Shell Delays FID for Lake Charles LNG Export Terminal
Posted on Jul 28, 2016 in Canada & Mexico, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Shell Delays FID for Lake Charles LNG Export Terminal
Reuters reports that Shell has indefinitely delayed a final investment decision (FID) for its affiliate BG Group’s proposed Lake Charles LNG export terminal at Lake Charles, La. In February, Shell Canada, primary sponsor of LNG Canada, indefinitely postponed an FID on its proposed LNG export terminal at Kitimat, British Columbia. ...
Second Sabine Pass LNG Cargo Lands in Europe
Posted on Jul 25, 2016 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Second Sabine Pass LNG Cargo Lands in Europe
Platts [subscription required] reports that a second shipment of LNG from Cheniere Energy’s Sabine Pass LNG terminal in Cameron Parish, La. has arrived in Europe at Spain’s Murgados LNG import terminal. The first cargo landed at Portugal’s Sines terminal at the end of April. According to the report, to date, other Sabine Pass LNG cargoes have been delivered to Dubai,...
Fortis LNG Deal Terminated After HECO/NextEra Merger Denied
Posted on Jul 20, 2016 in LNG Exports, Markets and Competition | Comments Off on Fortis LNG Deal Terminated After HECO/NextEra Merger Denied
Pacific Business News reports that Hawaii Electric has terminated its contract for LNG supplies from Fortis Hawaii Energy Inc. The deal was contingent on Hawaii Public Utilities Commission approval of NextEra’s acquisition of Hawaii Electric, which was denied last week....
U.S. LNG Supplies to be First Through Expanded Panama Canal
Posted on Jul 20, 2016 in LNG Exports, Markets and Competition | Comments Off on U.S. LNG Supplies to be First Through Expanded Panama Canal
LNG World Shipping reports that the first large LNG carrier to pass through the expanded Panama Canal will be the Shell-chartered Maran Gas Apollonia carrying an LNG cargo loaded at Cheniere Energy’s Sabine Pass LNG terminal in Cameron Parish, La. The cargo is expected to pass through the canal from the Atlantic to the Pacific oceans on Monday. The destination of the cargo was not...
Court Remands BP Energy Appeal of Dominion Cove Point LNG Capacity Allocation
Posted on Jul 18, 2016 in Federal Regulation, Liquefaction, Litigation, LNG Exports, Markets and Competition | Comments Off on Court Remands BP Energy Appeal of Dominion Cove Point LNG Capacity Allocation
The U.S. Court of Appeals for the D.C. Circuit has issued an opinion remanding to FERC for further explanation how FERC’s orders, which permitted Statoil Natural Gas, but not BP Energy, to turn back certain capacity held on Dominion Cove Point LNG’s system, were not unduly discriminatory as to BP Energy under the Natural Gas Act. ...
Analysts: U.S. LNG Supplies Not Expected in Asian Markets Anytime Soon
Posted on Jul 15, 2016 in LNG Exports, Markets and Competition | Comments Off on Analysts: U.S. LNG Supplies Not Expected in Asian Markets Anytime Soon
Citibank analysts predict that with the current glut of LNG in the global market and resulting low prices, U.S. LNG supplies will not be shipped to Asia anytime soon even with the widened Panama Canal. The widened canal can now accommodate larger ships carrying LNG. “The Panama Canal expansion, inaugurated on June 26, was once expected to be a game changer for U.S. LNG exports to...