Alaska Legislature Approves State Buyout of TransCanada’s Share of the Alaska LNG Project
Posted on Nov 5, 2015 in Liquefaction, LNG Exports, Markets and Competition, Pipelines, State and Local Issues | Comments Off on Alaska Legislature Approves State Buyout of TransCanada’s Share of the Alaska LNG Project
The Alaska Journal of Commerce reports that the Alaska legislature has approved the state’s buyout of TransCanada’s share of the proposed Alaska LNG Project (AKLNG), consisting of an 800 mile pipeline to access North Slope gas supplies and a liquefaction and LNG export terminal at Nikiski. Currently, TransCanada owns 25% of the gas treatment plant and 25% of the pipeline portion of...
NextDecade Announces Heads of Agreements with Asian and European Customers
Posted on Nov 5, 2015 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on NextDecade Announces Heads of Agreements with Asian and European Customers
NextDecade LLC announced that it has signed Heads of Agreements (HOAs) with unspecified Asian and European customers for the sale and purchase of a total of 14 million tons of LNG/year. NextDecade is the sponsor of the proposed Rio Grande LNG liquefaction and export terminal in Brownsville, Texas, and the proposed Pelican Island LNG liquefaction and export terminal in Galveston,...
Hawaii Gas to Choose LNG Terminal Developer by the End of the Year
Posted on Nov 3, 2015 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Hawaii Gas to Choose LNG Terminal Developer by the End of the Year
Pacific Business News reports that Macquarie Infrastructure Company indicated in its third quarter earnings report that its subsidiary Hawaii Gas plans to award a contract by the end of 2015 for the development of an offshore floating LNG storage facility to supply various end users on the islands. The article indicates that Hawaii Gas expects to begin LNG shipments at the beginning...
TransCanada Calls Alaska LNG Project No Longer Commercially Reasonable
Posted on Nov 2, 2015 in Liquefaction, LNG Exports, Pipelines, State and Local Issues | Comments Off on TransCanada Calls Alaska LNG Project No Longer Commercially Reasonable
KTUU reports that TransCanada representative Vincent Lee told Alaska state legislators last week that his company supports Alaska’s buyout of TransCanada’s share of the Alaska LNG Project because the project “is no longer commercially reasonable” as currently structured. The legislature has been meeting to discuss the state’s possible buyout of TransCanada in the Alaska LNG Project,...
FERC Responds to Questions on LNG Terminal Land Rights
Posted on Nov 2, 2015 in Federal Regulation, Liquefaction, LNG Exports, State and Local Issues | Comments Off on FERC Responds to Questions on LNG Terminal Land Rights
FERC has released a letter from Chairman Norman Bay in response to questions posed by Oregon Congresswoman Suzanne Bonamici and Oregon Senators Ron Wyden and Jeff Merkly regarding the land rights dispute over the proposed the Oregon LNG project site in Warrenton, Ore. The letter asserts, among other things, that: – Holders of Section 3 authorizations for LNG facilities do not...