Delay

Bleak Picture Painted for Increasingly ‘Expensive and Fragile’ LNG Projects

Bleak Picture Painted for Increasingly ‘Expensive and Fragile’ LNG Projects

Liquefied natural gas (LNG) suppliers may cede valuable market share to renewables as project costs skyrocket and buyers become more concerned about emissions associated with the super-chilled fuel, according to the Global Energy Monitor (GEM). The nonprofit, which tracks energy projects around the world, in a recent report said North American suppliers are particularly vulnerable…

June 25, 2021
Sempra Now Eyeing Port Arthur LNG FID in 2022 and Looking to ‘Green Up’ Site

Sempra Now Eyeing Port Arthur LNG FID in 2022 and Looking to ‘Green Up’ Site

Sempra Energy may push a decision on whether to sanction the Port Arthur, TX, natural gas export project to 2022 as it looks to reduce the greenhouse gas (GHG) footprint. “We continue to work with partners and customers to focus on options to reduce the projects GHG profile and continue improving its competitive position in…

May 6, 2021
Equitrans Now Delaying MVP Startup to 2022; NC Regulators Reiterate Southgate Denial

Equitrans Now Delaying MVP Startup to 2022; NC Regulators Reiterate Southgate Denial

The Mountain Valley Pipeline’s (MVP) planned in-service date has slipped to 2022, and the total cost for the prolonged construction of the project has swelled to around $6.2 billion, management for sponsor Equitrans Midstream Corp. (ETRN) said Tuesday. Discussing the midstreamer’s 1Q2021 financial results in a conference call with analysts, COO Diana Charletta said the…

May 5, 2021
New Fortress Delays Start-Up of Mexico, Nicaragua LNG Projects to 2021

New Fortress Delays Start-Up of Mexico, Nicaragua LNG Projects to 2021

New Fortress Energy Inc. (NFE) has pushed back in-service dates for liquefied natural gas (LNG) projects in Mexico and Nicaragua to early next year.  The company had expected to finish an onshore LNG import terminal and merchant power plant in Baja California Sur, Mexico, and a natural gas-fired power plant in Nicaragua by the end…

November 5, 2020
Magnolia LNG, Pipeline Developer Seek Five-Year Extension to Build Facilities

Magnolia LNG, Pipeline Developer Seek Five-Year Extension to Build Facilities

The developer of a Gulf Coast liquefied natural gas (LNG) project that would be part of the so-called second wave buildout is seeking more time from FERC to build the export facility, citing difficulty in securing long-term offtake agreements with international customers. New York City-based Glenfarne Group LLC told the Federal Energy Regulatory Commission on…

September 14, 2020
Tellurian Delays Driftwood FID, May Drop Permian Pipeline Plan

Tellurian Delays Driftwood FID, May Drop Permian Pipeline Plan

Liquefied natural gas (LNG) developer Tellurian Inc. has delayed a final investment decision (FID) on its proposed Driftwood LNG export terminal by one year to 2021 and may drop plans to build a $4.2 billion pipeline to bring Permian Basin supply to the first phase of the project, the company’s chief said Tuesday.

June 17, 2020
NextDecade Delays Rio Grande LNG FID to 2021, Cuts Costs to Reach Finish Line

NextDecade Delays Rio Grande LNG FID to 2021, Cuts Costs to Reach Finish Line

NextDecade Corp. said Monday it now expects to make a final investment decision (FID) on its Rio Grande liquefied natural gas (LNG) export project on the South Texas coast next year as the Covid-19 pandemic continues to upend energy markets.

May 18, 2020
Sempra’s Port Arthur FID May Slip Amid Challenging Macro Environment

Sempra’s Port Arthur FID May Slip Amid Challenging Macro Environment

The current economic environment, plagued by the oil price war between Saudi Arabia and Russia and the Covid-19 pandemic, may impact the schedule for sanctioning Sempra Energy’s second U.S. liquefied natural gas (LNG) export project east of Houston.

March 27, 2020

Cameron LNG Seeks Extension for Expansion After Engie’s Exit

A Sempra Energy affiliate has asked FERC for a six-year extension to finish an expansion at the Cameron liquefied natural gas (LNG) export facility in Louisiana, citing a shakeup among its joint venture (JV) partners that has pushed back the project’s timeline.

January 29, 2020

Cameron LNG Seeks Extension for Expansion After Engie’s Exit

A Sempra Energy affiliate has asked FERC for a six-year extension to finish an expansion at the Cameron liquefied natural gas (LNG) export facility in Louisiana, citing a shakeup among its joint venture (JV) partners that has pushed back the project’s timeline.

January 29, 2020
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