FERC Issues Schedule For Environmental Review
Posted on Jul 18, 2014 in Environmental, Federal Regulation, LNG Exports, Pipelines | Comments Off on FERC Issues Schedule For Environmental Review
FERC issued a Notice of Schedule for Environmental Review for the Jordan Cove Liquefaction and Pacific Connector Pipeline Projects. The planned schedule set February 27, 2015, as the date for the issuance of notice of availability of the final Environmental Impact Statement (“EIS”) and May 28, 2015, as the 90-day Federal Authorization Decision Deadline. Jordan Cove’s proposed LNG...
Corpus Christi and EDF Sign 20-Year SPA
Posted on Jul 18, 2014 in LNG Exports, Markets and Competition | Comments Off on Corpus Christi and EDF Sign 20-Year SPA
Cheniere Energy, Inc. announced in a news release that its subsidiary, Corpus Christi Liquefaction, LLC, entered into a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Électricité de France, S.A. (“EDF”). Under the SPA, EDF has agreed to purchase approximately 0.38 million tonnes per annum (“mtpa”) of LNG upon the commencement of operations of Train...
Watson Island LNG and the City of Prince Rupert, B.C. Sign Exclusivity Agreement for Export Terminal
Posted on Jul 17, 2014 in Canada & Mexico, LNG Exports | Comments Off on Watson Island LNG and the City of Prince Rupert, B.C. Sign Exclusivity Agreement for Export Terminal
On Wednesday, Watson Island LNG Corp. (WILNG) and the City of Prince Rupert, British Columbia, announced that they have entered into an exclusivity agreement for an LNG export terminal. Under the agreement, WILNG will re-purpose Watson Island, B.C. into a small LNG export terminal. Mayor Jack Mussallem remarked on the agreement: “We are optimistic this project will be an economic...
World Bank to Help Finance World’s First Floating Liquefaction Plant
Posted on Jul 17, 2014 in Financing, Liquefaction | Comments Off on World Bank to Help Finance World’s First Floating Liquefaction Plant
Bloomberg News reports that the International Finance Corp. (IFC), a member of the World Bank Group focused exclusively on the private sector, will help finance a $300 million project to develop the world’s first floating LNG liquefaction plant, which will be located in Colombia. The project is a joint venture between Pacific Rubiales Energy Corp. and Exmar NV. IFC’s global head of...
FERC Grants Extension of Time for Comments on Dominion Cove Point LNG
Posted on Jul 16, 2014 in Environmental, Federal Regulation, LNG Exports | Comments Off on FERC Grants Extension of Time for Comments on Dominion Cove Point LNG
FERC issued a notice granting Patuxent Riverkeeper, an environmental group, an extension of time until August 1, 2014, to comment on privileged and Critical Energy Infrastructure Information (“CEII”) documents. Patuxent Riverkeeper received the documents after a June 13, 2014 FERC order requiring Dominion Cove Point LLP (“DCPL”) to provide Patuxent Riverkeeper with CEII and other...