FERC Releases EIS for Freeport LNG Project
Posted on Jun 18, 2014 in Environmental, Federal Regulation, LNG Exports | Comments Off on FERC Releases EIS for Freeport LNG Project
On Monday, FERC released a final environmental impact statement (EIS) for two proposals related to Freeport LNG’s operations on Quintana Island, Texas. The proposals included modifications to previously authorized, but not yet constructed, facilities and a proposal for new facilities. Staff concluded that the projects would result in mostly temporary and short-term environmental...
Department of Energy Approves Texas LNG to Export Gas
Posted on Jun 18, 2014 in Canada & Mexico, LNG Exports | Comments Off on Department of Energy Approves Texas LNG to Export Gas
The US Department of Energy granted Texas LNG approval to export to Free Trade Agreement countries. Texas LNG has approval to export the equivalent of 100 Bcf/y (approximately 2 MTA) of domestically produced LNG. The authorization is for a 25-year term to current and future Free Trade Agreement countries. Texas LNG is currently building a $1 billion terminal in South Texas at the Port...
BP to Sign $20 Billion LNG Supply Deal with China’s CNOOC
Posted on Jun 17, 2014 in LNG Exports, Markets and Competition | Comments Off on BP to Sign $20 Billion LNG Supply Deal with China’s CNOOC
BP is scheduled to sign a $20 billion deal to supply China National Offshore Oil Corporation (CNOOC) with LNG over a span of 20 years. BP is said to be likely to source much of the LNG for the deal from its contracted capacity at the Freeport LNG liquefaction facility near Freeport, Texas. Reuters reports the deal will increase China’s LNG intake by at least 1.5 million tonnes each...
Markey: Natural Gas Export Approvals May Be Unlawful
Posted on Jun 17, 2014 in Federal Regulation, Policy, Legislation and Politics | Comments Off on Markey: Natural Gas Export Approvals May Be Unlawful
Senator Ed Markey of Massachusetts wrote a letter to the Obama Administration yesterday regarding his concern that the export of natural gas from the US is illegal. Senator Markey argues that despite a clear directive from the Energy Policy and Conservation Act of 1975 (EPCA) to prohibit the export of both American oil and natural gas, the Department of Commerce has failed to issue...
SCT&E Files Application with DOE for Approval of LNG Exports to FTA Countries
Posted on Jun 16, 2014 in Federal Regulation, LNG Exports | Comments Off on SCT&E Files Application with DOE for Approval of LNG Exports to FTA Countries
According to a report released by the U.S. Department of Energy (DOE) on June 13, 2014, SCT&E LNG filed an application with DOE for approval to export 4 million tonnes of LNG per year to countries having a free trade agreement with the United States over the next 30 years. SCT&E LNG filed the report on May 23, and the report indicates that SCT&E LNG’s liquefaction plant...