USLNG News

News about Existing and Planned USLNG Export Projects

FEATURED ARTICLE

Benefits of USLNG Exports

LNG Allies released a report in 2018 that summarizes the potential for significant economic benefits and job growth in the USLNG industry.

DOE
July 30, 2020

Extending DOE Authorizations

Final Policy Statement Extending Non-FTA Export Authorizations to 2051 During President Trump’s trip to Midland, Texas, yesterday (July 29) he announced that the U.S. Department of Energy was finalizing their policy statement to extend LNG export authorizations to non-FTA nations until Dec. 31, 2050. This extension was requested by Cheniere and supported by LNG Allies […]

USLNG Industry
July 29, 2020

Support for LNG Authorization Extensions

LNG Allies Statement on DOE Extension of LNG Authorizations to 2051 WASHINGTON — July 29, 2020—At his speech in Midland, Texas, President Trump announced today that the U.S. Department of Energy (DOE) had issued a final policy statement under which U.S. LNG export authorizations to nations with which the United States does not have a […]

USLNG Industry
July 29, 2020

USLNG Exports Jump

Record USLNG Output Jump Lifts Exports in Weak Market (Reuters) Ekaterina Kravtsova and Scott DiSavino (July 29): A sharp increase in USLNG output in the past year has protected the country’s status as the world’s third largest exporter, despite multiple cargo cancellations this summer… The U.S. exported 26.5 million tons of LNG in January to […]

Baker Hughes
July 22, 2020

Baker Hughes Q2 Results

Prepared for More Oil and Gas Ructions (FT) Myles McCormick (July 22): Baker Hughes is bracing itself for an extended period of depressed activity as the threat of a coronavirus resurgence hangs over the U.S. oilfield services industry. CEO Lorenzo Simonelli: “We are preparing for potential future volatility, while also focusing on . . . structurally reducing our […]

Tellurian
July 22, 2020

Tellurian to Sell More Stock

Tellurian Gets $35 Million Lifeline as LNG Market Conditions Crumble (Chron) Sergio Chapa (July 22): Tellurian announced Wed. (July 22) that the company entered into a deal where institutional investors will buy $35 million of stock. Although the company has yet to file its second quarter earnings, declines in natural gas prices are expected to […]

USLNG Industry
July 21, 2020

USLNG Cargo Cancellations Slow

Buyers Cancel September Cargoes but Pace Slows (Reuters) Ekaterina Kravtsova (July 21): Fewer USLNG cargos were cancelled than for the two previous months, industry sources said on Tues. (July 21)… Two of the eight sources said as many as 25 or 26 cargoes might have been cancelled for Sept., while one source estimated 15 to […]

Tellurian
July 21, 2020

Tellurian and Petronet Restart Talks

Tellurian Resumes Negotiations with Petronet (Reuters) Nidhi Verma and Scott DiSavino (July 21): India’s top gas importer Petronet LNG has renewed its initial deal to consider investing $2.5 billion in Tellurian’s Driftwood LNG project, Indian sources familiar with the matter said. Petronet and Tellurian now have time until the end of December to finalize the […]

New Fortress
July 20, 2020

New Fortress Responds to FERC

Response Submitted to FERC “Show Cause” Order for San Juan LNG Project On June 18 FERC issued a show cause order asserting that the agency had jurisdiction over the LNG import facility that New Fortress Energy has built in San Juan, Puerto Rico, to supply trucks and Units 5 and 6 of the adjacent powerplant […]

LNG Limited
July 10, 2020

LNG Ltd. Plan Approved

Australian Court Approves LNGL Recapitalization, Asset Sale Options (Kallanish) July 10: Parties interested in recapitalizing or acquiring assets from Australia’s Liquefied Natural Gas Limited must do so by July 24. The company’s administrators got approval from the Supreme Court of Victoria to proceed with the Stage 2 Process to either recapitalize the company or sell […]

Energía Costa Azul
July 9, 2020

USMCA and Energía Costa Azul

USMCA Renews Economic Cooperation in North America (Sempra Energy) July 09: The US-Mexico-Canada Agreement [ushers in] a new era of economic cooperation between the signatory countries, and at Sempra Energy, we believe the USMCA sets the stage for an exciting new phase of economic cooperation here in North America… Sempra LNG’s and IEnova’s proposed Energía […]

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