Cargo

Cheniere Squeezed by LNG Cargo Cancellations During 3Q

Cheniere Squeezed by LNG Cargo Cancellations During 3Q

Feed gas was introduced last month to the third train at Cheniere Energy Inc.’s Corpus Christi liquefied natural gas (LNG) terminal in South Texas, which is expected to produce its first LNG in the coming weeks, according to CEO Jack Fusco.  Progress on the expansion project, expected to be complete in 1Q2021, was a bright…

November 6, 2020
Total Sells First Carbon Neutral LNG Cargo to CNOOC

Total Sells First Carbon Neutral LNG Cargo to CNOOC

French major Total SE has delivered its first carbon-neutral liquefied natural gas (LNG) cargo, with the shipment going to state-controlled China National Offshore Oil Corp. (CNOOC), Total management said this week. “This first LNG shipment, whose carbon emissions have been offset throughout the value chain, represents a new step as we seek to support our…

October 21, 2020
Cheniere Swings to Profit on Steep LNG Cargo Cancellation Revenues

Cheniere Swings to Profit on Steep LNG Cargo Cancellation Revenues

Cheniere Energy Inc. reported a big boost from customers that elected to cancel liquefied natural gas (LNG) cargoes in the second quarter, earning $708 million in fixed fees from those opting out of lifting scheduled volumes.  In the first quarter, the Houston operator earned $53 million in revenue associated with canceled cargoes. The 2Q2020 revenue…

August 6, 2020

Poland to Import First-Ever U.S. LNG Cargo in June

Polish Oil & Gas Co. (PGNiG) struck a deal for a spot cargo from Cheniere Energy’s Sabine Pass liquefied natural gas (LNG) terminal in Louisiana. The cargo, expected to arrive during the first half of June, would be northern Europe’s first from the United States.

April 28, 2017

Brief — JERA Co. Inc.

JERA Co. Inc. said its first liquefied natural gas (LNG) cargo produced in the contiguous United States arrived at the Joetsu LNG Terminal of Chubu Electric Power Co. last Friday. It is the first Lower 48 U.S. LNG cargo to be delivered to Japan, the company said. JERA and Cheniere Marketing International LLP had entered into a sale and purchase agreement for the cargo, which was loaded onto the LNG vessel Oak Spiritat Cheniere Energy Partners LP’s Sabine Pass LNG Terminal in Louisiana on Dec. 7. The voyage to Japan via the Panama Canal took about one month. JERA said it believes the purchase of US LNG will contribute to a stable energy supply in Japan through the diversification of procurement regions and LNG price indices. JERA said it will establish an “LNG procurement portfolio that can flexibly respond to changes in the business environment by increasing its procurement ratio of LNG which is free from destination restrictions, through projects such as the Freeport LNG Project in [the United States].”

January 9, 2017

Europe’s First Taste of Gulf Coast LNG On Its Way

The sixth cargo, carried by the Creole Spirit, from Cheniere Energy Inc.’s Sabine Pass liquefied natural gas (LNG) export terminal is bound for Portugal, making it the first Lower 48 LNG export to Europe, according to a Bloomberg report citing unnamed sources.

April 22, 2016

Europe’s First Taste of Gulf Coast LNG On Its Way

The sixth cargo, carried by the Creole Spirit, from Cheniere Energy Inc.’s Sabine Pass liquefied natural gas (LNG) export terminal is bound for Portugal, making it the first Lower 48 LNG export to Europe, according to a Bloomberg report citing unnamed sources.

April 22, 2016

With First LNG Export Cargo, U.S. Sets Sail Into Growing, Evolving Global Market

With the first cargo of liquefied natural gas (LNG) from the Lower 48 states expected to depart Wednesday afternoon from Cheniere Energy Inc.’s Sabine Pass terminal, the global gas market is entering a period of evolutionary change, speakers at IHS CERAWeek said.

February 24, 2016

Enterprise: First Gulf Coast Crude Export in January

Enterprise Products Partners LP is providing pipeline and marine terminal services to load its first export cargo of crude oil produced in the United States.

December 24, 2015

Train Loaded with Crude Oil Explodes in Quebec

A 73-car train crashed and exploded Saturday in Lac-Megantic, Quebec, igniting its cargo of crude oil — possibly from North Dakota — killing as many as 40 people and forcing the evacuation of nearly 2,000 others.

July 9, 2013
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