By Stephen Cunningham and Naureen S. Malik (Bloomberg) -- America is set to become an even bigger player in the global liquefied natural gas market after the nation’s top regulator approved two more projects to export the super-chilled fuel. Tellurian Inc.’s proposed $28 billion Driftwood terminal in Louisiana and Sempra Energy’s Port Arthur LNG project in Texas were cleared … [Read more...]
Cheniere Hunts U.S. LNG Export Deals with China, Trade Truce or Not
By Bloomberg News (Bloomberg) -- America’s biggest natural gas exporter is ready to sign long-term agreements with buyers in China, the world’s top market for the fuel, with or without a trade truce. Cheniere Energy Inc. isn’t delaying any liquefied natural gas deals because of the trade dispute, Chief Executive Officer Jack Fusco said in an interview in Shanghai. If that’s … [Read more...]
Texas LNG Export Plant Passes Environmental Test
March 15 (Reuters) - Texas LNG's proposed Brownsville liquefied natural gas (LNG) export terminal in Texas took a step toward receiving federal approval for construction on Friday after staff at the federal energy regulator prepared a final environmental report. In the report, known as an environmental impact statement, staff at the Federal Energy Regulatory Commission … [Read more...]
Trade War Cuts U.S. LNG Exports to China
March 12 (Reuters) - Only one liquefied natural gas (LNG) vessel that left the United States in 2019 went to China, Reuters shipping data show, as the eight-month trade war between the two nations starts to cool. The governments of the world's two largest economies have been locked in a tariff battle as Washington presses Beijing to address longstanding concerns over Chinese … [Read more...]
Sinopec May Ink 20-Year LNG Deal with Cheniere When Trade Spat Ends
By Chen Aizhu SINGAPORE, March 6 (Reuters) - China Petroleum and Chemical Corp plans to sign a 20-year liquefied natural gas (LNG) supply agreement with Cheniere Energy once China and the United States end their trade dispute, two sources with knowledge of the matter said on Wednesday. Cheniere and China Petroleum and Chemical, known as Sinopec, reached a consensus in … [Read more...]