Cheniere Announces Substantial Completion of Train 2 at the Corpus Christi Liquefaction Project
Posted on Sep 4, 2019
Cheniere Energy, Inc. announced that Substantial Completion of Train 2 of the Corpus Christi liquefaction project in Corpus Christi, Texas, was achieved on August 28, 2019. “Commissioning is complete and Cheniere’s EPC partner Bechtel Oil, Gas and Chemicals, Inc. (“Bechtel”) has turned over care, custody, and control of Train 2 to Cheniere.” The press release states that under sale and purchase agreements (“SPAs”) with Électricité de France, S.A., Iberdrola, S.A., Naturgy Energy Group S.A., PT Pertamina (Persero), and Woodside Energy Trading Singapore Pte Ltd, the date of first...
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Freeport LNG Ships First Commissioning Cargo
Posted on Sep 4, 2019
Yesterday, Freeport LNG announced that it has shipped the first LNG commissioning cargo from Train 1 from its liquefaction facility located on Quintana Island in Freeport, Texas. According to the press release, Freeport’s Train 2 is advancing pre-commissioning to support an in service date of January 2020. Train 3 is nearing completion to support an in service date of May 2020.
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U.S. LNG Exports Now 10% of Global Market
Posted on Sep 4, 2019
Reuters reports that U.S. exports of LNG now amount to 10% of the global market and, at 22 million tonnes so far this year, are equal to the total volumes exported in 2018. The report states that for the past two months the world’s largest exporters are Australia, Qatar, the United States, Russia and Malaysia. Further, the “U.S. supply surge has depressed global LNG prices, and with it, European benchmark gas prices, closing the arbitrage for cargoes between the Atlantic and Pacific basins.”...
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FERC Approves Commencement of Service for Corpus Christi Liquefaction Train 2
Posted on Aug 28, 2019
FERC has issued a letter authorizing Corpus Christi Liquefaction, LLC (CCL) to commence service for liquefaction and export activities from Train 2 facilities at CCL’s terminal in Corpus Christi, Texas.
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Commonwealth LNG Files FERC Application
Posted on Aug 23, 2019
Commonwealth LNG has filed an application with FERC for authorization to construct and operate a liquefaction and LNG export terminal consisting of six liquefaction trains, each with a design production capacity of approximately 65.1 Bcf/year (equivalent to 1.4 million metric tonnes per annum (“MTPA”)); six LNG storage tanks; one marine loading berth; and a 3.04-mile long, 30-inch diameter pipeline, among other facilities. Under optimal operating conditions the facility will have a peak capacity of up to 441.4 Bcf/year (equivalent to approximately 9.5 MTPA of LNG). The facility will be...
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Cameron LNG Train 1 Begins Commercial Operation
Posted on Aug 20, 2019
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.
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Venture Global LNG Announces FID and Financial Close for Calcasieu Pass LNG
Posted on Aug 20, 2019
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 site construction has been underway since February 2019, and the project is expected to reach its Commercial Operations Date … in 2022.”...
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