Sales competition is undermining international prices for liquefied natural gas (LNG), according to ExxonMobil Corp.’s export terminal proposal for the northern Pacific Coast of British Columbia (BC). The supermajor and Canadian affiliate Imperial Oil Ltd. noted the competition in a filing with the National Energy Board (NEB) to build terminal that could export as much as 30 million metric tons a year (mmty) to overseas markets.
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Global Competition Slamming LNG Prices, Says ExxonMobil
Sales competition is undermining international prices for liquefied natural gas (LNG), according to ExxonMobil Corp.’s export terminal proposal for the northern Pacific Coast of British Columbia (BC). The supermajor and Canadian affiliate Imperial Oil Ltd. noted the competition in a filing with the National Energy Board (NEB) to build a terminal that could export as much as 30 million metric tons a year (mmty) to overseas markets.
LNG Offloading at Northern Natural Plant Approved by FERC
FERC Thursday approved Northern Natural Gas pipeline’s proposal to construct and operate facilities to offload liquefied natural gas (LNG) at its peak-shaving facility in Hancock County, IA, to respond more quickly in the event of outage emergencies, heightened demand and required maintenance, as well as to provide LNG liquefaction and delivery service to third parties on an interruptible basis.
Pony Express Conversion Project Gets Favorable Environmental Nod
FERC on Friday issued a favorable environmental assessment (EA) of Tallgrass Interstate Gas Transmission’s proposal to convert the Pony Express Pipeline to meet the increasing demand for crude oil transportation service out of the Bakken formation.
Northeast Ohio Group Devises Midstream Development Plan
A group of elected officials, economic development and real estate experts in northeastern Ohio have developed a proposal to create a network of wet gas gathering lines and other infrastructure in the Utica Shale, using the region’s steel industry, abandoned or partially used rail lines and existing highways.
Vermont Gas Pipeline Comes Between College, Environmentalist Faculty
The Addison Natural Gas Project (ANGP), a Vermont Gas proposal to add a 41-mile extension to its natural gas system in western Vermont, “will benefit the region” and Middlebury College “in numerous ways for years to come,” Middlebury President Ron Liebowitz said recently, despite requests from one prominent faculty member that the college publicly oppose the pipeline.
Enbridge Stirs Buzz in Challenge to TransCanada Conversion
An eco-hornet’s nest of environmental protests is stirring as TransCanada Corp. works to gain industry support to advance its Energy East Pipeline proposal to convert part of its natural gas Mainline to oil service. Rival Enbridge Inc. stirred up the buzz in an area that straddles the border between central Canada and the northeastern United States with a smaller project across the same region that TransCanada would extend.
Enbridge Mounts Rival Project to TransCanada Conversion
Warm-ups are under way for a swarm of environmental protests if TransCanada Corp. gains industry support to advance its Energy East Pipeline proposal to convert part of its natural gas Mainline to oil service.
Interior Plan to Withhold Mineral Revenue Irks Wyoming Governor
Wyoming Gov. Matt Mead laid down the gauntlet Tuesday to a proposal by the U.S. Interior Department to withhold payment of mineral revenues to his state because of federal sequestration. Wyoming is faced with not receiving more than $53 million due this month through July.
Noble Energy Cited for West Virginia Wastewater Spill
The West Virginia Department of Environmental Protection (DEP) ordered Noble Energy Inc. to cease operations and regain control of an impoundment pit in Marshall County after thousands of gallons of drilling wastewater spilled into a waterway in February.