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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 Jan. 13-20, 2023 Rio Grande: NextDecade has signed a 15-year SPA with Itochu Corporation to supply LNG from the Rio Grande LNG export project in Brownsville, Texas. Under the agreement, Itochu will purchase 1.0 mtpa of LNG indexed to Henry Hub on an FOB basis.
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 […]
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 […]
New Fortress, Rio Grande, Sempra
Latest News New Fortress Energy: Groups Urge FERC to Shut Puerto Rico LNG Terminal (E&E News) Arianna Skibell (March 11): Ten Puerto Rican environmental organizations, as well as UTIER, a labor union representing local utility workers, yesterday (March 10) filed a complaint with FERC calling for the agency to exercise its “broad range” of authority […]