trending Market Intelligence /marketintelligence/en/news-insights/trending/A3Gtl4WDtiFMdEeAb5MTcg2 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 cleared to expand export capacity by 0.8 million tonnes per year

As COVID-19 Wears On, Regulators Examine Moratorium Extensions, Cost Recovery

Essential Energy Insights - June 11, 2020

Webinar Replay

Deep Dive on Oil & Gas for Financial Institutions

Essential Energy Insights - May 28, 2020

Magnolia LNG cleared to expand export capacity by 0.8 million tonnes per year

Australia's LNG Ltd. received authorization from the U.S. Department of Energy to expand the export capacity of its proposed Magnolia LNG LLC terminal by 0.8 million tonnes per annum for deliveries to countries that have free trade agreements with the U.S.

With the DOE approval, Magnolia LNG is now cleared to export up to 8.8 mtpa from the planned terminal in the Port of Lake Charles, La., according to a March 25 news release. The approval is valid for LNG sales with a 25-year term beginning either on the date of first export or on Feb. 26, 2023.

The approval should provide Magnolia LNG's customers with "added flexibility" in exporting gas, said LNG Ltd. Managing Director and CEO Greg Vesey. He said contract negotiations with offtakers are "at an advanced stage."

The Magnolia LNG project involves the construction of up to four liquefaction trains with an LNG production capacity of 2.2 mtpa each, as well as two 160,000-cubic-meter storage tanks and ship, barge and truck loading capabilities. After a postponement due to trade tensions between the U.S. and China, LNG Ltd. now expects to make a final investment decision on the project in the first part of 2019.