FID on Port Arthur LNG Delayed Until Next Year
Posted on May 7, 2020 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on FID on Port Arthur LNG Delayed Until Next Year
Platts reports that Sempra LNG has delayed until next year a final investment decision (FID) on the proposed Port Arthur LNG liquefaction and export terminal in Port Arthur, Texas. An FID had previously been anticipated for the third quarter of 2020....
Venture Global Calcasieu Pass Raises First LNG Storage Tank Roof
Posted on May 4, 2020 in Liquefaction, LNG Exports | Comments Off on Venture Global Calcasieu Pass Raises First LNG Storage Tank Roof
Venture Global LNG, Inc. announced that it has raised the roof on the first LNG storage tank at its Calcasieu Pass LNG export facility under construction in Cameron Parish, La. The company also announced “that the export facility’s marine perimeter wall (including access road gates) and levee are now complete, securing the site.” ...
Tellurian Announces New Financing, Reduction of Term Loan
Posted on May 4, 2020 in Financing, Liquefaction, LNG Exports | Comments Off on Tellurian Announces New Financing, Reduction of Term Loan
Tellurian Inc., sponsor of the proposed Driftwood LNG liquefaction and export terminal in Calcasieu Parish, La., announced that it has executed an agreement to sell $56 million of zero coupon, unsecured notes for gross proceeds of $50 million and provide the lender with warrants to purchase up to 20 million shares of Tellurian common stock, subject to customary closing conditions. The...
FERC Authorizes Freeport LNG To Place Train 3 In Service
Posted on May 4, 2020 in Federal Regulation, Liquefaction, LNG Exports | Comments Off on FERC Authorizes Freeport LNG To Place Train 3 In Service
FERC has issued a letter order authorizing Freeport LNG to place liquefaction Train 3 in service at its export facility on Quintana Island, Texas.