Industry Report: Total Concerned With Possibility that Sabine Pass LNG Export Permit Could Be Rescinded
Posted on Dec 21, 2011 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on Industry Report: Total Concerned With Possibility that Sabine Pass LNG Export Permit Could Be Rescinded
A report in “Poten & Partners – LNG in World Markets” suggests that Total remains interested in an LNG export deal with Cheniere Energy at the Sabine Pass terminal, but that the French company is concerned about contractual provisions that would require Total to pay a fixed charge for two years following declaration of force majeure. According Platts LNG Daily...
Cheniere to Develop Corpus Christi Site as an LNG Export Project
Posted on Dec 16, 2011 in LNG Exports, Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere to Develop Corpus Christi Site as an LNG Export Project
Cheniere Energy announced this morning that it will develop a site in Corpus Christi, Texas, as an LNG liquefaction and export facility. The company previously planned the Corpus Christi LNG project for the site, but now hopes to use the site to export natural gas from the nearby Eagle Ford shale play as...
ConocoPhillips to Restart Kenai LNG Exports
Posted on Dec 16, 2011 in E&P, Liquefaction, Markets and Competition | Comments Off on ConocoPhillips to Restart Kenai LNG Exports
A spokesperson for ConocoPhillips told Reuters yesterday that the company plans to restart LNG liquefaction and export operations at the Kenai LNG facility next year. New natural gas production in the Cook Inlet is set to come on stream this month and LNG exports to customers in Asia will begin the second half of...
Consultancy Examines Potential Effects of U.S. LNG Exports on Domestic Gas Prices
Posted on Dec 16, 2011 in LNG Exports, Markets and Competition | Comments Off on Consultancy Examines Potential Effects of U.S. LNG Exports on Domestic Gas Prices
Deloitte MarketPoint released a study yesterday analyzing the potential effects of U.S. LNG exports on domestic gas prices. The study concludes that exports from three LNG facilities in the U.S. Gulf of Mexico region could raise the average nationwide natural gas price by $0.10 per MMBtu from 2016 to 2035. The Houston Chronicle provides further...
Cheniere: Negotiations Ongoing for Sabine Pass LNG Train 3 Liquefaction Capacity
Posted on Dec 13, 2011 in LNG Exports, Markets and Competition | Comments Off on Cheniere: Negotiations Ongoing for Sabine Pass LNG Train 3 Liquefaction Capacity
A spokesperson for Cheniere Energy told Platts LNG Daily [subscription required] that his company is in negotiation for contracts for liquefaction and export capacity for the planned Train 3 at the Sabine Pass LNG...
Cheniere Signs LNG Export Deal with GAIL
Posted on Dec 12, 2011 in LNG Exports, Markets and Competition | Comments Off on Cheniere Signs LNG Export Deal with GAIL
Cheniere Energy Partners, L.P. and GAIL (India) Limited., an Indian energy firm, have executed a long-term LNG export sale and purchase agreement. Under the terms of the arrangement, initially Cheniere will sell 0.2 million tons of LNG per year to GAIL from Train 2, and when Train 4 begins operations, Cheniere will sell an estimated 3.5 million tons of LNG per year at the Sabine Pass...