Expect first shipments from Golden Pass in 2024 From Reuters Exxon Mobil Corp and Qatar Petroleum told the U.S. Federal Energy Regulatory Commission (FERC) on Thursday they would start construction of the $10 billion-plus Golden Pass liquefied natural gas (LNG) export terminal in Texas on May 13. Exxon and Qatar Petroleum made a final investment decision to build the project
Tellurian’s Driftwood, Sempra’s Port Arthur projects get DOE greenlight to export U.S. LNG to non-FTA nations It’s no small feat to take an LNG exporting business from conceptual idea for a natural gas liquefaction and export facility to the point of loading cargoes, and the Trump administration is taking the concept-to-market process seriously, moving LNG export project approvals ahead at
“With our FERC order in hand and our project contracted with binding 20-year sale and purchase agreements with Shell, BP, Edison S.p.A., Galp, Repsol and PGNiG, we plan to immediately commence construction activities in Louisiana in close coordination with FERC and other agencies,” Venture Global Co-CEOs Bob Pender and Mike Sabel said in a statement issued today. What kicked the Calcasieu natural gas liquefaction and export
Commonwealth LNG Files Draft Resource Report 13 with FERC
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
Yesterday Cheniere Energy, Inc. (stock ticker: LNG), in partnership with privately-held Bechtel, produced the first LNG from the Corpus Christi Liquefaction project (CCL Project) in Texas. According to a 3Q 2018 presentation by Cheniere, the CCL Project is the first greenfield LNG export facility in the U.S. Lower-48. There are three trains, with 13.5 mtpa total capacity. Train 1 has
From LNG World Shipping State of the art LNG carrier will export natural gas from Freeport LNG – 800,000 tonnes per year starting in 2019 South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has completed its first LNG carrier equipped with a full reliquefication system. The ship in question is the 180,000 m3 LNG Schneeweisschen, the first LNGC built by
Proposed 10 mtpa export project already has nearby pipeline; Germany’s Uniper is contracted for $45 billion in gas over 20 years From Daily Commercial News Thousands of Nova Scotia construction workers are at the starting gate ready to get to work as Pieridae Energy edges closer to giving the go-ahead to its proposed $10-billion-plus liquid natural gas (LNG) project targeted
Royal Dutch Shell plc (ticker: RDS.A) and Kuwait Petroleum Corp. have signed an LNG contract that secures Kuwait’s domestic energy needs for the next 15 years. A private source told Bloomberg that the contract will cover 2-3 million metric tons of LNG a year, all while undercutting Brent benchmark prices by 11%. “The big issue for Kuwait is they burn
Dominion Energy (ticker: D) issued a statement today saying it would begin commercial operations early next year under the terms of previously negotiated 20-year contracts with ST Cove Point, which is the joint venture of Sumitomo Corporation and Tokyo Gas, and for GGULL, the U.S. affiliate of GAIL (India) LTD. Responding to a report from India’s Oil Minister, reported by
Cove Point LNG owner Dominion says plant will begin LNG production in November Dominion Energy (ticker: D) has a lot of faith in the financial benefits that it will derive when it flips the switch and begins to export U.S. natural gas from its $3.4 billion Cove Point LNG liquefaction and export facility in Maryland. “We remain confident that our
U.S. producers enjoy higher prices due to international customers for LNG export cargoes; Canadian gas becoming increasingly stranded – report A lack of market choice for Canadian natural gas led to increased volatility and depressed prices over the summer, creating a higher-than-usual differential with the price of U.S. natural gas, according to the latest oil and gas price forecast by
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