Lake Charles LNG Requests Extension of Construction Commencement Date
Posted on Apr 13, 2018
In its monthly status report to FERC, Lake Charles LNG stated that on February 2, 2018, it requested from the Louisiana Department of Environmental Quality an additional 18-month extension of the deadline to commence construction of its proposed terminal at Lake Charles, La. The company requested a new deadline of November 1, 2019. The request is currently pending approval.
Continue Reading
Cove Point LNG Facility Enters Commercial Service
Posted on Apr 13, 2018
Dominion Energy has announced that its Cove Point LNG terminal (DECP) in Lusby, Md., has entered commercial service for natural gas liquefaction and export. According to the press release, after completing a planned maintenance outage, the facility has been ramping up to full production of LNG from natural gas provided by its export customers since late March. DECP will produce LNG for ST Cove Point, a joint venture between Sumitomo Corporation and Tokyo Gas, and for Gail Global (USA) LNG, the U.S. affiliate of GAIL (India) LTD, under 20-year take-or-pay contracts. The United States now has...
Continue Reading
Exelon Generation to Acquire Everett LNG Import Terminal
Posted on Apr 4, 2018
Exelon Generation announced an agreement to purchase ENGIE North America’s Everett Marine Terminal, also known as the Distrigas Terminal, an LNG import terminal located in Boston, Mass. According to the press release, the purchase is meant to ensure the continued reliable supply of fuel to Exelon Generations’ Mystic Units 8 and 9 while they remain operating. Transaction closure is dependent upon regulatory review by the U.S. Department of Energy for LNG import authorization and, as necessary, authorization from the U.S. Department of Justice. The transaction is expected to close in the...
Continue Reading
Bank of China and Goldman Sachs to Help Raise Funds for Alaska LNG Project
Posted on Apr 2, 2018
Last week, the Alaska Gasline Development Corporation (AGDC) announced that it has engaged Bank of China Limited (Bank of China) and Goldman Sachs & Co. LLC (Goldman Sachs) to serve as lead global capital coordinators for AGDC’s Alaska LNG project. Bank of China and Goldman Sachs will assist AGDC with raising equity and debt financing for the continued development of the Alaska LNG project, which consists primarily of a liquefaction and LNG export terminal facility and an 800-mile pipeline to access Alaskan North Slope gas supplies....
Continue Reading
Freeport LNG Files for DOE Export Authorization for Train 4 Project
Posted on Mar 19, 2018
Freeport LNG Expansion, L.P. and FLNG Liquefaction 4, LLC (Applicants) have filed an application with the U.S. Department of Energy (DOE) for authorization to export 262.8 Bcf of LNG over 20 years to countries with and without a Free Trade Agreement with the United States in connection with the proposed Train 4 Project. Applicants propose to export LNG from the Train 4 Project, to be located at the Freeport LNG Liquefaction Project under construction on Quintana Island, Texas....
Continue Reading
FERC Sets Schedule for Environmental Review of Alaska LNG Project
Posted on Mar 19, 2018
FERC has issued its schedule for the environmental review of the proposed Alaska LNG project, which consists of an 800-mile pipeline, a liquefaction facility, and an LNG export terminal, among other things. FERC plans to issue a draft environmental impact statement (EIS) in March 2019 and a final EIS on December 9, 2019. Other federal agencies having jurisdiction over the project will have until March 8, 2020 to complete their review. ...
Continue Reading
Fourchon LNG Receives DOE Export Authorization
Posted on Mar 19, 2018
The U.S. Department of Energy (DOE) has issued an order authorizing Fourchon LNG LLC (Fourchon LNG) to export up to 260 Bcf/yr of LNG (0.71 Bcf/day) by vessel from its proposed liquefaction facility to be located on Port Fourchon at Belle Pass in Lafourche Parish, La. Fourchon LNG is authorized to export the LNG over a 30-year period to Free Trade Agreement (FTA) nations and over a 20-year period to non-FTA nations. ...
Continue Reading