Tohoku Electric Power to Buy Cameron LNG Supplies
Posted on May 20, 2014 in LNG Exports, Markets and Competition | Comments Off on Tohoku Electric Power to Buy Cameron LNG Supplies
Law360 reports that Japan’s Tohoku Electric Power Company (Tohoku) has signed an agreement with GDF Suez to purchase 270,000 metric tons of LNG per year over 20 years from the proposed Cameron LNG export terminal near Hackberry, La. Tohoku also recently entered into an LNG purchase agreement with Mitsubishi for additional Cameron LNG...
Sinopec to Acquire 15% Share of Petronas’s Proposed B.C. LNG Export Terminal
Posted on Apr 29, 2014 in Canada & Mexico, LNG Exports, Markets and Competition | Comments Off on Sinopec to Acquire 15% Share of Petronas’s Proposed B.C. LNG Export Terminal
Malaysian national oil company, Petroliam Nasional Berhad (Petronas), announced today that it and its subsidiaries Progress Energy Canada Ltd. and Pacific NorthWest LNG Ltd. (PNW LNG) have signed agreements with China Petrochemical Corporation (Sinopec) where Sinopec, through its affiliates, will acquire a 15% interest in Progress Energy’s LNG-destined gas reserves in northeast British...
Tohoku Electric Power to Purchase Cameron LNG Supplies at Henry Hub Linked Prices
Posted on Apr 24, 2014 in Federal Regulation, Markets and Competition | Comments Off on Tohoku Electric Power to Purchase Cameron LNG Supplies at Henry Hub Linked Prices
Reuters reports that Japan’s Tohoku Electric Power Company has signed an agreement with a Mitsubishi affiliate to purchase 300,000 tonnes of LNG per year over a 16-year period from the proposed Cameron LNG export terminal project near Hackberry, La. at Henry Hub natural gas-linked...
Excelerate Energy and PREPA Sign Definitive Agreements for the Aguirre Offshore GasPort Project
Posted on Apr 8, 2014 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Excelerate Energy and PREPA Sign Definitive Agreements for the Aguirre Offshore GasPort Project
Globe Newswire reports that Excelerate Energy and the Puerto Rico Electric Power Authority (PREPA) have executed definitive agreements for the procurement, construction and operation of the Aguirre Offshore GasPort terminal, proposed for the south coast of Puerto Rico. According to the press release, the agreements include the provision of one of Excelerate’s floating storage...
Cheniere Signs Deal with Endesa Generacion for Corpus Christi LNG Supplies at Henry Hub-Linked Prices
Posted on Apr 2, 2014 in LNG Exports, Markets and Competition | Comments Off on Cheniere Signs Deal with Endesa Generacion for Corpus Christi LNG Supplies at Henry Hub-Linked Prices
Cheniere Energy, Inc. subsidiary Corpus Christi Liquefaction, LLC (CCL) has entered into an LNG sale and purchase agreement (SPA) with Spanish company Endesa Generacion, S.A. (Endesa) under which Endesa will purchase 1.5 million tonnes of LNG per year over a 20-year period from the proposed CCL export terminal near Corpus Christi, Texas. According to the press release, a final...
Kansai Electric to Buy Cameron LNG Supplies at Henry Hub-Linked Prices
Posted on Apr 1, 2014 in LNG Exports, Markets and Competition | Comments Off on Kansai Electric to Buy Cameron LNG Supplies at Henry Hub-Linked Prices
Reuters reports that Japan’s Kansai Electric Power Co. has entered into an agreement to purchase 400,000 tonnes of LNG per year from Mitsui & Co. over a 20-year period from the Cameron LNG terminal at Henry Hub-linked prices, starting in late...