Pieridae Energy to Make FID on Goldboro LNG Project Next 2 Mos
We’ve kept an eye on several LNG export projects along the Eastern shore of Canada (most of them in Nova Scotia) for some time. Why? Because they’re a huge potential market for Marcellus and Utica Shale gas. One of those projects, in Nova Scotia, is the Goldboro LNG project from Pieridae Energy. In February, the U.S. Dept. of Energy approved the plant for exporting to non-free trade agreement counties, back in February (see Goldboro LNG Project Gets Final DOE Approval – Good for Marcellus). In August, Honeywell has announced it was selected to provide the Goldboro project with automation and safety systems and serve as the integrated main automation contractor (see Signs of Life in Canadian Goldboro LNG Export Project). Pieridae officials went on the record this week saying they are still on track to make a final investment decision (FID) by the end of this year, which is just over two months away. We take that to be a very good sign…
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You may recall that evil corporate raider Carl Ichan fired the CEO of Cheniere Energy, Charif Souki, in December 2015 (see 
Sometimes the boneheaded decisions of others can benefit us. Take, for example, Scotland–where the government has placed a moratorium on fracking until…until the cows come home? Or is it sheep? The Swiss-based company INEOS is a young but rapidly growing chemical company with roughly $40 billion in sales per year. INEOS’ competitors would be companies like BASF, Bayer and Dow Chemical. INEOS has its fingers in a lot of pies. One of those pies is an ethane cracker plant in Grangemouth, Scotland. Because Scotland has not, and apparently will not, frack its own abundant, clean supply of natural gas (which would produce associated amounts of ethane), INEOS is forced to look elsewhere for large supplies of ethane–or shut the plant down. Rather than shut it down, INEOS has contracted with Marcellus/Utica drillers who send their ethane to the Marcus Hook refinery near Philadelphia where it then gets loaded onto ships the length of two football fields–to carry the ethane to places like Grangemouth. The first such shipment of Marcellus/Utica ethane heading to Grangemouth is set to arrive over the next few days. And Scotland’s tragic loss is our great gain, because INEOS has signed contracts to keep our ethane flowing to Grangemouth for the next 15 years…
For the gazillionth time, PennEast Pipeline is addressing the lie spread by opponents that “most a that thar gas will get exported overseas.” Virulent anti-drillers try to whip up opposition to the pipeline any way they can, including spreading the lie that PennEast gas will not stay local and benefit local residents. The single counter-argument that utterly destroys that lie is this: In order to export gas, PennEast would first have to apply for and receive permission from the U.S. Dept. of Energy. Guess what? PennEast has not (nor is going to) apply to the DOE for export permission, as they indicate in the following Letter to the Editor…
Cheniere Energy operates the only liquefied natural gas (LNG) export facility in the United States–currently. There are others planned, like the Cove Point, Maryland facility currently under construction. We keep tabs on Cheniere, even though it’s located in Louisiana, because the pipelines that serve it either are or soon will have Marcellus/Utica natural gas flowing through them–to the Cheniere plant. It’s potentially a very important market for our natural gas. We’ve had plenty of Cheniere news lately. Earlier this week we told you about a major restructuring at the top of the company, and the news that Train 2 at the plant is about ready to rock and roll (see 
After firing Cheniere Energy’s CEO and co-founder last December, Charif Souki, corporate raider Carl Icahn then installed his own puppet to run the LNG exporting company (see 
For some time now we’ve been tracking progress with an LNG export plant planned for the eastern shore of Nova Scotia, the Bear Head LNG project. Of all the Canadian LNG export projects that will export Marcellus gas, Bear Head seems to have the most momentum. The project has received most (if not all) of the necessary permits it needs to proceed. The most recent regulatory hurdle was a greenhouse gas approval from Nova Scotia, issued in July (see 
Ten years is long enough for the Federal Energy Regulatory Commission (FERC) when it comes to an LNG (liquefied natural gas) project. Yesterday FERC pulled the plug on an application from Downeast LNG, telling them their application to build an import/export plant along the shoreline of Maine (in Washington County) has been rejected. In December 2006, Downeast filed applications “for the siting, construction, and operation of an LNG import terminal and associated pipeline take-away facilities in Washington County, Maine.” In July 2014, Downeast filed a letter requesting the Commission initiate the pre-filing process for the conversion of its proposed import project facilities into a bidirectional import/export LNG terminal and associated pipeline facilities. The facility would use Marcellus Shale gas to export–an important new market for our overabundant gas supplies. In August 2014, the FERC approved Downeast’s request to pre-file the bidirectional import/export project. As recently as June 2015, Downeast boasted of plans to begin building the facility in 2017 (see 
For some time now we’ve been tracking progress with an LNG export plant planned for the eastern shore of Nova Scotia, the Bear Head LNG project. Of all the Canadian LNG export projects that will export Marcellus gas, Bear Head seems to have the most momentum. The project has received most (if not all) of the necessary permits it needs to proceed. The most recent regulatory hurdle was a greenhouse gas approval from Nova Scotia, issued in July (see 
In April 2013, Dominion signed Japan and India to a deal to accept 100% of the LNG output that will come from their Cove Point, Maryland LNG export facility (see 
A small group of ignorant children (look the photo) preened and pretended to actually know something when they marched outside of the Philadelphia Energy Solutions (PES) refinery in South Philly where PES would like to expand by leasing an extra 200 acres at the Southport facility. The children blocked traffic causing a backup, making drivers unhappy. The kids also prevented trucks from entering and exiting the facility–for about 10 minutes. Philly police watched and did nothing. Sycophantic media (StateImpact) claimed there were “around 100” but a picture of the event shows nine (that we can see), none of whom appear to be old enough to drink beer. PES is pushing the concept of making Philadelphia an “energy hub” and they (PES) want to ship Marcellus Shale gas from the Southport facility location after piping it there from other parts of PA. A number of people are bidding on the property and it’s not at all a foregone conclusion that PES will get it (see