BP Energy Files Appeal of FERC Orders Authorizing Dominion Cove Point LNG Export Project
Posted on Jul 9, 2015 in Environmental, Federal Regulation, Liquefaction, LNG Exports, Markets and Competition | Comments Off on BP Energy Files Appeal of FERC Orders Authorizing Dominion Cove Point LNG Export Project
BP Energy has filed a petition for review of FERC’s orders authorizing construction and operation of the Dominion Cove Point LNG (DCP) export terminal in Lusby, Md. BP Energy filed the petition in the U.S. Court of Appeals for the D.C. Circuit to challenge orders in which FERC determined that DCP did not unduly discriminate against BP Energy by not offering BP Energy the same...
Federal Environmental Assessment Required for WesPac Tilbury Marine Jetty Project
Posted on Jul 8, 2015 in Canada & Mexico, Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on Federal Environmental Assessment Required for WesPac Tilbury Marine Jetty Project
The Canadian Environmental Assessment Agency has ruled that a federal environmental assessment, rather than a provincial environmental assessment as requested by the British Columbia Environmental Assessment Office, is required for the WesPac Tilbury Marine Jetty Project. The project, proposed by WesPac Midstream – Vancouver LLC, involves the construction and operation of a new LNG...
B.C. Government Releases Details of Pacific NorthWest LNG Deal
Posted on Jul 7, 2015 in Canada & Mexico, Liquefaction, LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on B.C. Government Releases Details of Pacific NorthWest LNG Deal
CBC News reports that British Columbia (B.C.) Finance Minister Mike de Jong has released details of the province’s $36-billion deal with Petronas-led Pacific NorthWest LNG (PNWLNG) to encourage construction of a liquefaction and LNG export terminal near Prince Rupert. According to the CBC News article, B.C. has agreed, for a period of 25 years, “to compensate [PNWLNG] if taxes on the...
New Report Projects $283 Billion of Planned LNG Projects Potentially Unneeded by 2025
Posted on Jul 7, 2015 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on New Report Projects $283 Billion of Planned LNG Projects Potentially Unneeded by 2025
Carbon Tracker Initiative has released a report that identifies $283 billion of potential LNG projects that by 2025 are likely to be surplus if increased global gas demand is restrained “to stay within a carbon budget that limits global warming to the 2⁰C United Nations’ target.” By 2035, the study finds the value of unneeded LNG projects rises to $379 billion, with $82 billion of...
FERC Concerned with Viability of CE FLNG Project
Posted on Jul 6, 2015 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Concerned with Viability of CE FLNG Project
FERC Staff has sent a letter to CE FLNG, LLC (CE FLNG), an affiliate of Cambridge Energy Group Limited, regarding the status of its proposed self-propelled floating LNG export terminal on the Mississippi River near Baptiste Collette Bayou in Plaquemines Parish, La. The letter states that due to CE FLNG’s project schedule changes and the lack of a complete set of filed draft resource...