Eagle LNG Partners Files FTA and Non-FTA LNG Export Application
Posted on Jan 28, 2016 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Eagle LNG Partners Files FTA and Non-FTA LNG Export Application
Eagle LNG Partners announced that it has filed an application with the U.S. Department of Energy (DOE) requesting long-term, multi-contract authorization to export up to 49.8 Bcf (approximately 1.0 million tons) of LNG/year to both free trade agreement (FTA) and non-free trade agreement (non-FTA) countries. The LNG would be exported from Eagle LNG Partners’ proposed FERC-jurisdictional...
ExxonMobil Outlines Pluses and Minuses of Alaska LNG Project
Posted on Jan 28, 2016 in Liquefaction, LNG Exports, Pipelines, State and Local Issues | Comments Off on ExxonMobil Outlines Pluses and Minuses of Alaska LNG Project
The Alaska Journal of Commerce reports that ExxonMobil, co-sponsor of the Alaska LNG project, recently gave a presentation to the Alaska legislature outlining the pluses and minuses of the project, of which the State of Alaska is a 25% partner. Pluses include existing gas production infrastructure on Alaska’s North Slope, close proximity to Asian markets, and experienced regulators at...
Sabine Pass LNG Trains 1 and 2 “Substantial Completion” Dates Pushed Back Two Months
Posted on Jan 26, 2016 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Sabine Pass LNG Trains 1 and 2 “Substantial Completion” Dates Pushed Back Two Months
Sabine Pass LNG has filed a report with FERC on the status of construction of its LNG export terminal in Sabine Pass, La., through December 2015. The report states that “actual project progress supports the achievement of substantial completion for Trains 1 and 2 by May 2016 and August 2016, respectively.” These dates are two months later than predicted in Sabine Pass LNG’s report...
Cheniere Seeks to Refinance LNG Import Terminal
Posted on Jan 26, 2016 in Financing, Liquefaction, LNG Exports, Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere Seeks to Refinance LNG Import Terminal
Bloomberg reports that Cheniere Energy is seeking to refinance $2.1 billion it owes on its Sabine Pass LNG import terminal facilities in Cameron Parish, La. The import terminal came on-line in 2008-2009, just as American shale gas supplies entering the U.S. gas market caused gas prices to drop to a 16-year low of $1.68/MMBtu. According to the report, the Sabine Pass LNG terminal has...
EPA Recommends FERC Revise its Guidance to LNG Project Applicants to Address Increased Gas Production and Climate Change
Posted on Jan 21, 2016 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on EPA Recommends FERC Revise its Guidance to LNG Project Applicants to Address Increased Gas Production and Climate Change
In comments submitted to FERC regarding FERC’s review of its Guidance Manual for environmental reports prepared for Natural Gas Act applicants, the U.S. Environmental Protection Agency recommends that the Guidance Manual request LNG export project applicants (1) to provide information regarding the potential for increased natural gas production and the related environmental impacts due...