The LNG vessel Hoegh Galleon at Cheniere’s Corpus Christi Liquefaction, January 26, 2020. Photo: Business Wire By Naureen S. Malik, Anna Shiryaevskaya and Stephen Stapczynski (Bloomberg) -- One of the world’s biggest liquefied natural gas exporters is signaling it may throttle back production. Cheniere Energy Inc. has tendered to buy six shipments for delivery to Europe … [Read more...]
Coronavirus Fears Hit U.S. Gas Exporters
The LNG carrier Hoegh Galleon departs Cheniere's Christi Liquefaction (CCL) Project, January 26, 2020. Photo: Business Wire (Bloomberg) -- A grim situation for U.S. natural gas exporters has gotten even worse as the coronavirus outbreak sends global prices plunging on concern that China’s demand for the fuel will collapse. Suppliers of American liquefied natural gas were … [Read more...]
Gas Export’s Dirty Secret: A Carbon Footprint Rivaling Coal’s
By Catherine Traywick, Stephen Cunningham, Naureen Malik and Dave Merrill (Bloomberg) --In May, while President Donald Trump toured a new $10 billion plant designed to prepare natural gas for export, he made a vow. Such facilities would be good for the environment, he said, or they won’t get approved. The president has greenlit 11 projects so far, bringing the U.S. total to … [Read more...]
Next Wave of U.S. LNG Export Projects Will Be ‘Tougher’ -Blackstone
By Collin Eaton HOUSTON, Sept 18 (Reuters) - The next wave of U.S. liquefied natural gas (LNG) export projects will be “tougher” to bring online, as companies with existing facilities take advantage of lower costs to expand capacity in coming years, the chief executive of Blackstone Energy Partners said on Wednesday. Blackstone CEO David Foley said at the Gastech Energy … [Read more...]
Cheniere Announces the Substantial Completion of Train 2 at its Corpus Christi Liquefaction Project
Cheniere Energy has announced the substantial completion of the Train 2 at the Corpus Christ LNG liquefaction project. Substantial completion means that the project has been completed enough so that Cheniere can take over care, custody, and control of Train 2 and begin using it to export LNG. Cheniere’s EPC partner in the project, Bechtel Oil, Gas and Chemicals, is … [Read more...]