Freeport LNG Train 2 Begins Commercial Operation
Posted on Jan 22, 2020 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Freeport LNG Train 2 Begins Commercial Operation
Freeport LNG announced the start of commercial operations for the second liquefaction train of its three train facility on Quintana Island, Texas, with the commencement of gas deliveries from BP under its 20-year tolling agreement with Freeport. According to the press release, “Freeport LNG’s Train 1 began commercial operations in [December], with the commencement of Osaka Gas’s and...
Cameron LNG Begins Production at Train 2
Posted on Jan 6, 2020 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Cameron LNG Begins Production at Train 2
Cameron LNG has begun producing LNG from the second liquefaction train at its export facility in Hackberry, La. According to the press release, Train 2 and Train 3 are expected to commence commercial operations under Cameron LNG’s tolling agreements in the first and third quarter of 2020, respectively. Train 1 started commercial operation in August 2019. Cameron LNG is jointly owned by...
Chevron to Reduce Funding for Proposed Kitimat LNG Terminal
Posted on Dec 12, 2019 in Canada & Mexico, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Chevron to Reduce Funding for Proposed Kitimat LNG Terminal
Chevron announced that “[a]s a result of Chevron’s disciplined approach to capital allocation and a downward revision in its longer-term commodity price outlook, the company will reduce funding to various gas-related opportunities including Appalachia shale, Kitimat LNG, and other international projects. Chevron is evaluating its strategic alternatives for these assets, including...
FERC Chairman Meets with Polish Counterpart to Discuss LNG
Posted on Dec 9, 2019 in Federal Regulation, Liquefaction, LNG Exports, Markets and Competition | Comments Off on FERC Chairman Meets with Polish Counterpart to Discuss LNG
Last week, FERC Chairman Neil Chatterjee met with Rafał Gawin, President of the Polish Energy Regulatory Office, to discuss, among other things, development of the LNG sector in the United States and Europe....
Gunvor Signs LNG Marketing & Gas Supply Agreement with Commonwealth LNG
Posted on Dec 4, 2019 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Gunvor Signs LNG Marketing & Gas Supply Agreement with Commonwealth LNG
Gunvor Group Ltd. (Gunvor) and Commonwealth LNG announced that they have entered into a Strategic LNG Marketing & Gas Supply Agreement in relation to Commonwealth LNG’s proposed liquefaction and LNG export project in Cameron Parish, La. According to the press release, under the agreement, Gunvor will support Commonwealth in securing binding LNG offtake and gas supply agreements for...
Tellurian Signs Agreement to Sell LNG to Petronet
Posted on Oct 21, 2019 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Tellurian Signs Agreement to Sell LNG to Petronet
The Economic Times reports that Tellurian Inc., sponsor of the proposed Driftwood LNG export terminal (Driftwood) in Calcasieu Parish, La., has signed an initial agreement (memorandum of understanding) to sell LNG to India’s Petronet LNG. According to the report, Tellurian will deliver the LNG to India at a price of $6/MMBtu, “signalling a much lower price than the ceiling for output...