Cheniere and Bechtel Announce Substantial Completion of CCL Train 1; FERC Authorizes CCL Liquefaction and Export Activities
Posted on Mar 4, 2019 in Federal Regulation, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Cheniere and Bechtel Announce Substantial Completion of CCL Train 1; FERC Authorizes CCL Liquefaction and Export Activities
Today, Cheniere Energy, Inc. (“Cheniere”) and Bechtel Oil, Gas and Chemicals, Inc. (“Bechtel”) announced that Substantial Completion of Train 1 of the Corpus Christi Liquefaction (“CCL”) project at Corpus Christi, Texas, was achieved on February 28, 2019. “Commissioning is complete and Bechtel has turned over care, custody, and control of Train 1 to Cheniere.” “Under sale and purchase...
FID on Driftwood LNG Project Expected June 2019
Posted on Feb 28, 2019 in Liquefaction, LNG Exports | Comments Off on FID on Driftwood LNG Project Expected June 2019
Platts reports that Tellurian Inc., sponsor of the proposed Driftwood LNG liquefaction and export terminal project in Calcasieu Parish, La., expects to reach a final investment decision (FID) and begin construction by the end of June 2019. The project is targeted to begin LNG production in...
Venture Global Calcasieu Pass Receives FERC Authorization
Posted on Feb 27, 2019 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on Venture Global Calcasieu Pass Receives FERC Authorization
FERC has issued an order authorizing Venture Global Calcasieu Pass, LLC to construct and operate an LNG export terminal and associated facilities along the Calcasieu Ship Channel in Cameron Parish, La., and authorizing its affiliate, TransCameron Pipeline, LLC, to construct and operate an interconnected pipeline system. The LNG export terminal is designed with a nameplate liquefaction...
ExxonMobil and Qatar Petroleum Make FID for Golden Pass LNG Export Project
Posted on Feb 5, 2019 in Financing, Liquefaction, LNG Exports | Comments Off on ExxonMobil and Qatar Petroleum Make FID for Golden Pass LNG Export Project
ExxonMobil and partner Qatar Petroleum said today they have made a final investment decision (“FID”) to proceed with development of the proposed Golden Pass LNG export project located in Sabine Pass, Texas. Construction will begin in the first quarter of 2019 and the facility is expected to start up in 2024. According to the press release, the “$10+ billion liquefaction project will...
FERC Releases FEIS for Sempra’s Port Arthur LNG Project
Posted on Feb 1, 2019 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Releases FEIS for Sempra’s Port Arthur LNG Project
FERC Staff has released the final environmental impact statement (FEIS) for Sempra Energy’s proposed Port Arthur Liquefaction and LNG export project in Jefferson County, Texas, and interconnected pipelines (Projects). In the FEIS, “FERC staff concludes that approval of the proposed Projects, with the mitigation measures recommended in the [F]EIS, would have some adverse environmental...
Europe Now the Top Buyer of U.S. LNG
Posted on Jan 28, 2019 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Europe Now the Top Buyer of U.S. LNG
Reuters reports that due to higher prices paid for U.S. LNG supplies, Europe is now the top buyer of U.S. LNG as reflected in “a near fivefold spike in U.S. LNG sales” to Europe, passing South Korea and Mexico as the top market. Prices for U.S. LNG in Asia recently “fell sharply on lower-than-expected demand.” The article states that the “United States is currently second only to...