SCT&E LNG Inc. has lined up natural gas supply for its proposed liquefied natural gas (LNG) terminal in Louisiana. The 20-year, fixed-price deal is a first of its kind among U.S. LNG export projects, the company said.
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SCT&E LNG Inc. recently signed a nonbinding agreement with a large Asian power utility for the sale of 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from its proposed terminal on Monkey Island in Cameron Parish, LA.
SCT&E LNG LLC has been granted authority to export 584 Bcf per year of liquefied domestic natural gas from its proposed terminal to be sited on Monkey Island in the Calcasieu Ship Channel in Cameron Parish, LA, to countries that are party to free trade agreements (FTA) with the United States.