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HTMLU.S. Oil Imports Remain Key to $1 Trillion Border Tax Plan
Jacob Dweck; Eversheds Sutherland (US) LLP;
Legal Alert/Article
February 24, 2017, previously published on January 20, 2017
Partner Jacob Dweck is quoted in this Platts article regarding a congressional plan to overhaul the tax code, which includes a border adjustment provision to encourage exports and tax imports at 20%.

 

HTMLSabine Pass LNG Supplies Headed to Portugal
Eversheds Sutherland (US) LLP;
Legal Alert/Article
April 22, 2016, previously published on April 21, 2016
The Wall Street Journal [subscription] reports that a cargo of LNG from Cheniere Energy’s Sabine Pass LNG export terminal in Cameron Parish, La. is headed for the Port of Sines, Portugal and is expected to arrive on April 26, 2016. The cargo is the first shipment of LNG from the United States...

 

HTMLSabine Pass LNG Begins Train 2 Commissioning
Eversheds Sutherland (US) LLP;
Legal Alert/Article
April 20, 2016, previously published on April 19, 2016
FERC has issued an order authorizing Sabine Pass LNG to introduce feed gas, refrigerants and process fluids in certain areas related to the commissioning of Train 2 LNG production at Sabine Pass LNG’s Cameron Parish, La., export facility.

 

HTMLEnvironmental Assessment for Petronas’ LNG Export Terminal Extended for Three Months
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 22, 2016, previously published on March 21, 2016
The Canadian Environmental Assessment Agency (CEAA) has been granted a three month extension to review new information and complete its environmental assessment for the proposed Pacific NorthWest LNG (PNWLNG) export terminal near Lelu Island, British Columbia. Malaysian state oil company Petronas...

 

HTMLConstruction Status Report Filed for Corpus Christi LNG Export Terminal
Sutherland Asbill Brennan LLP;
Legal Alert/Article
February 23, 2016, previously published on February 22, 2016
Corpus Christi Liquefaction (CCL) has filed its monthly report with FERC covering construction activities at its LNG export terminal near Corpus Christi, Texas through January 2016. The report states that engineering has progressed to 95.0%, procurement has progressed to 44.2% and construction has...

 

HTMLLNG Canada Delays FID Until Late 2016
Sutherland Asbill Brennan LLP;
Legal Alert/Article
February 5, 2016, previously published on February 4, 2016
The Globe and Mail reports that due to market conditions, LNG Canada has delayed a final investment decision (FID) on its proposed liquefaction and LNG export terminal at Kitimat, British Columbia until later in the year. An FID was expected in Spring 2016. LNG Canada is a joint venture of Shell...

 

HTMLMagnolia LNG Extends Closing Date for Meridian LNG Tolling Agreement
Sutherland Asbill Brennan LLP;
Legal Alert/Article
February 2, 2016, previously published on February 1, 2016
Today, Magnolia LNG, LLC announced that Magnolia and Meridian LNG Holdings Corp (Meridian LNG) have agreed to extend the financial close date condition precedent for Magnolia LNG from June 30, 2016 to December 31, 2016. In 2015, Magnolia announced that it had entered into a tolling agreement with...

 

HTMLEagle LNG Partners Files FTA and Non-FTA LNG Export Application
Sutherland Asbill Brennan LLP;
Legal Alert/Article
January 29, 2016, previously published on January 28, 2016
Eagle LNG Partners announced that it has filed an application with the U.S. Department of Energy (DOE) requesting long-term, multi-contract authorization to export up to 49.8 Bcf (approximately 1.0 million tons) of LNG/year to both free trade agreement (FTA) and non-free trade agreement (non-FTA)...

 

HTMLOregon LNG Refiles Land Dispute Case Against the Army Corps of Engineers
Sutherland Asbill Brennan LLP;
Legal Alert/Article
January 18, 2016, previously published on January 15, 2016
The Daily Astorian reports that Oregon LNG has refiled a lawsuit in U.S. District Court which claims that the Army Corps of Engineers has abandoned its easement rights to land on which Oregon LNG wants to build its LNG export terminal in Warrenton, Ore. According to the press release, the suit was...

 

HTMLAnalysts: More than Half of U.S. LNG Exports Will Go to Europe by 2020
Sutherland Asbill Brennan LLP;
Legal Alert/Article
January 18, 2016, previously published on January 15, 2016
Bloomberg reports that “Europe is set to be the key destination” for U.S. LNG supplies. Per Wood Mackenzie analysts’ predictions, 55% of U.S. LNG exports will go to Europe by 2020 due to the disappearance of the large spread between European and Asian LNG prices and Europe’s...

 


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