Cameron LNG Train 1 Begins Commercial Operation
Posted on Aug 20, 2019 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Cameron LNG Train 1 Begins Commercial Operation
McDermott International, Inc. has announced the beginning of commercial operation of liquefaction Train 1 at Cameron LNG’s facility at Hackberry, La. The terminal is jointly owned by Sempra LNG, LLC, Total, Mitsui & Co., Ltd. and Japan LNG Investment, LLC....
Venture Global LNG Announces FID and Financial Close for Calcasieu Pass LNG
Posted on Aug 20, 2019 in Financing, Liquefaction, LNG Exports | Comments Off on Venture Global LNG Announces FID and Financial Close for Calcasieu Pass LNG
Venture Global LNG, Inc. announced the final investment decision (FID) and closing of the project financing for the company’s Calcasieu Pass LNG facility and associated TransCameron pipeline in Cameron Parish, La. According to the press release, “[t]he proceeds of the debt and equity financing fully fund the balance of the construction and commissioning of Calcasieu Pass. Full...
Freeport Begins LNG Production
Posted on Aug 20, 2019 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Freeport Begins LNG Production
Platts reports that Freeport LNG has begun LNG production from Train 1 at its facility on Quintana Island, Texas, becoming the sixth major US liquefaction facility to produce LNG. According to a Freeport LNG spokeswoman, the first Train 1 cargo loading is expected later this month and Train 1 remains on schedule for a September start of commercial...
DOE Publishes LNG Export Data through June 2019
Posted on Aug 16, 2019 in Federal Regulation, LNG Exports | Comments Off on DOE Publishes LNG Export Data through June 2019
The U.S. Department of Energy (DOE) has published data on exports of U.S. domestically-produced LNG through June 2019. Key takeaways highlighted by EIA are as follows: Top five countries of destination, representing 59.5% of total U.S. LNG exports in June 2019 • South Korea (20.4 Bcf), Chile (19.0 Bcf), Mexico (17.0 Bcf), Japan (14.6 Bcf), and Spain (13.5 Bcf) 141.8 Bcf of exports in...
BP Publishes LNG Master Sales and Purchase Contract Templates
Posted on Aug 16, 2019 in Liquefaction, Markets and Competition | Comments Off on BP Publishes LNG Master Sales and Purchase Contract Templates
Reuters reports that BP has published its master sales and purchase contract templates for its LNG trading business which it hopes will “contribute to the broader discussion around standardization and liquidity for LNG transactions.”...