Cheniere Energy Inc. unit Sabine Pass Liquefaction LLC has applied to the U.S. Department of Energy to export additional volumes from its planned terminal in Cameron Parish, LA. Sabine Pass is seeking authorization to export to both free trade agreement (FTA) and non-FTA countries the equivalent of 101 Bcf per year in support of a contract it struck last December with Total Gas & Power North America Inc. (see Daily GPI, Dec. 18, 2012). The term of the 20-year agreement begins upon the first commercial delivery for the project’s fifth train and has an extension option of up to 10 years. However, Sabine Pass said it is not obligated to serve the Total contract from train five and may use whatever capacity is available at the facility. Recently, Sabine Pass and related companies filed at the Federal Energy Regulatory Commission to set in motion the approval process for the project’s fifth and sixth trains (see Daily GPI, March 7).
Â©Copyright 2013Intelligence Press Inc. All rights reserved. The preceding news reportmay not be republished or redistributed, in whole or in part, in anyform, without prior written consent of Intelligence Press, Inc.
© 2021 Natural Gas Intelligence. All rights reserved.
ISSN © 1532-1231 | ISSN © 2577-9877 |