Liquefied natural gas (LNG) exports may begin from the first production unit at Cameron LNG after federal regulators on Friday approved in-service for the Hackberry, LA, terminal.
In its order, FERC said Cameron could start activities from Train 1 as well as the associated outside battery limits and regasification facilities. Cameron had requested in-service a few days ago.
As part of Phase 1 of the project, Cameron achieved first production at Train 1 in May, while the second train is delayed to 1Q2020 and the third to 2Q2020. Total export capacity is to be 12 mmty, or 1.7 Bcf/d.
Meanwhile, the first cargo of LNG under the two-year deal signed in November between state-owned Polish Oil & Gas Co (PGNiG) and Cheniere Energy Inc. arrived Friday morning at the President Lech Kaczyński LNG Terminal in Świnoujście, Poland. The Oak Spirit vessel provided about 165,000 cubic meters of LNG, which after regasification equals about 95 million cubic meters (3.35 Bcf) of natural gas.
The first cargo under the long-term agreement occurred two years after Poland received its first delivery of U.S. LNG, which was purchased from Cheniere on the spot market.
The sale and purchase agreement with PGNiG is for 1.45 mmty on a delivered ex-ship basis. Full annual deliveries are set to begin in 2023. The purchase price is indexed to the monthly Henry Hub price, plus a fee.
“Our portfolio of contracts with U.S. suppliers covers over 9 billion cubic meters (317.8 Bcf) of natural gas after regasification annually; that is more than we import from Russia,” said PGNiG’s Piotr Woźniak, management board president. “Such a volume strengthens Poland's energy security, but also gives us the opportunity to actively participate in LNG trading on the global market.”