Cheniere Submits Petition for Declaratory Order on LNG Terminal Buy/Sell Arrangement
Posted on May 27, 2011 in Federal Regulation, LNG Exports, Regas Terminals & Capacity | Comments Off on Cheniere Submits Petition for Declaratory Order on LNG Terminal Buy/Sell Arrangement
Cheniere subsidiary Sabine Pass Liquefaction, LLC has submitted a Request for Declaratory Order from FERC declaring that Cheniere’s proposal to offer bi-directional LNG import and export services, including transportation on the Creole Trail interstate pipeline, at the Sabine Pass LNG facility does not violate FERC’s capacity release rules, particularly the rules prohibiting buy/sell transactions. In the alternative, should FERC not provide the requested declaratory order, the petitioner asks that FERC grant Sabine Pass Liquefaction a waiver from capacity release rules, including the ban on buy/sell transactions. The Petition is available in the FERC eLibrary under Docket No. RP11-2127.