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Share Price: 460.65
Bid: 459.05
Ask: 459.15
Change: 0.65 (0.14%)
Spread: 0.10 (0.022%)
Open: 459.95
High: 462.15
Low: 457.50
Prev. Close: 460.00
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FACTBOX-North America natural gas export plans

Wed, 07th Aug 2013 20:25

(Updates with DOE approval for Lake Charles LNG exports to non-FTA nations) Aug 7 (Reuters) - A third U.S. liquefied natural gas terminal, in Lake Charles, Louisiana, received approval onWednesday from the Department of Energy to export domestic natural gas to non-free trade agreement nations. The terminal, backed by BG Group Plc and Energy Transfer Partners LP's Southern Union Co., ispermitted to export up to 2 billion cubic feet of natural gas per day (bcf/d) for 20 years. In May, Freeport LNG became the second project to receive DOE approval to export to non-FTA nations, from its LNGterminal in Quintana Island, just south of Houston, Texas. Operations are planned from 2017. The projects require U.S. Federal Energy Regulatory Commission approval to begin construction. Cheniere Energy is the first company to have received DOE and FERC approval to export gas to non-FTAcountries and construct an LNG export terminal in Louisiana. U.S. shale gas supplies have flattened U.S. gas prices in recent years, prompting producers and terminal owners toseek approval to export the abundant fuel to higher-priced European and Asian markets. There are 19 other projects under DOE review to receive non-FTA export approval. Carib Energy, a subsidiary ofprivately-held Crowley Maritime Corporation, is next on the list, followed by Dominion's Cove Point project and theJordan Cove Energy Project in Oregon. Below is a table showing the proposed and potential LNG export plants according to FERC as of July 25. Capacity isin billion cubic feet per day. Approved by FERC Project State Company Start Up Capacity *Sabine Pass Louisiana Cheniere Energy 2015 2.6 Proposed to FERC Project State Company Capacity *Freeport LNG Texas Freeport LNG/FLNG 2015 1.8 Liquefaction *Lake Charles Louisiana Southern Union-Trunkline TBD 2 LNG Cove Point Maryland Dominion 2016 0.82 Coos Bay Oregon Jordan Cove Energy Project 2017 0.9 Hackberry Louisiana Sempra-Cameron LNG TBD 1.7 Elba Island Georgia Southern LNG Company TBD 0.35 Lavaca LNG Texas Excelerate Liquefaction 2017 1.38 Magnolia LNG Louisiana LNG Limited 2017 1.07 Sabine Pass, TX Texas ExxonMobil-Golden Pass 2018 2.1 Corpus Christi Texas Cheniere Energy 2017 2.1 Plaquemines Parish Louisiana CE FLNG 2018 1.07 Astoria Oregon Oregon LNG 2017 1.3 Sabine Pass, LA Louisiana Sabine Pass Liquefaction 2017 1.3 (expansion) Potential U.S. Project Sites Cameron Parish Louisiana Gasfin Development TBD 0.2 Brownsville Texas Gulf Coast LNG Export TBD 2.8 Pascagoula Mississippi Gulf LNG Liquefaction TBD 1.5 Cameron Parish Louisiana Venture Global TBD 0.7 Cameron Parish Louisiana Waller LNG Services TBD 0.16 Ingleside Texas Pangea LNG 2018 1.09 Proposed Canadian Sites Kitimat British Columbia Apache Canada 2015 0.7 Douglas Island British Columbia BC LNG Export Cooperative 2014 0.25 Kitimat British Columbia LNG Canada 2020 3.2 Potential Canadian Project Sites Prince Rupert Island British Columbia BG Group 2021 4.2 Goldboro LNG Nova Scotia Pieridae Energy Canada 2020 0.7 Melford Nova Scotia H-Energy 2020 1.8 Prince Rupert Island British Columbia Pacific Northwest LNG TBD 2.5 Prince Rupert Island British Columbia ExxonMobil-Imperial TBD 3.8 Squamish British Columbia Woodfibre LNG Export TBD 0.3 *indicates project has received DOE, non-FTA approval. (Reporting by Jeanine Prezioso and Edward McAllister; Editing by Diane Craft, Sofina Mirza-Reid and James Dalgleish)

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