FERC Releases Draft Environmental Impact Statement for Lake Charles LNG Export Project
Posted on Apr 10, 2015 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Releases Draft Environmental Impact Statement for Lake Charles LNG Export Project
FERC has released a Draft Environmental Impact Statement (DEIS) for the proposed Lake Charles liquefaction and LNG export terminal project proposed by Trunkline Gas Company and affiliates at the existing LNG import terminal at Lake Charles, La. The DEIS concludes that approval of the proposed project would have some adverse environmental impacts, but most of these impacts would be...
Apache Closes Sale of Kitimat LNG Interest to Woodside
Posted on Apr 10, 2015 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Apache Closes Sale of Kitimat LNG Interest to Woodside
Today, Apache Corporation announced that it has completed the previously disclosed sale of its 50% interest in the Kitimat LNG project and related upstream acreage in the Horn River and Liard natural gas basins in British Columbia, Canada, to Woodside Petroleum Limited. Total proceeds from the $854 million sale include $354 million in adjustments for reimbursement of net expenditures...
Oil Price Slump Improves Viability of Petronas’ Proposed B.C. LNG Export Terminal
Posted on Apr 9, 2015 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Oil Price Slump Improves Viability of Petronas’ Proposed B.C. LNG Export Terminal
Lower oil prices have enabled Pacific NorthWest LNG (PNWLNG), majority-owned by Malaysian state oil company Petronas, to lock in significantly lower development costs for its proposed LNG export terminal at Port Edward, British Columbia, improving the project’s economic viability. According to the Financial Post article, PNWLNG anticipates a final investment decision for the project...
Alaska Governor Orders Review of Alaska LNG Project Documents
Posted on Apr 9, 2015 in LNG Exports, Markets and Competition, State and Local Issues | Comments Off on Alaska Governor Orders Review of Alaska LNG Project Documents
The Alaska Journal of Commerce reports that Alaska Governor Walker has ordered a 45-day period to review documents related to the state’s participation in the producer-sponsored Alaska LNG export terminal and pipeline project. The Governor’s action has caused some concern due to potential delays for the large project and due to the state’s support for the Alaska Standalone Gas...
Shell – BG Group Merger Could Signal Demise of Prince Rupert LNG Project
Posted on Apr 9, 2015 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Shell – BG Group Merger Could Signal Demise of Prince Rupert LNG Project
The recent announcement of Royal Dutch Shell PLC’s (Shell) C$88 billion ($70 billion) deal to buy BG Group PLC (BG Group) could mean the end of BG Group’s proposed Prince Rupert LNG export terminal project in British Columbia (B.C.). Shell affiliate, Shell Canada, is the primary sponsor of LNG Canada’s proposed LNG export terminal project at Kitimat, B.C., which project is reported to...