trending Market Intelligence /marketintelligence/en/news-insights/trending/AtNCKCFQEk5JcY1duUN33Q2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Magnolia LNG developer extends construction contract

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Magnolia LNG developer extends construction contract

Australia's LNG Ltd. extended the construction contract for its proposed Magnolia LNG LLC terminal in Louisiana amid delays in making a final investment decision for the project.

The engineering, procurement and construction, or EPC, contract with KSJV for the project is now valid through June 30, 2019, according to a Dec. 20 news release. KSJV is a joint venture of KBR Inc. and SK E&C Co. Ltd.

The $4.35 billion turnkey contract was initially signed in November 2015 at an installed capacity cost-per-tonne range of $495 to $544, based on the project's final design upon final investment decision.

Magnolia LNG is designed to have up to four liquefaction trains, each capable of producing at least 2.2 million tonnes per annum of LNG. The terminal at the Port of Lake Charles, La., would also have two 160,000-cubic-meter storage tanks and ship, barge and truck loading facilities.

LNG Ltd. has postponed its final investment decision on the project despite holding U.S. federal regulatory approvals to build since 2016. The company cited trade tensions between U.S. and China as the main reason for the delay. LNG Ltd. now expects to make a final investment decision in the first part of 2019.