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Coast Guard Gives Opinion on Cameron LNG Export

Changes proposed by Sempra LNG unit Cameron LNG LLC to its liquefied natural gas terminal in Cameron Parish, LA, to allow for the export of LNG do not meet the threshold to be considered “new construction,” according to U.S. Coast Guard Captain J.J. Plunkett, captain of the port for Port Arthur, TX.

August 24, 2010

Encana Reports Stronger-than-Expected Onshore Output

Encana Corp. said Wednesday better-than-expected results in North American onshore natural gas plays will allow it to bump up 2010 production guidance by 65 MMcfe/d and increase capital spending by $500 million.

July 22, 2010

Alabama Governor Mulls Proposed Deepwater LNG Terminal

Alabama Gov. Robert Riley has been granted an extension until Sept. 14 to decide whether to allow a proposed deepwater liquefied natural gas (LNG) terminal offshore Alabama in the Gulf of Mexico (GOM) to move forward, a spokesman said.

July 9, 2010

Gazprom to Deliver LNG to Louisiana Terminal

Gazprom Global LNG Ltd. (GGLNG) and Sempra LNG, a subsidiary of Sempra Energy, have signed an agreement that will allow GGLNG to supply liquefied natural gas (LNG) to Sempra LNG’s receipt terminal in Cameron Parish, LA.

April 23, 2010

Gazprom to Deliver LNG to Louisiana Terminal

Gazprom Global LNG Ltd. (GGLNG) and Sempra LNG, a subsidiary of Sempra Energy, have signed an agreement that will allow GGLNG to supply liquefied natural gas (LNG) to Sempra LNG’s receipt terminal in Cameron Parish, LA.

April 23, 2010

Obama OCS Leasing Plan ‘Took Us Backwards’

Producers and consumers “didn’t really gain anything” from the Obama administration’s recent plan to allow the potential development of the South Atlantic and Mid-Atlantic coasts and parts of the eastern Gulf of Mexico (GOM), said the president of the Institute for Energy Research (IER) last Monday.

April 19, 2010

Obama OCS Leasing Plan ‘Took Us Backwards’

Producers and consumers “didn’t really gain anything” from the Obama administration’s recent plan to allow the potential development of the South Atlantic and Mid-Atlantic coasts and parts of the eastern Gulf of Mexico (GOM), said the president of the Institute for Energy Research (IER) Monday.

April 13, 2010

Obama OCS Leasing Plan ‘Took Us Backwards’

Producers and consumers “didn’t really gain anything” from the Obama administration’s recent plan to allow the potential development of the South Atlantic and Mid-Atlantic coasts and parts of the eastern Gulf of Mexico (GOM), said the president of the Institute for Energy Research (IER) Monday.

April 13, 2010

Industry Brief

Atmos Energy Corp. subsidiaries Atmos Pipeline and Storage LLC (APS) and Fort Necessity Gas Storage have made agreements with Delhi Gas Storage LLC, a subsidiary of Icon NGS LLC, to allow Delhi to develop the proposed Ft. Necessity salt-dome gas storage project in Franklin Parish, LA. Delhi has been granted the right to drill a brine disposal well and undertake tests to better define the characteristics of the brine disposal formation. If Delhi completes the well and wishes to proceed with the development, it has the right to contribute the brine well test results and acquire a controlling interest in Ft. Necessity, which will own all of the project assets. APS will retain a capital position in Ft. Necessity and will share in a variable percentage of the profits. Upon its exercise of its option, Delhi will have the sole responsibility for managing Ft. Necessity and will provide funding for all future development. Delhi will have the option to purchase APS’s interest at varying stages of development at predetermined pries. Should the project be developed, Atmos Energy Marketing LLC has agreed to purchase some firm storage service.

March 23, 2010

Industry Brief

Atmos Energy Corp. subsidiaries Atmos Pipeline and Storage LLC (APS) and Fort Necessity Gas Storage have made agreements with Delhi Gas Storage LLC, a subsidiary of Icon NGS LLC, to allow Delhi to develop the proposed Ft. Necessity salt-dome gas storage project in Franklin Parish, LA. Delhi has been granted the right to drill a brine disposal well and undertake tests to better define the characteristics of the brine disposal formation. If Delhi completes the well and wishes to proceed with the development, it has the right to contribute the brine well test results and acquire a controlling interest in Ft. Necessity, which will own all of the project assets. APS will retain a capital position in Ft. Necessity and will share in a variable percentage of the profits. Upon its exercise of its option, Delhi will have the sole responsibility for managing Ft. Necessity and will provide funding for all future development. Delhi will have the option to purchase APS’s interest at varying stages of development at predetermined pries. Should the project be developed, Atmos Energy Marketing LLC has agreed to purchase some firm storage service.

March 23, 2010
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