Cove Point LNG Facility Enters Commercial Service
Posted on Apr 13, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Cove Point LNG Facility Enters Commercial Service
Dominion Energy has announced that its Cove Point LNG terminal (DECP) in Lusby, Md., has entered commercial service for natural gas liquefaction and export. According to the press release, after completing a planned maintenance outage, the facility has been ramping up to full production of LNG from natural gas provided by its export customers since late March. DECP will produce LNG for...
Bank of China and Goldman Sachs to Help Raise Funds for Alaska LNG Project
Posted on Apr 2, 2018 in Financing, Liquefaction, LNG Exports, State and Local Issues | Comments Off on Bank of China and Goldman Sachs to Help Raise Funds for Alaska LNG Project
Last week, the Alaska Gasline Development Corporation (AGDC) announced that it has engaged Bank of China Limited (Bank of China) and Goldman Sachs & Co. LLC (Goldman Sachs) to serve as lead global capital coordinators for AGDC’s Alaska LNG project. Bank of China and Goldman Sachs will assist AGDC with raising equity and debt financing for the continued development of the Alaska LNG...
FERC Sets Schedule for Environmental Review of Alaska LNG Project
Posted on Mar 19, 2018 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Sets Schedule for Environmental Review of Alaska LNG Project
FERC has issued its schedule for the environmental review of the proposed Alaska LNG project, which consists of an 800-mile pipeline, a liquefaction facility, and an LNG export terminal, among other things. FERC plans to issue a draft environmental impact statement (EIS) in March 2019 and a final EIS on December 9, 2019. Other federal agencies having jurisdiction over the project...
Fourchon LNG Receives DOE Export Authorization
Posted on Mar 19, 2018 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Fourchon LNG Receives DOE Export Authorization
The U.S. Department of Energy (DOE) has issued an order authorizing Fourchon LNG LLC (Fourchon LNG) to export up to 260 Bcf/yr of LNG (0.71 Bcf/day) by vessel from its proposed liquefaction facility to be located on Port Fourchon at Belle Pass in Lafourche Parish, La. Fourchon LNG is authorized to export the LNG over a 30-year period to Free Trade Agreement (FTA) nations and over a...
Cheniere Affiliate Sabine Pass LNG to Construct Third Marine Berth
Posted on Mar 9, 2018 in Environmental, Federal Regulation, Liquefaction, LNG Exports, Vessel Transportation | Comments Off on Cheniere Affiliate Sabine Pass LNG to Construct Third Marine Berth
FERC has approved Cheniere Energy affiliate Sabine Pass LNG’s (SPL) request to begin the pre-filing environmental review process for SPL’s proposal to construct a third marine berth at SPL’s liquefaction and LNG export terminal in Cameron Parish, La. The third marine berth will be sized to accommodate 125,000 m3 to 185,000 m3 capacity vessels....
Venture Global and Shell NA LNG Double Purchase Agreement Volume
Posted on Mar 8, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Venture Global and Shell NA LNG Double Purchase Agreement Volume
Venture Global LNG announced that Venture Global Calcasieu Pass, LLC (Venture Global Calcasieu Pass), its subsidiary, has agreed with Shell NA LNG LLC (Shell) to double the volume under their existing sales and purchase agreement to two million tonnes per annum (MTPA) of LNG from Venture Global Calcasieu Pass’s LNG export facility under development in Cameron Parish, La. The press...