U.S. LNG company Cheniere Energy Inc. received permission from federal regulators on June 8 to return one of two shut storage tanks to service at its Sabine Pass LNG export plant in Louisiana following a leak in 2018.
Specifically, the U.S. Federal Energy Regulatory Commission (FERC) granted Cheniere's request "to commence cooldown of LNG Tank S-101."
The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) ordered Cheniere to shut two LNG storage tanks on Feb. 8, 2018, after plant workers on Jan. 22, 2018, discovered a 1- to 6-ft crack in one tank that leaked fuel into an outer layer.
During the investigation of the Sabine site, PHMSA discovered a second tank had also experienced releases of LNG from the inner tank.
FERC and PHMSA have said tank S-103, the other tank shut in 2018, will remain out of service until the regulators authorize its return.
In October 2021, Cheniere agreed to pay the PHMSA's proposed $1.5 million penalty for alleged violations related to the 2018 leak.
The five tanks at Sabine can hold the equivalent of 3.4 Bcf of gas each, or 17 Bcf in total. 1 Bcf of gas is enough to fuel about 5 million U.S. homes for a day.
Cheniere is the biggest U.S. buyer of natural gas and the biggest U.S. exporter of LNG with the capacity to produce about 53 million tonnes per annum (mtpa) of LNG at its two facilities: Corpus Christi in Texas and Sabine. That is equivalent to almost 7 Bcf/d of natural gas.
The company is also developing the 11.5-mtpa Corpus Christi Stage III expansion and is expected to make a final investment decision to build the project later this year.
2022-09-29 - “We may well see that the LNG markets in 2023 will be rather tight, maybe tighter than this year,” said Fatih Birol in remarks at the LNG Producer-Consumer Conference in Japan.
2022-09-29 - DT Midstream will pay National Grid about $552 million in cash to acquire its 26.25% ownership interest in the Millennium Pipeline, which transports Marcellus and Utica gas to markets across New York State and New England.
2022-09-29 - The U.S. Treasury Department also slapped sanctions on a network of companies involved in what it said was the sale of hundreds of millions of dollars worth of Iranian petrochemical and petroleum products to users in South and East Asia.
2022-09-29 - Leading members of OPEC+ have begun discussions about an oil output cut when they meet on Oct. 5, two sources from the producer group told Reuters.
2022-09-29 - The 24-hour strike by electricity union FNME lowered capacity from the power grid at a time when France already faces a record number of nuclear reactor outages.