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You will find in this section the latest public news regarding the liquefied natural gas market, regulation and innovations. Please type any keyword in the search box and /or use the ”area”, “topic” and “date” filters to refine your search. Feel free to submit your news to GIIGNL using the contact form.
October 14, 2014
Mr. Steve Hill (BG Group) appointed GIIGNL Vice President
During the recent general assembly of GIIGNL held in Venice (October 6-8, 2014), Mr. Steve Hill was appointed GIIGNL Regional VP for the Americas. Mr. Steve Hill is currently President, Global Energy Marketing and Shipping of BG Group. He succeeds BG Group's former COO, Mr. Martin Houston.
October 14, 2014
DEPA becomes a member of the Executive Committee
During the recent GIIGNL General Assembly held in Venice on October 6 and 7, 2014, DEPA was approved as a new member of GIIGNL's Executive Committee. The Executive Committee comprises twelve member companies (four for each region). DEPA will be represented by its CEO, Mr. Spiros Paleoyannis.
August 7, 2014
Final Investment Decision for Cameron LNG
Partners of the Cameron LNG project GDF SUEZ, Sempra, Mitsubishi and Mitsui announced the Final Investment Decision (FID) for the construction of the liquefaction plant. This decision follows receipt by Cameron LNG of the authorization to construct from the US Federal Energy Regulatory Commission (FERC) and receipt of the conditional approval from the US Department of Energy (DOE) to export LNG to nations with which the United States does not have a Free Trade Agreement.
Cameron LNG is located on an industrial-zoned site along the Calcasieu Channel in Hackberry, Louisiana. The plant will produce and export up to 12 million tons per year with 3 liquefaction trains. The construction works on site will start this fall. The total cost of this facility will be around USD 10 billion. The production of the first train is expected to start in early 2018, with second and third trains following later in 2018 and in 2019 respectively. An Engineering and Procurement Contract (EPC) has been awarded to a joint venture of the firms CB&I from the US and Chiyoda from Japan.