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DOE Action an Important Signal for Projects
Energy Approves New LNG Licenses Jeremy Beaman, Wash. Examiner (March 17): DOE announced March 16 that it has authorized LNG facilities on the GOM to export additional volumes in the midst of the strain on global energy markets… Fred Hutchison of LNG Allies: “We really view the rhetoric as having changed substantially in the last […]
DOE Raises USLNG Export Ceilings
Cheniere Approved to Boost LNG Exports from Sabine Pass, Corpus Christi Jacob Dick, NGI (March 17): DOE officials on Wed. (March 16) gave two long-term orders for Cheniere’s Sabine Pass LNG facility in Louisiana and Corpus Christi terminal in South Texas. The combined exports were expanded by up to 0.72 Bcf/d, or around 5 mtpa. […]
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 […]
Annova, NextDecade, Corpus Christi, Texas LNG
Latest News Annova LNG: Exelon Cancels Project (Release) March 22: “Due to changes in the global LNG market, Annova LNG has announced the immediate discontinuation of its LNG export facility under development in Brownsville, TX. The project had proposed building a 6.5 mtpa facility on the Port of Brownsville… The Annova LNG project was being […]
Venture Global, Corpus Christi
Venture Global: Raises $500 Million in Debt Venture Global LNG Inc said on Thurs. (Feb. 11) that it closed a $500 million term loan with several banks and will use some of the proceeds for construction as its proposed Plaquemines LNG export plant in Louisiana. The banks are JPMorgan Chase, Morgan Stanley, Mizuho, and Bank […]