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Cheniere LNG to Sell Interest in Freeport LNG Terminal

Cheniere Energy, Inc. announced this morning that it is selling its 30 percent stake in the Freeport LNG terminal to Zachry American Infrastructure, LLC. According to a press release, the sale is expected to close in the second quarter of 2010, subject to conditions including completion of due diligence and regulatory...

European LNG Headlines

Department Approves Jetty Licence for Shannon LNG Terminal (Irish Times) Spare Berthing Slots Offered at Belgian and U.K. Terminals (Platts LNG Daily) [Subscription required]

Sempra LNG, Gazprom Agree on Supply Arrangements for Cameron LNG Terminal

Yesterday Sempra LNG and Gazprom Global LNG agreed on an arrangement where Gazprom would pay Sempra for the right to sell and deliver up to two LNG cargos per month to the Cameron LNG terminal. According to a Sempra LNG media release, the deal will commence in June...

Sempra LNG: Costa Azul LNG Terminal Could Receive Nearly Three Cargos Per Month

Speaking with Reuters, Sempra LNG’s CEO Darcel Hulse said that, as LNG exports from Indonesia increase, Sempra LNG’s Energia Costa Azul LNG terminal could receive an LNG cargo every twelve days, or nearly three cargos per...

European LNG Headlines

U.K. Gas Prices Ease as Weather Warms, LNG Flows (Reuters) Statoil Postpones Planned Snohvit LNG Work, Plans Summer Outages (Platts LNG Daily) [Subscription required]

Industry Analyst: LNG Imports Necessary to Diversify U.S. Natural Gas Supply

Jay Copan, senior vice president of corporate affairs for the American Gas Association, told attendees at the LNG16 conference in Algeria that he expects LNG imports to play an important role in maintaining a diverse natural gas supply for the U.S. market despite increased production from U.S. shale gas plays. Platts LNG Daily offers additional coverage. [Subscription...

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