Ninth Circuit Vacates FERC’s Authorization of Bradwood Landing LNG Project
Posted on Mar 3, 2011 in Federal Regulation, Financing, Litigation, Regas Terminals & Capacity, State and Local Issues | Comments Off on Ninth Circuit Vacates FERC’s Authorization of Bradwood Landing LNG Project
In a decision released yesterday, the U.S. Court of Appeals for the Ninth Circuit vacated FERC’s September 18, 2008, order approving the Bradwood Landing LNG import terminal and its associated natural gas pipeline infrastructure. Agreeing that the Bradwood Landing LNG terminal and its associated pipeline “essentially constitute a single project that will go forward...
Analysis: Cheniere Energy Partners Presents Risks to Shareholders
Posted on Feb 18, 2011 in Financing, LNG Exports | Comments Off on Analysis: Cheniere Energy Partners Presents Risks to Shareholders
An analysis in today’s Wall Street Journal [subscription required] examines the risks associated with Cheniere Energy Partners, the owner of the Sabine Pass LNG facility. The piece notes that despite ongoing negotiations with potential customers for LNG liquefaction capacity, construction costs combined with existing debt could limit financial benefits to...
European LNG Headlines
Posted on Feb 11, 2011 in Financing, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Estonian PM: Baltics Can Afford Just One LNG Terminal (Baltic Business News) Baku Interested in Building LNG Terminal in Lithuania (Oil & Gas Eurasia)
CEO: Promigas Committed to Jamaican LNG Project
Posted on Feb 9, 2011 in Financing, Regas Terminals & Capacity | Comments Off on CEO: Promigas Committed to Jamaican LNG Project
Antonio Celia Martinez-Aparicio, chief executive of Promigas, said yesterday that his company remains “willing and eager to participate in the Jamaica LNG project… in conjunction with our consortium partners.” Martinez-Aparicio’s statement comes following an announcement that AEI plans to sell its stake in Promigas. Read more in the Jamaica...
Kitimat LNG Backers Secure Controlling Interest In Pacific Trail Gas Pipeline
Posted on Feb 8, 2011 in Canada & Mexico, Financing, LNG Exports, Pipelines | Comments Off on Kitimat LNG Backers Secure Controlling Interest In Pacific Trail Gas Pipeline
CTV reports that Apache Canada Ltd. and EOG Resources Canada Inc. will purchase 50 percent of the Pacific Trail natural gas pipeline project for $50 million. As envisioned, the pipeline would transport gas 463 kilometers from northeastern British Columbia to the planned Kitimat LNG export facility on the Pacific...
Developer to Sell Liberty LNG Deepwater Port Project
Posted on Jan 31, 2011 in Financing, Markets and Competition, Regas Terminals & Capacity | Comments Off on Developer to Sell Liberty LNG Deepwater Port Project
Sonde Resources Corp., successor company to Canadian Superior, has announced a letter of intent to sell its Liberty LNG deepwater port project to an unidentified large investment company for $7.32 million plus $17.5 million once the project commences operations or the project changes hands again. Read more in the Calgary...