From CNBC Qatar will lose its title as the world’s largest exporter of liquefied natural gas (LNG) within the next year, as Australia ramps up production on a slew of multi-billion dollar export projects. “Australia and Qatar continued to jostle for the title of the world’s largest LNG exporter over the first five months of 2019,” the Australian government said
From The Houston Chronicle U.S. LNG exports have expanded to the point they made up 7 percent of total U.S. natural gas production in July, the Energy Information Administration reported Monday. Last month gas deliveries to LNG export facilities reached 6 billion cubic feet a day, as new export facilities come online along the Gulf Coast. “In the first half
Cheniere ships First LNG from Corpus Christi plant Cheniere Energy, Inc. (stock ticker: LNG) exported the first liquefied natural gas commissioning cargo from its Corpus Christi, Texas liquefaction facility this week. The export is the first from a greenfield liquefaction facility in the lower 48 states. Jack Fusco, Cheniere’s president and CEO pointed out that his company delivered the project
U.S. Elba Island is example From Reuters VANCOUVER (Reuters) – The liquefied natural gas market is growing every year, but the terminals that ship and receive the fuel are shrinking. The booming sector’s next-generation infrastructure is being designed for a emerging-market buyers that want smaller volumes on shorter, more flexible contracts. LNG export terminals, where the gas is liquefied and
KMI buys remaining 49% of joint venture with Shell Kinder Morgan (ticker: KMI) announced today that it has reached an agreement with Royal Dutch Shell (ticker: RDSA) to purchase the remaining equity interest in Elba Liquefaction Company (ELC), a liquefied natural gas (LNG) joint venture between the two companies, for $630 million. Previously, KMI held 51% interest in the project.
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