Above-average temperatures are forecast for most regions of Japan through early October, compelling the country to seek prompt LNG, potentially from the U.S., to cover extended summer-related electricity demand.
Delayed construction of Mexican LNG projects hinders U.S. producers’ ability to improve access to thriving markets.
Sempra’s Cameron LNG, Venture Global LNG’s facilities in Calcasieu Pass and Tellurian’s site for Driftwood LNG will all be close or in the path of Francine.
President Biden’s LNG pause in January suddenly made Tellurian Inc.’s LNG export permit more valuable. The company’s July sale marked the end of an eight-year saga—particularly the last 16 months, starting with when its co-founder lost his stock, ranch and yacht in a foreclosure.
The Bureau of Safety and Environmental Enforcement reported that 130 platforms and several rigs were affected as the storm approached the Louisiana coast.
The D.C. Circuit is to consider the case for Venture Global's Calcasieu Pass 2 LNG facility in Louisiana.
Despite the Biden administration’s pause on LNG export facilities, the U.S. took the spot as global LNG exporter in 2023, overtaking Australia, Qatar and Russia, according to the International Gas Union.
LNG export plants and offshore oil platforms in the Gulf of Mexico are already taking a hit as as Francine strengthens.
The U.S. State Department’s sanctions follow earlier accusations against Russia creating a “ghost fleet” of tankers.
The 1909 Matisse painting known as “The Dance” demonstrates the outcome of one of the U.S.’ pillars falling down.