DOE Releases 2018 LNG Export Study
Posted on Jun 13, 2018 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on DOE Releases 2018 LNG Export Study
Yesterday, the U.S. Department of Energy (DOE) published a notice requesting public comment on a new study entitled Macroeconomic Outcomes of Market Determined Levels of U.S. LNG Exports (Study). According to the notice, DOE commissioned the Study to inform DOE’s Office of Fossil Energy’s decisions on applications seeking authorization to export domestically produced LNG from the...
CCL Requests Authorization to Commission Train 1
Posted on Jun 12, 2018 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on CCL Requests Authorization to Commission Train 1
Corpus Christi Liquefaction (CCL) has filed a request with FERC for authorization to introduce fuel gas to commission Train 1 at its liquefaction and LNG export terminal under construction at Corpus Christi,...
Cove Point LNG Terminal to Undergo Brief Maintenance Shut Down
Posted on Jun 6, 2018 in Liquefaction, LNG Exports | Comments Off on Cove Point LNG Terminal to Undergo Brief Maintenance Shut Down
Reuters reports that Dominion Energy’s (Dominion) Cove Point LNG production and export terminal at Lusby, Md., will undergo a brief shut down for maintenance this coming Fall, possibly for only a few weeks. According to Dominion’s Chief Executive Officer Thomas Farrell, the Cove Point facility, with a nameplate annual capacity of 5.25 million tonnes of LNG, has been at full production...
LNG Limited Raises A$28.2 Million For Magnolia LNG Offtake Marketing Efforts
Posted on Jun 5, 2018 in Financing, Liquefaction, LNG Exports | Comments Off on LNG Limited Raises A$28.2 Million For Magnolia LNG Offtake Marketing Efforts
Australian company Liquefied Natural Gas Limited (LNGL) has announced that it has entered into a binding subscription agreement with IDG Energy Investment Group Limited for a Share Placement which will raise gross proceeds of A$28.2 million. According to the press release, following the close of the Share Placement, IDG Energy Investment will hold a 9.9% interest in LNGL. Net proceeds...
Petronas Buys 25% Share of LNG Canada Project
Posted on May 31, 2018 in Canada & Mexico, Financing, Liquefaction, LNG Exports | Comments Off on Petronas Buys 25% Share of LNG Canada Project
LNG Canada has announced that Malaysia’s state-owned oil and gas company Petronas, through its wholly-owned entity, the North Montney LNG Limited Partnership, is buying a 25% share in LNG Canada’s proposed LNG export project at Kitimat, British Columbia. Once the deal is completed, LNG Canada’s ownership interests will be Shell at 40%, Petronas at 25%, PetroChina at 15%, Diamond LNG...
Cheniere Energy Makes Positive FID for Corpus Christi Train 3
Posted on May 25, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Cheniere Energy Makes Positive FID for Corpus Christi Train 3
Cheniere Energy, Inc. (Cheniere) has announced that its Board of Directors has made a positive Final Investment Decision (FID) for Train 3 at Cheniere’s Corpus Christi liquefaction project under construction in Corpus Christi, Texas. According to the press release, this represents the first FID on new liquefaction capacity in the United States since 2015. Cheniere Corpus Christi...