Energia Costa Azul

ConocoPhillips Says LNG Interests Not Affected by ‘Unfortunate’ Biden Export Pause

ConocoPhillips Says LNG Interests Not Affected by ‘Unfortunate’ Biden Export Pause

ConocoPhillips’ LNG business should not be affected in the near term by a freeze on federal approvals for new export capacity, executives said Thursday. The Biden administration’s current pause on authorizations for new liquefied natural gas exports to non-free trade agreement (FTA) countries is “unfortunate” and “clearly more politically driven than fundamental,” said CEO Ryan…

February 9, 2024
Long-term LNG Contracting On the Rise, with Most Deals Indexed to Henry Hub Natural Gas Price

Long-term LNG Contracting On the Rise, with Most Deals Indexed to Henry Hub Natural Gas Price

LNG buyers are signing long-term supply contracts at an unprecedented clip, and those contracts are increasingly being linked to U.S. natural gas benchmarks such as Henry Hub, according to NGI Senior LNG Editor Jamison Cocklin. Last year “was a record year” for the signing of these contracts, Cocklin said during a joint webinar with experts…

November 8, 2023
U.S. LNG Export Race Seen Slowing as Market Enters New Era

U.S. LNG Export Race Seen Slowing as Market Enters New Era

Russia’s war in Ukraine has helped propel the next wave of U.S. LNG projects, putting the country on track to export 22.3 Bcf/d of the super-chilled fuel this decade. Since last year, the Corpus Christ Stage 3 expansion, Plaquemines and Port Arthur liquefied natural gas projects have all been sanctioned. Along with Golden Pass LNG,…

May 10, 2023
U.S. Pipeline Constraints Could Hinder Mexico LNG Projects

U.S. Pipeline Constraints Could Hinder Mexico LNG Projects

Mexico has big plans to become an LNG export powerhouse, but it might not have the pipelines or available capacity to do so, according to experts. “Is there enough capacity and pipelines to support these projects? I don’t think so,” said the head of the Gadex consultancy, Eduardo Prud’homme, on Monday at the LDC Gas…

November 15, 2022
Sempra Sells Stake in North American LNG Assets for Nearly $2B

Sempra Sells Stake in North American LNG Assets for Nearly $2B

Sempra has agreed to sell a 10% non-controlling interest in Sempra Infrastructure Partners, which holds its liquefied natural gas (LNG) assets in North America, to the Abu Dhabi Investment Authority (ADIA) for $1.785 billion. “…As an investor with a global footprint, we expect ADIA will help our team build out a growth platform with an…

December 22, 2021