final investment decision

Sempra Green Lights Port Arthur LNG in Second U.S. FID This Month

Sempra Green Lights Port Arthur LNG in Second U.S. FID This Month

Sempra on Monday gave the green light to the first phase of the $13 billion Port Arthur LNG export project in Texas, announcing a positive final investment decision (FID) for the facility and closing the necessary financing to move ahead. The company said it also issued a final notice to proceed with the project to…

March 20, 2023
Venture Global Starts Plaquemines LNG Construction, but Hurricane Ida Stalls Work

Venture Global Starts Plaquemines LNG Construction, but Hurricane Ida Stalls Work

Initial construction activities have started at the Plaquemines liquefied natural gas (LNG) export project in Louisiana, the development’s sponsor told federal regulators on Tuesday. In a Tuesday FERC filing, Venture Global LNG Inc. said work began at the terminal site on Aug. 18, but was halted on Aug. 27 as Hurricane Ida approached the Louisiana…

September 8, 2021
U.S. LNG Developers Eye More FIDs in 2021 as Pandemic Recedes, Demand Rises

U.S. LNG Developers Eye More FIDs in 2021 as Pandemic Recedes, Demand Rises

U.S. liquefied natural gas (LNG) developers are anticipating that 2021 will be much different than 2020. Covid-19 and uncertain long-term economics dashed the plans for a number of U.S. gas export projects to make a positive final investment decision (FID) this year. Most of those projects pushed their planned FID dates into 2021, with the…

December 17, 2020