LNG

Cheniere Energy, the largest US LNG exporter from the Sabine Pass plant in Louisiana and the Corpus Christi facility in Texas, said the global LNG market had strengthened significantly and it hoped to increase shipments to China as it reported mixed earnings while still posting $9.58 billion of annual revenues…

China National Offshore Oil Corp., one of China’s main LNG importers, said its newly discovered Bozhong 13-2 oil and natural gas field in the Bohai Sea offshore northeast China could prove to be one of nation’s largest resource basins and will be subject to fast-track development.

The Federal Energy Regulatory Commission under the Biden Administration is moving towards toughening certification of new interstate natural gas pipelines, now likely to face permit hurdles such as satisfying “environmental justice” issues and answering the question of why gas-fired power is needed if renewables are available.

Southern LNG Company, the operator of the Elba Island LNG export plant near Savannah in Georgia and a subsidiary of pipeline giant Kinder Morgan, is to host a full inspection of the facility by regulators just after the first anniversary of a fire at the new plant that delayed completion.