Alaska Governor Orders Review of Alaska LNG Project Documents
Posted on Apr 9, 2015 in LNG Exports, Markets and Competition, State and Local Issues | Comments Off on Alaska Governor Orders Review of Alaska LNG Project Documents
The Alaska Journal of Commerce reports that Alaska Governor Walker has ordered a 45-day period to review documents related to the state’s participation in the producer-sponsored Alaska LNG export terminal and pipeline project. The Governor’s action has caused some concern due to potential delays for the large project and due to the state’s support for the Alaska Standalone Gas...
Shell – BG Group Merger Could Signal Demise of Prince Rupert LNG Project
Posted on Apr 9, 2015 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Shell – BG Group Merger Could Signal Demise of Prince Rupert LNG Project
The recent announcement of Royal Dutch Shell PLC’s (Shell) C$88 billion ($70 billion) deal to buy BG Group PLC (BG Group) could mean the end of BG Group’s proposed Prince Rupert LNG export terminal project in British Columbia (B.C.). Shell affiliate, Shell Canada, is the primary sponsor of LNG Canada’s proposed LNG export terminal project at Kitimat, B.C., which project is reported to...
Moody’s Predicts Cancellation of Most Proposed U.S. LNG Export Terminal Projects Due to Low LNG Prices
Posted on Apr 7, 2015 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Moody’s Predicts Cancellation of Most Proposed U.S. LNG Export Terminal Projects Due to Low LNG Prices
Moody’s Investor Service has released a new report “Lower Oil Prices Cause Suppliers of Liquefied Natural Gas to Nix Projects,” which predicts that low LNG prices will result in the cancellation of most of the gas liquefaction and export terminal projects currently proposed in the United States and Canada. The report also predicts that such projects “already under...
Delfin LNG Signs MOU with BTG Pactual Commodities
Posted on Mar 6, 2015 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Delfin LNG Signs MOU with BTG Pactual Commodities
Delfin LNG LLC announced the signing of a memorandum of understanding (MOU) with BTG Pactual Commodities (BTG) regarding the tolling of all of the liquefaction capacity for the first floating liquefaction vessel to be deployed at Delfin’s proposed LNG Deepwater Port Project, offshore Louisiana. According to the press release, the MOU includes an option for BTG to expand its tolling...
Delfin LNG Signs MOU with Lithuanian Energy Company and Joint Development Agreement with Höegh LNG
Posted on Feb 27, 2015 in LNG Exports, Markets and Competition | Comments Off on Delfin LNG Signs MOU with Lithuanian Energy Company and Joint Development Agreement with Höegh LNG
Delfin LNG LLC (Delfin) announced today that it has signed a memorandum of understanding (MOU) with natural gas supply and trading company LITGAS, which is part of the Lithuanian state-controlled Lietuvos Energija energy company group. Under the terms of the MOU, LITGAS intends to contract processing capacity at Delfin’s LNG export deepwater port in the Gulf of Mexico, off the...
E.ON Global Commodities Enters Into Pipeline and Shipping Agreements Related to Freeport LNG Terminal
Posted on Feb 12, 2015 in LNG Exports, Markets and Competition | Comments Off on E.ON Global Commodities Enters Into Pipeline and Shipping Agreements Related to Freeport LNG Terminal
Two E.ON Global Commodities entities announced that they have entered into agreements for pipeline capacity to serve the proposed Freeport LNG export terminal on Quintana Island, near Freeport, Texas, and for shipping capacity to export LNG from the Freeport terminal. E.ON Global Commodities North America LLC has entered into a 20-year precedent agreement for capacity on Gulf South...