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Tag Archives: lng

Final revised procedures for LNG export decisions

Conor O’Sullivan | Breaking Energy The DOE will act on LNG export applications involving non-FTA countries only after completing the National Environmental Policy Act review and halt its practice of issuing conditional authorizations. On August 15, 2014, the Department of Energy’s (DOE) Office of Fossil Energy published final revised procedures for liquefied natural gas (LNG) export decisions involving non-Free Trade ...

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Hawaii needs natural gas

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Shane Thielges | Shale Plays Media While U.S. gas producers are forced to wait for the rumored expansion of liquid natural gas (LNG) export restrictions, they may find a potential overseas market closer – metaphorically speaking – to home. A Time Magazine article reports that Hawaii is looking to adopt natural gas as a power source to drive the island’s electricity ...

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Texas terminal granted permission to export LNG

Zachary Toliver | Shale Plays Media A Freeport, Texas natural gas terminal has received permission from the Federal Energy Regulatory Commission to begin exporting liquefied natural gas (LNG). The Freeport LNG site was initially a natural gas import terminal in 2005. But as one would assume, the recent years of natural gas excess have made the necessity for imported essentially ...

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Texas and Louisiana contend for $4.5 billion methanol facility

Marissa Hall | Shale Plays Media Texas City, Texas and Donaldsonville, Louisiana are being considered for a new $4.5 billion methanol manufacturing and exporting facility. Rhiannon Meyers for Fuelfix reports: A Chinese company last week agreed to lease 900 acres of land at Shoal Point, a former dredge spoils site with prime waterfront acreage south of the Texas City Dike, ...

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LNG export facility heading to Brownsville, Texas

Zachary Toliver | Shale Plays Media Exelon Corp (EXC) has just bought a Gulf Coast Liquid Natural Gas plant that is slated to export natural gas produced from the shale boom. According to Bloomberg news, the company bought a 96 percent stake in Annova LNG, a startup in the early stages of building a $1.3 billion LNG export terminal in ...

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Commercial LNG tankers cruise by 50 years

Marissa Hall | Shale Plays Media With all the crazy news about Obama’s regulations to reduce emissions by 30% before 2030, there is an overwhelming push to transition from coal to liquefied natural gas (LNG). It’s a busy time in the LNG business, but I bet you didn’t know that LNG tankers have been running for 50 years already. The ...

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BP to sign $20 billion LNG supply deal with China’s CNOOC

By Vladimir Soldatkin (Reuters) – BP (BP.L) will sign a deal worth around $20 billion on Tuesday to supply China National Offshore Oil Corporation (CNOOC) with liquefied natural gas (LNG), Chief Executive Bob Dudley said at a conference in Moscow. “It is a 20-year supply agreement on LNG. It is a fair price for them and a fair price for us. It is a ...

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LNG price must be higher for Haynesville

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Marissa Hall | Shale Plays Media With the outlook for natural gas demand looking up, many believe that there will be renewed interest in the Haynesville Shale in the future. According to Patrick Rau, director of strategy and research for Natural Gas Intelligence (NGI), prices for liquefied natural gas (LNG) will need to be higher to make the shale play ...

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How will China meet its growing gas demand?

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Shane Thielges | Shale Plays Media China is preparing actions to radically alter the face of its energy market over the course of the next several years. An article from Industrial Minerals examines the approaching hike in Chinese natural gas demand and speculates on what course the Eastern superpower will take to meet it. A report recently released by the ...

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Planned La. taxes may affect Houston-based companies

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Marissa Hall | Shale Plays Media According to an article by Jordan Blum for the Houston Business Journal, tax plans in Louisiana may have a negative impact on Houston-based energy companies. After an underground salt cavern was exposed by a sinkhole in 2012, energy companies took to storing liquefied natural gas (LNG) and other petroleum based fluids in such underground ...

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