Apache Corporation Seeks Buyer for Stake in the Wheatstone Project
Posted on Jul 8, 2014 in Markets and Competition | Comments Off on Apache Corporation Seeks Buyer for Stake in the Wheatstone Project
Bloomberg reports that Apache Corporation is seeking a buyer for its interests in the Wheatstone LNG project. Apache Corporation, an American oil and gas producer, has engaged in early discussions with potential buyers for its holdings in Chevron Corporation’s project in Western Australia. Within the last year, Apache Corporation has announced the sale of several sizable assets,...
Golden Pass Products Files Formal FERC Application
Posted on Jul 8, 2014 in LNG Exports | Comments Off on Golden Pass Products Files Formal FERC Application
Golden Pass Products LLC submitted a formal application to FERC to add export capabilities to the existing Golden Pass LNG import facility near the Louisiana-Texas border in Sabine Pass, Texas. If approved, the expansion would allow Golden Pass the flexibility to import and export natural gas in response to market conditions. The application process will require environmental impact...
PHMSA Proposed LNG Facility User Fee Rate Increase
Posted on Jul 7, 2014 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on PHMSA Proposed LNG Facility User Fee Rate Increase
The Pipeline and Hazardous Materials Safety Administration (PHMSA) issued a Notice of Agency Action on July 3, 2014 of an increase in the user fee rates 5 percent of the total gas program costs. The increase will be implemented incrementally over a three-year period. Interested parties can submit comments until September 2,...
LNG-Buy BC Online Tool Ready
Posted on Jul 7, 2014 in Canada & Mexico | Comments Off on LNG-Buy BC Online Tool Ready
The government of British Columbia has announced that businesses may begin pre-registration to use an internet registry, the LNG-Buy BC tool, to connect local, British Columbia businesses with major LNG projects. A British Columbia government official explained in a statement, “LNG-Buy BC tool is focused on ensuring B.C. businesses have the right tools they need to connect with the...
Canadian Government Conditionally Approves Northern Gateway Project
Posted on Jul 7, 2014 in Canada & Mexico, LNG Exports | Comments Off on Canadian Government Conditionally Approves Northern Gateway Project
Prime Minister Stephen Harper has approved Enbridge’s Northern Gateway Pipeline Project, subject to 209 conditions that were recommended by an independent body established by the Minister of the Environment and the National Energy Board of Canada to review the project. The proposed pipeline is a 1,200 kilometer twin pipeline system that would carry tar sands oil from Edmonton to...