Houston-based Cheniere signed a long-term sale and purchase agreement with PetroChina for an LNG supply deal with the Chinese company spanning 24 years.
Both FERC and the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration said they would not allow the Freeport LNG export facility to return to service until they approve the restart.
Shell said on July 20 it had tried to work around the stoppages at its Prelude LNG facility by the Offshore Alliance and find other work for staff and contractors to ensure they would be paid, but that was no longer possible.
The Port Arthur LNG agreement with Sempra positions ConocoPhillips as among the largest natural gas producers in the U.S., said CEO Ryan Lance, who added ConocoPhillips is also interested in expanding its LNG presence.
Tellurian agreed to pay up to $132.5 million, which includes a continent payment, to purchase natural gas assets from EnSight IV Energy Partners located in the core of the Haynesville Shale.
Former Ernst & Young partner and industry veteran Deborah Byers joined Excelerate Energy's board of directors and will serve as chairperson of the audit committee.
In its short-term energy outlook, however, the EIA forecast that U.S. natural gas production and demand will both rise to record highs in 2022 as the economy grows.
Marathon Petroleum’s Trans-Foreland Pipeline unit said it has yet to make a final investment decision to build the Kenai LNG export project in Alaska because of the COVID-19 pandemic and the war in Ukraine.
Cheniere’s request could carry some weight in the Biden administration as it is one of a handful of companies that advises a White House and EU-backed task force developing a plan to wean EU countries off Russian gas.