Freeport

Freeport LNG Requests Three-Year Extension to Finish Train 4 Amid Weak Market

Freeport LNG Requests Three-Year Extension to Finish Train 4 Amid Weak Market

Freeport LNG Development LP has asked FERC for a three-year extension to place a fourth train online at its liquefied natural gas (LNG) export terminal on Quintana Island in Texas, citing a weak global economy and the need for a new engineering contractor. The Federal Energy Regulatory Commission authorized the fourth liquefaction train in May…

July 28, 2020
KBR Exit from Energy Business to Benefit Other EPCs in U.S. LNG Build-Out

KBR Exit from Energy Business to Benefit Other EPCs in U.S. LNG Build-Out

KBR Inc. is exiting the energy business to expand its core government and technology businesses, leaving a handful of North American liquefied natural gas (LNG) projects to seek out new engineering, procurement and construction (EPC) contractors. In an investor presentation earlier this month, CEO Stuart Bradie said the decision to exit “the blue-collar construction and…

June 25, 2020

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight

March 11, 2020
Maintenance Cuts U.S. Feed Gas Deliveries to Three-Week Lows at Export Terminals

Maintenance Cuts U.S. Feed Gas Deliveries to Three-Week Lows at Export Terminals

Feed gas deliveries to U.S. export facilities have slipped to their lowest point in weeks as maintenance has cut flows to the Sabine Pass and Cameron terminals in Louisiana.

February 12, 2020

U.S. LNG Exports Rising as Gulf Coast Terminals Ramp Up — Bonus Coverage

Editor’s Note: Please enjoy this bonus coverage from NGI’s LNG Insight, which provides daily netback prices, pipeline flows into regional export facilities, shipping costs, vessel rates, and market-driven news and analysis. For a limited time, this service is free. Start receiving NGI’s LNG Insight today.

December 24, 2019

Gulf Coast LNG Exports Poised to Continue Climbing Despite Bearish Market — Bonus Coverage

Editor’s Note: Please enjoy this bonus coverage from NGI’s LNG Insight, which provides daily netback prices, pipeline flows into regional export facilities, shipping costs, vessel rates, and market-driven news and analysis. For a limited time, this service is free. Start receiving NGI’s LNG Insight today.

December 9, 2019

Freeport McMoRan Agrees to $100M Deal in Louisiana Coastal Erosion Cases

A landmark deal between several Louisiana parishes and energy conglomerate Freeport McMoRan Inc. may pave the way for more operators to settle a bevy of coastal erosion lawsuits as the state grapples with the loss of land linked in part to oil and gas development.

September 30, 2019

Cheniere, Freeport LNG Ink Deals as Gastech Gets Underway

Houston, often called the energy capital of the world, served as a fitting backdrop for Cheniere Energy Inc. to announce a long-term deal to tap Permian Basin natural gas for a planned expansion at its Corpus Christi liquefied natural gas (LNG) terminal. Freeport LNG signed a deal of its own with Redwood Markets Inc., launching an online storefront to sell cargoes ahead of the peak winter season.

September 17, 2019
Freeport LNG Fully Funds Fourth Train with $1B Loan

Freeport LNG Fully Funds Fourth Train with $1B Loan

The liquefied natural gas (LNG) export project in service on Quintana Island in Texas by Freeport LNG on Monday said it has secured all of the funding needed to add a fourth train.

September 10, 2019
Freeport LNG Delays First Cargo to Late August After Gasket Failure

Freeport LNG Delays First Cargo to Late August After Gasket Failure

After a recent mechanical issue, the Freeport liquefied natural gas (LNG) terminal on Quintana Island off the upper Texas coast now expects to ship its first export cargo late this month, the company said Friday.

August 16, 2019
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