DOE Raises USLNG Export Ceilings

Cheniere Approved to Boost LNG Exports from Sabine Pass, Corpus Christi

Jacob Dick, NGI (March 17): DOE officials on Wed. (March 16) gave two long-term orders for Cheniere’s Sabine Pass LNG facility in Louisiana and Corpus Christi terminal in South Texas. The combined exports were expanded by up to 0.72 Bcf/d, or around 5 mtpa. The new authorizations allow additional volumes to be exported to any country. As the DOE reiterated, most operating LNG export facilities have been operating near their max capacities to meet both contractual obligations and spot market demands. At CERAWeek, Cheniere CEO Jack Fusco said capacity for the newest trains at Sabine and Corpus Christi were already “sold out through the 2040s.” Industry advocacy group LNG Allies in a letter to the Biden administration last month requested action on pending LNG projects. On Wed., CEO Fred Hutchison said DOE’s announcement was a vote of confidence, but he pushed for more project permitting. “Last week’s olive-branch statements by Biden administration officials at CERAWeek in Houston were followed up by real pen-on-paper actions,” Hutchison said.
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