U.S. House Passes Bill to Expedite LNG Exports
Posted on Sep 19, 2014 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on U.S. House Passes Bill to Expedite LNG Exports
Yesterday, the U.S. House of Representatives passed H.R. 2, which includes provisions to expedite LNG exports in Title III, the “Domestic Prosperity and Global Freedom Act.’’ The provisions require that, for applications to export gas involving new facilities subject to FERC or U.S. Maritime Administration approval, the U.S. Department of Energy (DOE) issue a final decision within 30...
Alaskan LNG Delegation Travels to Asian Nations
Posted on Sep 17, 2014 in LNG Exports, Markets and Competition, State and Local Issues | Comments Off on Alaskan LNG Delegation Travels to Asian Nations
Alaska Dispatch News reports that Alaskan state officials and executives from BP, one of the sponsors of the Alaska LNG Project, recently traveled to Japan, China and South Korea to meet with utilities and others that may be involved in purchasing LNG supplies from the project. The report states that the Alaska Department of Natural Resources and the Japanese Ministry of Economy,...
Louisiana LNG Energy Anticipates 2017 In-Service Date for LNG Export Terminal
Posted on Sep 17, 2014 in Federal Regulation, LNG Exports | Comments Off on Louisiana LNG Energy Anticipates 2017 In-Service Date for LNG Export Terminal
Louisiana LNG Energy (LLNGE) recently told FERC Staff that it intends to construct its proposed LNG export terminal on the Mississippi River in Plaquemines Parish, La. in phases, with LNG exports to begin in 2017. Full operations at the terminal are anticipated to start in early 2018. FERC’s memo can be found here, and the complete docket for the LLNGE project can be found on...
Progress Energy On Track for FID by Year’s End
Posted on Sep 16, 2014 in Canada & Mexico, LNG Exports, Policy, Legislation and Politics | Comments Off on Progress Energy On Track for FID by Year’s End
Financial Post reports that Michael Culbert, chief executive officer of Progress Energy Canada Ltd., an affiliate of Malaysian oil company Petronas Bhd and sponsor of the proposed Pacific NorthWest LNG export terminal on Lelu Island, British Columbia, is still planning on making a final investment decision for the project by the end of 2014. The article also states that Mr. Culbert...
B.C. LNG Export Terminal Sponsors Press for Tax Breaks
Posted on Sep 16, 2014 in Canada & Mexico, Federal Regulation, Policy, Legislation and Politics | Comments Off on B.C. LNG Export Terminal Sponsors Press for Tax Breaks
The Globe and Mail reports that the B.C. LNG Developers Alliance (Alliance), representing four of the largest sponsors of proposed LNG export terminals on British Columbia’s West Coast, recently sent a letter to Canada’s House of Commons Standing Committee on Finance requesting that the terminals be classified as manufacturing operations rather than distribution businesses to gain more...