ET Signs Deal with Singapore’s Gunvor for Lake Charles, La. LNG

Pipeline giant Energy Transfer (builder of the Rover and Mariner East pipelines here in the M-U) is planning a large-scale LNG export facility in Lake Charles, Louisiana located on the Calcasieu ship channel. The project will convert Energy Transfer’s existing Lake Charles LNG import and regasification terminal to become an LNG export facility. In March, ET announced it had signed a pair of 20-year deals with ENN, a Chinese company, to deliver a total of 2.7 million tonnes (MT) per year to the Chinese Communists (see Energy Transfer Signs 20-Yr LNG Export Deal with ChiComms). Yesterday ET announced it has signed up another big customer--one of the world's biggest LNG traders, Gunvor, headquartered in Singapore.

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