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Importance of USLNG Exports
U.S. Gas Industry Increasingly Relies on USLNG Exports John Kemp, Reuters opinion (March 29): U.S. gas producers have become increasingly reliant on USLNG exports to Europe and Asia to absorb growing output and prevent domestic prices from plunging because of oversupply. LNG exports surged to almost 67 bcm in 2020, up from less than 1 […]
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 […]