DOE Grants Cameron LNG Authority to Export Additional Non-FTA Volumes
Posted on Mar 18, 2016 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on DOE Grants Cameron LNG Authority to Export Additional Non-FTA Volumes
Today, the U.S. Department of Energy issued a Final Opinion and Order authorizing Cameron LNG to export an additional 152 Bcf/year of LNG over 20 years from its export terminal under construction in Cameron Parish, La. to nations without a Free Trade Agreement (non-FTA) with the United States. Cameron LNG is now authorized to export a total of 772 Bcf (14.95 million metric tons)/year...
Repsol’s Canaport LNG Terminal Conversion to Exports Put on Hold
Posted on Mar 17, 2016 in Canada & Mexico, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Repsol’s Canaport LNG Terminal Conversion to Exports Put on Hold
CBC News reports that Repsol has put on hold its proposal to convert the Canaport LNG import terminal in New Brunswick, Canada into an export terminal. The company attributed the decision to its inability to find outside investors and current market conditions, which make the conversion uneconomical. ...
Veresen Responds to FERC Order Denying Jordan Cove Energy Project’s LNG Terminal Application
Posted on Mar 14, 2016 in Uncategorized | Comments Off on Veresen Responds to FERC Order Denying Jordan Cove Energy Project’s LNG Terminal Application
Veresen Inc., sponsor of the proposed Jordan Cove Energy Project LNG export terminal at Coos Bay, Ore, released a statement in response to FERC’s order issued Friday, which rejected the application to construct the terminal and interconnected pipeline. Dan Althoff, President and CEO of Veresen, said “Clearly, we are extremely surprised and disappointed by the FERC decision … FERC...
FERC Denies Jordan Cove Energy Project’s Application to Construct LNG Export Terminal
Posted on Mar 11, 2016 in Federal Regulation, Liquefaction, LNG Exports, Markets and Competition | Comments Off on FERC Denies Jordan Cove Energy Project’s Application to Construct LNG Export Terminal
Today, FERC issued an order denying Jordan Cove Energy Project’s application to construct an LNG export terminal at Coos Bay, Ore. and Pacific Connector Gas Pipeline’s application to construct an interconnected pipeline. Regarding the interconnected pipeline, FERC found that “Pacific Connector has presented little or no evidence of need” for the pipeline, stating that “Pacific...
Veresen Still Looking for First Customer for Jordan Cove LNG Export Terminal
Posted on Mar 11, 2016 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Veresen Still Looking for First Customer for Jordan Cove LNG Export Terminal
Financial Post reports that executives from Veresen Inc., sponsor of the proposed Jordan Cove Energy Project LNG export terminal at Coos Bay, Ore., recently stated that the company is still looking to sign up its first customer for the LNG supplies to be produced and exported at the...