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American Gas Association (AGA) Chairman Gregg Kantor told the industry's National Association of Regulatory Commissioners as they gathered in Washington for their 2014 annual meeting that as the nation prepares LNG export projects they should encourage policies that reflect the new era of natural gas abundance.
Yemen LNG said price review negotiations on long-term contracts between the liquefaction company and French buyers are continuing on a confidential basis.
Excelerate Energy, the US LNG project developer, has formally submited an application to the Federal Energy Regulatory Commission seeking authorization to construct, and operate a terminal for the export of LNG from Lavaca Bay in Texas and for an associated pipeline.
The Australian Petroleum Production and Exploration Association has opposed plans for the over-regulation of future LNG and natural gas projects in the state of Queensland, where four LNG plants are currently being developed, and in other states.
The Henry Hub spot natural gas price in Erath, Louisiana, which is so beloved of those seeking less expensive LNG cargoes, has just hit its highest level since September 2008 at $7.90 per million British thermal units.
Australian LNG player Woodside Petroleum has changed its previous agreement to buy a 30 percent stake in the East Mediterranean Leviathan LNG project and natural gas assets offshore Israel from Noble Energy and partners for US$1.2 billion and instead will buy 25 percent for up to US$2.5Bln.
BG Group Chief Executive Chris Finlayson has given a step-by-step account of how the Queensland Curtis LNG plant in Australia will be brought on stream and ramped-up during 2014 as the UK portfolio player takes the path to recovery after problems in Egypt and a tough second-half of last year.
Heyco Energy Group of Dallas signed a letter of intent with fuel supplier IPC Inc. for 150,000 gallons per day of LNG to market from late 2014 in the Eagle Ford shale play, one of the most active in the world with more than 200 rigs operating.
LNG developers in Canada will likely delay their final investment decisions this year after the British Columbia Finance Minister said tax measures for the province's 10 planned LNG export projects are not expected to be finalized until the end of the year.
GDF-Suez, the French energy company and LNG developer, said it chartered the world's largest Floating Storage and Regasification Unit in partnership with Japanese trading house Marubeni to be deployed in Uruguay and become the South American country's first LNG import facility.