The U.S. Department of Energy has approved four more LNG export projects in Texas that will add 6.75 billion cubic feet per day of liquefied natural gas export capacity to the United States.
The projects, which are still several years out, include Annova LNG (0.99 Bcf/d), Rio Grande LNG (3.61 Bcf/d), and Texas LNG (0.56 Bcf/d), all located in Brownsville, TX; and Corpus Christi LNG’s Stage III (1.59 Bcf/d) in Corpus Christi, TX.
The approval authorizes the projects to export LNG by ocean-going vessel to any country with which the United States does not have a free trade agreement requiring national treatment for trade in natural gas, and with which trade is not prohibited by U.S. law or policy.
“The Trump Administration recognizes the importance and increasing role U.S. natural gas has in the global energy landscape,” said U.S. Secretary of Energy Dan Brouillette. “The export capacity of these four projects alone is enough LNG to supply over half of Europe’s LNG import demand. With today’s authorizations, we are paving the way for more U.S. natural gas exports to bring energy security and prosperity to our allies around the world.”
The United States has been a net exporter of LNG since the first exports left the Gulf Coast in 2016 with approval from the Obama administration. Since then, the United States has emerged as a leading global supplier of LNG, supplying cargoes to more than 35 countries.
The U.S. Energy Information Administration (EIA) forecasts that U.S. natural gas exports will continue to exceed natural gas imports by an average 7.3 billion cubic feet per day in 2020 and 8.9 Bcf/d in 2021.
The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part of the new sanctions package against Moscow, European Economic Commissioner Valdis Dombrovskis said on Monday.
The prospect of a deal over Iran’s nuclear program saw oil fall sharply on Thursday. The reality is that Tehran has relatively little extra crude that it can bring back — but it could arrive in a market that’s gearing up for surplus.
Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a "shadow fleet" defying Western sanctions on Moscow.
May 15, 2025
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