Next Decade LLC Enlists Financial Advisor
Posted on Aug 5, 2015 in Financing, Liquefaction, LNG Exports | Comments Off on Next Decade LLC Enlists Financial Advisor
Next Decade LLC announced that it has engaged Sumitomo Mitsui Banking Corporation (SMBC) as Financial Advisor and Mandated Lead Arranger for its proposed Rio Grande LNG export terminal in Brownsville, Texas. According to the press release, SMBC, which has extensive experience in financing LNG projects worldwide, will be responsible for securing debt financing for the Rio Grande LNG...
DOE Authorizes LNG Exports from Floridian Natural Gas Storage Facility to FTA Nations
Posted on Aug 4, 2015 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on DOE Authorizes LNG Exports from Floridian Natural Gas Storage Facility to FTA Nations
The U.S. Department of Energy (DOE) has issued an order authorizing Floridian Natural Gas Storage Company, LLC, (Floridian) to export LNG produced at Floridian’s proposed liquefaction and storage facility in Martin County, Fla., and transported via ISO containers on trucks for ultimate export via ocean-going vessels to nations with a Free Trade Agreement (FTA) with the United States. ...
Article Casts Doubt on Market for U.S. LNG Exports
Posted on Aug 3, 2015 in LNG Exports, Markets and Competition | Comments Off on Article Casts Doubt on Market for U.S. LNG Exports
An article in the Journal of Energy Security questions whether, due to the drop in oil-linked LNG prices in Asian markets, demand for U.S. LNG supplies will exist in those markets once the supplies come on line. The article suggests Caribbean and Central American nations and U.S. vehicle fuel markets may be a better alternative for U.S. natural gas supplies. ...
Judge Recommends Dismissal of Oregon LNG’s Suit Regarding Army Corp of Engineers’ Easement
Posted on Aug 3, 2015 in Environmental, Liquefaction, Litigation, LNG Exports | Comments Off on Judge Recommends Dismissal of Oregon LNG’s Suit Regarding Army Corp of Engineers’ Easement
A magistrate judge at the U.S. District Court of Oregon has recommended granting the U.S. Army Corps of Engineers’ (ACE) motion to dismiss Oregon LNG’s suit seeking a declaration that ACE’s easement rights over land Oregon LNG wants to use to build its LNG import/export terminal near Warrenton, Ore. is invalid. The judge found that the suit was filed after the expiration of the...