Cheniere and CPC Sign 25-Year LNG SPA
Posted on Aug 20, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Cheniere and CPC Sign 25-Year LNG SPA
Cheniere Energy, Inc. announced that its subsidiary Cheniere Marketing International LLP has entered into an LNG sale and purchase agreement (SPA) with CPC Corporation, Taiwan (CPC). CPC has agreed to purchase approximately 2 million tonnes per annum of LNG from Cheniere Marketing on a delivered ex-ship basis for a term of 25 years, beginning in 2021. The purchase price for LNG is...
United States and Panama to Sign Regional LNG Expansion Pact
Posted on Aug 20, 2018 in LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on United States and Panama to Sign Regional LNG Expansion Pact
Reuters reports that the United States and Panama will sign an agreement intended to expand private investment to allow greater U.S. LNG access to Latin American countries. Under the proposal, U.S. LNG supplies would be shipped to the new AES Colón LNG terminal in Panama and then distributed to countries the...
Venture Global LNG Announces Additional $160 Million in Funding
Posted on Aug 20, 2018 in Financing, Liquefaction, LNG Exports | Comments Off on Venture Global LNG Announces Additional $160 Million in Funding
Venture Global LNG, Inc. announced that it has raised additional private capital of approximately $160 million, bringing funding to a total of $630 million to support the development of both the proposed 10 million tonnes per annum (MTPA) Calcasieu Pass liquefaction and export terminal on the Gulf of Mexico and the proposed 20 MTPA Plaquemines LNG liquefaction and export terminal on...
Pieridae Energy in Talks to Sell Goldboro LNG Supplies to Swiss Utility
Posted on Aug 20, 2018 in Canada & Mexico, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Pieridae Energy in Talks to Sell Goldboro LNG Supplies to Swiss Utility
Reuters reports that Pieridae Energy, sponsor of the proposed Goldboro LNG terminal in Nova Scotia, is negotiating with Swiss energy company Axpo for a 10-year LNG supply deal. Axpo would buy the LNG from Goldboro’s second train for sales across Europe, with deliveries estimated to begin in the third quarter of...
DOE Releases U.S. LNG Export Data for June 2018
Posted on Aug 15, 2018 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on DOE Releases U.S. LNG Export Data for June 2018
The U.S. Department of Energy (DOE) has released data on U.S. LNG exports covering year to date through June 2018. The data shows the following LNG export shipments from the Dominion Energy Cove Point Terminal in Lusby, Md., which began LNG exporting in March 2018: six shipments to Japan, two each to Jordan and Kuwait, and one each to Argentina, Dominican Republic, Mexico, Pakistan,...