FERC Releases Letter Order for Sabine Pass LNG Tie-Ins
Posted on Jul 2, 2014 in Federal Regulation, Liquefaction, Pipelines | Comments Off on FERC Releases Letter Order for Sabine Pass LNG Tie-Ins
Last week, FERC issued a letter order granting Cheniere Energy, Inc.’s June 5 request for approval to construct tie-ins. Sabine Pass LNG may construct the tie-ins in the areas between the existing Sabine Pass LNG Terminal and the Sabine Pass Liquefaction (SPL) Project Facilities (Stages 1 and 2) and between Stages 1 and 2 of the SPL facilities. The letter order also approved the...
Study Suggests Risk of Earthquake and Tsunami at Proposed Jordan Cove LNG Terminal
Posted on Jul 1, 2014 in Safety & Security | Comments Off on Study Suggests Risk of Earthquake and Tsunami at Proposed Jordan Cove LNG Terminal
The Oregonian reports on the risks that a large earthquake and resulting tsunami would pose to the proposed Jordan Cove liquefied natural gas terminal in Coos Bay. An Oregon State University study indicates there is a 40 percent chance of a mega-thrust earthquake and subsequent tsunami occurring in the region within the next 50 years. FERC’s Draft Environmental Impact Statement for...
KMLP Proposed Lake Charles Expansion Project to Accommodate Magnolia LNG
Posted on Jul 1, 2014 in Liquefaction, Vessel Transportation | Comments Off on KMLP Proposed Lake Charles Expansion Project to Accommodate Magnolia LNG
Kinder Morgan Louisiana Pipeline (KMLP) filed an application with FERC on Monday to make system modifications to create new firm transportation under a new north-to-south path for Magnolia LNG, LLC. The path will connect to Magnolia’s proposed liquefaction plant in Lake Charles, Louisiana. The Lake Charles Expansion Project proposed by KMLP will (1) modify KMLP’s existing delivery...
Cheniere Energy Stock at All-Time High Today after Woodside Agreement
Posted on Jul 1, 2014 in LNG Exports, Markets and Competition | Comments Off on Cheniere Energy Stock at All-Time High Today after Woodside Agreement
Cheniere Energy, Inc. hit an all-time high of $72.70 per share on Monday after the company reached an agreement for Woodside Petroleum to buy 850,000 metric tons of liquefied natural gas a year from the company’s Corpus Christi export project. The Wall Street Journal [subscription required] reports that pursuant to the agreement, sales of LNG are due to begin in 2019 and continue for...