A lawsuit between Cheniere Energy Inc. and Tellurian Inc. has been dismissed by a Texas district court. A $400 million counterclaim by Chenieres one-time business partner Parallax Enterprises LLC also was dismissed, days before a trial was set to begin in Harris County District Court in Houston.*
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NGI The Weekly Gas Market Report
Lawsuit Between LNG Rivals Cheniere, Tellurian Dismissed Ahead of Trial
A lawsuit between Cheniere Energy Inc. and Tellurian Inc. has been dismissed by a Texas district court. A $400 million counterclaim by Cheniere’s one-time business partner Parallax Enterprises LLC also was dismissed, days before a trial was set to begin in Harris County District Court in Houston.*
NGI The Weekly Gas Market Report
Cheniere Eyes ‘Record-Setting’ 2020, More Corpus Christi Expansions Despite Global Gas Glut
Cheniere Energy Inc. has big plans for growing its extensive liquefaction capabilities, with further brownfield expansions being considered at the Corpus Christi liquefied natural gas (LNG) terminal, which management said is an “ideal location to match new gas supply with global LNG demand over the long term.”
Cheniere, Freeport LNG Ink Deals as Gastech Gets Underway
Houston, often called the energy capital of the world, served as a fitting backdrop for Cheniere Energy Inc. to announce a long-term deal to tap Permian Basin natural gas for a planned expansion at its Corpus Christi liquefied natural gas (LNG) terminal. Freeport LNG signed a deal of its own with Redwood Markets Inc., launching an online storefront to sell cargoes ahead of the peak winter season.
FERC Approves Start Up for Cameron LNG’s First Train
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.
Federal Regulators Issue Stern Warning to Cheniere Over Shuttered Storage Tanks
Federal regulators, unsatisfied with Cheniere Energy Inc.’s progress in completing a list of corrective measures following the mandated shutdown of two liquefied natural gas (LNG) storage tanks in early 2018, told the leading U.S. exporter that neither tank would be allowed to return to service until the previously agreed upon actions were completed.
NGI The Weekly Gas Market Report
Total Expands LNG Portfolio; Deal Signed for LNG Prices Tied to International Indices
Total SA would receive $815 million to takeover Toshiba Corp.’s U.S. liquified natural gas (LNG) interests in a deal expected to close later this year that would further expand the French company’s global portfolio in the space. Meanwhile, Apache Corp. has inked a first-of-its-kind deal with Cheniere Energy Inc. to sell natural gas based on international prices.
As Second-Wave U.S. LNG Projects Near FID, Customer Contracts More Difficult to Secure
Additional infrastructure is critical to balancing the U.S. natural gas market as the country is already awash in supplies, with more on the way, but selling that story to investors is difficult, developers of second-wave liquefied natural gas (LNG) export projects said at a recent conference in Houston.
NGI The Weekly Gas Market Report
Cheniere’s Planned Corpus LNG Expansion to Move Forward ‘With or Without China’
After bringing online two liquefaction trains earlier this spring, management for Cheniere Energy Inc. said the ongoing trade spat between the United States and China, which revved up a notch early Friday, has had no impact on its liquefied natural gas (LNG) business and is not going to slow the commercialization of the proposed expansion of its Corpus Christi export terminal in South Texas.
U.S. LNG Exports Set to Surge This Summer Despite Maintenance, Project Delays
Cheniere Energy Inc. remains ahead of the race in sending U.S. natural gas into the global marketplace, but other developers continue to face delays that put into question the timing of a more than 7 Bcf/d projected bump in feed gas deliveries.