Cheniere Receives FERC Approval for Sabine Pass LNG Export Terminal; Enlists Banks to Obtain Financing
Posted on Apr 17, 2012 in Federal Regulation, Financing, LNG Exports | Comments Off on Cheniere Receives FERC Approval for Sabine Pass LNG Export Terminal; Enlists Banks to Obtain Financing
Yesterday, FERC issued an order granting Sabine Pass LNG’s application to construct facilities to export LNG from its terminal in Cameron Parish, Louisiana. The order can be found in FERC’s eLibrary under Docket No. CP11-72. In related news, Cheniere Energy Partners announced in a press release that it has enlisted eight banks to assist in arranging financing for its...
Calais LNG Developer to Continue to Seek Financing for Project
Posted on Apr 6, 2012 in Financing, Regas Terminals & Capacity | Comments Off on Calais LNG Developer to Continue to Seek Financing for Project
Following FERC’s dismissal of the applications for the Calais LNG import terminal and associated pipeline, Ian Emery, an official with the company, said that his firm would continue to seek financing for the project. Emery told WCSH News that the company has already spent $25 million developing the Calais LNG...
FERC Dismisses Calais LNG Project Applications
Posted on Apr 5, 2012 in Federal Regulation, Financing, Regas Terminals & Capacity | Comments Off on FERC Dismisses Calais LNG Project Applications
Citing problems with project financing and securing a site for the planned LNG terminal, FERC has dismissed the applications to build the proposed Calais LNG import terminal and associated natural gas pipeline. FERC’s letter order is available in the Commission’s eLibrary under Docket No....
European LNG Headlines
Cyprus Seeks “Considerable Stake” in LNG Plant, Sylikiotis Says (Bloomberg)Gazprom Seeking U.S. LNG Project Role
Posted on Mar 23, 2012 in Financing, LNG Exports | Comments Off on Gazprom Seeking U.S. LNG Project Role
RBC reported yesterday that Gazprom Global LNG is looking to invest in an undisclosed U.S. LNG project. A Gazprom official stated that the company hopes to export 25% of the annual global LNG trade by...
Industry Analyst Notes Challenges Facing Potential U.S. LNG Export Projects
Posted on Mar 7, 2012 in Federal Regulation, Financing, LNG Exports | Comments Off on Industry Analyst Notes Challenges Facing Potential U.S. LNG Export Projects
Leonard Crook, a vice president with ICF International, told World Gas Intelligence [subscription required] that the U.S. LNG export projects face a number of challenges. One challenge Crook highlighted is the U.S. Department of Energy’s authority to revoke an LNG export permit as an obstacle to project financing liquefaction...