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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 […]
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 […]
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 […]