Official Says DOE Will Act on LNG Export Applications in “Not-Too-Distant Future”
Posted on Oct 11, 2011 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on Official Says DOE Will Act on LNG Export Applications in “Not-Too-Distant Future”
Speaking to an industry conference in Washington, D.C., Platts LNG Daily [subscription required] Department of Energy (DOE) Deputy Assistant Secretary Christopher Smith said that he expects his office to issue decisions on two LNG export applications “in the not-too-distant future.” Separately, AOL Energy reports that Deputy Assistant Secretary Smith said that his office...
Dominion CEO Discusses Cove Point LNG Export Proposal
Posted on Oct 10, 2011 in LNG Exports, Markets and Competition | Comments Off on Dominion CEO Discusses Cove Point LNG Export Proposal
Thomas Farrell II, CEO of Dominion Resources Inc., said that his company’s proposal to add liquefaction export capacity at the Cove Point LNG facility will encourage development of U.S. shale natural gas resources, particularly in the Marcellus and Utica shale regions. Farrell noted that “[i]t is in our nation’s best interests to develop our natural resources...
Cheniere Energy Raises Projected Cost for Long-Term LNG Processing Capacity at Sabine Pass LNG Terminal
Posted on Oct 7, 2011 in LNG Exports, Markets and Competition, Regas Terminals & Capacity | Comments Off on Cheniere Energy Raises Projected Cost for Long-Term LNG Processing Capacity at Sabine Pass LNG Terminal
Cheniere Energy CEO Charif Souki told Platts LNG Daily [subscription required] yesterday that he expects long-term customers at the Sabine Pass LNG terminal will be charged between $2 and $3 per MMBtu of natural gas processing. Souki noted that construction costs for the company’s planned LNG liquefaction project have not increased, but the company has found a stronger market for its...
Oregon Attorney General Uneasy with Jordan Cove LNG Export Proposal
Posted on Oct 7, 2011 in LNG Exports, Markets and Competition, State and Local Issues | Comments Off on Oregon Attorney General Uneasy with Jordan Cove LNG Export Proposal
Oregon Attorney General John Kroger said yesterday that he is concerned with the possible economic and environmental effects of the proposed Jordan Cove LNG export project. The Coos Bay World offers additional...
Dominion Cove Point Says Proposed LNG Exports Would Have Minor Impact on U.S. Natural Gas Prices
Posted on Oct 6, 2011 in Federal Regulation, LNG Exports, Markets and Competition | Comments Off on Dominion Cove Point Says Proposed LNG Exports Would Have Minor Impact on U.S. Natural Gas Prices
Platts reports that Dominion Cove Point predicts a minor impact on domestic natural gas prices if the U.S. Department of Energy grants the company’s request to export gas as LNG. Dominion Cove Point’s application to export LNG to non-free trade agreement countries is available now from the Department of Energy’s Office of Fossil...
Qatargas Official Tells Conference U.S. Gulf Coast Could Direct Future LNG Exports to South America
Posted on Oct 4, 2011 in LNG Exports, Markets and Competition | Comments Off on Qatargas Official Tells Conference U.S. Gulf Coast Could Direct Future LNG Exports to South America
Ed Ridzwan of Qatargas told an industry conference in Washington, D.C., yesterday that given the relative proximity of U.S. LNG terminals along the Gulf Coast to natural gas consuming markets in Central and South America, these U.S. LNG facilities could become key export points for LNG. According to Platts LNG Daily, Ridzwan also noted that Qatargas has no plans to begin exporting U.S....