More Shipping Channel Troubles for Gulf Coast LNG Exports

Semi-submersible rig Jasminia (credit:

Last week MDN told you about a barge sinking in a shipping channel in Lousiana that had contributed to a big drop in the price of natural gas (see Sunken Barge in LA Helps Fuel $0.22 One-Day Drop in NatGas Price). That barge is still stuck on the bottom, blocking traffic to the Cameron LNG facility. In addition to trouble for Cameron in the Calcasieu Ship Channel, a semi-submersible rig ran aground in the Sabine Bank Channel, blocking LNG traffic to and from Cheniere Energy’s Sabine Pass LNG terminal.

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