LNG

The US Department of Energy has just published its latest liquefied natural gas monthly export data showing rising prices for the six plants and with China again being the top monthly destination followed by a surge of shipments to Turkey in the East Mediterranean.

TC Energy, the natural gas pipeline company based in the Canadian province of Alberta and a supplier of feed gas to North American LNG projects, is the subject of attention in the US as Texas and 17 other states are suing the administration of President Joe Biden over his cancellation of a permit for TC Energy’s Keystone XL pipeline.

The US Department of Energy extended the terms of seven long-term liquefied natural gas export authorizations through 2050 to help preserve what it said was a vital energy source for its friends and allies.

The actions follow 10 LNG export term extensions previously issued in October pursuant to an export term policy statement finalized in July 2020 by the DoE.

“The success story of US LNG continues to be written, and these extended authorizations will ensure that the benefits from these exports continue for decades to come,” said US Secretary of Energy Dan Brouillette.

“The United States just set a new all-time high record for LNG exports in November 2020, and the monthly rate of LNG exports has now quintupled since the beginning of the Trump Administration,” added Brouillette

The term extensions issued include for the Golden Pass project owned by Qatar Petroleum and ExxonMobil whereby the terminal is currently being transformed into an export plant.

Other projects under development and on the extension list to 2050 are Texas LNG, proposed for Brownsville, Texas, as well as Magnolia LNG in Louisiana.

The Magnolia plant is proposed for a 115-acre site near the Calcasieu Ship Channel. It is designed to produce 8.8 million tonnes per annum of LNG from four Trains.

Both Texas LNG and Magnolia are controlled by Glenfarne, a New York-based fund specialising in energy infrastructure investment.

Tellurian Inc.’s Driftwood venture at Lake Charles in Louisiana and the Delfin LNG project, proposed for offshore Louisiana, are on the list as well.

The Delfin FLNG project is based on the deployment of floating liquefaction facilities with other moored production and storage vessels.

The Delfin developers have already been awarded a deepwater port licence by the US Maritime Administration and the venture has been approved by the US Coast Guard.

Delfin then asked the Federal Energy Regulatory Commission for a three-year and six-month extension until 28th March, 2023 to build facilities to connect up to the FLNG units 30 miles off the coast.

Sempra Energy, the owner of the Cameron LNG plant in Louisiana, also sees and extension linked to its Costa Azul project on the Pacific Coast of Mexico.

Costa Azul, which recently reached a final investment decision for its mid-scale project, has DoE authorization to import and liquefy US-sourced natural gas for export from Mexico.

“Critical to our Nation’s energy independence are the prospects presented by these long-term LNG export extensions,” said Deputy Secretary of Energy Mark W. Menezes.

“LNG is and will continue to be a vital energy resource for our friends and allies around the world,” added Menezes.

These issuances extend each project’s long-term LNG export authorization to non-free trade agreement (non-FTA) countries through December 31, 2050.

Acting Under Secretary of Energy and Assistant Secretary of Fossil Energy Steven Winberg said the move was necessary.

“It is important for DOE to do everything to assure a long-term future for US LNG exports, which will continue to meet global energy security and emissions reduction goals,” added Winberg.

Including the term extension applications just granted, long-term LNG export authorizations with export terms through 2050 are now held by 13 US LNG export projects, as well as the Costa Azul project in Mexico.

The US Department of Energy has just published its latest liquefied natural gas export data illustrating the drop in prices at the different plants, a lower proportion of spot cargoes as well as other shipment details from the six liquefaction facilities in commercial operation.

The US Department of Energy has authorised two small-scale LNG export projects to ship ISO containers of the fuel overseas after being delivered by trucks to cargo vessels at various ports in the states of Alabama, Louisiana, Mississippi and Texas.

The US Department of Energy has just published its latest liquefied natural gas export data illustrating the price differences and proportion of spot cargoes as well as other details of shipments from the five liquefaction plants in operation.

The US Department of Energy has eased reporting mandates for liquefied natural gas exporters that would keep track of the ultimate end-user of the natural gas shipped overseas.

US pipeline natural gas supplies for Mexico have been approved by regulators to provide feed-gas for the US company Mexico Pacific Ltd to export LNG to Asia and other regions from a liquefaction plant proposed for the Mexican state of Sonora.

A US Energy Department statement to the Senate has highlighted deficiencies in the European Union LNG network that could hamper the free flow at market prices of exports from the Gulf Coast and other US regions.

US LNG export data showed China and South Korea each received six shipments from the Sabine Pass export plant in Louisiana as the Chinese surged up the top 10 of American cargo recipients with 29 delivered overall, according to the latest monthly data from the Department of Energy.