Argent LNG gets FTA export permit, targets FID within two years
US developer Argent LNG is targeting a final investment decision (FID) within two years after securing Department of Energy approval to export nearly 1.3 trillion cubic feet per year (Tcf/y) of LNG from its proposed Port Fourchon terminal to countries with US free trade agreements.
South Korea targets 18.8% share of LNG in power mix by 2030
Executives of South Korea’s state-run utility KOGAS have visited Alaska as the Ministry of Trade, Industry and Energy (MOTIE) targets to increase the share of LNG in the power gen mix from 16.9% currently to 18.8% by 2030. US LNG imports to Korea already more than doubled year-on-year amid an ongoing Free Trade Agreements renegotiation.
Tokyo Gas to buy 0.5 mtpa from Cameron LNG
Japan's biggest city gas supplier Tokyo Gas Co. has agreed with Mitsui & Co. to purchase 520,000 tonnes of US LNG per year from the Cameron liquefaction project for a 20-year period starting from 2020.
Alaska LNG seeks DoE export approval
Leapfrogging forward, partners in the Alaska LNG project have submitted a request to export up to 20 mtpa over a 30-year period to countries that have free trade agreements with the U.S., as well as to non-FTA countries, to the U.S. Department of Energy (DoE).
SCT&E LNG triples DoE export request
Californian project developer SCT&E LNG has tripled volumes in its Free Trade Application (FTA) to the Department of Energy from 4 to 12 mtpa of LNG to be exported from Monkey Island, Louisiana.
