Lake Charles LNG, the export project being pursued by pipeline and midstream company Energy Transfer and Royal Dutch Shell, has filed with regulators for an extension to mid-December 2025 for the venture to be completed and a final decision to go-ahead is expected by year-end.
Freeport LNG in Texas is shipping its first cargo to the Middle East in a move underscoring the benefits of the US shale boom that has boosted the nation's resources since the facility on Quintana Island was first conceived as an import terminal in 2004.
Chevron Corp., the second-largest US oil and gas company and a leading participant in the LNG market with two plants in Western Australia, has agreed a $50 billion deal to buy US energy company Anadarko Petroleum, one of America’s leading independent producers and a key stakeholder in Mozambique LNG assets.
The US state of Pennsylvania has seen natural gas production average 5 billion cubic feet per day in 2017, an increase of 3 percent and a record for the state, with output coming largely from shale-gas plays in the Appalachian Basin and will have long-term benefits for LNG producers such as the Cove Point plant in Maryland.
Ineos, the European petrochemicals company with shale-gas and refinery assets in the UK, said it signed a long-term supply agreement with SP Chemicals of China for the supply of ethane made from US shale gas.