Liquefied

Lake Charles LNG Facility Scheduled for Upgrade

The largest liquefied natural gas (LNG) import terminal in the United States just received authorization from the Federal Energy Regulatory Commission (FERC) to become even larger. CMS Trunkline LNG will expand the peak send-out capacity of its terminal in Lake Charles, LA, this summer to 1 Bcf/d from 700 MMcf/d (see Daily GPI, Feb. 22).

April 4, 2001

CMS to Expand LNG Terminal

North America’s largest liquefied natural gas terminal isgetting bigger — CMS Energy officials confirmed yesterday theywill expand the Lake Charles, LA, terminal within a few months iffederal approval is received. The LNG facility, which now producesup to 700 MMcf/d could eventually increase its daily production to1.25 Bcf/d, CEO William McCormick said during a morning pressbriefing.

April 4, 2001

Chevron Considers West Coast LNG Imports

In another indication that liquefied natural gas could becomemore than a niche fuel in North America, San Francisco-basedChevron said yesterday it is “reviewing options” for importing LNGto serve the West Coast. If the project proves economically viable,Chevron said its first supplies could arrive by 2005.

April 3, 2001

El Paso, Phillips to Deal LNG on West Coast

Houston-based El Paso Corp. signed a letter of intent last week to purchase liquefied natural gas from a new Australian LNG production facility to be built by Phillips Petroleum Co., which would provide up to 4.8 million tons of LNG beginning in 2005 for North American markets. El Paso and Phillips expect to complete a definitive agreement on the deal by mid-year.

March 12, 2001

BG&E, Maryland Target Cove Point LNG Facility

Williams’ proposal to reactivate the mothballed Cove Pointliquefied natural gas (LNG) terminal and associated facilities inCalvert County, MD, is coming under fire from all quarters -potential distribution customers and the state.

March 2, 2001

Shell LNG Could be U.S. Bound

Royal Dutch/Shell said yesterday it expects to have plans inplace by this July to export liquefied natural gas to the UnitedStates and southern Europe from Egypt. Egypt has enough gasreserves to commit 10 Tcf to 15 Tcf to export, said Shell.

March 1, 2001

CMS to Expand LNG Terminal, Customer Services

North America’s largest liquefied natural gas terminal is getting bigger — CMS Energy officials confirmed last week they will expand the Lake Charles, LA terminal within a few months if federal approval is received. The LNG facility, which now produces up to 700 MMcf/d could eventually increase its daily production to 1.25 Bcf/d, CEO William McCormick said.

February 26, 2001

El Paso Snags LNG Lease Option

In what would be the smallest of the four existing liquefied natural gas terminals in the United States, El Paso Merchant Energy got the go-ahead on a three-year lease option to build a facility on Radio Island in North Carolina. The North Carolina State Ports Authority unanimously approved the deal last week.

February 26, 2001

El Paso Snags LNG Lease Option

In what would be the smallest of the four existing liquefiednatural gas terminals in the United States, El Paso Merchant Energygot the go-ahead on a three-year lease option to build a facilityon Radio Island in North Carolina. The North Carolina State PortsAuthority unanimously approved the deal last week.

February 26, 2001

El Paso to Build Six LNG Facilities; Sets Open Season

To capitalize on the growing liquefied natural gas market,Houston-based El Paso Energy Corp. said it would spend $1.5 billionover the next five years to build six LNG terminals for NorthAmerican markets. The six proposed projects include three in theUnited States, two in Mexico and one in the Bahamas, with fiveserving the U.S. marketplace.

February 6, 2001