Total to Acquire Toshiba LNG portfolio
Posted on Jun 4, 2019 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Total to Acquire Toshiba LNG portfolio
Total announced that it has signed an agreement with Toshiba to acquire its portfolio of LNG, including a 20-year tolling agreement for 2.2 million tonnes per annum of LNG from Freeport LNG train 3 in Texas and the corresponding gas transportation agreements on the pipelines feeding the terminal. The press release states that “[u]nder the transaction, Total will acquire all the shares...
Cameron LNG Sends Out First Commissioning Cargo; Receives Extension of Time to Complete Facilities
Posted on May 31, 2019 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Cameron LNG Sends Out First Commissioning Cargo; Receives Extension of Time to Complete Facilities
Today, Cameron LNG announced that the first commissioning cargo shipment of LNG departed from its Hackberry, La., liquefaction and export facility. Commercial operations will follow completion of performance testing and receipt of FERC authorization to commence service. Cameron LNG is jointly owned by affiliates of Sempra LNG, Total, Mitsui & Co., Ltd. and Japan LNG Investment,...
FERC Grants Freeport LNG Extension to Complete Construction and Enter Service
Posted on May 31, 2019 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Grants Freeport LNG Extension to Complete Construction and Enter Service
FERC has issued a letter granting Freeport LNG an extension of time until June 30, 2020 to complete construction of its liquefaction and LNG export project facilities on Quintana Island, Texas, and make them available for...
BP and ExxonMobil to Contribute $20 million Toward FERC Approval of Alaska LNG Project
Posted on May 31, 2019 in Federal Regulation, Liquefaction, LNG Exports, State and Local Issues | Comments Off on BP and ExxonMobil to Contribute $20 million Toward FERC Approval of Alaska LNG Project
Platts reports that North Slope producers BP and ExxonMobil have agreed to contribute $10 million each to help the state of Alaska complete the FERC approval process for the proposed $41 billion Alaska LNG project. According to the report, state-owned Alaska Gasline Development Corporation needs $30 million and another year to complete the FERC approval process. The proposed Alaska LNG...
Freeport LNG Requests Extension to Complete Liquefaction Project; DOE Authorizes Train 4 Exports
Posted on May 29, 2019 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Freeport LNG Requests Extension to Complete Liquefaction Project; DOE Authorizes Train 4 Exports
Freeport LNG has filed a letter with FERC requesting an 11-month extension of time to enable Freeport LNG to complete construction of its Liquefaction Project on Quintana Island, Texas, and place it in service by no later than June 30, 2020. FERC’s July 30, 2014 order authorizing the project set a 5-year deadline, July 30, 2019, to construct the project and make it available for...