LNG Export Terminal Possible for Galveston
Posted on Sep 24, 2014 in LNG Exports, Markets and Competition, State and Local Issues | Comments Off on LNG Export Terminal Possible for Galveston
Petro Global News reports that officials from the Port of Galveston, Texas agreed Monday to reserve 185 acres at the port’s Pelican Island site for a proposed $6 billion LNG export facility being planned by Texas-based NextDecade Energy (“NextDecade”). According to the report, NextDecade will pay $100,000 to hold the site for the next six months, subject to extension, while the company...
Reuters Discusses Asian Utilities’ Sales of U.S. LNG Supplies to Europe
Posted on Sep 22, 2014 in LNG Exports, Markets and Competition | Comments Off on Reuters Discusses Asian Utilities’ Sales of U.S. LNG Supplies to Europe
An article by Reuters discusses attempts by Japanese and Indian utilities to divert some of their contracted-for U.S. LNG supplies to Europe amidst the companies’ realizations that their home markets will not be able to absorb the initial influx of LNG supply. The article also notes that a recent fall in crude oil prices has made LNG supply contracts linked to Henry Hub gas prices...
Alaskan LNG Delegation Travels to Asian Nations
Posted on Sep 17, 2014 in LNG Exports, Markets and Competition, State and Local Issues | Comments Off on Alaskan LNG Delegation Travels to Asian Nations
Alaska Dispatch News reports that Alaskan state officials and executives from BP, one of the sponsors of the Alaska LNG Project, recently traveled to Japan, China and South Korea to meet with utilities and others that may be involved in purchasing LNG supplies from the project. The report states that the Alaska Department of Natural Resources and the Japanese Ministry of Economy,...
Gulf South Pipeline Signs Agreements and Holds Open Season to Supply Freeport LNG Export Terminal
Posted on Sep 12, 2014 in LNG Exports, Markets and Competition | Comments Off on Gulf South Pipeline Signs Agreements and Holds Open Season to Supply Freeport LNG Export Terminal
Gulf South Pipeline (Gulf South) announced that it has signed 20-year firm precedent agreements with foundation shippers to transport approximately 1.4 Bcf/day of natural gas to serve the first two liquefaction trains of the proposed Freeport LNG export terminal near Freeport, Texas. Gulf South is also conducting a binding open season until October 10, 2014 to solicit bids for...
FERC Dismisses Petition Regarding Jurisdiction over Mobile LNG Export Facilities
Posted on Aug 29, 2014 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on FERC Dismisses Petition Regarding Jurisdiction over Mobile LNG Export Facilities
FERC has dismissed Strom Inc.’s petition for declaratory order (PDO) requesting that FERC find Strom’s use of a mobile natural gas liquefaction unit (“LNG in a Box”) to export natural gas will not be subject to FERC’s jurisdiction under the Natural Gas Act. FERC dismissed the PDO because Strom did not pay the applicable filing fee for PDO’s. FERC’s notice can be found here, and the...
CE FLNG Provides Status Report on Proposed Floating LNG Export Terminal
Posted on Aug 29, 2014 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on CE FLNG Provides Status Report on Proposed Floating LNG Export Terminal
CE FLNG has filed with FERC an update on the status of its proposed self-propelled floating LNG export terminal on the Mississippi River near Baptiste Collette Bayou in Plaquemines Parish, La. According to the report, among other things, CE FLNG (1) is waiting for a ruling by the U.S. Customs and Border Protection on the lawfulness of CE FLNG’s proposed use of non-coastwise-qualified...