Archive | October, 2014

Russia-Ukraine Gas Deal Finally Signed

After around-the-clock negotiations, Russia, Ukraine, and the European Union late today (Oct. 30) signed an agreement that will enable Russia to resume shipping gas to Ukraine. According to a Reuters story: Price Agreement. Ukraine will pay $378 per 1,000 cubic meters to the end of 2014 and $365 in the first quarter of 2015. Past […]

Categories: Europe, European Union, Russia, Ukraine

Dominion Starts Cove Point Construction

Dominion Resources has begun construction-related activities for the Cove Point LNG export project, one of the largest private investments ever in Maryland. Dominion’s Diane Leopold noted that the project underwent a comprehensive three-year regulatory review and approval process and that more than 60 approvals and permits were required before construction could begin. “The Cove Point […]

Categories: Cove Point

EIA Releases Second LNG Economic Study

The Oct. 29 EIA report: Effect of Increased Levels of Liquefied Natural Gas Exports on U.S. Energy Markets builds upon the earlier report issued by EIA which considered the market effects of LNG exports ranging up to 12 billion cubic feet per day (BCF). The second report considered the higher scenario of up 20 BCF. Attached […]

Categories: ANGA, API, DOE, Economics, EIA, Export License

Floating LNG Terminal Arrives with a Splash

As reported in our Oct. 27 newsletter, Lithuania’s floating storage and regasification vessel docked in the Port of Klaipėda on that day and was welcomed by a large crowd of well wishers and dignitaries that included U. S. legislative and executive branch officials and the prime ministers of both Latvia and Estonia, Lithuania’s Baltic neighbors. Sen. […]

Categories: Energy Security, Estonia, Europe, Fuel Diversity, Latvia, Lithuania

Revised EIA LNG Study to be Released Shortly

When DOE announced in late May that it was proposing major changes to the procedures governing the “public interest” process used to grant licenses to export LNG from the United States to nations without free trade agreements, (non-FTA nations), it also announced that the Energy Information Administration (EIA) would update its 2012 economic impacts study. […]

Categories: DOE, EIA, Export License, FERC

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