Crowley Launches 1st U.S. Jones Act LNG Carrier to Serve Puerto Rico

This is a big deal. Shipping giant Crowley, with over 170 vessels mostly in the Jones Act fleet and approximately 7,000 employees around the world (employs more U.S. mariners than any other company), announced it has launched a Jones Act-compliant LNG carrier, U.S.-built and crewed, that will carry LNG from Gulf Coast export facilities to Puerto Rico (P.R.). Since P.R. is a U.S. territory, any U.S. LNG arriving on its shore must be transported on an American crewed and built ship to comply with the century-old Jones Act. Otherwise, the LNG must come from another country. Yeah, screwed up, royally. But, now, there is one ship that can carry LNG from the U.S. to P.R. Finally! Read More “Crowley Launches 1st U.S. Jones Act LNG Carrier to Serve Puerto Rico”

Earlier this month, MDN reported that S&P Global had released Phase 2 of an LNG study that shows U.S. LNG capacity additions would *significantly* lower global GHG emissions compared to the alternatives (see
An explosive expose appearing on the Daily Caller website confirms rumors from last year that the Biden Department of Energy “intentionally buried” a final draft version of a study that would have undermined its January 2024 decision to pause approvals for liquefied natural gas (LNG) export projects. Last October, we brought you the rumor that a study had been circulated at DOE that shows LNG is NOT bad for the environment and was subsequently covered up (see
Up/down, up/down, up/down, up/down… We can’t count how many times the Freeport LNG export facility has come online to go offline again, with the cycle repeating (
The nonpartisan S&P Global released Phase 1 of a study on LNG exports last December on the very same day the Biden/Granholm Department of Energy released its LNG export “study” (see
The European Union’s idiotic methane regulations will be enforced beginning this year. Domestic (European) oil, gas, and coal companies must monitor, measure and report their emissions. The same restrictions would apply to energy imports from other countries, including the U.S. (see
In November 2023, the Federal Energy Regulatory Commission (FERC) agreed with a petition from Dominion Energy subsidiary Virginia Electric and Power Company that requested a planned LNG production, storage, and regasification facility in Greensville County, VA, should be exempt from FERC jurisdiction under section 7 of the Natural Gas Act (see
U.S. natural gas futures jumped 7.5% on Monday on record flows to liquefied natural gas (LNG) export plants and forecasts for higher demand over the next two weeks than previously expected. The amount of gas flowing to the eight big U.S. LNG export plants rose to an average of 15.8 Bcf/d so far in March, up from a record 15.6 Bcf/d in February, as new units at Venture Global’s 3.2-Bcf/d Plaquemines LNG export plant under construction in Louisiana entered service.
MDN chronicled the rise and fall of Tellurian, founded by Charif Souki (who also founded Cheniere Energy), and Tellurian’s LNG export project, Driftwood. Tellurian’s primary focus was to build Driftwood LNG, a 27.6 million tonnes of LNG per year facility that would cost $14.5 billion. Construction began on the project in March 2022, even without a final investment decision (see
Well, look at this. After liquefying and exporting over 350 cargoes of LNG from March 1, 2022, through January 2025, Venture Global says its Calcasieu Pass (CP) LNG export facility is finally “ready” to begin “commercial” operations….on April 15th of this year. Nearly three years after it began shipping LNG. Venture Global has claimed the CP facility was not commercially ready until now.
The European Union’s idiotic methane regulations will be enforced beginning this year. Domestic (European) oil, gas, and coal companies must monitor, measure and report their emissions. The same restrictions will also apply to energy imports coming from other countries, including the U.S. (see
The chickens are coming home to roost for Venture Global, an LNG export company that uses loopholes and excuses to avoid selling LNG cargoes to the companies that signed contracts to buy those cargoes. The company recently launched an initial public offering (IPO), hoping to raise $2.3 billion (see 