Big Dog's Boom Boom Room Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dennis Roth who wrote (179956)	8/9/2013 12:35:22 PM
From: Dennis Roth	2 Recommendations Recommended By JimisJim LoneClone Read Replies (3) of 206184

Dominion Resources Inc (D) Alert: DOE Approves Lake Charles, D’s Cove Point Up Next 7 August 2013 ¦ 7 pages ir.citi.com Our Take: Dominion is next in line to be reviewed by the DOE for non free trade agreement approval for its LNG export terminal. DOE is continuing at its stated pace of one decision every ~60 days. The announcement timing and result increase our confidence that Dominion will receive approval to export to non- FTA countries from Cove Point. This is a positive data point for Dominion, but the Department of Energy reviews each application on a case by case basis. In addition, we note that LNG export terminals add to the list of MLP qualified income generating projects for Dominion which would support the argument for this transaction structure. ------- Sempra Energy (SRE) EPS Beat on Utilities & Tax; LNG Project Moving Through Queue 7 August 2013 ¦ 9 pages ir.citi.com LNG Project Queue — Today, the DOE issued a license for the Lake Charles facility to export LNG to non-free trade countries. The announcement essentially confirms the DOE is moving through the project queue in the order in which applications were received. At the current rate of approval, we estimate SRE should receive a license to export to non-FTA countries by the end of the year. This should put SRE on schedule to receive a construction permit from the FERC in February 2014. Given the number of projects that have been approved, we believe the DOE and FERC are taking the view that the markets will determine which facilities get built. This means the projects that actually move forward will be those that have strong sponsors, are credible operators and have experience in project management.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next