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Industry News – 14 June 2024
Recent USLNG Industry and Select No. American NatGas Industry Developments Texas LNG: Tax Reduction Adds Funding Leeway (Offshore Energy) Dragana Nikše (June 07): Glenfarne Energy Transition’s Texas LNG project has received a county tax abatement, providing financial flexibility for the upcoming construction of the natural gas export facility… Construction is slated to begin later this […]
Weekly Industry Roundup
USLNG Industry and Select No. American Natural Gas Industry Developments Dec. 23 to Jan. 06 Rio Grande: Fifth Circuit Upholds 404 Permit (E&E News) Niina Farah (Jan. 06): The 5th U.S. Circuit Court of Appeals on Jan. 05 roundly dismissed a challenge from Rio Grande Valley shrimpers and fishermen against a water permit for an […]
Tellurian, Sempra, Calcasieu
Latest News Tellurian ‘Adapts’ Driftwood LNG Plans on Heels of Covid-19 (NGI) Caroline Evans (April 09): Tellurian could begin construction on the “owner obligation” portions of its Driftwood LNG facility in Louisiana as early as this summer, CEO Octávio Simões said. He also noted that: (1) On FID: “There are some scenarios where we think […]
Renewed Optimism: Commercial Talks Pick Up
Renewed Optimism on Long-Term Deals Corey Paul (April 05): Some USLNG developers expressed a renewed optimism that growing interest among world buyers in signing long-term supply deals will boost the prospects for commercially sanctioning new LNG export projects in 2021, following a year marked by a lack of FIDs. More than a dozen LNG developers […]
Freeport, Calcasieu Pass
Latest News Freeport: Buyers Said to Renew Interest In Supplies from Train 4 (S&P Global Platts) Harry Weber and Corey Paul (March 03): CEO Michael Smith said that Freeport LNG has recently seen renewed interest from buyers in long-term contracts tied to Train 4. Smith said the swings showed that the “market is much more […]
Cheniere GHG, Calcasieu, Tellurian, Jordan Cove
Latest News Cheniere: To Offer LNG Cargo Emissions Data Amid Climate Pressure (Bloomberg) Christine Buurma (Feb. 24): Cheniere Energy has become the latest big supplier of LNG to say it will provide customers with GHG emissions data. The data will quantify the estimated GHG wellhead to delivery point for LNG cargoes produced at Cheniere’s Sabine […]