronas is the majority owner of Pacific NorthWest LNG Ltd., which proposes...
Magnolia LNG Fully Funded to Financial Close
Posted on May 5, 2014 in Financing, LNG Exports | Comments Off on Magnolia LNG Fully Funded to Financial Close
Magnolia LNG announced that it has raised enough money in a recent stock offering to fully fund its proposed LNG export terminal project at Lake Charles, La. through to financial close, which is expected in mid-2015. Read more in the press...
Article Explains Alaska LNG Project Legislation
Posted on May 5, 2014 in LNG Exports, State and Local Issues | Comments Off on Article Explains Alaska LNG Project Legislation
An article in the Alaska Dispatch explains a bill recently passed by the Alaska legislature that would provide for the state’s participation in the Alaska LNG Project. The article was written for publication in the media by the Office of the Federal Coordinator for Alaska Natural Gas Transportation Projects, a federal agency whose goal is to transparently coordinate permitting and...