Cheniere and PETRONAS Sign 20-Year LNG SPA
Posted on Dec 19, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Cheniere and PETRONAS Sign 20-Year LNG SPA
Cheniere Energy Partners, L.P. announced today that its subsidiary Sabine Pass Liquefaction, LLC (“Sabine Pass Liquefaction”) has entered into an LNG sale and purchase agreement (“SPA”) with PETRONAS LNG Ltd. (“PLL”), a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS. According to the press release, PLL has agreed to purchase approximately 1.1 million tonnes of...
Poland’s PGNiG Finalizes Contract for Port Arthur LNG Supplies
Posted on Dec 19, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Poland’s PGNiG Finalizes Contract for Port Arthur LNG Supplies
Polish Oil and Gas Company (“PGNiG”) announced that it has signed a 20-year contract with Port Arthur LNG, a subsidiary of Sempra Energy, for the sale and purchase of LNG from the proposed Port Arthur LNG terminal in Jefferson County, Texas. According to the press release, PGNiG will buy 2 million tonnes of LNG annually on a FOB (Free On Board) basis, and will be responsible for...
FERC Releases Draft EIS for Annova LNG Brownsville Project
Posted on Dec 17, 2018 in Environmental, Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Releases Draft EIS for Annova LNG Brownsville Project
FERC Staff has released a draft environmental impact statement (EIS) for the proposed Annova LNG Brownsville liquefaction and LNG export terminal project (“Project”) on the Brownsville Ship Channel in Cameron County, Texas. The Project would include a new LNG export terminal capable of producing up to 6.95 million metric tons per year of LNG for export. The draft EIS concludes that...
Tellurian and Vitol sign MOU for 15-year LNG sale
Posted on Dec 17, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Tellurian and Vitol sign MOU for 15-year LNG sale
Tellurian Inc. (Tellurian) has announced that its subsidiary, Tellurian Trading UK Ltd. (Tellurian Trading), has entered into a Memorandum of Understanding (MOU) with Vitol Inc. (Vitol) to supply 1.5 million tonnes per annum of LNG from Tellurian Trading’s LNG offtake capacity at the proposed Driftwood LNG export terminal on Calcasieu River in Calcasieu Parish, La. The transaction...
First Commissioning Cargo Departs Cheniere’s Corpus Christi Liquefaction Facility
Posted on Dec 11, 2018 in Liquefaction, LNG Exports | Comments Off on First Commissioning Cargo Departs Cheniere’s Corpus Christi Liquefaction Facility
Cheniere Energy, Inc. (“Cheniere”) announced today that the first commissioning cargo of LNG “has loaded and departed from its Corpus Christi liquefaction facility in Texas, marking the first export of LNG from the state and from a greenfield liquefaction facility in the lower 48 states.” The Corpus Christi liquefaction facility’s first train produced first LNG in November and is...
EIA: U.S. LNG export capacity to more than double by the end of 2019
Posted on Dec 11, 2018 in Liquefaction, LNG Exports | Comments Off on EIA: U.S. LNG export capacity to more than double by the end of 2019
The U.S. Energy Information Administration (“EIA”) projects that U.S. LNG export capacity will reach 8.9 Bcf/day by the end of 2019, making it the third largest in the world behind Australia and Qatar. Currently, U.S. LNG export capacity stands at 3.6 Bcf/day, and it is expected to end the year at 4.9 Bcf/day once the Cameron LNG terminal in Cameron Parish, La., and Freeport LNG...