Terminal

Atlantic LNG Project Advances to Carry U.S., Canada Supply Overseas

Atlantic LNG Project Advances to Carry U.S., Canada Supply Overseas

An Asian plan to open an Atlantic Coast liquefied natural gas (LNG) tanker terminal for U.S. and Canadian production advanced Wednesday, when the National Energy Board (NEB) granted the project a 25-year import/export license.

December 31, 2015

CEO Souki Tossed Overboard Before Cheniere’s First Cargo Sails

Weeks before its Louisiana liquefied natural gas (LNG) terminal is due to send out its first cargo, Cheniere Energy Inc. has ousted company co-founder and CEO Charif Souki after he reportedly tangled with activist investor Carl Icahn, the company’s largest shareholder.

December 14, 2015
Magnolia LNG Louisiana Terminal Gets FEIS

Magnolia LNG Louisiana Terminal Gets FEIS

FERC staff has issued a favorable final environmental impact statement for the Magnolia LNG LLC liquefied natural gas export terminal proposed for Lake Charles, LA, and the associated pipeline expansion facilities of Kinder Morgan Louisiana Pipeline LLC (KMLP).

November 13, 2015

Brief — Enterprise Products

Enterprise Products Partners LP signed another long-term contract to export ethane from its terminal under construction at Morgan’s Point, TX. With the additional volumes, the 200,000 b/d terminal is about 90% contracted. “This agreement is a clear indication of the continued interest for U.S. ethane as a low cost feedstock by the global petrochemical industry,” said Jim Teague, COO of the general partner. “We are in negotiations with other customers and expect the remaining capacity to be sold out when the facility begins service.” The terminal is expected to enter service in 3Q2016 and would be able to load fully refrigerated ethane at up to 10,000 bbl per hour. Supply would be sourced from Enterprise facilities at Mont Belvieu, TX, and delivered by a 24-inch diameter pipeline under construction (see Daily GPI,Oct. 30).

November 9, 2015

Downeast LNG Export Project Down — And Out?

Downeast Liquefaction LLC has asked FERC to pause proceedings for its proposed liquefied natural gas (LNG) export project in Maine while backers rethink their plans in light of “current market conditions.”

November 4, 2015

G2 Says Louisiana LNG Terminal Could Be Online in 2020.

Executives with G2 LNG LLC officially announced their proposed $11 billion liquefied natural gas (LNG) export project on the Calcasieu River Ship Channel in Cameron Parish, LA, at a ceremony on Monday.

October 5, 2015

Icahn Takes Cheniere Stake, Wants A Word With CEO Souki

Entities controlled by activist investor Carl Icahn have taken an 8.2% stake in first-moving, yet so far profitless liquefied natural gas (LNG) terminal developer Cheniere Energy Inc.

August 7, 2015

FERC Issues DEIS For Magnolia LNG Terminal in Louisiana

FERC staff Friday issued a favorable draft environmental impact statement (DEIS) for the Magnolia LNG LLC liquefaction and export terminal proposed for Lake Charles, LA, as well as modifications to an existing natural gas pipeline that would serve the terminal.

July 17, 2015

A New Louisiana LNG Project Is Announced as Another Is Delayed

A former executive of BG Group plc on Tuesday said his recently formed company will pursue a liquefied natural gas (LNG) export project in Louisiana, one day after UK-based BG Group said it was delaying a decision on the Louisiana LNG project it is pursuing with Energy Transfer Partners LP.

February 3, 2015

Pacific NorthWest LNG Strikes Tax Agreement

Pacific NorthWest LNG signaled Monday that its deferred liquefied natural gas (LNG) terminal proposal is still alive by signing a tax agreement for its site on the northern coast of British Columbia (BC).

December 16, 2014