Louisiana

Executives in the heart of the Lower 48 oil and gas patch have revised down their forecasts for domestic natural gas prices this year, according to the latest survey of industry activity and sentiment by the Federal Reserve Bank of Dallas. The Dallas Fed, as it is better known, conducts a quarterly survey of about…

Delfin Midstream Inc. has finalized an investment agreement with shipping giant Mitsui O.S.K. Lines Ltd. (MOL) for its Delfin LNG export project ahead of a possible final investment decision (FID) later this year. Delfin disclosed MOL has agreed to take an undisclosed stake in the proposed Louisiana offshore liquefied natural gas project and will be…

Major U.S. LNG exporters and project developers on the Gulf Coast are exploring how to tackle the costly problem of rising nitrogen and heavy hydrocarbon levels from Permian Basin feed gas. During a panel discussion at the LNG Export Engineering and Construction Conference in Houston last week, management from Freeport LNG Development LP, Sempra Infrastructure,…

Jera Co. Inc. has signed on as an offtaker from Venture Global LNG Inc.’s CP2 export project under development in Cameron Parish, LA.  Jera, Japan’s largest power company, has agreed to buy 1 million metric tons/year (mmty) of liquefied natural gas from CP2. Jera would buy the super-chilled fuel for a term of 20-years on…

The U.S. Department of Energy (DOE) has denied an Energy Transfer LP affiliate’s request to again extend the deadline for starting exports from its proposed Lake Charles LNG facility in Louisiana.  In an order denying the application for an “unprecedented second extension,” DOE said Friday that the project had failed to show good cause for…

Delfin Midstream Inc. on Monday announced another binding agreement to sell LNG to an affiliate of commodity trader Hartree Partners LP and said it expects to sanction its floating offshore production facility in the Gulf of Mexico (GOM) by the middle of the year. Under the sales and purchase agreement (SPA), Delfin would sell 0.6…

CF Industries Holdings Inc., which uses natural gas in its hydrogen and nitrogen manufacturing, agreed to pay nearly $1.7 billion for the Incitec Pivot Ltd. (IPL) ammonia production complex in Waggaman, LA. The IPL facility has a nameplate capacity of 880,000 tons/year of ammonia, CF noted.  The companies plan to allocate around $425 million of…

The Federal Energy Regulatory Commission has authorized Sempra Infrastructure’s amended design for the expansion of its Cameron LNG facility as the firm aims for a final investment decision (FID) this summer for the project. In early 2022, Sempra filed a request to amend the approval for its proposed 6.75 million metric tons/year expansion of the…

Natural gas production out of the U.S. Gulf Coast should rise over the next decade as it continues to look toward the export market, according to researchers at Louisiana State University’s (LSU) Center for Energy Studies. In the center’s latest Gulf Coast Energy Outlook (GCEO) authors David E. Dismukes and Greg Upton said that in…