Category: LNG

Houston-based LNG start-up announces Louisiana plans

HOUSTON — A start-up focused on developing small-scale liquefied natural gas export facilities says it’s taking a step forward in its plans to develop a Louisiana plant. Live Oak LNG said it will develop the LNG export facility with a capacity of 5 million tonnes per annum. Live Oak is a subsidiary of Parallax Energy, […]  More »

LNG exports gain momentum on Capitol Hill

The moves come right as low oil prices weaken the economic case for U.S. liquefied natural gas.  More »

House votes to speed up LNG exports

The House-passed bill would give the Energy Department a 30-day deadline to decide whether to grant licenses to broadly export liquefied natural gas, even as the Senate rejected a more aggressive proposal.  More »

Idea for gas terminal off East Coast rankles fracking foes

Liberty Natural Gas wants to build a deep-water port in federal waters 19 miles off Jones Beach, New York, and 29 miles off Long Branch, New Jersey. Its stated purpose is to bring additional natural gas into the New York area during times of peak demand, thereby lowering home-heating prices.  More »

Excelerate Energy puts Lavaca Bay LNG on hold

The company is now focused on developing floating LNG facilities outside of the U.S., an Excelerate spokeswoman said.  More »

Cheniere LNG project marks milestone as Feds give OK

The facility, which would be able to process as much as 15 million metric tons of liquefied natural gas annually, is the first proposed greenfield export project — one that wouldn’t be built on the footprint of existing LNG infrastructure — to make it this far.  More »

Cheniere CEO Charif Souki to take $1 salary

Souki’s $142 million in compensation for his role in 2013 – mostly on paper, in stock grants – drew raised eyebrows from investors this year.  More »

Apache will sell LNG stakes in Australia, Canada for $2.75 billon

Apache Corp. will sell its stakes in liquefied natural gas projects in Australia and Canada for $2.75 billion, marking one of its most significant steps yet toward paring back its portfolio to focus on North American activity.  More »

LNG co. plans $4 billion-plus Louisiana investment

Construction is expected to begin at the 203-acre site in the third quarter of 2016.  More »

Former BG exec hopes to win big with small LNG

Former BG Group chief operating officer Martin Houston is now in start up mode, serving as founder and chairman of Parallax Energy, a new Houston-based company focused on developing mid-scale liquefied natural gas export facilities.  More »

EPA raises environmental concerns about Corpus Christi LNG

The Environmental Protection Agency said it still has concerns about the impacts Corpus Christi LNG will have on minority neighborhoods and greenhouse gas emissions.  More »

Freeport LNG secures financing, clears way for construction

Crews are expected to begin work this week on the Brazoria County natural gas export terminal now that Freeport LNG has successfully closed on its financing commitments for two of three liquefaction trains.  More »

Freeport LNG obstacles cleared in two rulings

Executives stressed that the company would move swiftly to begin construction after the final regulatory hurdles fell away at a groundbreaking ceremony Monday.  More »

LNG exports could increase production and price of gas, report says

Liquefied natural gas exports could mean more natural gas production, more economic growth and an increase in consumer prices, according to a government analysis.  More »

Rail on track for LNG fuel, but schedule isn’t set

Those hoping for natural gas-powered car fleets on the nation’s highways might want to first look to railroads, where analysts say a there’s a more compelling case to pioneer a switch to natural gas-pulled trains.  More »
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