News

The Canadian province of British Columbia has issued a statement of thanks to members of a native North American tribe who voted by a majority in favour of the Asian-led Pacific NorthWest LNG project and for continuing to pursue LNG development on their traditional territory.

Aug 23 (LNGJ) - Venture Global LNG, the Washington DC-based developer of two export projects in the state of Louisiana, said it had closed the fifth round of a private equity investment exercise. The company raised additional capital of $15 million, bringing the total of funds raised so far to more than $280M. Venture Global said it was continuing its development plans for its Calcasieu Pass facility to produce for its 10 million tonnes per annum of LNG for export as well as the 20 MTPA Plaquemines facility at mile-marker 55 on the shore of the Mississippi River, 30 miles south of New Orleans. “We are pleased to continue to successfully develop and optimize our projects, hit our milestones and, as a result, raise additional equity,” Venture Global said.

Aug 25 (LNGJ) - Two Australian cargoes are destined for India. The 155,00 cubic metres capacity carrier “British Emerald”, operated by BP Shipping, left the Western Australian export plant at Dampier, operated by Woodside, on August 20 and is scheduled to arrive at the Indian Dahej import terminal near Mumbai on September 2. The Chevron-operated vessel, “Asia Energy”, is scheduled to deliver an Australian cargo from Dampier to the same Indian terminal on September 4.

Aug 26 (LNGJ) - The US Department of Energy issued an order granting American LNG Marketing a permit to export LNG over two years from its Hialeah facility near Medley in Florida to nations with and without a Free Trade Agreement with the US. The LNG would be loaded into ISO containers at the facility and transported by road or rail to ports in the state for export on ocean-going vessels. “The volumes proposed for export in this proceeding, when added to any volumes exported under American LNG’s long-term export authorizations, will not exceed 3.02 billion cubic feet on an annual basis,” the DoE said.

Top