Fid

Venture Global Inc. said Thursday that it’s closed a $500 million term loan with four banks to fund pre-sanctioning construction activities for the company’s Plaquemines LNG export project in Louisiana.  The transaction was upsized from $400 million to $500 million “based on strong lender interest,” the company said. The term loan was made by JPMorgan…

New York City-based Glenfarne Group LLC hopes to fund both of its U.S. Gulf Coast LNG export projects by the end of 2021, founder Brendan Duval told NGI. Glenfarne earlier this month closed on the acquisition of the 8.8 million metric tons/year (mmty) Magnolia LNG export project near Lake Charles, LA, from Australia’s Liquefied Natural…

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.

Editor’s Note: The following segment is one in a series by NGI’s LNG Insight focused on exploring how the global liquefied natural gas (LNG) market works. The conversations in this series will also analyze news and the issues that matter most to the industry in North America and beyond.

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.

Sempra Energy on Monday said it would delay a final investment decision (FID) on its Port Arthur liquefied natural gas (LNG) export project under development east of Houston.

Infraestructura Energética Nova (IEnova), the Mexican unit of San Diego-based Sempra Energy, plans to make a final investment decision (FID) on the Energía Costa Azul (ECA) liquefaction project in Baja California before the end of March, company officials said during a quarterly conference call Thursday.

Russia’s largest private natural gas producer Novatek and its partners on Thursday sanctioned the 19.8 million metric tons/year Arctic LNG-2 export facility, which would be sited north of Siberia.

PTT Global Chemical pcl (PTTGC) has again delayed a final investment decision (FID) for its proposed multi-billion dollar ethane cracker in Belmont County, OH.