Leading US shale-gas producer and emerging LNG player EQT Corp. cuts production because of low prices
EQT Corp., the leading US natural gas producer in the Appalachian shale basins and an emerging LNG player, has made a “strategic decision” to curtail approximately 1 billion cubic feet per day of gross production beginning immediately.
US shale producer EQT posts loss as output and prices fall while accord signed for Lake Charles LNG tolling
EQT Corp., the leading US natural gas producer in the Appalachia Shale Basin, reported second-quarter losses due to falls in output and prices, though advanced its direct liquefied natural gas prospects by signing a heads of agreement for tolling at the Lake Charles LNG export project in Louisiana for 1 million tonnes per annum.
Dominion secures Cove Point plant term-loan from 20 banks to underscore bankability of LNG
Dominion Energy, the owner of the Cove Point liquefied natural gas export plant on Chesapeake Bay in Maryland, has secured $3 billion in lending commitments from over 20 banks for a three-year term loan that underscored that bankability of LNG.
