trending Market Intelligence /marketintelligence/en/news-insights/trending/4w8zhe10x4mc7-zfyykokg2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Cheniere ships 1st cargo from Corpus Christi; US to become No. 3 LNG exporter

Blog

Global M&A Infographic Q1 2021

Blog

Q1 2021 Global Capital Markets Activity: SPAC IPOs, Issuance in Consumer Discretionary Sector Surge

Blog

COVID-19 Impact & Recovery: Private Equity

Blog

Utility sector progressing on gender diversity, but experts say more work needed


Cheniere ships 1st cargo from Corpus Christi; US to become No. 3 LNG exporter

Cheniere ships 1st LNG cargo from Corpus Christi

A tanker departed Cheniere Energy Inc.'s liquefied natural gas terminal in Corpus Christi, Texas, carrying the first LNG export cargo from the facility and from Texas. "Exporting the first commissioning cargo of LNG from Texas demonstrates Cheniere's ability to deliver projects safely and ahead of schedule, including the first greenfield LNG export facility in the Lower 48 states," Cheniere President and CEO Jack Fusco said in a statement.

US to become world's 3rd-largest exporter of liquefied gas in 2019

The liquefied natural gas export capacity of the U.S. will climb to 8.9 Bcf/d by the end of 2019 as the country overtakes Malaysia to become the third-largest exporter of the commodity in the world, the U.S. Energy Information Administration said. The agency's projection reflects a major ramp-up for a budding U.S. industry that is on track to more than double the LNG export capacity of 3.6 Bcf/d that was reached when Dominion Energy Inc.'s Cove Point LNG in Maryland came online early in 2018.

Cheniere, Sempra try to resolve concerns on overlapping LNG project construction

Cheniere Energy and Sempra Energy told the Federal Energy Regulatory Commission that they will work together to head off potential problems from overlapping construction on two liquefied natural gas export facilities on opposite sides of a waterway between Texas and Louisiana. Cheniere is commissioning a fifth train at its Sabine Pass LNG terminal on the Louisiana side of the Sabine-Neches Waterway. About five miles away and farther upstream, Sempra is seeking federal authorization to build its proposed Port Arthur LNG terminal in Texas, including pipeline infrastructure that would come close to the Cheniere facilities.

Tellurian, Vitol agree to negotiate 15-year LNG sales deal

Liquefied natural gas export hopeful Tellurian Inc. agreed to negotiate a long-term supply agreement with an international trading company for cargoes from the proposed Driftwood LNG terminal in Louisiana as Tellurian moved closer to its target of commercially sanctioning the project in the coming months. Tellurian said Dec. 6 that its U.K.-based trading subsidiary entered into a memorandum of understanding to supply Swiss company Vitol Inc. with 1.5 million tonnes per annum of LNG at a price based on S&P Global Platts' Japan-Korea Marker for a minimum of 15 years.

Venture Global LNG picks Kiewit to build La. terminal, secures $220M in capital

Venture Global LNG chose Kiewit Louisiana Co. as the contractor for its proposed Calcasieu Pass LNG export terminal in Louisiana and secured $220 million in new capital from a Morgan Stanley unit. Kiewit will start construction of the facility by early 2019, upon receipt of required regulatory approvals, including the Federal Energy Regulatory Commission's final order, according to a Dec. 6 joint news release by Venture Global and Kiewit.

Report: India's Petronet seeks US LNG purchase deal, potential project stake

Looking to diversify its sources of liquefied natural gas, New Delhi-based importer Petronet LNG Ltd. plans to purchase a minimum of 1 million tonnes of supply per year for up to 10 years, Reuters reported, citing the company's managing director, Prabhat Singh. The company is in talks with U.S. developers including Houston-based Tellurian about a potential transaction.

S&P Global Platts and S&P Global Market Intelligence are owned by S&P Global Inc.