LNG exports

Mexico President Andrés Manuel López Obrador said during his daily press conference on Tuesday that an LNG terminal could potentially be built in the port of Coatzacoalcos in southern Veracruz to export natural gas to Europe. It’s not the first time López Obrador has talked about shipping gas to Europe as the continent reels from…

Tellurian Inc. said Friday that two sales and purchase agreements (SPA) underpinning its proposed Driftwood LNG terminal in Louisiana have been terminated, dealing another major blow to the project, which was already facing delays. In a regulatory filing with the Securities and Exchange Commission (SEC), Tellurian said an affiliate of Shell plc had terminated a…

The market dynamics that have helped boost U.S. LNG export projects since the early spring are likely to continue, at least in part, but the next wave of terminal development will have added financing and inflationary hurdles, according to analysts with Poten & Partners. The Houston-based consultancy has been tracking a flurry of contracting and…

Whistler Pipeline LLC, which transports up to 2 Bcf/d of natural gas from the Permian Basin in West Texas to the Aqua Dulce hub in South Texas, has inked an agreement to expand the system to Cheniere Energy Inc.’s Corpus Christi LNG facility. The ADCC Pipeline joint venture (JV) calls for building a 43-mile, 42-inch…

China, the world’s largest buyer of LNG,  is reselling the super-chilled fuel to Europe and Asia as an economic slowdown and a boost in Russian gas supplies have created surplus inventories.  In 2021, Chinese gas demand grew at the fastest rate on record, when year/year imports increased by 19.9%, according to the Middle East Institute…

Environmental groups are challenging FERC’s approval to extend construction for Cheniere Energy Inc.’s third expansion of the Corpus Christi LNG terminal in South Texas as the battle over natural gas infrastructure projects continues. The Sierra Club and Public Citizen filed a petition with the U.S. Court of Appeals for the District of Columbia (Nos. CP18-512…

The increased demand and value of U.S. LNG has inspired Cove Point LNG to pursue a new project that could help it export as much natural gas overseas as possible, management disclosed in a letter to FERC. Cove Point LNG LP has filed a preliminary request to the Federal Energy Regulatory Commission for a small…

Canadian energy powerhouse Alberta plans to pay down government debt and cut income tax rates if a predicted windfall in oil and natural gas royalty revenue pans out, provincial officials said last week. Assuming oil and gas prices remain at current levels through the province’s fiscal year, which ends March 31, 2023, a new government…

An East Coast LNG export terminal that would tap into vast amounts of feed gas from the Appalachian Basin is aiming to pre-file with federal regulators by the end of the year and reach a final investment decision by 2024. The 7.2 million metric tons/year (mmty) facility would be located at a yet-to-be-determined site along…