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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 Jan. 07-13, 2023 Freeport: Cancels Shipments, Raising Questions on Restart (Bloomberg) Jan. 13: Freeport LNG has canceled some upcoming shipments, adding to the uncertainty over when it will resume shipments… At least two cargoes scheduled to load at the end of Jan. and in early […]
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 […]
LNG: New Fortress, Corpus, Kinder Morgan
Latest News USLNG Export Bonanza Reshapes Energy Map in Asia (Reuters) Aaron Sheldrick (April 02): US LNG exports to China, Japan, and South Korea, the biggest, have surged to record highs in recent months as the region recovers from the COVID-19 pandemic, Eikon trade data shows… Such is the speed of growth of USLNG imports […]
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 […]
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 […]
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 […]