Corpus Christi LNG

Investment Boom Nears as U.S. LNG Projects Race Toward FID

Investment Boom Nears as U.S. LNG Projects Race Toward FID

Multiple U.S. LNG export projects could reach a final investment decision (FID) this year after a record stretch of supply contracting activity in 2022 that accelerated after war broke out in Ukraine. In the year since Russia’s invasion, U.S. liquefied natural gas projects have signed over 30 sale and purchase agreements (SPA) with buyers looking…

February 10, 2023
Cheniere Energy Again Hit by Volatile LNG Prices Despite Record Output

Cheniere Energy Again Hit by Volatile LNG Prices Despite Record Output

Cheniere Energy Inc. continues to deliver increasing volumes of LNG and said Thursday its production hit a record last week, but the company reported a steep third quarter loss related to the purchase of feed gas at prices linked to international benchmarks. CEO Jack Fusco said liquefied natural gas output at the company’s terminals in…

November 3, 2022
Woodside Diversifying Portfolio, Growing European Exposure with U.S. LNG

Woodside Diversifying Portfolio, Growing European Exposure with U.S. LNG

While Woodside Energy Group Ltd. is pushing ahead with multi-billion dollar natural gas development projects to secure the future of its Australian assets, it made moves in the third quarter to grow its exposure to European markets with help from some added U.S. LNG. The third quarter was Woodside’s first full earnings period since it…

October 26, 2022
Whistler Expanding Permian Pipe to Move 1.7 Bcf/d-Plus to Cheniere’s Corpus LNG Facility

Whistler Expanding Permian Pipe to Move 1.7 Bcf/d-Plus to Cheniere’s Corpus LNG Facility

Whistler Pipeline LLC, which transports up to 2 Bcf/d of natural gas from the Permian Basin in West Texas to the Aqua Dulce hub in South Texas, has inked an agreement to expand the system to Cheniere Energy Inc.’s Corpus Christi LNG facility. The ADCC Pipeline joint venture (JV) calls for building a 43-mile, 42-inch…

September 19, 2022
Corpus Christi LNG Expansion Approval Challenged

Corpus Christi LNG Expansion Approval Challenged

Environmental groups are challenging FERC’s approval to extend construction for Cheniere Energy Inc.’s third expansion of the Corpus Christi LNG terminal in South Texas as the battle over natural gas infrastructure projects continues. The Sierra Club and Public Citizen filed a petition with the U.S. Court of Appeals for the District of Columbia (Nos. CP18-512…

September 9, 2022
Chart Industries Anticipates More Large-Scale LNG, FLNG Projects

Chart Industries Anticipates More Large-Scale LNG, FLNG Projects

Chart Industries Inc. expects more LNG terminal customers to sanction large-scale and modular projects in the near term, increasing its already sizable list of orders, as exporters rush to meet skyrocketing demand for natural gas. Ball Ground, GA-based Chart reported to investors last week it broke records across the board during the second quarter, recording…

August 1, 2022
Cheniere Previews Future Corpus Christi LNG Growth with 1.8 MMty PetroChina SPA

Cheniere Previews Future Corpus Christi LNG Growth with 1.8 MMty PetroChina SPA

Cheniere Energy Inc. announced it has inked an additional long-term LNG offtake contract with PetroChina Co. Ltd., building on its supply agreement hot streak and teasing its next generation of projects. Houston-based Cheniere has signed a 1.8 million metric ton/year (mmty) sales and purchase agreement (SPA) with existing customer, PetroChina. According to the SPA, liquefied…

July 20, 2022
Texas Natural Gas Exports Via Corpus Christi Up 50%-Plus

Texas Natural Gas Exports Via Corpus Christi Up 50%-Plus

For the first four months of 2022, liquefied natural gas (LNG) exports from Texas’ Port of Corpus Christi were up 56.2% over the previous tonnage record set in January through April 2020, the port authority said Monday. The Port of Corpus Christi’s CEO Sean Strawbridge said “we have the table set for meeting the increasing…

May 24, 2022
Cheniere Commercializes Corpus Stage 3; Sees LNG ‘Tailwinds’ Lifting Business in 2022

Cheniere Commercializes Corpus Stage 3; Sees LNG ‘Tailwinds’ Lifting Business in 2022

Cheniere Energy Inc. said Thursday it has extended a natural gas supply agreement with EOG Resources Inc., concluding the commercial deals it needs to move ahead this summer with a final investment decision (FID) to expand its Corpus Christi liquefied natural gas (LNG) export terminal in South Texas.  The expanded integrated production marketing (IPM) agreement…

February 24, 2022
Cheniere Asks FERC for More Time to Expand Corpus Christi LNG

Cheniere Asks FERC for More Time to Expand Corpus Christi LNG

Cheniere Energy Inc. has requested more time from FERC to build and bring online its planned expansion at the Corpus Christi liquefied natural gas (LNG) terminal in South Texas, citing delays caused by the Covid-19 pandemic.  Cheniere, one of the largest gas buyers in the country and the nation’s largest LNG exporter, said it needs…

December 9, 2021
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