TransCanada Calls Alaska LNG Project No Longer Commercially Reasonable
Posted on Nov 2, 2015 in Liquefaction, LNG Exports, Pipelines, State and Local Issues | Comments Off on TransCanada Calls Alaska LNG Project No Longer Commercially Reasonable
KTUU reports that TransCanada representative Vincent Lee told Alaska state legislators last week that his company supports Alaska’s buyout of TransCanada’s share of the Alaska LNG Project because the project “is no longer commercially reasonable” as currently structured. The legislature has been meeting to discuss the state’s possible buyout of TransCanada in the Alaska LNG Project,...
FERC Responds to Questions on LNG Terminal Land Rights
Posted on Nov 2, 2015 in Federal Regulation, Liquefaction, LNG Exports, State and Local Issues | Comments Off on FERC Responds to Questions on LNG Terminal Land Rights
FERC has released a letter from Chairman Norman Bay in response to questions posed by Oregon Congresswoman Suzanne Bonamici and Oregon Senators Ron Wyden and Jeff Merkly regarding the land rights dispute over the proposed the Oregon LNG project site in Warrenton, Ore. The letter asserts, among other things, that: – Holders of Section 3 authorizations for LNG facilities do not...
Alaska Governor Walker Drops Proposed Gas Reserve Tax
Posted on Oct 27, 2015 in Liquefaction, LNG Exports, State and Local Issues | Comments Off on Alaska Governor Walker Drops Proposed Gas Reserve Tax
KTOO reports that Alaska Governor Bill Walker has dropped his proposal to tax unproduced natural gas reserves at a special legislative session called to discuss the Alaska LNG Project, a proposed 800 mile pipeline, liquefaction and LNG export terminal. Walker dropped the tax proposal after receiving assurances from Alaska LNG Project sponsors BP, ConocoPhillips and ExxonMobil, that...
Approval Recommended for Power Plant to Serve Jordan Cove LNG Project
Posted on Oct 14, 2015 in Environmental, Liquefaction, LNG Exports, State and Local Issues | Comments Off on Approval Recommended for Power Plant to Serve Jordan Cove LNG Project
The Oregon Department of Energy has issued a proposed order recommending that the Energy Facility Siting Council issue a site certificate, subject to conditions, authorizing construction and operation of the proposed South Dunes Power Plant, a 420 MW natural gas fueled electric generation facility that would provide power to the proposed Jordan Cove Energy Project LNG export terminal...
Report Assesses Cost of Alaska’s Buyout of TransCanada’s Stake in Alaska LNG Project
Posted on Oct 2, 2015 in Liquefaction, LNG Exports, Pipelines, State and Local Issues | Comments Off on Report Assesses Cost of Alaska’s Buyout of TransCanada’s Stake in Alaska LNG Project
A report by Black and Veatch estimates that the near-term cost for Alaska to buyout TransCanada Corp.’s stake in the Alaska LNG Project would be $108 million. According to an Alaska Journal of Commerce article, the report “estimates annual state revenues in the $3 billion to $5 billion range, totaling $76.7 billion over 20 years with TransCanada’s participation and $84.1 billion...
Alaska Governor Calls Special Legislative Session to Consider Alaska LNG and Gas Reserve Tax Proposals
Posted on Sep 29, 2015 in Liquefaction, LNG Exports, State and Local Issues | Comments Off on Alaska Governor Calls Special Legislative Session to Consider Alaska LNG and Gas Reserve Tax Proposals
Alaska Governor Walker has called a special legislative session for October 24 to consider Alaskan natural gas issues, including the Alaska LNG project and implementation of a new gas reserves tax on unproduced gas. The press release contains links to the Walker Administrations’ assessment of the Alaska LNG project, which identifies certain remaining issues needing resolution. ...