Backers

In an article in Friday’s edition of Daily GPI titled Forecasts Undersell Future of North American LNG, Say Terminal Backers, a comment regarding the move to a global liquefied natural gas market was incorrectly attributed to Golden Pass Products project executive Bill Davis. The comment was actually made by LNG Ltd. CEO Greg Vesey. NGI regrets the error.

The Aug. 17 Massachusetts Supreme Judicial Court (SJC) ruling that invalidated contracts on the Access Northeast pipeline expansion has set off a new round of debate as the project’s backers vie for FERC approval of a crucial tariff revision.

Golden Pass Products LLC and its backers, Qatar Petroleum International (QPI) and ExxonMobil Corp., have struck a framework agreement for the sale of potentially the full 15.6 million tonne per annum (mtpa) output of the proposed Golden Pass natural gas liquefaction and export project in Sabine Pass, TX.

Supporters of President Obama are twice as likely to want stringent regulation on hydraulic fracturing (fracking) than Mitt Romney backers, according to a Bloomberg National Poll released Thursday.

The effort to put a natural gas severance tax hike before Arkansas voters has been suspended as backers came up short on the number of signatures necessary to put the issue on the November ballot (see Shale Daily, July 10; June 29). Tax hike proponent Sheffield Nelson told local news media he would make a final decision on whether to abandon the effort within a week. The campaign is short about 40,000 signatures after many were disqualifed. The campaign would need to make up the shortfall by Aug. 20 and deliver at least 62,507 valid signatures in total.

Bogged down for more than two years at FERC on a liquefied natural gas (LNG) import application, the backers of Oregon LNG instead plan to turn their site at the mouth of the Columbia River into a bidirectional facility that would export Western Canadian gas supplies to lucrative Asian markets. All thee major federal filings are to be made within weeks, Project Manager Peter Hansen told NGI.

Bogged down for more than two years at FERC on a liquefied natural gas (LNG) import application, the backers of Oregon LNG have decided to join the growing list of proposed North American LNG export projects and turn their site at the mouth of the Columbia River into a bidirectional facility that concentrates of exporting western Canadian gas supplies to lucrative Asian market. They hope to have all their major federal filings made within weeks, Project Manager Peter Hansen told NGI on Tuesday.

Backers of the Jordan Cove liquefied natural gas (LNG) import-export project along the south-central Oregon coast at Coos Bay are moving ahead with necessary federal regulatory filings in March while monitoring the decline in U.S. natural gas prices and what that will mean for both domestic and global markets.

Alaska Gov. Sean Parnell said during his state of the state address Wednesday he wants backers of in-state and Lower 48-bound gasline plans to “consolidate their efforts” and said the state and North Slope producers need to settle their differences on leases.